Taking the necessary action to really address some of the structural issues we listen i still think that. We meet with global news makers the stories that. The 2 men behind super could hardly have more different backgrounds their Partnership Might seem unlikely but it works and we understand each other. There are certain things which we have in common best makes us work together. To do something for the poor people. Who have not had so much. Hes also one version of much anyway unlike me. At the end of this hot april day shes leaving the exam. For the soup with the burden is now lifted. Later that evening. With. It out. He wants to know how they think theyve scored a mathematician. 60 percent. Of the limited time will kill you. We were doing. It on have. Our law. He did. So here where. He appeared to. Be aware. Of the law so far. Its time to new photo of the host and this is. For a couple of months until the exam results are announced. At last its results day and the news is good itself
3 yesterday so it is the year to date momentum names in technology and large cap growth that are taking things there cloud stocks, the Broad Software group, ecommerce, all those baskets are up 2 or so today, so you know, at a time when people are unsure about the fiscal package getting through and maybe what the pacing is of the domestic economy, kind of the old reliable move is whats working for now but as you say, the Broader Market is kind of on the softer side for the start. Julia, a bunch of Technology Names that have dipped their toe or maybe a couple of legs into media also higher this morning looking at amazon, up 1. 5 , alphabet up a little bit more than that. Netflix itself, which is all in on media, of course, up better than 1 . That trend continues and of course, we have to point at tesla, those shares up about 5 and just look at tesla, up 290 year to date, john, just really striking in the context of Everything Else today. Yeah. Needhams chris wrestler is going to join us
Out what the Federal Reserve is going to do to rev up the economy. Big speech coming from chairman powell. Odds are hes going to talk about inflation. He wants more of it. If thats correct, hell be printing a lot of money. Literally seven minutes from now make that nine or ten minutes from now, we will be allowed to give you the official word. And, by the way, thats what the markets waiting for. The dow jones average is coming off the dow is going to be down about 22 points, roughly that way. Lets see what happens when we get the feds announcement. The s p, thats coming off its 18th alltime high. Down a couple of points at the moment. The nasdaq is coming off its 38th alltime high. We did receive news of just over one million new jobless benefit claims last week, no noticeable impact on the market on that. That market, the investors, theyre really waiting for the fed. Five big tech stocks, theyre coming off record highs. Here they are this morning, premarket. Apple is up some more, but
Because there has been a long history of it but it is a different scenario now. We all want fair am a secure, timely elections, but we have three essential problems facing this upcoming president ial election. First, the Global Pandemic, which none of us have ever seen, throughrough, or voted before. Second, the emerging tactics of a white house that is moving to very broadly and very clearly suppress the vote and third, the impact of both the white house strategy and the Global Pandemic on marginalized groups. That included black, brown, native, or those with differing disabilities, etc. In the past, in different administrations when the question of suppression came up, it could be put squarely on how the state treated black folks. It lost drew lines, how ballots, and that sort of thing. How they had been targeted by state policy but it is more complicated now. Moment where the administrations tactic is bolder, broader, and in some levels, it is extremely transparent and that tactic i
Chair fewer good morning, everyone. The meeting will come to order. This is the august 24, 2020 meeting of the budget and Appropriations Committee. I am chair fewer sandra lee fewer. Our clerk is miss linda won, assisted today by several other staff from the Clerks Office. I would like to thank corwin cooley from sfgovtv for airing this meeting. Madam clerk, do you have any announcements . Clerk yes. Committee members will attend the meeting through Video Conference and participate in the meeting to the same extent as if they were physically present. Public comments 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 Public Comment are available during Public Comment by calling 4156550001 and entering meeting i. D. , 1463515423, then pound twice. You will be entered into the meeting but in listening mode only. When your item