Brennan and jon fortt. Markets have been well off the highs. Dow was up 937, trying to hang on to about 400 points on the dow right now. Lets bring in mark mahaney of rbc, david lovevitz of jpmorgan. We knew 2700, 2750 would be a bit of a battleground and its turning out to be exactly that yes, exactly. One of the things thats occurred here over the past couple days really over the course of the past weekend is you finally saw consensus earnings system begin to come down and the narrative that had been in the Market Equities are looking cheap, the question we were always asking was cheap relative to what earnings . When you use the new estimates that are around 145 a share, you know what youre seeing is stocks are looking fairly valued not outright cheap and i think thats a big part of why were seeing things run into resistance at these levels mark, its a great opportunity, davids answer, to ask you how in the world analysts are coming up with any kind of estimates given the lack of gu
Chair m chair mar good morning. The meeting will come to order. Welcome to the thursday, march 5 meeting of the government audit and Oversight Committee. Im supervisor gordon mar, the chair of this committee, and im joined by supervisor matt haney, and supervisor aaron peskin will be joining us shortly, as well as supervisor sandra lee fewer. Thank you to this committees clerk, john carroll, and id like to thank sfgovtv. Mr. Clerk, do you have any announcements . Clerk yes. Please silence your cell phones and electronic devices. Completed speaker cards and copies of any documents should be provided to the clerk. Items acted on today will appear on the march 10 board of supervisors agenda. [agenda item read]. Chair mar supervisor fewer, thank you for joining us this morning as the sponsor of this hearing. The floor is yours. Supervisor fewer thank you, committee. I call this hearing today after discussions with ifpte local 21 because i am concerned about the use of Civil Service exclusi
Especially doing incredible work as well as my colleagues on the board of education. Proposed change items two of the agenda. And that is why essentially furtherer direct approval to allow supervisor to change as we practice social distancing other than household members. The board of education agenda will focus on information and presentations and boards [ indiscernible ] information pursuant to order 2520 executed by Governor Newsom on march 12, 2020, code section 549e7 has been extended according to the executive order with the commissioners of the board of education. Section d regular meeting of march 10th. So moved. Any corrections . [ roll call ] and modified, members of the public have provided individual prior to gather and present it and members of the public are permitted to address the public as in section c of Public Comment. Number of comments. Thank you. Thank you. As has been stated, commissione commissioners im a parent and thank you for your leadership during this chal
We do know we all have as [ indiscernible ]. Especially doing incredible work as well as my colleagues on the board of education. Proposed change items two of the agenda. And that is why essentially furtherer direct approval to allow supervisor to change as we practice social distancing other than household members. The board of education agenda will focus on information and presentations and boards [ indiscernible ] information pursuant to order 2520 executed by Governor Newsom on march 12, 2020, code section 549e7 has been extended according to the executive order with the commissioners of the board of education. Section d regular meeting of march 10th. So moved. Any corrections . [ roll call ] and modified, members of the public have provided individual prior to gather and present it and members of the public are permitted to address the public as in section c of Public Comment. Number of comments. Thank you. Thank you. As has been stated, commissione commissioners im a parent and t
The nation tries to slow the spread of coronavirus and give relief to all of those who have been affected. The Senate Passed a 2 trillion coronavirus economic stimulus bill. The largest Economic Relief bill in u. S. History. The bill was held up for much of the day after four republican senators demanded changes. The package provides relief for workers, businesses and corporations. Governor gavin newsom said one Million Dollars filed for Unemployment Insurance in less than two weeks. The surge in claims coincides with the shelterinplace order. The States Employment Development Department said it is working seven days a week to process claims and schools in six bay area counties will remain closed at least through may 1. The announcement affects a million students. Santa clara county reported 84 new cases today of coronavirus. That is the largest number reported in a single day. Now that testing is available. A san jose grandmother who worked at a Grocery Store is among the 17 people de