Chair fewer this is the november 18, 2020 rescheduled budget and finance committee meeting. I am sandra lee fewer, chair of the budget and finance committee. I am joined by supervisors Shamann Walton and raphael mandelman. Madam clerk, do we have any announcements . Clerk yes. [agenda item read]. Chair fewer thank you very much. Madam clerk, can you please call item number one. Clerk yes. Item one, retroactive hearing on updates related to the economic landscape f [inaudible] on march 1, 2021 through february 28, 2022. Members of the public who wish to provide Public Comment should call 4154550001, enter meeting i. D. 1467347302. Press pound, and pound again, and press star, three to enter the queue. Chair fewer thank you very much. We have the department of Public Health. Colleagues, you may remember, we heard this item and continued it to today to get some more demographic information on our hiv and aids. These are the areas that we understood you were interested in hearing more abou
Establish a specific end date of april 5, 2021, for a total Agreement Term of april 6, 2020 through april 5, 2021. Chair fewer this is continued from last week, and we are just now pending a brief update from the Controllers Office on the r. F. P. So i believe we have is it joyce or is it drew morell or is it joyce hamasuki . Its drew. Chair fewer okay. Yeah, thank you for hearing this item, supervisors, and really, i can just speak to introduce joyce. I have the director for d. P. H. Here, as well as the contract director for the Controllers Office, and joyce can give us an update on where things stand for the Controllers Offices on d. P. H. , but what we have before you is separate and distinct from the r. F. P. But that being said, the longer term plan for these services is related to the r. F. P. That joyce will give an introduction to. Chair fewer okay. Joyce . Good morning, im joyce hamasuki for the Controllers Office . The deadline for r. P. F. Proposals was september 29 . We co
Unemployment. Well talk with Eugene Scalia coming up. President trump is set to land at Kennedy Space center this very hour, to watch the historic spacex to become the first commercial company to send astronauts in orbit. We will have discussion with space should telecom mander. Chao. More and on making money. Charles the dow is leading the way all session long as reopening optimism is reflected in this what we call the market rotation, cyclical stocks are doing better as main street gains in the economy. Rotation is also the theme of the week. We saw some bonds into stocks be. Defensive stocks into cyclical stocks that just mentioned. Growth into value, about the big question is can overall value continue to rally as tech stocks head in the opposite direction . I want to bring in kaltbaum Capital Management president , fox business contributor gary kaltbaum. You love to tech stocks. Made a ton of money particularly in chips. Looks like theyre toppy at the moment. Are you moving out of
Plus the billionaire tilman closing more than 70 restaurants that had just reopened because of the unrest in various urban areas. He will join us later and well tau talk to a ceo who just pulled the plug on a big money deal with facebook. This has Mark Zuckerberg starts an all hands meeting with his employees. Power lunch begins right now thanks. The s p 500 is on track for its third day in a row of gains despite everything going on in the country and the nasdaq is sitting 3 from record highs lets get to bob for more on those markets. Bob. For once, nasdaq is not necessarily the market leader. What were seeing today is energy, industrial stocks leading. Bank stocks leading. Its the reopening story and broadening story this is remarkable its been going on for three weeks. S p keeps going up but the leadership has been altered in the last few weeks in favor of those reopening names. I want to show you the megacaps because we start with them they have fwn driver of much of the rally in ab
Struggles, spooked by the rumbling trade war. Sherry later, we will discuss. Uawei with jun zhang lets get a quick check on market close in the u. S. It was a bit of a mixed picture with the dow outperforming, up. 10 . Earningsh its announcement on tuesday. The s p 500 and nasdaq falling from record highs. Other tech heavyweights weighing on the market, amazon, netflix, facebook dragging the benchmarks. Also the 10 year yield falling for a second consecutive session ahead of the fomc meeting. Focused on the resumption of trade talks between the u. S. And china. In the meantime we have futures unchanged in early trade. Lets see how asia is shaping up, paul. Paul new zealand has begun ,rading on this Tuesday Morning , mixed picture for futures futures traded out of chicago for the nikkei currently looking kind of flat. A different story for so, up. 25 . A big day in terms of news out of japan, a big earnings week with jobs figures expected to hold steady. The big one, the bank of japan m