Will have to move . Joining us now is the National Security market strategist, art hogan. There it doesnt have legs, it is sustainable, what are we doing . We got business rotations out of growth and into value like we saw in june. It was not durable. We saw it in august. In this latest move, it is probably one we will see presiding over markets probably for the next three to four quarters. I say that because of Economic Sentiment has underperformed for the entirety of this year. If you are to backup the lens further and say how long is the s p outperforming the russell 2000, you would have to go back five to 10 years to see. So you have a lot of reversion to make up and at does not happen over the course of several days area i think the important thing to think about is, what the drivers are. The drivers are an assumption economic will increase activity in 2021 and Market Pricing will start getting that right early. I think that is where we see that, the beginning. Guy that is going t
Expressed interest and are considering participating and then we certainly have, you know, many managers who are engaging with Portfolio Companies around climate risk but perhaps not formally through that initiative. Okay. And then my other concern is, we talked about diversity and i like what youve done in terms of the work around that. Do we use that same [indiscernible] in terms of rps and other things, do we really apply the sfers criteria for the type of diversity were looking for across the board, including [indiscernible] and other sectors . I cant fully comment on that. I guess what i can say is, you know, there is proposition 209 in place in california i know. Thats why i i know. Up to a vote, thats in november. But we do not i want to make clear that we do not ask about diversity characteristics when we send out an rfp or enter a new relationship or a new contract with an external party. Were wanting to be not running afoul of distortion . The board is engaging, we do request
Ask the public to participate remotely by writing to the board or leaving a voicemail message. For all comments received in advance of the meeting we have received and we appreciate these comments. While Technology Allows us to hold these meetings via teleconference, it may not be as seamless as it would like to be. There will be gaps in some airtime, staff at times the staff transitions between the speakers and the callers. Know that we are doing the best that we possibly can and we ask for your understanding and patience as we are all learning this new way of working together. A reminder to the Board Members to mute themselves to minimize the background noise. Board members will have to remember to unmute themselves to comment. Again, were going to ask everyone to be patient as we make these adjustments. Madam secretary, roll call, please. Clerk [roll call] we do have a quorum. President bridges . Number two, communications. Due to the covid19 Health Emergency and t due to the covid1
distortion . Just for point of clarification, i didnt hear you call my name so i didnt respond aye. But to respond, yes, i support the motion. [indiscernible]. I will call the vote again on item 11. [roll call] i vote aye. Theres something wrong with this computer. You have five ayes. The motion passes. Thank you, madam secretary. Next item, please. Number 12, action item, update on strategies to address climate risk in the sfers portfolio Climate Action plan. [indiscernible] on this item as well as the previous five, theres a great amount of information [indiscernible]. The tenor of the item is on page 37 [indiscernible]. Bill, sorry to interrupt you but we can barely hear you. Can you hear me now . distortion . The centrepiece of this item is on page 37, table 10, Additional Companies to [indiscernible]. I did want to also draw attention to theres just a voluminous amount of information in the report and thanks to andrew for organizing it all. There is a significant decline as far as
And technology outperforming in todays trade. Theyre all up more than 1 hers at the moment weve got 59 minutes left to go in another wild session. Green across the screen once again. The company now pivoting to very different space. Well speak with the ceo about the strategy shift plus, former ceo getting in on the spac craze with a Blank Check Company. Lets get straight to the big stories were watching mike santoli tracking the market on this first day of the Fourth Quarter. Steve leezmiesman has a look ate Economic Data and we have the latest on the stimulus notions its been a little jumpy. A little fitful action it is shuttling up and down within that range. It seems as if the market is trying to shake out the people or the al go riridg al algoriths the year to date chart, we remain here. We keep pointing out its kind of this, you know, upper range above the year to date break even level it is about 1 , 1. 5 up from this level in the 3400s. People say maybe represent an upside break