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You know as we said in the report overall measures of equity valuations are on the high side but not outside of historical ranges. In some corporate debt markets we do see evidence of unusually low spreads, and thats what was referred to in the report. More broadly we do try to assess potential threats to financial stability, and in addition to looking at asset valuations we also look at measures of credit growth, of the extent of leverage being used in the economy and in the financial sector, and the extent of maturity transformation, and taking into account a broad range of metrics that bear...

Of course, we are ready to provide information that Congress Needs to evaluate the feds Decision Making in Monetary Policy and elsewhere. With respect to Monetary Policy rules, they can be useful and i find them useful and long have as a kind of benchmark for thinking about what might be the appropriate stance of policy. But to chain a central bank to follow a simple mathematical rule that fails to take account of many things that are very important in making Monetary Policy, for example i was earlier asked about being against the euro lower bound which is an important special consideration, t...

Rockslide, we have a drop slide. Exercises for everybody. Hi have a great time. The ladies and guys that come it is for the community and we really make it fun. People think it is only for those that play basketball or swim. I have been coming to the pool for a long time now. It is nice they are sweet. In the Aquatics Center they are very committed to combining for people in San Francisco. And also ensuring that they have public safety. There are a lot of different personalities that come through here and it makes it very exciting all the time. They, their family or teach their kids have a swi...

Supervisor breed. Here. Supervisor campos. Here. Supervisor christensen. Present. Supervisor cohen. Yes. Supervisor farrell. Present. Supervisor kim. Here. Supervisor mar. Here. Supervisor tang. Present. Supervisor wiener. Present. Supervisor yee. Present. Madam president all members are present. Thank you. Ladies and gentlemen can you please join me in the pledge of allegiance. I pledge allegiance to the flag to the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Supervisors [gavel] ,. [gavel] youre out of ...

Good afternoon everybody and welcome to the board of supervisors meeting of april 14, 2015. Madam clerk can you please call the roll. Thank you madam president. Supervisor avalos. Present. Supervisor breed. Here. Supervisor campos. Here. Supervisor christensen. Present. Supervisor cohen. Yes. Supervisor farrell. Present. Supervisor kim. Here. Supervisor mar. Here. Supervisor tang. Present. Supervisor wiener. Present. Supervisor yee. Present. Madam president all members are present. Thank you. Ladies and gentlemen can you please join me in the pledge of allegiance. I pledge allegiance to the fl...