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July 16, 2024
Goldhammer golddahmer, im sorry, i dont know what is with me today, from sfgovtv. Madam clerk, any announcements. Clerk silence all cellphones and documents should be submitted to the clerk. Chair fewer i wanted to everyone to know that we will need to recess this at 11 20 to 12 00 noon. So lets start. Madam clerk. Can you call item number 1. Clerk item one was to the call to order and recall call. Would you like me to call item two. Chair fewer yes. Clerk the approval of the lafco minutes from ...
July 16, 2024
Unemployment rate when we get the numbers on may 8. That compares to the high in the pointdepression, 1933, 24 9 . We could easily be above that. This week was the week that is the reference for the jobs report. It may not be worse than that, but when you are grasping at straws for good news, global pmi , the United States comes in better in europe with numbers that wouldve been a stabbing to anybody a month ago. Anybody. Ding to 36 for manufacturing, 27 for services. Those are so much higher th...
July 16, 2024
Yesterday down 86 points at 4 00 oclock on wall street. More help for Small Businesses and hospitals on the way. The senate did pass the 484 billiondollar coronavirus aid deal last night. House is expected to vote on this tomorrow. Meanwhile the white house is looking ahead to additional stimulus packages. We will talk about that. President trump to sign executive order today temporarily banning immigration to protect american jobs. The cdc meanwhile is out with a dire warning this morning sayin...
July 16, 2024
Clerk silence all cellphones and documents should be submitted to the clerk. Chair fewer i wanted to everyone to know that we will need to recess this at 11 20 to 12 00 noon. So lets start. Madam clerk. Can you call item number 1. Clerk item one was to the call to order and recall call. Would you like me to call item two. Chair fewer yes. Clerk the approval of the lafco minutes from the november 15, 2019 regular meets. Chair fewer any questions or colleagues . Seeing none, any Public Comment . S...
July 16, 2024
From the sfpuc two days ago which clearly shows that theres not an adequate planning process for integrated renewables in San Francisco. And a follow buildout plan like the one in sydney, australia. With respect, we have heard for the last 10 years or so from the sfpuc repeatedly, oh, the next report we put out is going to address your concerns. Weve been hearing that for 10 years. The sfpuc, for very good reasons again, i dont want to im not bashing on them, they have to behave as theyre behavi...
July 16, 2024
Said he will vote no on the new trade agreement. I just want to stress that this should not be attemp be a e for future agreements, not the way we approach trade in future. We should look to expand trade. David bringing in republican congressman jim banks in indiana, i assume you are in favor of the deal, you heard senator tumi what do you think . He does not say anything about merits of usmca which is really good for United States of america, our economy and our workers. I grew up in a home, a ...
July 16, 2024
Of yields, and the question for the market is this. Is the fed a shoe in in terms of the rate cut that we expect . By the way, does anyone care about a 1 trillion deficit in the u. S. . Yousef the winds of change are upon us. That is what the folks at Morgan Stanley say, their chief equity strategist put out the notes. The returns from u. S. Growth were surpassed by their expectations. Lets get to some of the other market action, and a bit of a rep from hong kong with sophie kamaruddin. Sophie a...
July 16, 2024
We just saw the chunz delegation depart the office of the u. S. Trade representative en masse every the hours of negotiations the president moments aigt saying it went well. He confirmed he will meet with the chinese top negotiator tomorrow he also answered a question about a possible investigation that he requested china do last week to look into the family of joe biden and possible corruption according to the president that he believes went on there he said its up to china to look into whateve...
July 16, 2024
Started arresting protestors ahead of the Third Straight weekend of protests in Hong Kong Shanghai composite finishing the day in red european european equities here we are higher across the board german dax is up by almost 1 and almost 1 gains in france as well as for treasury yields, amazing to think that the ten year yield was at a three year low earlier this weekend 1. 443 were now at 1. 526 with the two year 1. 544 so the inversion remains exact. A new journal piece says that states attorne...
July 16, 2024
Joe crowley will be here. A new bill is sparking concerns all anew about trade with china, whether well even see a deal anytime soon. Edward . Reporter the bill announced by senator rube rob in order to stop marco rubio stopping people from selling to companies on the entity list. That is a big, big issue for the china trade talks. Its a sticking point. The chinese would like to see huawei removed from the entity list all together. They wont budge in the trade talks unless that happens. Enormous...