Supervisor haney our clerk today is erica major. Madam clerk, do you have any announcements . Clerk [inaudible] and the board, the board of supervisors legislative chamber and Committee Room are closed. However, members will be participating in the meeting remotely. This precaution is taken pursuant to the various local and state orders and committee directives. Public comment will be available on each item on this agenda. Both channel 26 and sfgtv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments or opportunities to speak during the Public Comment are available via phone by call 4156550001. The meeting i. D. Is 1464087451. Press pound and pound again. When connected, you will hear the meeting discussions but muted and in listening mode only. When your item comes up, press star, three to be added to the speaker list. When prompted to speak, speak slowly and clearly and turn down your television or speakers. Or you may submit co
Newsom. Last i cooked its august of 2020. My understanding is that in january, the end of january 2021, that decision will need to be made. The governor added hes focused on flattening the curve, keeping people safe and healthy. Criticism comes with the job. Not only is the Vice President ial candidate, but harris has been under the microscope for decades, dating back to her time as San Franciscos d. A. Melissa colorado has more on her scrutiny on record of crime. Reporter there was no audible applause or audience in delaware. The cheers were coming from living i keep thinking it started in the bay area. That first race when she was at 6 per 6 . Reporter she helped catapult harris political career as her Campaign Manager back in 2003, when harris ran to unseat her former boss as San Franciscos district attorney. She was the most progressive prosecutor. You know, she did recidivism programs before anybody was talking about that. She is a centrist moderate democrat, shes not a progressiv
Ed, welcome back. Thank you very much youve been bullish for a while and now youre acting on it why was now the time i had concerns that the market would have some concerns about the pandemic, that we did obviously see somes increase in the outbreaks down in the sunbelt, but the market the tenyear has been below 1 you know, there is no alternative, probably never been more relevant than it has been since the fed adopted what i call qeforever on march 23rd. You have what you call a meltup in the market, but you say as you have more of this melt up, you increase the risk of a meltdown. How does that factor into your broader view well, you know, its one thing to be bullish, but at the same time you have to be aware of where the down side risks are. To the extent that the market has a melt up, it puts more air between stock prices and earnings in other words, the valuation multiple has been on fire. We had a p. E. Led meltup from 4. 9 on a forward p. E. Basis on march 23rd now were over 22
Reporter Santa Clara County and Alameda County had similar totals but the south bay with 280 new cases and 2 deaths. We are seeing significant challenges. We had an increase of the number of people coming up and testing positive and also had an increase of younger people getting sicker. Reporter Governor Newsom said hes extending the moratorium pass the deadline and chavez said santa clara will follow suit, which is good news for renters, except its being done because the covid situation is getting worse. Robert handia, nbc bay area news. As cases continue to grow, ite who test positive. The average right now over a twoweek period, 7. 4 . The governor said if that gets above 8 , its extremely alarming. If we look at several counties, several are above that. L. A. County, 7. 5 , San Bernardino county, 11. 5 . Compare that with the bay area. Our positive rates are lower. Santa clara at 4 now. San mateo and alameda both hovering around 5 . San francisco with the lowest on this map at 3 .
Record highs that has the nasdaq setting a record as well better than expected home sales in the u. S strong activity numbers out of europe as well uk, australia to name but a few. Were up, sarah, nearly 1 on the s p 500. Ahead on todays show, a big first on cnbc interview with howard marks fresh off his latest memo. He said the odds are not in investors favor and whether he sees any opportunities right now in the market plushgs connecticut has certainly seen an encouraging dropoff in coronavirus numbers of late. Well ask governor lamont about his advice for states like florida, arizona and texas that are seeing their cases swell and how hes trying to keep those cases out of his state lets focus in on the big stories were watching mike santoli tracking todays rally. Meg terrell has the highlights from Anthony Faucis congressional testimony and phil lebeau is covering another volatile session with the Airlines Start us off with the Broader Market on the three month anniversary of the ma