What we are get interesting the university of Michigan Sentiment survey. The headline number, way, way weaker than anticipated. That number coming in at 77. Thats down from 81. 8 last time around. When things are good well north of 100. The expectation was for 82. Current conditions, 85. 8. Thats actually ahead of expectations. But its the expectation number, the forwardlooking number here, that is really sharply lower. Coming through at 71. 3, alix, versus 79. 1 in terms of where the market, the economists had forecast that number. Down from 79. 2. A much more gloomy outlook for the u. S. Consumer from the u. S. Consumer. Alix no doubt. As covid cases are spiking everywhere here in the new york, it feels like we are headed for a School Shutdown as well. Get the read on what that means to the consirmse with ajay. Its always good to get your read. You have this more pessimistic expectation outlook from the consumer. Then you have rising covid cases and you have targeted regional shutdow
Regular meeting of the Public Safety services committee. Im rafael mandleman, the chair of this committee, and im joined by our vice chair and supervisor, our clerk is john carroll. As usual, id like to thank the folks at sfgov tv for staffing the meeting and i. T. In lending their support. Mr. Clerk, do you have any announcements . I do. Thank you very much, mr. Chair. In order to protect the public, board member and City Employees during the covid19 health emergency, the board of supervisors legislative chamber and committee will close v. This was pursuant to declarations and directives. Community members will participate in the meeting to the same extent as if they were physically presentment Public Comment will be available for each item on this agenda. There a Public Comment callin number across your screenful your opportunity to speak and speak during Public Comment speder available via phone by calling 4156550001. Once youre connected and prompted, enter the meeting i. D. Of 146
Physically presentment Public Comment will be available for each item on this agenda. There a Public Comment callin number across your screenful your opportunity to speak and speak during Public Comment speder available via phone by calling 4156550001. Once youre connected and prompted, enter the meeting i. D. Of 1469328582. Then press pound twice to be connected to the meeting. When connected, you will hear the meeting discussion, but will be muted and your line will be in a listening mode only. When your item of interest comes up, dial star followed by 3 to be added to the speaker line. A system prompt will indicate that tough raised your hand. Please wait until the system indicates that youve been unmuted and may begin your comments. Best practices are to call from a quiet location to speak slowly and clearly and turn down your television, radio or streaming device. Everyone should can the for speaking delays and discrepancies between the live coverage and the straoel,. Alternativel
Good morning, everybody. The maoe willing come to order. Welcome to the october 8, 2020 regular meeting of the Public Safety services committee. Im rafael mandleman, the chair of this committee, and im joined by our vice chair and supervisor, our clerk is john carroll. As usual, id like to thank the folks at sfgov tv for staffing the meeting and i. T. In lending their support. Mr. Clerk, do you have any announcements . I do. Thank you very much, mr. Chair. In order to protect the public, board member and City Employees during the covid19 health emergency, the board of supervisors legislative chamber and committee will close v. This was pursuant to declarations and directives. Community members will participate in the meeting to the same extent as if they were physically presentment Public Comment will be available for each item on this agenda. There a Public Comment callin number across your screenful your opportunity to speak and speak during Public Comment speder available via phone
The dollar gaining some ground after paring losses after that meeting. Fx sellinging asia off, especially the renminbi after reaching may 2019 highs. There are signs perhaps the currency is being overbought. Expecting boj, boe, and Bank Indonesia today. Those currencies and focus. Watching the bond market as well put it did not get adjustments on qe from the fed. We saw the 10 and 30 yield spike coming off a little now but that did lead to earlier the yield curve steepening and coming off a little. We are watching brent crude as well as wti. Also saw off some of the highs we saw overnight. There is optimism for demand but that is also losing some of those gains right now. Tom lets get you up to speed with some of the first word News Headlines and other stories. President trump says a Coronavirus Vaccine could be just tribute it widely as early as october, contradicting statements by some of his top health officials. The head of the centers for Disease Control and prevention told a Sena