Shelter, education and healthcare. Please invest in these resources by keeping us all safe and invest in the community. Thank you. Next speaker please. Im born and raised in the city. Calling in on behalf of my community. Im calling on behalf of the lives lost by sfpd. One of the things that need to change about the Police Department, i will echo the same thoughts about reduce running the Police Budget. We need higher budget cuts. Next speaker please. I live in district 4. Im calling to ask defund and disband sfpd and the Sheriffs Department. We need to cut the Police Department by at least 50 . We need a budget that fires sheriffs deputies and cut overtime. You take that money to invest in the community, police dont keep us safe. That was made apparent again. We need to make drastic changes nationwide and San Francisco can lead the way. Communities are those with better acts with housing and healthcare and education. Invest in people and communities, not cops. Thank you. Next speaker
Renter of district 5 and member of the senior and disability actions housing collaborative. There is so much stuff from displacement and high rents before the pandemic. And now, illness and income loss and inability to pay rent due to the virus. Thousands of seniors, people with disabilities, other low income folks, and families of color are most vulnerable to the homes. I urge expanded support for the Legal Council programs and these are life lines to keep us in our homes. We rely greatly on the temporary rental assistance programs and also the permanent rent sub subsidiaries and we need them to be expanded especially now. So, less money for the police and more money for 100 affordable housing, no more market rates luxury housing and it contains just a trickle of affordable. Thank you. Thank you for your comments. Next speaker, please. Caller hi, my name is chris and im working at San Francisco general and im on San Francisco native as well as a member of s. Sciu2021. Im asking the bo
People saying we are going to get this rotation out of growth, into value. That rotation seems to be overdone. I wonder if you are still going to get people trying to push that narrative. Jonathan yields higher off the back of the ppi data yesterday. Friday. Y, retail lisa we are expecting a little bit of an increase, kind of like what we saw yesterday. It is going to be interesting to see whether weve got a further selloff in bonds. We will get another record sale of u. S. Treasuries on the long end, selling 10 year notes. Yesterday we saw that three year auction come in very strong. Interesting to see whether that happens again. Today we are going to be hearing from the Vice President afterate Kamala Harris joe biden selected her as his running mate. They will be speaking in delaware later today. Jonathan lets start with the fx market. Eurodollar starting to push just a little bit higher, up 0. 3 . In the equity market this morning, equity futures up by around 25 points, up around 0.
Last 400 days is we are finally on dollar support. We will talk about this through the show. On dxy, the blended dollar index , with strong euro contribution, we are really on the support of a signal to a weaker dollar. Jonathan it is the trait everyone would hope would develop it is the trade everyone was hoping would develop. We see that on the screen this morning. It is a tugofwar between pretty negative corporate guidance and the vaccine hopes that started yesterday evening. Lisa i would argue that the vaccine hopes are very much in the front of peoples mind this morning. The question of whether moderna can jack up production, as well as the Regulatory Approval they need to get this out and distributed. Meanwhile, more guidance from the big banks. Goldman reporting in about a half hours time. At 2 00 p. M. , the fed releases their july beige book. Some indication of how businesses are changing their expectations based on the resurgence in virus cases. Also today, opecplus meeting t
Please knew your microphone. Mute your microphone. [indiscernible] we have previously provided guidance as to how this would [indiscernible] [indiscernible] cspan. Org [indiscernible] [indiscernible] thank you. I want to welcome mr. Menendez and his wife. I appreciate you taking on this post. Tonk you for taking the time talk to me last week and take the best thank you for taking the time this morning. This is the first hearing the committee has held since march the 10th. Since then, millions of americans have filed for unemployment. Nearly one point 5 million have contracted covid19 and nearly 90,000 have perished from the disease. Is work in the u. S. Senate that much more critical and we respond as we respond to this pandemic and return to the economy. Second the highestranking office and the department of energy and the department has been playing a role in helping the nation fight coronavirus. The department of energy is a scientific powerhouse. Its National Laboratories are some