Dow futures are down by 40 s p futures down by 5. 5. If you want to take a look at the treasury market, the tenyear right now at this point, of course wti, i should point out, is down by 2 still trading above 24. The tenyear yielding 0. 7 0. 697 andrew well get an update on the pandemic the number of cases worldwide, crossing 4 million with 1. 3 million, thats in the United States the biggest hot spots in america are new york, new jersey, massachusetts and illinois all with more than 75,000 cases. Now, new yorks Governor Cuomo saying yesterday the number of new cases was back to the level from two months ago. Lots of good news there, when he first issued the shutdown order. Overnight, india, reported 4,200 new cases in the last 24 hours the largest single day increase in the country they are entering the final week of a nationwide lockdown a few cluster formed around nightclubs in south korea. They eased restrictions last week but on saturday, shut down all clubs, bars and discos in se
Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. The market always looks to future conditions. Theres a third reason. The Federal Reserve is likely to say today they will do whatever it takes to stabilize your money. Wall streets expecting more stimulus. The dow will be up close to 550 points at the opening bell, close to 2 . The s p up 2 . The nasdaq solid indeed, up over 2 . We had boeings numbers out this morning. Continuing problems, but its cutting 10 of its work force and investors like that. The stock is up nearly 6 . Okay. More on all th
Right now, ambassador lighthizer is on his way which is why it is so curious to see the story being put out by the chinese, the wall street journal, you cant reach him at this very moment but, yes and this is important because both Speaker Pelosi came on mad money, this is a done deal, once you finish the articles of impeachment and the president wants this deal, talk about david during the break, but it is the one thing people seem to agree on in washington this is a good deal. And yet the a lot of the people i follow who are you get a democrat in the white house and companies are allowed to move back south again it not that adventurous to do so because of the big increase in wages. Those of us who do business in mexico can tell you the differential is not just cash. But it is also healthcare, where they have universal healthcare and this is a story about pollution control. Where both sides are now saying both democrat and republican, there may be some enforcement, plus control rules.
Stefani present. Walton present. And president yee present. Haney present. Mr. President , you have a quorum. President yee thank you. Ladies and gentlemen, 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 on behalf of the board, i would like this acknowledge the staff of sfgovtv, michael and samuel, who record each of our meetings and make the transcripts available to the public online. Madame clerk, are there any communications . I have none to report, mr. President. President yee okay. Madame clerk and colleagues, before we proceed, lets go to this is our second time were going to do this. Our City Department highlights. Its a new monthly segment that we started a few months ago. Too often we just talk about the problems were facing. This is an opportunity for the board and the members of t
Permanent occupancy. So that is something we would appreciate further discussion on. It is something that we dont currently do, and it lives outside of our scope of work. Thank you. 819 lombard is actually a perfect example. Part of what sparked that project and part of the benefit was the additional of three adus. So while on the one hand were trying to incentavise the building of new somewhat affordable housing, we are ending up actually losing existing affordable housing. And so part of what i think the community and the supervisor is trying to do is to create some impediments, where bad actors are disincentive vised. Disincent vised. And a some point that tenant is going to be able to come back, there is a financial disincentive for them to keep that unit open as we have taken care of that family for six months or a year or year and a half. And, yes, it is a policy choice because the pie is getting a little bit smaller. There is no question about that. And that means that some folk