Good morning, welcome to squawk alley. With me here at post 9, Kayla Tausche back again all three major averages hitting record highs the dow at one point within 150 points of 25,000 its backed away from that a bit, but were still keeping an eye on it. For more, philip swagle and jim paulson, chief investment strategist welcome to both of you jim, we keep hearing simultaneously that the market is rising on tax reform optimism and also that tax reform is priced in. Which is it . Well, its hard to argue that its priced in when it keeps going up every day thats for sure. I dont know what has not been vetted by the market as far as this tax policy is concerned the news has been out there for some time. People got a very good idea exactly what its going to be and already have adjusted their earnings estimates and so forth, so i sort of lean in the camp, too, that even though theyll probably pass it this week, most of that is included in the market here, but its hard to get in front of a one
Whether it could lead to the next blockbuster drug for amgen coming up. First, though, lets get to the latest fed speak and retail earnings with steve leaseman. Courtney reagan is monitoring that walmart earnings blowout. Steve, kick things off for us here. President bill dudley in a press conference earlier today following up on those sprys minutes yesterday suggesting a rate hike is possible and even likely in june or july if the economy cooperates as expected. Now, day after the minutes dudley said pretty much the same thing. He suggested that his base case is for a kind of for improvement that would warrant a hike. If im convinced that my forecast, my own forecast, is sort of untrack then i think a tightening in the summer, the june july time frame is a reasonable expectation so its a question of whether the economy is sort of cooperating and performing in line with my personal expectations. He did say the british referendum on brexit is something the fed is watching. Thats eight d
Orders of magnitude increase for people participating for relatively low cost and people participating who normally dont. I got a call on one of these and was able to do it during dinner and while doing homework. Last but not least in the short term and longer outreach we would engage in various strategy tooz reach out to communities of concern with multilingual and other and welcome input on how to do that. I guess that, if you want to add anything, otherwise that is all we have for today. I think that is it. Well take questions. Colleagues any questions for staff or comments on item 8 . Seeing none rsh move to Public Comment. Any Public Comment on item 8 . Please come forward, i see a few people. Good morning Peter Strauss boferd San Francisco transit rider jz part of the transportation Justice Coalition. We are herethis is a information item but here to strongly support this process of developing the transporitation expendsture plan. It is a continuation of the unmet needs identifie
[gavel] this meeting is called to order. This is the tuesday, june 7 meeting of the San Francisco Entertainment Commission by name is brian tan. A few housekeeping items did turn off your cell phones and keep them on vibrate. If youre here from the public and like to speak when i call for Public Comment we have other common speaker cards which can fill out they had to our staff. Come up when i do call that. Finally, thank you to sfgtv and Media Service for airing this meeting live to the public. Also, happy election day. I hope everyone is voting today. You have not yet, go do it. Lets start with a roll call. [call of the roll] lee, here. Treasures of, here. Jen thomas, here. Cohen minimum we have a quorum. Commissioner frost said he would be 1520 min. Late. And weve not heard from [inaudible]. All right. We have a quorum. The first item on our agenda is general Public Comments. This is for any business that pertains to the Entertainment Commission thats not currently on the agenda. A
Otherwise stated. Item 1, please. Item 1 is hearing to have the Police Department present its standard protocol for reviewing, investigating, and reporting findings of fault in the event of a cyclist or Pedestrian Fatality or serious injury as the result of a traffic collision. One seat, one applicant. Our applicant lury is here. If you can make a presentation, thank you. Thank you, supervisors, mar and tang. Im elnore and im first president of the commission on aging and i represent district two and i was appointed by angelina and by mark pharaoh. My background is in jarrentology. I have a phd and i emphasized my work, Community Based studies transitional care from hospital to home in Mental Health services for seniors and this part of my career where i did research and publish and presentations at the university of california of San Francisco. I started to work very early in four Community Based organizations outside the university. For example i worked as Program Evaluator for live