With me on the Video Conference is Catherine Stefani and rules Committee Member supervisor gordon mar. Our id like to thank sfgov tv for staffing this meeting. Mr. Clerk, do you have any announcements . Clerk yes. Due to the covid19 health emergencier and to protect Board Members, City Employees and the public, the board of the supervisor legislative chamber are closed. Members will participate in the meeting remotely. Public comment will be available on each item on this agenda on both channel 26 and sfgovtv. Org. Theyre streaming the number across the screen. Comments are opportunities to speak are available via phone by calling 415 6550001. Again thats 415 6550001. The meeting i. D. Is 146 344 9722. Press pound and up and down again. When connected, you will hear the meeting discussions and in listening mode only. Best practices are to call prosecute a quiet location, speak clearly and slowly. And turn down your television or radio. Il you may send comments at victor. Young sfjgov.
Bit of again have a cyclical or rotation reopening rotation happening with the financials, materials, real estate to the upside. On the bottom we have tack. Financials are not being helped today. Bonds selloff. Intel,ight down by putting up a disappointing, lackluster guidance. The first down week for stocks in four weeks. David as we have talked about although sponsor comeback a little bit they are still at or above their range. The dollar is still down a bit. Abigail you are right about that. With bonds it is interesting. If you put the dollar in there, it is climbing as rates go higher. That has not been happening. What makes the bond rate so interesting is it has pressured stocks. Last three over the months has been basically stuck in this range. This decline turns into something bigger, we could have the s p 500 go back towards the september low. My sense would be what you are talking about. The opposite happening for yield and pressuring stocks down. We saw that back in june. Tha
Sfgovtv has the calling number on the screen. Provide comments by phone calling 4156550001. Once connected into the meeting id is 146 6994959. When prompted press pound twice to be connected to the meeting. When connected you will hear the meeting discussions but your line will be in his senning need only. When your item comes up dial star three to be added to the speaker line. The speaker prompt will indicate you have raised your hand. When you are unmuted you may begin. Best practices call from quiet location and speak clearly and turndown television or radio or streaming device. Behind full of potential time delays that we may even counter between live coverage and streaming. You may submit Public Comments through email john carroll, the clerk of the government audit and oversight. John. Carroll at sfgovtv. Org. If you submit by email it will be included in the legislative file you are commenting on. Written comments may be sent by the u. S. Postal service to city hall. 1 doctor car
Really interesting to see the Vice President cast that vote before dawn. Well, certainly she leaves the u. S. Senate and she has to be back in that chair to break the tie. This isnt the first time youll see her breaking ties in an effort to try and pass the president s covid relief package. Look, this was a major moment on the senate floor, and they started this entire process yesterday at 2 30 in the afternoon. Then they had 15 hours of what is known up here as a voterama. Its a lot tougher because members are voting every 10 or 15 minutes on different amendments that folks are bringing to the floor. Its really an effort by the Minority Party to try to put the majority in tough spots by having to take very hard votes they can then later use on the campaign trail. And that works both ways. Both parties using this process to their advantage. But heres why it all matters. This unlocks joe bidens ability to pass a covid relief bill with just democratic votes. What youll see in the next co
Today, david. David this no argue about it. We were supposed to have the second president ial debate last night. Instead we got dueling town hall meetings. One moderated by abc news George Stephanopoulos and form Vice President joe biden. The other Savannah Guthrie and featuring donald trump. The contrasts were sharp including the economy and the president s response to the coronavirus. President trump i now it was a big threat. At the same time i dont want to go out and say everybodys going to die. We make up 4 of the worlds population. We have 20 of the worlds deaths. We are in a situation where we have 210plus thousand people dead. Whats he doing . Nothing. President trump we had the greatest economy in the history of our country last year. Including the state of florida where we are now and pennsylvania and North Carolina and every place. We had the greatest economy we ever had. We had to close it down. We saved two million lives. We are opening it up. We have a vshape and its comi