Is closed. However, commissioners and Department Staff will be participating in the meeting remotely. This precaution is taken pursuant of the statewide stay at home order and all proceeding and preceding orders, declarations and directives. Commissioners will attend the meeting during videoconference or by telephone if the meeting fails and participate into the meeting to the same extent as if they were physically present. Public comment will be available on each item. We are streaming the number at the top of the screen. Each speaker will be allowed three minutes to speak. Comments are opportunities or opportunities to speak are available by calling 4156550001 and entering access code 146047 0765. One connected, darla start three to be added to the cue. Best practices dial star three to be added to the cue. Speak slowly and clearly and turn down any other devices. Alternatively you may submit Public Comment by email to the Commission Affairs officer through email. If you submit Publi
8 up. A bit of a conundrum, it weaker than anticipated growth number when weve got Industrial Production and retail sales beating what was going on. Graphically, there you go. Retail sales, 3. 3 to the upside and that is what has been going on in aggregate. A mixed bag, a miss on the headline gdp but certainly a beat for Industrial Production and retail sales. Yeah, the topline picture is that China Remains the only major economy that is recovering at a pace like this but nonetheless, yeartodate, growth around 0. 7 . Year, beginning of the officials had hoped to get around 6 growth for 2020. Nonetheless, the fact retail sales came in well above the estimates will for economists who say we should see a broader economic recovery in china fueled by infrastructure. Straight cap to the pandemic, there would be focus on whether or not the consumer would step up and the numbers suggest that is happening. Ubss headore from of asia economics and achieve china economist. Always great to get your
And preceding orders, declarations and directives. Commissioners will attend the meeting during videoconference or by telephone if the meeting fails and participate into the meeting to the same extent as if they were physically present. Public comment will be available on each item. We are streaming the number at the top of the screen. Each speaker will be allowed three minutes to speak. Comments are opportunities or opportunities to speak are available by calling 4156550001 and entering access code 146047 0765. One connected, darla start three to be added to the cue. Best practices dial star three to be added to the cue. Speak slowly and clearly and turn down any other devices. Alternatively you may submit Public Comment by email to the Commission Affairs officer through email. If you submit Public Comment via email, it will be forwarded to the commissioners and will be included as part of the official file. I will now call the role. Everyone [roll call] we have a quorum. Great, next
This. I dont want to embarrass myself on making specific comments on the details because im not as informed as most of the folks here. But, you know, given the benefits, i think that this is a great conversation and i really appreciate your time and attention to it. Thank you. Chair fewer thank you. Clerk thank you for your comments. Next speaker, please. Caller good afternoon, supervisors. I am calling the members of the coalition. And im urging the supervisors to move forward with the b. L. A. Recommendations. And to establish a public bank. The b. L. A. Knows that san franciscans are in crisis. And the local institutions flood a public bank need a public bank that could be accountable to our community. And i ca can direct money to resources that are needed right now. Small businesses, people without jobs, and immigrants, and the health care. In a time of crisis we need action to address these local needs. A public bank is a good solution in that direction. In closing, i want to than
High end model with the biggest screen yet but shares are slipping after yesterdays big gains. Banks but are in the red a busy afternoon 59 minutes left of trade the dow down 157 or so. Lets get to the big stories. Josh lip ton has the latest from today as apple each. We have the latest on eli lily and we have the Broader Market action josh, apples shares are slipping today, but still higher so far for the week. Wilf, apple bulls will argue what you saw today is the start of a new iphone super cycle. We have to wait and see whether consumers though are just as excited. Tim cook introducing the companys first new 5genabled iphone, the iphone 12. It will be available in four versions, different sizes starting at 699 for the mini, which has a 5. 4 inch display to the max, which has a 6. 7 inch display and costs 1,09 9. The transition from 4g to 5g is complex. Some argue 5g coverage is spotty right now. Though it could act as a catalyst helping to bring the technology to the mainstream won