Closed down by about 2 . The losses were more severe by the hang seng. Down 2. 1 . The shanghai off by 0. 3 the nikkei down by 441 points. That will get your attention lets look at early trading in europe again, some declines there not as severe as we saw in asia, but the dax is off by 1 lesser losses for the cac and the ftse declines in italy and spain. Yesterday the tenyear yield was 2. 35 , this morning at 2. 34 . We are watching the price of bitcoin surging past 12,000 towards a new record high. The currency got a boost on friday when regulators announced it would allow the cme group and cboe to allow bitcoin future contracts. Theres a few economic reports on the wall street agenda the november adp employment report is out at 8 15 eastern followed by revised Third Quarter productivity and labor costs at 8 30. On the earnings front, brownforman, h r block, American Eagle outfitters are set to report before the opening bell broadcom and lululemon are out after the close. We mentioned
David elliott louis an activist for a number of tonight organization including the county participating and well have a network of another member here a couple of things im grateful that supervisor wiener withdrew his amendment the amendment and the one that supervisor jane kim and commissioner avalos put forth i totally support we have to not only for the inclusionary percent of housing but look at the percentage of ami at 55 percent of ami is good having inclusionary housing at 90 e. R. 80 percent ami is not good and thats not the inclusionary that 12 percent go onsite the 15 percent is a low new i know that supervisor jane kim has done better we can be more inclusionary and have more inclusionary housing with a lower ami cut off no more than 50 percent of ami that helps not only the middleincome but the middleincome poor people are left out of the ami inflation but people that are working class might have a chance we have a Housing Trust fund a quarter of a Million Dollars that is u
Communities have stopped using the word gentrification so some that con at that time safer and safer streets most people are okay with that idea the trouble those things happen but the People Living here will not get the benefit and the current trend to push them out into slum suburbs suburbs that turn into slums are a terrible place everything is so spread out doctors and scarce and spread out so people a couple years ago were moving to berkley and oakland now the entire bay area is becoming unaffordable and not just the poor disabled but like teachers nurses, food servers and people we depend on people who lose tare rent controlled homes are forced to leave in many cases the entire thank you. Thank you. Thank you. Next speaker, please. Good afternoon. My name is a dining martinez i work with the sfo under the delores communicated services fraudulent i find it fabulous that the proposed addendum was retransacted that was something really exciting a really big, big win for the San Fran
People living here will not get the benefit and the current trend to push them out into slum suburbs suburbs that turn into slums are a terrible place everything is so spread out doctors and scarce and spread out so people a couple years ago were moving to berkley and oakland now the entire bay area is becoming unaffordable and not just the poor disabled but like teachers nurses, food servers and people we depend on people who lose tare rent controlled homes are forced to leave in many cases the entire thank you. Thank you. Thank you. Next speaker, please. Good afternoon. My name is a dining martinez i work with the sfo under the delores communicated services fraudulent i find it fabulous that the proposed addendum was retransacted that was something really exciting a really big, big win for the San Francisco community so thank you for that. But while were all here we would like to emphasis the importance of not only Affordable Housing but keeping the protections in place for the curre
Commissioner bridges that sxementd think outside the box commissioner makras commissioner paskinjordan will not be here we have quorum. Lets take Public Comment before you go into closed session first of all, i wanted to say that you should say with the session you are going into executive session my name is steve with the united public for action i see a i could thinkcy that will not be beneficial to the city and county workers and residencies you kept secret our investments are this is unconscionable the city and completed have a right to know where their pension money is invested this is unacceptable and outrageous and i think also you have members of this board who are officers and female on much overtime commissioner stansbury commissioner driscoll who are City Employees and basically getting extra overtime on our pay and city taxpayers to do other things for example a rally to the San Francisco plea ploy, sir keep tour that comments general you cant direct your comments. Im sayin