Good morning. So this meeting will now come to order. Today the subcommittee is holding a hearing entitled oversight of doe, during covid19 pandemic. Members will be participating in todays hearing finally in person or remotely via video conferences. And just as a reminder weve had some technical difficulties in making sure that our remote video was operating up to standard. As part of this hearing, the microphones of members participating remotely will be set on mute for the purpose of eliminating inadvertent background noise. Members participating remotely will need to unmute their microphones each time you wish to speak. For members and witnesses participating in person, i encourage you to wear your mask whenever you are not speaking. Dr. Monahan, our physician, stressed in attending physician covid19 guidelines that use of face coverings is meant to protect other people in case someone was unknowingly infected and does not have symptoms. But wearing our mask when we are not speakin
Emergency and to protect Commission Members to the employees and the public, the meeting rooms at city hall are closed. However, Commission Members and staff will be participating in todays meeting remotely. This pursuant to the various local, state and federal orders declaration and directives. Commissioner members will attend the meeting through Video Conference and participate in a meeting to the same extent if they were physically present. Viewing today and todays Commission Meeting may vary depending on the method used to connect to this remote meeting. Viewers watching, will see only the speaker on their screen while those viewing in web ex will see commissioners and other individuals participating in todays meeting. Public made will be on each item this agenda. You will have sf gov. Org are streaming the dialin number for Public Comment across the screen. You can call in 14084189388. Again, that number is 408 4189388. The access code for this meeting is 1469350205. The access is
This meeting will reflect that due to covid19, Health Emergency and to protect Commission Members to the employees and the public, the meeting rooms at city hall are closed. However, Commission Members and staff will be participating in todays meeting remotely. This pursuant to the various local, state and federal orders declaration and directives. Commissioner members will attend the meeting through Video Conference and participate in a meeting to the same extent if they were physically present. Viewing today and todays Commission Meeting may vary depending on the method used to connect to this remote meeting. Viewers watching, will see only the speaker on their screen while those viewing in web ex will see commissioners and other individuals participating in todays meeting. Public made will be on each item this agenda. You will have sf gov. Org are streaming the dialin number for Public Comment across the screen. You can call in 14084189388. Again, that number is 408 4189388. The acc
Quarter. The Second Quarter is probably going to be weak. In fact, in the view of many, output declining output lower in the Second Quarter than in the First Quarter. After that, its very hard to say how big the effects will be or how long they will last thats going to depend, of course, on how widely the virus spreads, which is something that is highly uncertain and i would say in fact unknowable jim, so its just you and me today. Lets start broad. Get your thoughts on the last 72 hours. What are you thinking right now . I think that the one thing i was very worried about in the 2007 and the 2009 issue, could i take out 50,000 from Jpmorgan Bank because i was concerned. And i took it out. I took money out of a lot of Different Bank accounts. This time im not. What was the purpose of last night . Theres a lot of things. The purpose of last night was to make sure you didnt take money out of the bank because you didnt trust the system. You dont have to bury it. That was important now the
In europe, also watching what has been happening there, you will also see just like yesterday europe is down across the board. The biggest declines coming from france and london. The cac off 1. 6 among the big market themes, momentum stocks outperform, some momentum factor er, etf up on pace for the best ever launch since 2016 we are going to have a technical analysts on. I was distracted i asked the analyst whether it works like this with the outliar. They insist, no matter what, they did bounce off the level. The ones they mention. It hit exactly and bounced off it we have bleakly here lets say this, we manage 6 billion of assets. We want that to go up. It is risk management. We need p emto worry. We have a lot of them around today. Including me burgon county, the first presumptive case of coronavirus. Energy is in a bare market off from its high in april industrials also in correction territory. Gold on pace for its best performance. Looking at prices this morning, youll see they ar