Brennan and jon fortt. Markets have been well off the highs. Dow was up 937, trying to hang on to about 400 points on the dow right now. Lets bring in mark mahaney of rbc, david lovevitz of jpmorgan. We knew 2700, 2750 would be a bit of a battleground and its turning out to be exactly that yes, exactly. One of the things thats occurred here over the past couple days really over the course of the past weekend is you finally saw consensus earnings system begin to come down and the narrative that had been in the Market Equities are looking cheap, the question we were always asking was cheap relative to what earnings . When you use the new estimates that are around 145 a share, you know what youre seeing is stocks are looking fairly valued not outright cheap and i think thats a big part of why were seeing things run into resistance at these levels mark, its a great opportunity, davids answer, to ask you how in the world analysts are coming up with any kind of estimates given the lack of gu
Objection madame clark, do you have any announcements for us today . Make sure to silence all cell phones. [inaudible] can you please call item number one. Item one, 191033. Ordinance amending the administrative code to create an office of emerging technology within the department of public works; amending the public works code to require a permit to obstruct the public rightofway within public works jurisdiction; amending the administrative code to codify the public works Directors Authority to take official actions, as defined herein, including adopting regulations for the pilot operation of emerging Technology Devices; amending the public works code and police code to provide for administrative, civil, and criminal penalties for unlawful obstruction of the public rightofway, including operation of emerging Technology Devices without a required permit; and affirming the planning departments determination under the California Environmental quality act. We have with us today president
For making sure we are aware ofe to the regulations in our commi. Obviously we have to thank chird the full board of it our expert. We got a stronger outcome becau. I want to thank the interested d willing to lead this agency intd major changes to your lives to. I think the day we spent intervy moving and inspiring day to hea potential visions and to be reat want to have the agency achieve. So i think we are about to maken the sfmta in many critical ways. I thank everybody who participat your input. I think we are getting a strong. Ill turn it back to you. Wonderful. I will take that as a second to. Second is official. Very good. We did have one Public Commente. Rowland. You stand in between directo. Im warning you. Im honestly surprised that t here. Maybe its because its almost. I just wanted to say im in exts appointment. Im very excited. I see that mr. Tumlin is not he. Maybe hes at another meeting a. I have been very impressed withe 48 to his appointment as directe vote. Thank you
Good morning. This is wednesday, november 20, 2019 meeting of the budget finance committee. I am chair fewer. I would like to make a motion to excuse supervisor. Four from this meeting paid if i can take that without objection madame clark, do you have any announcements for us today . Make sure to silence all cell phones. [inaudible] can you please call item number one. Item one, 191033. Ordinance amending the administrative code to create an office of emerging technology within the department of public works; amending the public works code to require a permit to obstruct the public rightofway within public works jurisdiction; amending the administrative code to codify the public works Directors Authority to take official actions, as defined herein, including adopting regulations for the pilot operation of emerging Technology Devices; amending the public works code and police code to provide for administrative, civil, and criminal penalties for unlawful obstruction of the public righto
Good morning. This is wednesday, november 20, 2019 meeting of the budget finance committee. I am chair fewer. I would like to make a motion to excuse supervisor. Four from this meeting paid if i can take that without objection madame clark, do you have any announcements for us today . Make sure to silence all cell phones. [inaudible] can you please call item number one. Item one, 191033. Ordinance amending the administrative code to create an office of emerging technology within the department of public works; amending the public works code to require a permit to obstruct the public rightofway within public works jurisdiction; amending the administrative code to codify the public works Directors Authority to take official actions, as defined herein, including adopting regulations for the pilot operation of emerging Technology Devices; amending the public works code and police code to provide for administrative, civil, and criminal penalties for unlawful obstruction of the public righto