Other participants. To enable the Public Participation sfgovtv is broadcasting and streaming this hearing live and we will receive Public Comment for each item on todays agenda. You can do so by calling the 800 number at 1 888 2733658. And enter access code, 3107452. Press pound, and pound again. When you are connected and your item comes up that you want to submit your public testimony, press 1 and then 0 to be added to the queue. Each speaker will be allowed up to three minutes. When you have 30 seconds remaining [broken audio] indicating that your time is up. When your allotted time is up, i will direct you that your time is up and go to the next person to speak. Call from a quiet location and speak clearly and slowly and mute the volume on your television or your computer. At this time, i would like to take roll. Commission president koppel. Here. [roll call] thank you, commissioners. First on your agenda is items proposed for continuous, item 1, 019015984cua. At 592 Second Avenue,
Commission meeting. As i have done in the past im going to read the following into the record. On february 25, 2020, the mayor declared a state of emergency related to covid19. Further moremore, theres laws apicable to boards and commissions to hold hearings remotely on. April 3, 2020, the Planning Commission received authorization from the Mayors Office to reconvene remotely through the end of the shelter in place. This is so that we are here. I am requesting everyones patience in advance, and the platforms at times are not perfect and may seem clums i. If you are not speaking mute your microphone and do not hit any controls that may affect other participants. To enable the Public Participation sfgovtv is broadcasting and streaming this hearing live and we will receive Public Comment for each item on todays agenda. You can do so by calling the 800 number at 1 888 2733658. And enter access code, 3107452. Press pound, and pound again. When you are connected and your item comes up that y
Treasury, the efforts to stimulate an economy in free fall jim, you got off a call or an interview it was a call as well with secretary mnuchin what stood out to you . That you shouldnt lay people off. I want to point out i got a correction, he said on Small Business payroll, two weeks, he meant two months two months means you do not lay people off without, i think im not saying its irresponsible but everything is being done to keep businesses open Small Businesses open. David, with the fed, i think theyve taken off to me anything involving credit the secretary talked about anything involving liquidity we cant produce demand. You keep people around for two months, but they wont be able to produce demand. There will still be a burden on Small Business not sure how that will be resolved thats an interesting point jim, we did we were watching the futures, which appeared to be limited down at different points in it the evening last night after japan opened as well then we got a fed announc
Saying the u. S. Is winning the trade war with china, but the u. S. Deficit is set to balloon. Toeing Warns Companies to the line if they want access to the mainland economy. Get you started with a quick check of how markets closed the window session. Stocks were higher. They pared back some earlier gains. The s p 500 ended. 8 higher with every sector on the s p 500 and the green. Retailers were also hired. Today, we saw the bloomberg retail index at a threeweek high as we saw some positive s and target, lowe not to mention we saw that rally after we saw home depots stronger second half. That theyes signaling were ready to ease but not really hinting that this july rate cut was the start of an easing cycle, so twoyear treasury yields rallied. Treasury yields unchanged at the moment, so lets see where we are starting out the asian session. Sophie we are setting up for potentially positive gains with more earnings on tap for the region as well. We have a new zealands report card to consi
Saying america is winning the trade with china but the u. S. Deficit is set to balloon to 1 trillion. Hong kong protesters mark one month since gang attacks on the subway. Wantswants beijing companies to toe the line. Shery lets get a quick check of the market close in the u. S. Stocks are higher but after paring back some of those earlier gains, every sector in the s p 500 was in the green. We had Consumer Discretionary and tech leading the way. Not to mention we had numbers out of retailers like lowes. We also had them from target. That helped with investor confidence. We had home depot showing signs that the second half would be strong. We had seen that rally. This is adding to the sentiment. At the same time, we have the fomc minutes. After that, the twoyear treasury yield rallying. And we have eight the yield curve and we have the yield curve inverting. S p active futures up. 2 . Lets see how we set up in asia. Sophie asian stocks brushing off the midweek fumble. Qantas and calls