Peskin. Ill just call you. Supervisor preston. Just one question regarding some shelters that are not 24 hours, so, for example, in my district the first friendship emergency family shelter where folks have to leave at 7 00 in the morning i know that theres other shelters that dont operate 24 hours. And im curious if theres been any effort underway under the circumstances to try to have shelters that are less than 24 hours to be a resource during the day as well . Yes. Thank you for that question. I couldnt have scripted this discussion any better. We are working on that and trying to get all shelters that are currently not open 24 hours, including first friendship, to stay open and to provide three meals a day. So thats in the process and i dont know the status of that, but thats our intention is that all shelters stay open 24 7 and theres only a few that do not and so it shouldnt be too big of a lift. Thank you. President yee okay, i think that is it. Thank you very much,. Thank you
Mandelman present. Mar present. Peskin present. Preston present. Ronen present. Safai present. Stefani present. Walton present. President yee present. All members are present. President yee thank you. Would you please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic, for which it stands, one nation, under god, indivisible, with liberty and justice for all. President yee so on behalf of the board, i would like to acknowledge the staff at sfgovtv who record each of the meetings and make the transcripts available to the public online. Thank you. Madame clerk, any communications . None to report, mr. President. President yee thank you. I do want to take this opportunity to share with the public that given the stayhome order issued yesterday by the mayor to reduce the spread of covid19, the board of supervisors will continue to meet and deliberate on essential action items during this time. Members of the public are ad
Division. At 114 per pound. Not much really you can say. Euro sox reversing. Euro stocks reversing stop euro stocks reversing. Won, ok as far as these are concerned. Korea, crash landing on you. It is amazing how the 10 year right now. Years. Level in 18 7 . T crude down 23 . About rakinglking below 60. Mark, help us put sense into what is happening. Things we were talking about is the process of exposure. N reducing the have been looking at some hard numbers and just in the last three days, bonds and equities are out. Open interest has fallen to the equivalent of 150 billion in the futures market only gives you a snapshot. Withve derivative market 150 billion multiplied several times. That gives you an idea of how much had been going on just in the last few days. That is partly why we are seeing this incredible movement. These movements will add to that picture as well so you can see the move towards cash is really ever. As a Silver Lining here . When i look at crazy price action, alm
And actually its serving your constituents to have more of a micro handle on what is sort of going on in our districts, but also to be able to funnel people direct people to their website or to their offices versus them getting like a million calls or 311 getting a ton of calls. So i wanted to say that on the ground we could do that type of helpful work when i know that the city is working on a very macro level. Supervisor walton. Is there a regional conversation about cal pal yes, also on our list, yes. Id say lastly to the staff and then weve got to run. One of the other ideas is, you know, obviously former retirees who are in the Health Care Work as well as volunteers who have Training Background and are formally working with nonprofits or not, but sort of a Health Background or a clinical background. And the third is a lot of our communitybased organizations are deemed nonessential per the order so reaching out to employees from those c. B. O. S who are still getting paid. Were goi
Plus an increase in News Coronavirus cases, declines are being led by tech. Microsoft, amazon and apple all sharply lower today. Thomas peterffy is the chairman of Interactive Brokers hes our closer today coming on the heeled of the tieup will he now sell his companies well ask hem later in the show. Clearly coronavirus, again still only down just over 1 the markets overreacting i think if you do the math, basically if you lieu that only represents about 1 of the earns of the company no indication that this is nothing but a shortterm problems lets get on the base stories. Seema mody Steve Liesman tells us what the fed is talking about. First, lets start with seema. That safe haven play is certainly evident in different parts of the market. One standout is shares of the post 5 a new record high, up 7. 6 certainly outperforming on a day. A pause in the u. S. china trade relations. According to our ceo deere did address the coronavirus, expecting freight costs in the Second Quarter relate