On monday to, i think, information they had 90 efficacy. That was the pfizer vaccine. Demonstrating the vaccination as possible against covid19. The dr. Also said, if vaccine emergency authorization is approved, 20 million doses could be available in the United States in december. There are well over 1 million cases of the coronavirus in california. According to Johns Hopkins with only state with more cases is texas. Over 18,000 people with the virus have died in our state. Californias 14 day test positivity average is up to 4 . The goal is to be under 5 . Santa clara county Officials Say they are seeing a sudden, rapid spike in covid19 cases and are announcing new restrictions, including the elimination of Indoor Dining. Its bad news for restaurants who have just recently returned to Indoor Dining. Reporter thats right. Restaurant owners say this will be tough. They are not sure if they can get enough patio customers in winter to survive. Now, in a news conference, Santa Clara County
Abramowitz, Jonathan Ferro off. Anna edwards joining us with the london perspective. The vix, 21. 59. The marketrn to overall. Yields coming in two basis points on the 30 year bond. Bond with a0 year negative yield had record interest. That is how odd that is not in the textbooks. , with a lot of things that are not in the textbooks now. The extent to which Central Banks are manipulating markets, keeping yields low, keep borrowing costs for everyone low. There is nothing normal about what we are seeing here. Incredible movement on the equity market yesterday in the United States, getting back to valentines day levels. This is the strangest recession, heard in that clip at the top of the session. The fundamentals of the economy look so daunting, but is the equity market just doing its job discounting way into the future . Tom we will have to see. It is very important to understand yields have come back. Over to a lower yield regime. Anna edwards, you have the morning brief. Anna yes i d
Available on each item on the agenda. Theyre streaming the number across the screen. Each speaker is allowed two minutes to speak. Public comment period, there will be a phone call by calling 415 6550001. Access code, press pound and, again, 1464585924 and press pound twice. You will hear the meeting discussion, but will be muted and only in listening mode. Only when your item of interest comes up, press star 3 to be added to the speaker line. Speak clearly, slowly and turn down your television or radio. Alternatively, you may submit Public Comment in either of the ways email to myself, the clerk. If you submit Public Comments via email, it will be forwarded to the supervisors and included as part of the official file. Items acted upon today are expected to be appear on the board of supervisors agenda july 21st unless otherwise stated. Supervisor fewer call item number one. Item 1, resolution amending the citys ten year Capital Expenditure plan for fiscal year 20202021 to amend the pro
Hospitals and even deaths. But theres only so much we can emotionally handle as human beings, so ktell us how were supposed to deal with all of that . Thank you, mayor. I appreciate this, and again, this is such a challenging time, i would say the risks the downsides to the shelter in place and the slow reopening are very real and very concerning from a health standpoint and an economic standpoint. I think the Counter Point is no one has said, were going to go ahead and open quickly. As you see across the country, the Mental Health consequences of opening and having a surge, many people are struggling in San Francisco, but if we have a surge like we saw in new york or unfortunately like we saw in houston and parts of florida, we would have all of those concerns that youre talking about on top of the overwhelming the Hospital Systems due to covid19 plus the covid19 pandemic and everything that were dealing with and managing today. Unfortunately, theres downsides to where we are today, b
Stocks as well. At 4 00 oclock on wall Street Markets were downwith the dow industrials taking another step down near the close so we were down sharply in the morning, leveled off in the afternoon, went back at it at the close, down 592 points on dow industrials at 4 00 oclock yesterday. Earning season rolls on. Big names include cocacola, lockheed martin, Philip Morris and travelers this morning. After the bell attention turning to streaming giant netflix. We will anticipate what the numbers will be. President trump saying he will sign executive order temporarily suspending immigration as part of the war against the coronavirus pandemic. Getting america back to work, georgias governor announcing businesses can reopen this week. Other states including South Carolina and tennessee also starting to ease restrictions. Meanwhile battle over additional coronavirus aid continues on capitol hill this morning. Businesses are waiting for the muchneeded funds to become available. Senate likely t