Good morning and welcome to the San Francisco county Transportation Authority meeting for today, november 17th, 2020. Our clerk is ms. Britney milton. Ms. Millton, can you please make any announcements and then call the roll. Clerk yes. I will call the roll and then follow it up with my Public Comment announcement. Commissioner. Supervisor fewer . Supervisor fewer present. Clerk commissioner present. Absent. Commissioner mar . Mar absent. Commissioner peskin. Chair peskin present. Clerk commissioner preston. Supervisor preston present. Clerk commissioner ronen. Supervisor ronen present. Clerk commissioner safai. Supervisor safai present. Clerk commissioner stefani. Supervisor stefani present. Clerk commissioner walton . Supervisor walton present. Clerk commissioner yee. Supervisor yee present. Clerk im sorry . Ill now make an announcement oh, thank you. Commissioner haney present. I will now make an announcement about Public Comment. Public comment will be available for each item on th
Kind of takes the relief trade, if you will, out of the treasury market. Have a vaccine but have to deal with the rising case counts. Its difficult for Bond Investors to show no caution to the wind. Think about what actually has the chance to survive. Jeff rosenberg is joining us right now. What a week it has been in the market, tested in several fronts. Lets talk about credit first. We have the fed and the treasury having a little bit of a spat over the emergency programs introduced this year. I have to say this market has responded quite well to it. What was your take . The the most important of support measures are not affected, these were not used very much. They were most effective on announcement date, not much uptake. The market is seeing through that, and its a little bit less of a significant Market Reaction because it is less of a significant issue, if those support measures were to fall away. Pointsn as my colleague out, hasnt harmed the appetite for debt. We have been tryin
Never too early. 4 30. It is a little bit early. Well check in with mike in just a little bit. Lets get a look at the forecast from kari. Good morning. Good morning. I have a few things im watching as we get started on this tuesday. We are going to have some slightly warmer weather for the inland valleys today, and were also going to still have the high wind gusts in the north bay especially in the upper elevations giving us a high fire danger for the east bay hills as well as the santa cruz mountains. We are going to see some hot temperatures for this afternoon keeping in mind we should be in the mid70s. Were looking at some upper 80s today with livermore and concord reaching 89. 85 in santa rosa and San Francisco will reach 70 degrees. Well talk more about that fire danger and whats ahead in the forecast. Mike, how is it looking early this morning for the commute . Its looking early, i guess. What that usually means is pretty much green all over the bay. Let me zoom into the one spot
Over by 250 points and this morning you are seeing green arrows for the s p 500 and nasdaq, nasdaq right now up by about 122 points in the future market and that is pretty impressive you are now talking about four days in a row that you have seen gains for the major averages all are within 5 of their 52 week highs and in fact the transports set a new alltime high yesterday too. Right now the dow futures are indicated a little down by about 61 points. Were watching a lot of things that have been happening including news with Johnson Johnson, and earnings are coming out too. And if you want to take a look at the treasury market, right now you will see that the ten year seems to be sitting just around 0. 759 . So not far from where it has been yep, earnings are supposed to take the baton from stimulus hopes, which i dont know whether those are fleeting or not. But supposedly the earnings might be pretty good yesterday kind of weird all the stay at home new age tech stuff was strong as i t
Antigovernment protests. Well as im marking the 75th anniversary of the United Nations it comes as the coronavirus pandemic poses immense challenges secretarygeneral antonio who terrorists today called for more International Cooperation and multilateralism to curb covered 19 and face environmental challenges because of the pandemic the event is taking place online as many latest delivering speeches by video. Huge wildfire northeast of los angeles threatening hons for the fishes like comma winds could help firefighters get it under control the bucket 5 covers 427 kilometers thousands of residents been told to evacuate the blaze has been burning for more than super. This is datable the news from perth then you can follow us on twitter and instagram at news or visit our website the w dot com. There has never been a 3rd world war a fact which speaks to the success of the United Nations as it turns 75 this year with age that stability is showing signs of fragility multilateralism working to