The dollar gaining some ground after paring losses after that meeting. Fx sellinging asia off, especially the renminbi after reaching may 2019 highs. There are signs perhaps the currency is being overbought. Expecting boj, boe, and Bank Indonesia today. Those currencies and focus. Watching the bond market as well put it did not get adjustments on qe from the fed. We saw the 10 and 30 yield spike coming off a little now but that did lead to earlier the yield curve steepening and coming off a little. We are watching brent crude as well as wti. Also saw off some of the highs we saw overnight. There is optimism for demand but that is also losing some of those gains right now. Tom lets get you up to speed with some of the first word News Headlines and other stories. President trump says a Coronavirus Vaccine could be just tribute it widely as early as october, contradicting statements by some of his top health officials. The head of the centers for Disease Control and prevention told a Sena
And then the counter intuitive ones that took us all by surprise the dow did 205 and nasdaq lost 1. 27 . Its important to go over the companies that shocked this year with the outperformance and those that continue to shock want obvious winners are, well, obvious. People are hanging out at facebook as theyre ordering from amazon, search on google. And it didnt take a chance to figure out that the shut down would force people to use the internet if i werent jimmy chill in real life, i would be jealous of the titans even though the ceos are about to be drawn in court on the house judiciary subcommittee im torn because the Big Tech Companies their platforms arguably have too much market power. No kidding they got it by being good at what they do thats captaitalism. Theyve done better job responding to the pandemic than the government but forget the obvious covid winners. I want to talk about the big surprise the things people are doing when you cant go to the movies or ball game or ship y
[gavel]. Good afternoon. Like to call to order the regular meeting of the San Francisco Public Utilities commission. Todays date is tuesday, february 25, 2020. Roll call, please. [roll call] clerk we have a quorum. Very good. Commissioners, you have before you are the minutes of february 11. Are there any additions or corrections . Ill move approval. Second. Is there any Public Comment on the minutes of february 11 . All those in favor . Opposed . The motion carries. At this time, id like to call for a general Public Comment. Clerk madam president , we need to hear oh, im sorry. Thats okay. Clerk its been a long day. Shake the sand out of your shoes. General Public Comment, item 4. Members of the public may address the commission on items that are within the commissions jurisdiction but not on the agenda. Beiokay. I have six speaker cards. Bill collins. Bill collins for pacifica. First, id like to thank the commissioners for serving and particularly you, president caen, for your years
[gavel]. Good afternoon. Like to call to order the regular meeting of the San Francisco Public Utilities commission. Todays date is tuesday, february 25, 2020. Roll call, please. [roll call] clerk we have a quorum. Very good. Commissioners, you have before you are the minutes of february 11. Are there any additions or corrections . Ill move approval. Second. Is there any Public Comment on the minutes of february 11 . All those in favor . Opposed . The motion carries. At this time, id like to call for a general Public Comment. Clerk madam president , we need to hear oh, im sorry. Thats okay. Clerk its been a long day. Shake the sand out of your shoes. General Public Comment, item 4. Members of the public may address the commission on items that are within the commissions jurisdiction but not on the agenda. Beiokay. I have six speaker cards. Bill collins. Bill collins for pacifica. First, id like to thank the commissioners for serving and particularly you, president caen, for your years
Coming up this morning, Theodore Johnson of the Brennan Center will join us to talk about the africanamerican vote in campaign 2020. Of the university of Virginia Center of politics will discuss the latest news in campaign 2020. Be sure to watch washington journal live at 7 00 eastern this morning. Join the discussion. Examinest, a hearing Congress Constitutional role as a coequal branch of government. We hear about the role of earmarks and transparency and how increased funding and staffing can lead to a more effective government. This is two hours, 15 minutes. The committee will come to order without objection. Articlering is titled one, capacity and equipping congress to better serve the american people. I now recognize myself for five minutes to give an opening statement. Im excited to be here today, gaveling in the first hearing of the new year. This committee has had a productive last year, passing 45 recommendations focus on making congress more effective and efficient so it can