Abramowitz, Jonathan Ferro off. Anna edwards joining us with the london perspective. The vix, 21. 59. The marketrn to overall. Yields coming in two basis points on the 30 year bond. Bond with a0 year negative yield had record interest. That is how odd that is not in the textbooks. , with a lot of things that are not in the textbooks now. The extent to which Central Banks are manipulating markets, keeping yields low, keep borrowing costs for everyone low. There is nothing normal about what we are seeing here. Incredible movement on the equity market yesterday in the United States, getting back to valentines day levels. This is the strangest recession, heard in that clip at the top of the session. The fundamentals of the economy look so daunting, but is the equity market just doing its job discounting way into the future . Tom we will have to see. It is very important to understand yields have come back. Over to a lower yield regime. Anna edwards, you have the morning brief. Anna yes i d
Can we have the next caller. Caller good evening, supervisors. Todd snyder for district 5. I thank you for amending this measure next week and supporting it thus far. I ask that you continue to support it today. And i want to point out that an arbitrary number of Sworn Police Officers provides no flexibility to adapt to the changing needs of our city. And this came from a Consent Decree entered into in 1979. And lifted in 1998. It has no relevance to the city today. So i urge you to continue to support this measure and to put it before the voters on the ballot in november. Thank you. Clerk thank you. Can we have the next caller, please. Caller i already spoke once and i have been unmuted. Clerk i believe this person has already spoken before per their comment. Can we have the next caller, please. Caller yes, im a native san franciscan, and im in my 60s. I want to express that changing the charter to minimal staffing is a deadly Public Policy decision on your part. No doubt that crimina
Are closed. However, members will be participating in the meeting remotely. This precaution is taking to the state wide stay at home order and all local, state and federal orders declaration and directives. Committee members will attend the meetings through Video Conference and participate in the meeting to the same extent as if they were physically present. Public comment will be available on each item on this agenda. Both channel 26 and they are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments are opportunities to speak during the Public Comment period are available via phone by calling the number 415 6550001. Again, that number is 415 6550001. The meeting i. D. Is 146 1464741769. 1464641769. Press pound and pound again. When connected, you will hear the meeting discussions but you will be muted and in listening mode only. When your item of interest comes up dial star 3 to be added to the speaker line. Best practices are to call from
Good afternoon, welcome to the land use and Transportation Committee for the San Francisco board of supervisors for today, july 13th, 2020. My name is aaron peskin, im the chair of the committee joined by vicechair and safai and member dean preston. Our clerk is ms. Erika major, ms. Major, do you have any announcements . Clerk yes. Due to the covid19 Health Emergency and to protect board members, City Employees and the public, the board of supervisors legislation and Committee Room are closed. However, members will be participating in the meeting remotely. This precaution is taking to the state wide stay at home order and all local, state and federal orders declaration and directives. Committee members will attend the meetings through Video Conference and participate in the meeting to the same extent as if they were physically present. Public comment will be available on each item on this agenda. Both channel 26 and they are streaming the number across the screen. Each speaker will be
Economy, particularly those in the lower classes, take a listen the bottom 50 has increased their net worth by 47 , okay . Second. The top 1 has increased their network by 13 . Middle income people have retirement accounts and 401 k and they have had a fabulous period, actually its been a fabulous three years. David so jackie how could democrats say the economy and market rally is working for the upper class when the lower class did pretty well too . They have to try to debunk the theory because thats what this president is going to run on in 2020. If you take what larry kudlow said and you take that as fact and i have no reason not to, it shows you that this economy is working for everybody. Look you cant have an economy thats increasing 47 for the bottom 50 and the rich arent getting a little bit of the benefit from that too, as a matter of fact we need them to because they recycle more of their money into the system and that tip uses to stimulate growth, but this is not just about t