Outside today. It is so nice to bring you better news with our air quality. It is slowly Getting Better and this morning, check it out. Even parts of the north bay are starting off with moderate air quality. Yellow dot in santa rosa, and also for rio vista and looking at unhealthy air for sensitive groups. It is a little better for san rafael and San Francisco and napa and fairfield and concord. You are in the very unhealthy category. There are some improvements coming our way. We are still looking at that spare the air alert going a record 29 days in a row without a smoky skies however we will see a little bit of blue in spots this afternoon as there are parts of the bay area. To the next couple of days, or the next few days, we will start to see even better air quality for everyone. I will talk about that coming up in a few minutes. Lets check in uple that will this is around where they are wrapping up some overnight roadwork and some construction. It was supposed be cleared about ha
Welcome to the San Francisco Planning Commission remote hearing for september 24, 2020. February 25, the mayor de claurd a local state of emergency for covid19 and being youd emergency orders making it possible to hold hearings remotely. By april 3, 2020 the Planning Commission received authorization to reconvene remotely through the shelter in place. This is our 23rd remote hearing. It requires everyones attention and your patience. If you are not speaking, please mute your microphone and turn off your video camera. To enable public sf gov tv is streaming live. Public comment is available by calling 14156550001 entering access code 146 152 9199 when you are committed or want to submit Public Health Public Comment. When your allotted time has reached ill indicate and take the next person to speak. Best practice to call from a quiet location, speak clearly and slowly and mute the volume on our television or computer. Before i take roll, commissioners, im sad to announce the passing of o
The hearing was set before the bank agreed to pay 4 billion. The race for tiktoks assets aress the globe sees we told its been talking to geo platforms. We do have some breaking news crossing the bloomberg. Current account numbers coming through. We are getting the july current account surplus coming in at 7. 5 billion u. S. Dollars. The trade surplus sitting at 6. 9 7 billion in july and we are watching out for some other developments coming out south korea today. Highlevel officials of the Ruling Democratic Party and the government will be meeting to discuss a second cash handout and potentially a fourth extra budget according to local mode media reports and we are expecting perhaps an announcement when it comes to the social distancing measures as well as the coronavirus update to come. Lets take a look at the fed when it comes to the markets. It was a fallback overnight when it comes to u. S. Stocks and driven by a correction in the highflying tech sector. We saw u. S. Stocks falli
Realize that this lawns full of weeds and dead grass and bugs and a golf ball okay, this is what the market is really about not this, but this see how the averages rallied again today, the dow inches up 47 points, s p advancing 2. 3 . The nasdaq gaining 1. 06 but almost 3 5ths of the stock in the s p 500 are actually down for the year were in high territory because of the other 2 5ths up a lot heres the real economy. The truth is, the weeds are more representative than the healthy patch of lawn, and in many ways its getting worse, not better, as the weeds begin, i think, to infect the nice part but when you look at the whole s p, you cant see the weeds you see, theyre obscured by Tech Companies with big gains. Who wants to talk about the other 291 stocks that are down for the year when you can focus on the incredible runs in amazon, microsoft, apple, facebook, alphabet its a lot more fun talking about tesla, up 378 than talking about gm or ford down 27 and 21 . Tesla has about 50,000 e
Under valued it sounds crazy. We had a remarkable blitz up we just came after that brutal sell off all the buyers vanished. Now suddenly were back dow surging 328 points and s p jumping and nasdaq pulled 1. 87 . Why . Why did it happen . Why was so great today because today is merger monday monday used to be the day we always came in and merged and stopped. Guess what its back and bigger than ever so i bought out the merger both. Merger. Merger merger. Yes i havent used the merger both, i dont know, four or five years and its back. All right, all right, all right. Back and bigger than ever. We spent a lot of time trying to figure out what stocks are worth, right the price to earnings. Price to sales and book value. All that stuff we try to do. There is another way to value this business. You look at what another business might be willing to pay for that business and today we got a wave of huge mind numbing deals that suggest there are many real bargains in mna. Merger. Merger merger. L