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[gavel] good afternoon and welcome to the land use and Transportation Committee of the San Francisco board of supervisors. I am the chair of the committee, supervisor aaron peskin joined by vice chair supervisor safai and Committee Member supervisor dean preston. Our clerk is ms. Erica major. Madam clerk, do you have any announcements . Clerk yes, due to the covid19 Health Emergency and to protect Board Members, City Employees and the public t board of supervisors legislative chamber and Committee Room are closed. Supervisors will be participating in the Virtual Meeting to the same extent as i...

The big boet on bitcoin thats got everyone talking. But first, we begin with a trip back to the future for the markets and this was flagged by our own dan nathan a year ago today it was trading at 2900 and basically back to that exact level and lets fire up the flex capacitor to see what life looked like and wow, the world would change this time last year the s p 500 would trade 17 times pe and the tenyear note, and unemployment j was just over 3. 5 and Flash Forward to today, it is trading 20 times, and the yield. 6 and unemployment is projected to hit 16 and gdp is negative for the first tim...

In mass. The speed record is four years for mumps. Moderna uses Artificial Intelligence by the way, fueled by Amazon Web Services to speed up the Drug Delivery and discovery process their covid vaccines are already going to phase two trials, shooting for phase three this summer thats incredible. Thats much fafster than anyone believed a long time ago that would change everything how many ifs . Mighty big ifs, too the rally gives us a glimpse of what the future may look like if moderna works with the dow up 211 points [ moo s p climbing 1. 1 and the nasdaq 1. 4 hallelujah. At least thats the Gl...

Front. Showing millions of jobs lost. Well see more with the jobless claim number and tomorrow with the number from the government dow looks to be up 260 s p up by 34 and nasdaq up by 118. We are getting competing views jobless numbers we know are bad. Then you see oil prices that tell you where things may be headed prices may be up again gain of 7. 3 this shows you maybe things are starting to pick up around the globe. Maybe that demand is coming back that may be something to hang your hat on. Andrew thank you we have a huge lineup of guests. Secretary of state mike pompeo will join us to dis...

Effective, it brought down the market up the day about 39 points s p 500 had given a run for the money. We are below that 2,800 level. S p up about 4. 5 keeping in mind the treasury yields right now, the 10year seems to be yielding 0. 606 andrew, ill send it over to you. Well give you an update now on the pandemic numbers. Global cases have reached 2. 7 million with 869,000 in the United States. The death toll in the u. S. Is nearing 50,000 new york cases have hit 263,000 and new jersey over 100,000. Georgia plans to reopen. They have the most confirmed cases with over 21,000 well talk about t...