Civility toward cities and the challenge that cities face. I future looks promising and i look forward to 2021. Regarding phase 2, i was joined by the chair, c. F. O. To provide an update to the california project of transportation, tony tavares and numerous staff from the cal tran team and the statewide division of rail and mass transit. We provided an overview on project history, outlined work completed since the projects reactivation in june, provided forecast of upcoming information and the funding plan. Further, to our advancing phase 2, on october 15, we provided a project update to the bay area delegation which included senator and board chair jerry hill, san mateo counties. Along with the senate and Assembly Transportation Committee Staff and offices. 20 legislative offices participated. We provided information about the project history, current status and activities as well as future plans to advance the project. The presentation was well received and we plan to continue our c
The dow did go down. The nasdaq went down 4 or 5 . I spent the better part of this year studying the pandemic i was right. You know what we just cover . The professionals are not the only covid that matters. We have a Massive Group of investors who become professionals. They dont care about the same thing as the experts theyre the ones who were the marginal buyers and sellers. The investors have changed the entire character of the market what made you not be able to sleep at night it was very little belief in stocks for the past 20 years, the convention says stocks could no longer be trusted. They continue to lose their values way too quickly when something goes wrong on top of that, the convention only a fool to try to pick individual stocks. You may as well stop trying to beat the mark and put some of your money in an index fund and invest safely in bonds the last eight months, that convention has been stood on its head by a new generation of investors after the rise of Commission Fr
Role. Thank you, deborah. Members of the public may observe this teleconferencing meeting at sfgovtv and they may offer Public Comment by calling the phone number. Id like to welcome the members of the public and the staff for watching us live on sfgovtv. I also want to wish please call the roll. Before i begin, i will note for the record that due to a scheduling conflict, director tavares is not expected to join us. Directors, please respond. E. Forbes here. Supervisor haney here. M. Hursh here. B. Lipkin present. J. Tumlin here. Vice chair gee here. Chair sesay present. We have quorum. The next item is item 3, communications. Wed like to provide further instructions for the Public Comment process. To provide Public Comment, callers should dial into the number, 18552826330, and enter access code 126 698 0794. Then pound and pound again. And then listen to the meeting as they wait for Public Comment to be announced. Members of the public have up to three minutes to provide comment on e
Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest Software Acquisition ever redhat driven by a hybrid cloud. Julia, investors are betting on further growth from already heady levels we can certainly see that in what is happening with snowflake this morning it is reapproaching the highs that so
Miss major, do you have any announcements . Clerk yes. In accordance with Governor Newsom executive order declaring a state of emergency starting the covid19 outbreak and mayor london n. Breeds proclamation declaring a local emergency issued on february 25, 2020, including the guidance for gatherings issued by the San Francisco department of Public Health center, members of t officer, aggressive directives were issued to reduce the spread of covid19. On march 17, 2020, the board of supervisors authorized their bhoord and Committee Meetings to convene remotely and will allow remote Public Comment via teleconference. Watch the sfgovtv website at www. Sfgovtv. Org to stream the live meeting or to watch meetings on demand. Members of the public are encouraged to participate remotely via detailed instructions on participating via teleconference. Members of the public may participate by phone or may submit their comments by email to ericamajor sfgov. Org. All comments received will be made a