Provide administrator to provide information about security protocols with chinese behemoth tencent. Meanwhile, bytedance and oracle have tentatively agreed to a deal has to be approved by the Chinese Government, and there is significant confusion about timelines. Lets check in without markets ended the day with senior markets correspondent scarlet fu , leading declines but outperforming all year. What has been happening . Scarlet there was a lot going on and to some extent, you can blame the federal reserve, j powell saying rate will stay at current levels, lower for longer, but investors were expecting a dovish surprise and were left hanging. When you look at equities, most of the damages from the large cap, big tech names, but it was a broad decline, eight out of 11 sectors in 20 active 24 sectors finishing lower. Outperformance today were value encyclical stocks. If you look at the past two weeks, it has been a clear theme. The two bestperforming groups were materials and industria
Anybody want to sever any items . Yes, please. Item number 49. Anybody else want to sever . Seeing none did somebody Say Something . Madam clerk, go ahead and take role call on the remainder of the items. Items 5055. role call . Mr. Mar, did your audio go out . If thats the case, we should pause. Madam clerk, supervisor mar looks like he dropped off of the rotter anroster. Well pause for a moment and take his vote. pause . Supervisor mar just arrived back in the meeting. Continue the role call. Now. Aye. Ok. Then you were muted, madam clerk, but without objection, then, items these resolutions are adopted and everything passes. Lets go to item 49. Item 49 is a resolution to support California State Senate bill 939 authored by senator scott weiner and david chu to protect businesses and nonprofit organizations for evictions and permits, Small Businesses or restaurants that decline during the shelterin place. Supervisor stephanie. Today i have to make a motion to table this resolution af
Mar present. Peskin present. Preston well return. Ronen present. Safai. Stefani present. Walton present. Yee present. Haney present. Safai okay. I received a message that supervisor preston is having trouble signing in. So we will make a note of that, mr. President. And the minute on which he arrives. President yee thank you, madame clerk. Please place your right hand over your heart. Recite the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic, for which it stands, one nation, under god, indivisible, with liberty and justice for all. Thank you very much. On behalf of the board, i would like to acknowledge the staff at sfgovtv. Who records each of the meetings and make the transcripts available to the public online. Madame clerk, are there any communications . Yes, mr. President. The minutes reflect that due to the covid19 pandemic, members of the board of supervisors will participate remotely through Video Conference to the same
This morning. Markets are pointing to higher opening this morning. Possibility of more stimulus of holiday shorten week, this after Third Quarter kicks off with mixed day yesterday, nasdaq with 12th record close of the year. 95 points at 4 00 oclock on wall street yesterday. Meanwhile more stimulus ahead. President trump telling fox business he supports additional money going directly into americans pockets, hes looking to add incentives to get people to back to work. Warning of market crash of former Vice President joe biden gets elected. The house takes action over hon hong kongs actions. All that coming up. Officials finally taking action in seattle meanwhile clearing out the autonomous zone after 3 weeks of occupation, then this, tesla driving to new heights, charging past competition, largest automaker by market value surpassing disney and cocacola. Mornings with maria is live right now. Maria Global Markets this morning look like this, we are looking at gains across the board, gr
Meeting. Madame clerk, would you please call the roll . Thank you, mr. President. Supervisor fewer present. Han haney . Well return. Mandelman present. Mar present. Peskin present. Preston well return. Ronen present. Safai. Stefani present. Walton present. Yee present. Haney present. Safai okay. I received a message that supervisor preston is having trouble signing in. So we will make a note of that, mr. President. And the minute on which he arrives. President yee thank you, madame clerk. Please place your right hand over your heart. Recite the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic, for which it stands, one nation, under god, indivisible, with liberty and justice for all. Thank you very much. On behalf of the board, i would like to acknowledge the staff at sfgovtv. Who records each of the meetings and make the transcripts available to the public online. Madame clerk, are there any communications . Yes, mr. President.