Yesterday, were up the inflation rate as well. They saw exports came in at 13. 3 contraction. The headline number, 16 point 60 contraction. 16 contraction. Tom the question is whether on the fiscal side they will need to do more. The markets. N with a mixed picture in terms of sentiment from investors. You have got some significant southgs in japan and korea. The asiapacific almost back to the prepandemic levels. 169 is what you are looking at. Over on the mainland we have got red on the screen. The shanghai composite is down. Mike pompeo talking about attempts to really divide the internet and the tech space between the u. S. And china. The foreign minister saying he wants to avoid a cold war with the u. S. Got earnings now, looking at those shortly. Seeing gains of. 3 . Looking ahead to jobless claims. The private numbers were a big mess. Jobless numbers later in the u. S. And then the perils friday. Atcan move it on and look the individual stocks. It is earnings season. We have had
For eligible expenditures at any time with a twothirds majority. Again, these would be the tax measures, should the voters pass the measure, in november. And up to the first 40 million collected of the tax shall be offset shall be used to offset the member operating contributions provided by samtrans, uni and replace the covid related costs if relief funds are made available before the effective date, january 1 of the if a governance solution is found, the special escrow account would be closed and funds would be transferred to the joint powers board regular use the regular account and administration. If no government solution is found by september 30th, the first date that is mentioned in the special provisions of 2021, then another 40 million would be made available. Again, for operations. And to ensure that there would be no disruption to service for riders. E, if no governance solution is found, all parties would then commit to working with the state delegates from all three counti
We begin with the call from Goldman Sachs to avoid apple, to sell it. John, to you first it is your biggest position. Is this the right call from Goldman Sachs reiterated to get out of apple all right were not hearing jon. Well work on that the steve, youve trimmed a bit of it what do you make of this call. We see apples recent Stock Performance and trading level as unsustainable and will continue to recommend that investors avoid this stock i did trim some a number of months ago its still my biggest position i trimmed it to me, apple is the market right here the stock does not deserve to be where it is but neither does the market and neither do a lot of stocks. I believe youre in front of the companys biggest Product Launch ever, which will be the 5g phone. The market is forgiving lot of the sins if youre looking at purely does it deserve to be here in a microscope looking at apple . No you can make that case on anything im not selling anything let me take that back. I may trim a litt
Clerk okay, mr. President , you do have a quorum. President yee okay. Thank you, please place your right hand over your heart. Will you please join me in reciting the pledge of allegiance. [pledge of allegiance] president yee welcome, supervisor safai. Lets see. Where are we . On behalf of the board, i would like to acknowledge the staff at sfgtv who record all of the meetings and make the transcripts available to the public online. Madam clerk, are there any communications . Clerk yes, mr. President. President yee go ahead. Clerk yes. The record will reflect that during covid19, members of the board of supervisors participate in the same extent as if they were in the chambers. The board of supervisors believe that all communities with or without the internet have the following available options to participate in this meeting. We will receive your correspondence and make it part of the legislative file. Address the mail to the San Francisco board of supervisors, city hall, room 244, Sa
Managing entity. And the c. E. O. And the c. F. O. Of caltrain under this agreement must be the same individual as the c. E. O. And the c. F. O. Of samtrans. And samtrans has financial rights and interests stemming from its ownership and management of certain caltrain operating and nonoperating assets, referring to things like parking lot and resource and land parcels along the rightofway. Next slide, please, michelle. So thats the background. And so turning now to the San Francisco and Santa Clara County proposals for the governance provisions as written in todays resolution, there are i believe six provisions, a through f. And here are the first four. A, revenues will be held in a special account, an esco account, to be disbursed by the joint powers board only. For eligible expenditures at any time with a twothirds majority. Again, these would be the tax measures, should the voters pass the measure, in november. And up to the first 40 million collected of the tax shall be offset shal