Through the early days of pandemic is having a lasting effect and gaining traction. Sadly, the verdict will not bring back mr. Floyd or fill a deep wound in communities of color have endured for industries. Since mr. Floyds murder last year, more murders have taken place. I am hopeful last week verdict will have a Lasting Impact on the movement of justice. I believe it signal things to come as we continue to do the hard work and demand change. We must all do our part. The port is striving to become an Antiracist Organization to support this change in the ways we can. In my report today, i will provide an update on economic recovery and equity. San franciscos new covid cases and hospitalizations remain low Vaccination Efforts continue to reach more people and were seeing more and more san franciscans get a shot. 67 of san franciscans received their first dose of the vaccine. The city continues to making significant progress for vaccinating people who live and work in San Francisco. Allp
Committee room are closed the. Community members will attend the meeting as if they were present. Public comment will be available on each item of the agenda. Comments or opportunity to speak during Public Commentary are available via phone by dialling 415 6550001 the i. D. Number is 1878969131. Then press pound and pound again. When your item of interest comes up, dial starly to be added to the speaker line. Speak clearly and slowly and turn down your television or radio. Alternatively, you may submit Public Comment to victor. Young sf. Gov. Org. Supervisor peskin thank you, mr. Young. Can you please read the first item. Clerk yes. A new rule 2. 21. 1. Allowing for adoption and subject to approval by the full board. And a new rule 2. 21. 2 clarifying the process falsify direct appointments to subordinate bodies by District Supervisors that are not subject to approval by the full board. Supervisor peskin thank you, mr. Young. Colleagues in the 13 years i have been a member of the board
Confident of a breakthrough. Good morning, everyone, and welcome to bloomberg surveillance. I am Francine Lacqua here in london. Now, the markets are focusing on a possible no deal brexit, focused on stimulus in the u. S. We had a few snags with that. Working friday of 20 20, as next friday is christmas day. Remember, i think the december figures dont actually take into account the latest lockdown in germany. It gives us a good indication of what we see before this head us again. Eurodollar, 1. 22. Now lets get to the bloomberg first word news. Here is leighann gerrans. Hi, leighann. Leighann good morning, francine. Michel barnier says it is the moment of truth. The negotiator told the Parliament Large obstacles remain. This after Prime Minister Boris Johnson spoke with ursula von evening, on thursday saying negotiations were in a precarious situation. Understands a company was hacked as part of a russian cyber attack. Hackers with ties to the russian government are believed to be behi
Period, the nasdaq has more than doubled, up 115 in that time, carl, and it really tells you how important technology, and particularly those large caps, have become to this market and just how much they have surged this year as we see a Digital Transformation amid the pandemic. Thats a great point. And jon, were going to continue to look for names that are going to perform well, no matter what kind of reopening or reclosing environment were in amazon, one of the top leaders, but so is zoom on teleconferencing and in tuit on payments and those are the markets well be paying attention to. Tech investors have a lot to be thankful for this year in a tough year overall for the world. Lets talk more about the need em Portfolio Manager and chief investment strategist. Guys, good morning brian, where are we now with kind of rationalizing and strategizing around the tech trade, given how far so many of these trends have run . I think some of these trends existed before the pandemic and have be
8 up. A bit of a conundrum, it weaker than anticipated growth number when weve got Industrial Production and retail sales beating what was going on. Graphically, there you go. Retail sales, 3. 3 to the upside and that is what has been going on in aggregate. A mixed bag, a miss on the headline gdp but certainly a beat for Industrial Production and retail sales. Yeah, the topline picture is that China Remains the only major economy that is recovering at a pace like this but nonetheless, yeartodate, growth around 0. 7 . Year, beginning of the officials had hoped to get around 6 growth for 2020. Nonetheless, the fact retail sales came in well above the estimates will for economists who say we should see a broader economic recovery in china fueled by infrastructure. Straight cap to the pandemic, there would be focus on whether or not the consumer would step up and the numbers suggest that is happening. Ubss headore from of asia economics and achieve china economist. Always great to get your