And a morning. The ec and a warning. The ecb says they must be wary of introducing fresh stimulus, but are they moving closer to draghis position . We will hear from bundesbank throughout the show. And weve got the imf pushing for bold fiscal action, goldman pushing back on that. Where did they see Monetary Policy in the next . In the mix . Hans he says it will be data dependent. Normally, the german voice tends to be, well, quantitive easing can be counterproductive. Theyre specific, saying they wont be for it. I heard a central banker in frankfurt yesterday who was open to the idea of doing something more, but he clearly wants to tweak it. He may be closer to that theater constantia position. He didnt explicitly say it, but he seems to walk up to it. Guy we will talk about that later. S an i have plenty to h hans and i have plenty to kick around. Lets look at what bloomberg is telling us. A fairly positive open looks like the risk is creeping back into the Service Sector data, clearl
Thank you. Thank you. Next speaker. Good afternoon, supervisors steve i want to speak a little bit about the grandfathered july makes sense and people on notice that the ordinance is being introduced at this point i urge you to keep the 50 percent the doctor for projects in the pipeline before that date that is fair the projects could perform their projects and aware of the fee when they made their lands deals the city not to slow down the projects the proposal by the sfmta is feasible and urge you not to void any significant increases maybe were in a bubble now but those fees to make sure make sense in the next busts the reason were in the country now job growth has been since 2010 we need to do better and make sure the housing pencils in when were in the beautify as well now so the projects can be built when the economy is weak this unfair you were burn of fees will be user u unfair the modest of the increases and move the grandfather date up to july 2015 but keep the projects in the
Supervisor london breed . Welcome to the San Francisco board of supervisors meeting. Madam clerk, please call the roll. City clerk [roll call. Supervisor wiener, yee, present, supervisor cohen, you have a quorum. Supervisor london breed thank you, madam clerk, are there any communications . There are none to report, madam president. Okay, would colleagues like to serve items from the Consent Agenda . Seeing none, madam clerk, please call the role on the Consent Agenda. City clerk items 114. Supervisor mar, aye, tang aye, wiener aye, supervisor yee, aye, supervisor avalos, aye, supervisor breed, aye, supervisor campos, aye, supervisor christensen, aye, supervisor cohen, aye, supervisor farrell, aye, supervisor kim, kim absent. There are ten ayes. These items are finally passed unanimously. Madam clerk please call items 1518 item 15. Multifamily housing revenue note 49131 avenue. Item 16. Multifamily housing revenue note 345 arguello boulevard, item 17. Multifamily housing revenue note 9
Thank you. I wanted to say thank you on behalf of the board for all our work sometimes that is a thank less job mr. Clerk if we could please roll call commissioner cohen commissioner meiberger commissioner bridges is on her way droilg brisbane commissioner driscoll commissioner paskinjordan pr commissioner stansbury is quorum is presented. Thank you very much please call the next item thank you ladies and gentlemen, Public Comment is open at this time. Thank you, president im Patrick Bradshaw regarding the potential investment in the loan pool it was good warning the retirements system is asked to purchase. 26. Million no others secondary market willing to purchase it unfortunately, this simultaneously suggests the retirement system maybe under the quote greater pool theory an investment pool investment using the assumption theyll be able to phil fill it later to and then greater pool this is packaged not because you believe that is worst the price but rather you may believe all be abl
The worst of the slowdown in china may be over, and david inglis is looking at this. Pickup, 50. 8. A it was not a big surprise, because if you look at the range of forecasts from economists, pretty much everyone was expecting we would still see expansion. As high as 51. 5, so i guess you could argue that it is more in line with expectations. This is really a survey, at least for this particular one. A series of questions. How many optimists are there, compared to pessimist . A number above 50 indicates that people are perhaps a little bit more bullish on their own business, so that is what we have for the large enterprises. If you look at the medium sort of companies, mediumsized companies, because that is a critical area right now, we saw a big improvement here. 50. 3 in april, 51. 4, which suggests that some of these measures that beijing put in place over the past several have filtered over. That said, you look at the smallest firms, it is more difficult for these firms, 48 point e