Remodeling bigtime during the lockdown. Profits went straight up, sales straight up. Those tools, wallboard and paint, just ran off the shelves. These two companies are economic indicators. They are doing well. The economy apparently recovering nicely. As for the overall market, well, the dow, thats close to the 28,000 level this morning, up about 40 points at the opening bell. The s p, thats just a couple of points away from an alltime high. The nasdaq, already there. By the way, apple is only, what, 10 shy of a 2 trillion valuation. All right. Lets get to it. The Virtual Convention. If it wasnt clear before, it should be clear now. This is Bernie Sanders Democrat Party. He laid out a far left platform and its been adopted by joe biden and kamala harris. Socialists wrote the party platform. Im calling it the Biden Harris Sanders ticket. Its the most progressive t campaign of any Political Party in recent history. Tonight, alexandria ocasiocortez will be a featured speaker. We heard fr
And the markets say by gold. Global google searches for the phrase hit levels not seen in nine years as the yellow metal barrels passed 2000 an ounce. The cash trade is less than an hour away. Here are your headlines. The white house and democrats aim for a virus relief deal by the end of the week and bill gates tells bloomberg exclusively the u. S. Should help poorer nations get vaccines. Rocked by a massive explosion at its main port, killing dozens and injuring thousands. Authorities are yet to confirm what caused the blast. In fromcontinue to roll europes largest countries. Commerzbank anticipates a loss for the year. We will speak with a host of top executives in the coming hours, including from the frankfurtbased bank. We are just under an hour away from the start of cash equity trading in europe and out in the u. K. Lets take a look at what futures are indicating. Green arrows across the board. For ures up the most, 0. 4 . We get a slew of earnings out of German Companies this m
After the adp report, employment is still a bad number. From 43. 1, so42. 1 that feeds into the narrative that even if the economy opened up a little bit in july, we are going to see fewer people working, and we will probably see adjustments to peoples payroll forecasts for friday. Alix is that the one take away from today, the slower rate of job hiring . Michael that is the important thing. You can open up the economy and get a yield sitting in the middle of the street or a restaurant, but the people who serve you are not coming back as quickly as they would hope. That will slow the economy overall. Alix you mean in new york you literally have tables in the street. I appreciate that take them. One other sign of hope in the race for a vaccine you have shares surging to their highest in five years. I two shot experimental covid19 vaccine generated antibody responses in healthy adults that were four times higher than in people who have already recovered from the virus. I am joined by the
I am joined by committee members. Also joining us today is president yee. Our clerk is miss linda wong. Madam clerk, any announcements today . Yes, madam chair. Due to the covid19 Health Emergency and to protect board members, City Employee exposes e board, th members will be participating remotely. This is pursuant to state and local orders. Committee members will attend through Video Conference and participate as if they are physically president. Present. Sfg tv. Org is streaming across the tv. Opportunitpair call 415 65500. Again 145 2541827 and then press pound twice. When connected, you will hear the meeting discussions and you will be muted and in listening mode only. When your item comes up, dial star 3 to be added to the speaker line. Best practises is to call from a quiet location, speak clearly and slowly and turn down your television or radio. You may submit Public Comment to the budget and finance clerk at linda. Wong sof. Org. It will be forwarded to the supervisors and in
Please standby. June 19, 2020, lafco. Good morning, everyone. This meeting will come to order. This is the june 19, 2020 regular meeting of the San Francisco local Agency Formation commission. I am sandra lee fewer, chair of the body. Our clerk is here. I would like to thank madam clerk, do we have a name from sfgovtv . I think you are on mute, madam clerk. No, i am sorry. We did not receive the sfgovtv name. I would like to thank sfgovtv for broadcasting this meeting. Do you have any announcements. Due to the covid19 Health Emergency and to protect commissioners, City Employees and public, city hall is closed. Members will be participating in the meeting remotely. This precaution is taken pursuant to the various local, state federal orders and directives. Commission members will attend through Video Conference and participate to the same extent as if they were physically present. Public comment is available on each item on the agenda. Both channel 26 and sfgovtv are streaming the numb