Look particularly at the nasdaq, its up 16 year to date but the wait is what you have to think about. Facebook, apple, amazon, microsoft google are up 13 year to date. So youre seeing overweight in terms of really big companies. Any meaningful downward movement along them is going to result in broader index. Im not optimistic particularly nasdaq because i think its overinflated liquidation there is it too glib to say if vaccine hopes are met with real positive data that technology suffers from a whithering stayathome narrative, or is that too simplistic . Yeah, its a little simplistic, mostly because of the factors that are contributing to the tech growth are multivariant you have this issue of the low Interest Rate environment which is drawing a lot of yield, but you also have the fact that people staying at home use Digital Services more. You look at the streams services and the semiconductor and tip companies which are underlines and inputs on the digitization thats happening thats
Coexecutive director of the Heritage Foundations coronavirus recovery commission. She is also the Vice President of just talk about the commission, while you put it together, who sits on it, and that we can talk about your recommendation. Good morning and thank you for having me. Unprecedented historic crisis that we are all facing a we were all couple of months ago at our president looked at debate as it was developing and became concerned there was a dichotomy between people who were arguing from a Health Perspective and others arguing from an economic perspective. At this point, it is hard to remember how separated people were in terms of Everybody Needs to stay home or go back to work. We felt it was important to look over the horizon and say, what is it going to take to talk about this situation holistically . She put the commission together, and it was a fantastic experience and a great group of people, 17 experts from across the country in all different areas and walks of life.
Welcome, caller. I work at sun tattoo in San Francisco, and im just adding my support for item 28. I would like tattoo businesses to reopen as soon as june 19, especially since all the other shops are open in california outside the bay area. Everybody touched on sterilization and a clean environment. Because of that, i everyone and i work with understand how to prevent cross contamination and provide a safe experience for everyone involved, certainly safer than businesses that are already open. Thanks krerk clerk great. Thank you f clerk great. Thank you for your comment. Next caller. Im calling on item 24, and i strongly support the resolution to support senator Nancy Skinners state bill. Im asking to join supervisors peskin, row anyonen, and fewer refuse the bill unless properly amended. The Public Participation in the planning process would be removed with Affordable Housing mon dated. Please vote in an expanded housing density law. Lets not let sacramento determine housing in San F
Washington today, we are holding this hearing virtually in compliance with the regulations for Remote Committee proceedings pursuant to House Resolution 965. Remote hearings certainly are not the same as sitting together in our Committee Room and you should know. The new authority has allowed us to continue to do our work a behalf of the American People, while keeping our staff, families and broader communities this is the First Official Virtual Committee hearing in the United States house of representatives. As we begin this historic proceeding, i want to underscore that i plan to continue this committees long tradition of collegia collegiality and substantive debate even as we conduct our business from afar. I will continue to work with Ranking Member and his staff to make sure that all Ranking Members are respected in the knew virtual format. Before we turn to todays important topic, i want to remind members of a few procedures to help us all navigate this new platform. First, consi
Charter amendment be continued. Supervisor yee ok. So the question is, should it be continued and id like to get a motion to continue this item. So moved. Moved by supervisor walton and seconded by mandelman. Go ahead and call the roll to continue this item. Clerk to continue item 16 to june 23th, supervisor mar aye. Peskin. Aye. Preston. Aye. Ronen. Aye. Safai. Aye. Supervisor stefani. Aye. Supervisor walton. Aye. Supervisor yee. Aye. Supervisor fewer. Aye. Supervisor haney. Aye. Supervisor mandelman. Aye. There are 11 ayes. Supervisor yee without objection it will continue to the meeting of tuesday, june 23th, 2020. Item 17 is a motion to appoint larry bush to the Ethics Commission term ending february 1th, 2023. Supervisor yee go ahead and call the roll. Clerk on item 17, supervisor mar aye. Supervisor peskin. Aye. Supervisor preston. Aye. Supervisor ronen. Aye. Supervisor safai. Aye. Supervisor stefani. Aye. Supervisor walton. Aye. Supervisor yee. Aye. Supervisor fewer. Aye. Superv