Board will not take any formal action but looking forward to peoples comments and questions. Any people on the line, moderator . You have seven questions remaining. Chair borden okay, our first speaker, please. Caller hello. My name is joel kamisher, a School Crossing guard and a member of the sfciu 10 to 1 bargaining committee. We have been trying to talk about not outsourcing people to protect the city workers and im hearing that discussion about the flaggers and the pedestrian monitors. I wonder if we could use our own workforce, the parking control people and the crossing guards instead of having the contractors hire private people. I realize that the flaggers might have their own union, so maybe thats a problem. But im hoping that we can do other things to reduce the need of contract people to prevent layoffs . Thank you. Chair borden thank you, next speaker, please. You have six questions remaining. Caller hello, members of the board, my name is Hector Jimenez and im with the loc
Comfortably. Hawkish headlines on china and weak Economic Data both weighing on market sentiment. The dow is down 300 points yearly it was down 350 about 20 minutes ago. We have 59 minutes left in the session. Big show coming up four. A true 2020 winner, et ceteray stock is up 250 this year we will talk to the ceo Josh Silverman about the holiday crunch and whether his companys momentum can continue. And arthur blank, cofounder of home tee poe, owns the Atlanta Falcons and atlanta mls team as well lets focus first on the stories we are watching today. Mike santoli is tracking the Market Action into the close meg tirrell has a vaccine update and phil lebeau has an update on nikola, that stock down020 today. Mike santoli first to you and the markets. A mild shake of the tree. Indexes backing off. Some of the stuff that was up the most this month is down the most today seems like a little bit of trimming there are probably unbalanced portfolios there you have we are roughly capped we were
Then 2016 so in july 2018 he joined us for a briefing of politics impressed with the president he is here with us today to the virtual discussion of his brandnew book which examines the battle conservatives have against the media and hollywood, academia and big tech. Now invite you to join our Virtual Program coming from the Leadership Academy with sean spacer on sean spicer and our executive director. Sean it is great to have you with us here at the Reagan Library obviously shows on socially distanced. I had a lot of time reading it congratulations on a great read. Its a shame not to be back at such a Historic Place and when i did my first book to where it was so refreshing to come out there and have a discussion with you to answer questions so its a shame this cannot be in person. When the words of pants back up to it on your calendar. This is your second book new left the white house and when you wrote this book is just as i expected you took the opportunity to tell your story about
We will be joined to talk more about that. But first, lets talk about the market. Abigail doolittle is with us. On the back of a big speech by joe biden last night that has been largely wellreceived, even some republicans saying it was successful. Abigail indeed. Probably not too much influence in the markets today because earlier today on the open, really small moves. It was as the day got going that the gains continued, especially for the tech stocks on the day. A real head scratcher because we have a they were we do not have any positive macro data on economic front, and we also dont have any negative data relative to the macro either except for the further out uncertainty around the election and u. S. And china relations. Here we have the big tech stocks you were talking about once again climbing to the nasdaq 100 and faang index both at record highs. The faang index now up 115 since its march low. Apple is just incredible, up more than 5 today. Split does notck create value. Inter
Gatheringpeople doing essential work and need to work in close proximity, we need to have that happen. Lets not gather for things that could otherwise be delayed or be done on zoom or in other virtual ways. With regard to specific out breaks, i cant comment on drawing conclusions from the gathering at dolores park except to say thats behavior that were very concerned about it. Our message continue continues o not gather unless absolutely essential. Do not gather out side your immediate household. If you do, wear those face masks and use good hygiene and socially distance when possible. Look, when i walk or drive around the city, we know this is still not happening to the degree it needs to be. We need to hit that 80 mark. Lets go for 90 or one hundred. We need to crush this curve. Thank you. The next set of questions are from the associated press. How have the states problems with cal ready effected San Francisco effective reproductive rate. Its based on the number of hospitalizations.