Migration and the environment . Billionaires are stunned by the a da vinci painting for a whopping 450 million after commission. Is this market exuberance . Matt why just billionaires . I feel like the whole world is stunned when someone pays 450 million for a piece of canvas was some paint on it. You cant even drive it. A half hour away from the open of european stock trading. Lets look at the futures. 6 . Stock futures are up this is after asian stocks rose overnight. It came back with bank stocks leading the way. Then asian stocks were on a tear. The nikkei was up 1. 5 . It looks like a turnaround today. Take a look at treasuries. Should point to a risk off trade as well. This is a oneday trade of 10 year treasury yields. Asy are up substantially investors sell the debt and look to do something else. You talk about whats happening in the asian markets, lets bring you the chart. The nikkei is bouncing back. The yen coming down as a result. Lets look at this chart here. What youve had
This is one of the pyritic protections that took many people giving and taking as possible to come up with within puzzle there is one piece well be following this leveling the Playing Field for the balance in the neighborhood that people talked about is critical i think that some like chain stores and formula Retail Stores in neighborhoods that are food deserts for example a critical need for more types of stores especially food retail and we take into account for the other neighborhoods like north beach theres a strong sentiment of the unique character the Small Business owners and others who have testified today, i think it is clear that theyre not saying we dont want chain stores but a balance and the neighborhood voice in the process i think the suggestions from the plaintiff and the Planning Commission i think theyve made this a stronger pyritic legislation it strikes a balance for the need for economic drivers but also preserving what makes San Francisco so unique character of th
Comments first of all, supervisor mar thank you and our office to help to navigate that i was concerned wed have those two waring versions and end up having two versions at the board this is an issue that is resolveable and i think were motorcycling firmly in this direction i appreciate our willingness to work with the department and all the stakeholder on all sides of the issue to come up with a i wont think piece of legislation and want to acknowledging many power in my office that spent numerous amount of time over the last week to help to move it in a direction thank you you to him for that there are theres a board consensus with the voters in prop g we wanted to make sure we preserve the district and the quality and formula retail serves a role but really things on exist through formula retail we want to insure behave the right balance if youre neighborhood when you have too much of anything including 0 formula retail it can effect the uniqueness and character of the neighborhood
Want to work with you and thank you all for your hard work and want to get a copy of the legislation thank you. Thank you and the amendments will be available to anyone who would like to see them next speaker good afternoon. Im paul wormer im here on behalf of the Telegraph Hill thank you very much for all i have our efforts and working together on this whole project were excuse me. Were quite happy with the 11 still being the they recalled and we would like to participate and im sure all the Neighborhood Association want to participate in the updating and looking forward to drafting the legislation for the complexity that staff wasnt able to deal with ive offered and still happy to participate so as i say Telegraph Hill dwellers want to perimeter i too havent seen the legislation i tried to gatt get a copy today but. Couple of comments been the prospective legislation the approach of what ill call second story units as a means of defining something that is not formula retail i think c
Working on those well do our best to have those cleaned up on page 8 lines three to four an important amendment ill read into the record were striking the one phrase it strikes the words analysis of whether or not the proposed result in the there or drivers license decreased area so Pay Attention to that and another amendment deleting sections 303. 1 d in the last draft that was sent so its deleting the Economic Impact feud and rises 30. 1 e7 in the language and it renumbers the subsection of the 303391 e will become d and it continues and ms. Wong those are the main clean up language anything else from our City Attorney victor wong. Victor wong City Attorney. So those are the amendments and i know that commissioner lee has a couple. Before we get there my understanding is supervisor mar its our intent to make the amendments into items number 3 which was the Planning Department recommendation or the Planning Department version all make those as described and roman numeral the Planning