There are no active considerations right now to reduce the indiscernible 31 , excuse me. The point is that if you thought that equity returns were not so good tactically, you could sell the futures now and buy the long treasuries without going through the option business. You could rebalance the portfolio right now. You have the discretion to do that. Just like you had the discretion to go to 6 treasuries that you didnt do for whatever reason. Well, we look at it that we are defensively positioned right now. Okay. And you dont thank we need to become more defensive tactically in the near term . No, we dont. Okay. Because in your memo you have mentioned how in the markets went down a great deal in 2007, that everybody thought it was going to bottom out and it went down greatly again. So it can happen again. I think that you mentioned how in your career and probably amongst all of us here you have the longest investment career but theres other people who said no one investing today has e
May 15, 2020. The meeting will can the order. This the is the may 15, local meeting of the local agency formation. I am sandraly fewer joined by gordon marand cynthia pollock. I would like to thank sfgovtv for broadcasting this meeting. Madam clerk, do you have any announcements. Due to the Health Emergency and to protect commissioners, staff and public, city hall is closed. Members will participate in the meeting remotely. This precaution is taken pursuant to the stayathome order and local and state and federal orders, declarations and directives. You may participate in the meeting to the extent as if physically present. Public comment will be available on each item. On channel 26 and sfgovtv will stream the number on the screen. Each speaker will be allowed two minutes to speak. Communities or opportunities to speak are via by calling 408 4189388. Pound and pound again. When connected you will hear the discussions but you will be muted and in his senning mode only. Listening mode onl
S San Francisco has been doing a great job flattening the curve and sfds has been a big part of that. The stepsky foundation and Silver Giving Foundation at 225,000 and somaland foundation 476,000, linkedin, 146,000 and the Webb Family Foundation at 70, Golden State Warriors at 50 and walter and alysse haas fund and the Tipping Point community at 25, and the stepski foundation is 20 and i want to thank all corporate and giving foundations and individuals this is a Response Fund the ones their gave before throughout the year and this is the ones for the covid19 response. And toma bravo at 1. 1 and anonymous at 11,000, Golden State Warriors at 125 and the hellman foundation, 50,000 and palms against poverty is 28 and herbert and Gene Foundation at 25 and facebook is 20 and cohen elevators is 20 and the wells fargo 20 and google fiberton 10. Wellington management 10, the 697 and alaskas airline 5,000 and odell family and dennis wulliver kelly and these are all that have given towards are
Taken since yesterdays 3,000 point drop jim, you have never been a huge fan of futures, but you think they are especially irrelevant now. Right these are fraught. I got up three, the market looked great it was up like looked like we would make up half of what we lost yesterday i come back, were down. Lets stay focused on individual stocks individual stocks are all being brought down by the indices. The great opportunities, i want to use that word, come from the obliteration of the futures, mean while there are companies who are doing well theres companies doing quite poorly well go over both there will be opportunities today. Theres a lot of give up yeah. I want to get i have a lot of specific questions for you i know you have regeneron tonight. Signs of hope, whether its test kits from roche, therapeutics, you heard gottlieb a moment ago talking about it those three things, test, therapeutics, vaccines we are starting to see very early signs of progress. Absolutely. You look at tesla.
Ahead. Im jack otter. We begin what we think are the three most important things investors should be thinking about right now. Big tech acquisitions under scrutiny by the ftc about what it could mean for investors. Mortgage originations are the highest level since 2005 as housing finally back on track . And trouble at bed bath and beyond and under armour shows the turnarounds are hard to pull off. What to expect for other struggling retailers for on the barrons roundtable my colleagues al roots, carlton english, and jack howe. This story was a little underreported and i dont think anyone knows quite what to make of it federal trade commission made a pretty stunning demand to Tech Companies saying we want data going back ten years on all the purchases and acquisitions we did not look into. Thats nearly 500 deals for microsoft google and several others. And when is the right time for investors to panic because weve been talking for a long time about these guys having too much power there