Page 27 - High Frequency News Today

Lets get started. Good afternoon and welcome to the march 21st, 2020 special meeting of the board of supervisors. Madam clerk, will you please call the role. Thank you, mr. President. Supervisor fewer. Here. Supervisor fewer, did you say present . Yes, i said here. Fewer present and supervisor haney . Here. Supervisor mandleman. Present. Supervisor marr. Present. Supervisor peskin. Present. Supervisor preston. Present. Supervisor ronan. Present. And supervisor sayaye. Present. Supervisor stephan...

Costs as a result of the economic downturn. 600,000 of the tax collectors to administer individual loans for Small Businesses impactedded by sarscov2. Members of the public who wish to speak should be dialing to be added to the speakers list. You might recall we continued this item from last weeks meeting. Today we have with us supervisor ronen. Would you like to make some comments . We also heard the report last week, too. Supervisor ronen . I want to thank you for the question you posed last w...

Leveson, jack howe. Ben, we saw stunningly horrible economic numbers last week, really unbelievable, but the market actually was higher on the week. What is happening . Yeah. I mean, this data was just terrible. Retail sale, industrial production, empire state manufacturing, you name it, it was probably the worst ever on record. Unemployment, the jobless claims continued to rise another 5 Million People lost their jobs. I mean, its just bad. But we knew it was going to be bad, and theres also tw...

Welcome to the april 6, 2020 meeting of the rules committee. Im supervisor hillary ronen, chair of the committee. Im joined on this Video Conference with rules Committee Vice chair supervisor katherine stefani. Our clerk today is victor young and id like to thank sfgovtv for staffing this meeting. Do you have any announcements . Yes. Due to the covid19 healthy emergency and to protect board members, City Employees and the public, the board of supervisors litingive chamber and Committee Room are ...

The overall death toll the coronavirus nears 50,000 globally. [indiscernible] 100,000 military body bags for civilian use. U. S. Officials say china concealed the extent of its outbreak, but futures rise in europe and in the u. S. After the worst drop for the s p 500 in two weeks. And President Trump voices optimism that russia and saudi arabia will end their oil spat soon. Brent and wti each jumped 5 or more. You can see here a 20 jump over the past three days. We are just under an hour away fr...

Chairman heinicke all right. We have a quorum. Obviously, these are unique times, as we could say. Given the Public Health recommendations issued by the department of Public Health and Governor Newsom and mayor breed have lifted the attendance of Board Members by telephone, directors rubke and torres will be participating by phone at my request. Caroline and others in the room here to assist with our City Attorney deputy City Attorney, susan cleavelandknowles. We will say, at the end, get throug...

Americans . Markets this morning are pointing to a lower opening this morning. Take a look at average with Dow Jones Industrial average down 528 points. Nasdaq lower by 78. Dow up 1,151 points. S p yesterday up 154 on wall street. Plus the president speaking with chinas xi jinping overnight. The two countries are working together closely to fight against the pandemic. Next hour eli lilly ceo will be here on drug supply chain and how dependent some companies are still on china plus dr. Oz is here...

And were doing this for the first time using microsoft. Please excuse us if we have any technology issues. This process may be different than we normally do. If i may, i may move on to item 2, the approval of the march 3rd, 2020 minutes. Do we need to do a call to order and role call . Yes, thank you. So ill start with you, commissioner. role call . Well move on to item 2, the approval of the march 2 minutes. Reviewing the minutes of the previous meeting, does anybody have a motion to approve . ...

Managing risk right well that was a tool developed to manage risk but when that didnt work all the time 100 percent of the time bankers got their friends like jay powell lets look at this tweet from you are you ready for monday jay powell goes but. I get my spanish comes in handy there to know how to roll those are yes but once theyre Risk Management tools starting in 1987 when the portfolio insurance crash the markets the fed came into the rescue and as the fed puts well then weve seen since th...

And the estimated number of deaths we will get ism today. Adp is out several european banks are spending dividends jim, how much of this mornings action does reflect the grim picture that the white house set forth yesterday . Its difficult to imagine how, lets say, optimistic people were versus what the president said last night. I think many people in the stock market understood that the numbers were completely understated. You did leave the office saying, wow, that could be just terrible becau...