Conversation in just a minute. Ill take you to the wall. We are focused today on this big pullback for tech. Nasdaq remains under pressure by more than 1 farmer jim, are we witnessing a socalled transition trade right before our eyes, from growth to value and does it have staying power . I think we are, scott i know its dangerous to say this type its different with regards to the rotation, but lets also realize this rotation was occurring before the announcement of the vaccine. All had you to do was look at the industrials and material to give you that clue now theres a very fundamental reason to support the continuing rotation into the cyclicals, into the industrials, even into the financials, which have been left fordead but are coming back it ju its just as simple as there is a path to normalcy ahead of us heres the one qualification i want to make if youre looking at yesterdays rally and saying, shucks, i missed, it relax unfortunately there is terrible news coming on the virus sco
I do want to talk about the resiliency of american corporations to adapt and adjust , whether it was Johnson Johnson a bit ago, the seven could jillian dollars the seven gajillion dollars at blackrock. Thenow the story, executable excellence we are seeing in the statistics. It is going to be fascinating. Jonathan it might be too early to say the gloom of pandemic is behind us, but it might be time that we talk about the provision build of these banks. The number comes in at 611 million. I think that is the positive out of this Earnings Report this morning. Talkednali basak really about that being a key statistic, and it is better than good. I go back 10 minutes ago, the idea that they suspended share buybacks, and yet theyve got enormous Free Cash Flow available for Dividend Growth and maybe some share repurchase. Granted, youve got the mystery of what commercial real estate is going to do. Jonathan i imagine their Capital Return Program will change drastically in about 12 months time.
Address to discredit covert 1000 lockdown policies and he thanked everyone who supported him while he was in hospital. And i went out to say hello to those people it took a leap forward but i do it again in the region you. Know behalf of myself or the 1st lady are just really incredible outpouring and were starting very very big with our rallies or with our everything because we cannot allow our country to become a socialist nation we cannot. Armenia and azerbaijan are accusing each other of seriously violating a ceasefire into this futile nagornokarabakh region both sides accuse the other of violating the pact just minutes after it came into effect on saturday morning as it by hand says its carried out air strikes against armenian tanks while our media has accused its neighbor of killing a civilian near its southeast border town of kapan. Kyrgyzstans parliament has named the new Prime Minister 5 days after the disputed election the appointment of said the it is a part of a scene by th
Department representative said, theres no data on whether it increases the proportion of the people showing up for court. Nor apparently the data about whether it prevents people from committing more crimes before their court date. My heartbreaks for the woman who spoke earlier, but the way to decrease the Domestic Violence is better education, more funding for shelters and Restorative Justice programs, not electronic monitoring. And i cannot believe that youre thinking about extending sentinels contract. If you knew that a plumber had three lawsuits against them, would you hire them . Come on, folks. Please, do the right thing here. Clerk thank you for your comments. Next speaker, please. Caller hi, good afternoon, supervisors. I am carolyn, and im the San Francisco policy director for the Public Defenders Office and i wanted to just thank you so much for delving into this critical and underrepresented issue. The Public Defenders Office had a front row seat to our local court system a
Participating in a meeting remotely. This precaution is taken pursuant to the local, state and federal orders and declarations and directives. The meeting is through video conversation and participate in the meeting as if physically present. Public comment is available on each item on this agenda. And sfgovtv. Org are streaming the number across the screen. Each speaker is allowed two minutes to speak. Comments are opportunities to speak during the Public Comment period and available by calling 1 415 6550001. Again, 1 415 6550001. Meeting i. D. , 1460595898. Again, 1460595898. Then press pound twice. When connected you will hear the meeting discussions but you will be in mute and in this mode only. When your item of interest comes up dial star, 3, to be added to the speaker line. And best practices are to call from a quiet location and speak slowly and clearly and turn down your television ore radio. You can submit Public Comment by emailing to the budget and finance committee clerk, a