To the us economy. Another sector expecting a boost aS Property, with Reports Majorfund managers in the uk are looking to buy the dip in us commercial property, anticipating a recovery. Ifjoining me now is Clayton Triick from Angel Oak Capital advisors. Are you surprised to hear Uk Investors are looking to jump into americas beleaguered commercial Property Market . We are not at commercial Property Market . Are not at all. We have seen recent reports and in the last 12 months it has been very good market be stepping into, us commercial properties. Its the kind dotted at the Monetary Policy has continued to be very tight and there has been a headwind for that sector. In the last 2a months that cut of 50 basiS Points could turn men into a tailwind looking forward so we are not surprised investors are looking to take advantage of that. You investors are looking to take advantage of that. Investors are looking to take advantage of that. You have got the Markets Advantage of that. You have
I dont know the definitive answer. I think n that yes, you are correct. We need to check that and get back to you. Right, my concern is, given everything we know in the short term, i would hate for San Mateo County to act because of that imperative. And then i guess the question is, is it possible, i guess you cant really pass we vote to pass both. That sounds bizarre. Not to say that you want to change your vote and but it there a way for the City Attorney to pass both measures . We prefer no government structure but if there were government structure positions, we support them. We couldnt do Something Like that. I understand this is very unorthodox. As of our meeting right now, and if they vote the Santa Clara County board of supervisors. That impasse is what will prevent the measure from appearing on the ballot. It wont be the action we take no matter what action we take. Because thats what you might call a preexisting condition. And as i said, i had any number of conversations with
That i was talking about before. I dont think that we can leave public bank to decide at this point. Thank you. Chair fewer thank you. Clerk that is the only caller. Chair fewer okay, Public Comment is now closed. Madam clerk, is there any more business today. Clerk no further business today. Chair fewer thank you very much everyone. We are adjourned. Disantsing. The second Corner Grocery store i went to, tables were set up. This means, you know, were in the middle of a pandemic, and i think my life is more important than having to pay a quarter for a paper bag. I think this should be suspended for Senior Citizens or suspended, period, until the mayor says that were going back to normal and. [beeping] thank you, caller. Are there any other callers in the cue operation . No more callers in the cue. All right. Thank you, operations. Thank you, charles. The next item is item 5, an update on the departments ongoing Racial Equity hish tive. The speaker is timmy [indiscernible]. This item is
Its not difficult to be crabby when you are basically living hand to mouth with government stimulus. I thought that encompassed the markets perfectly for a day like today. A lot of earnings coming out. Delta looking at a 50 cut in daily cash burn by the end of june. In terms of their First Quarter loss, they had about a . 51 loss , and revenue was down 18 year on year. As we expected, pretty brutal when it comes to delta. Baker hughes, oil services company, saying the outlook for oil and gas is certain. No kidding. The revenue down by about 4 year on year. 0. 11, acoming in at little bit light. Lets get you some of the headlines here. All of todays market moving news from new york, as will is washington. Brent crude getting sucked into the lowest level since 1999. Bloombergs part two thought to be role bloomberg spoke to thought he be role spoke to fatih birol. Some of the countries are cutting their production earlier than announced. Others joined them. If others do not follow the ste
Supervisor brown, do you have any comments . I am happy that we have finally worked together and Found Solutions because as, you know, we know when we are talking to everybody on the streets, our constituents this is a top priority. In my district, i used to have the most board and cares in the city. Now half of them have been lost in the last five or six years, which is actually scary. There is one that is up right now we are trying to buy so we can keep everyone there. These are so important we need to make sure that we have places people can go when they need that. I am happy now we are at this place. This is moving forward. It is going to be realty. Thank you. We are going to go to Public Comment now. I have speaker cards. I will read the names. If you can if your name is called please line up on the right side of the room and step up to the microphone. Vivian, jennifer, marcus, connie, jennifer and denise louise. Please state your first and last name. Good morning. My name is vivi