The german wonderful. [laughing] one of the biggest meetings weve had. Thank you very much. [gavel] [adjournment] madam secretary, call the roll, and commissioner willie adams, here. Brandon, here. Katz, here; approval of minutes for july 12, 2016 meeting. All in favor say aye. Next item. Pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic, for which it stands, one nation, under god, indivisible, with liberty and justice for all. Announcement of prohibition of sound producing Electronic Devices during the meeting please be advised that the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any personnss responsible for the ringing of or use of a cell phone, pager, or other similar soundproducing electronic device. Announcement of time allotment for Public Comments please be advised that
Of sound producing Electronic Devices during the meeting please be advised that the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any personnss responsible for the ringing of or use of a cell phone, pager, or other similar soundproducing electronic device. Announcement of time allotment for Public Comments please be advised that a member of the public has up to three minutes to make pertinent Public Comments on each agenda item unless the Port Commission adopts a shorter period on any item. Item 5, Public Comment on items not listed on thugenda. I dont have cards. Is there Public Comment on anything not on the agenda . 6 a, executive directors report good afternoon president adams and prez dependent adams. Im elaine forbes. My 1st report is a innovative project under development being spearheaded by tom esher of the red and white flee
How we get there and the speed and trajectory, that is where the confusion is now. Officials are talking about the possibility of a rate hike. Richard clarida will be here to help us break it all down. After a dramatic week, the dollar index is still slightly higher but a threeweek low. Own, and nomc job one knows what they are talking about, futures negative the dax is down 6 10 of 1 . The ftse 100 down one third of 1 . The bloomberg dollar index up about one half of 1 . You are seeing this more acutely against the commodity commodities currencies. Far, week for crude so potentially on wti the biggest and smart as we reenter a bull market. On the back of dollar strength, some crude weakness, the dollar index down by 6 10 of 1 . Yields creeping higher on the belly of the curve of treasuries , up 2 10 of 1 . A lot to discuss so far this week, a Big Conversation over the fomc pivoting forward to the speech that friday. Alix who is going to want to take big positions ahead of Janet Yellen
Those around me madam secretary, call the roll, and commissioner willie adams, here. Brandon, here. Katz, here; approval of minutes for july 12, 2016 meeting. All in favor say aye. Next item. Pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic, for which it stands, one nation, under god, indivisible, with liberty and justice for all. Announcement of prohibition of sound producing Electronic Devices during the meeting please be advised that the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any personnss responsible for the ringing of or use of a cell phone, pager, or other similar soundproducing electronic device. Announcement of time allotment for Public Comments please be advised that a member of the public has up to three minutes to make pertinent Public Comments on each agenda i
Please be advised that a member of the public has up to three minutes to make pertinent Public Comments on each agenda item unless the Port Commission adopts a shorter period on any item. Item 5, Public Comment on items not listed on thugenda. I dont have cards. Is there Public Comment on anything not on the agenda . 6 a, executive directors report good afternoon president adams and prez dependent adams. Im elaine forbes. My 1st report is a innovative project under development being spearheaded by tom esher of the red and white fleet. In terms the big picture, Climate Change and alternative energy, the connection between fossil fuel and Climate Change is very well understood. Truly clean energy means finding alternative fuels that dont produce green house gas. Solar and wind power are increasingly common. In San Francisco we are benefit from hydro eelectric power from hetch hetchy. Today we have electric cars powered by batterys. Many recall former governor schwarzeneggers hummer. This