This is the second month and a rope where it surprised to the upside. It was coming down. Is it going back up . Carl it still looks like there is a broader deceleration underway but the slope is much shallower and it tells you some of the handwringing over the trade war is overblown in terms of the consequences for the broader economy. The trade wars negative without doubt. Growth is slowing. As the economy slows, hiring should slope, but things are not rolling over. Written a fair amount about the relationship between the economy and the growth of the jobs numbers. Is it changing your mind about how much the economy is slowing . Carl may be at the margin it tells us there is less slow down. If we look at the number of hours worked, a unit of gdp requires a certain number of worker hours to produce and the fact that aggregate hours worked is growing at 1. 9 to the us thet quarter tells tracking estimates of gdp that are below our forecast are down closer to 1 . Is based takeaway here o
Initiative in resolving the border conflict with neighboring eritrea after years of hostility and a 27 year old german man admits to planning a massacre at a synagogue on wednesday tonight we ask how much protection do germanys jewish communities need and are they getting what they need. Its good to have you with us at the beginning of the week it was a green light from the white house tonight its a red light from the pentagon tonight the u. S. Military is warning turkey that its incursion into syria could jeopardize progress against socalled Islamic State and is calling on its new ally to Halt Operations the u. N. Says a. 100000 civilians have fled their homes since the offensive began just 3 days ago the assault is also raising fears of an Islamic State comeback as kurdish led forces in the region say they cannot detain i guess prisoners and hold back the Turkish Military at the same time. The kurds Worst Nightmare attacked on all sides pounded by turkish artillery again on friday so
Copper, all getting caught up in this risk off seer. Time for Global Exchange where we bring you market moving news. From hong kong is reporter ian marlowe. From london is emma chandra. From new york and miami. Over the weekend, you had protests continuing in hong kong. However, china is seeing some positive signs the hong kong and Macau Affairs said a consensus has emerged to put an end to violence and chaos. Positive changes are emerging in hong kong, most importantly, putting an end to violence and chaos has well as restoring the order has become the strongest and broodest consensus of the hong kong society. Alix we welcome marlowe ian. Is that true or is that violence a reality . Yeah, i think its a bit of both. The violence over the weekend is certainly something that transfixed the city. You had a huge roadblock that was set on fire throwing molotov cocktails. And monday and tuesday, we had a little bit of comments coming from both the hong kong local government and today from Be
October 14th. David we want to join mike mckee in new york. We got ism numbers. They were not a surprise and a good way. Michael they were a surprise and a terrible way. Purchasing Management Index falls more than one point. It is the biggest drop in the first contraction since 2016, january of 2016. Even worse, the underlying numbers, new orders fall of 47. 2, unemployment falls to 47. 4, inventories rise to 49. 9. 50 is the abiding line between growth and contraction. When you have inventories rising faster than new orders, there is a strong correlation with recession ahead. We are not in recession yet, but manufacturing seems to be good david when you get numbers like this you wonder why. We see pmi numbers softening. Is it because of theariffs that were just increased over the weekend . Michael that is what manufacturers are saying. It has a quote saying comments from the panel trade remains the most significant issue indicated by the strong contraction. They are saying the trade w
The executive director. The enforcement of the code is not taking place in San Francisco, and developers and builders think they can get away with ignoring the code, and they do get away with it. It is harming the people of San Francisco and it is certainly not helping the homeless situation in San Francisco. Thank you, sir. Next speaker, please. People are going to make a buck and they are not going to do it straight. This effort to address the most egregious violations is necessary. This is all over town, there are different scenarios, whether you are on the mission, whether you are in north beach, whether you are in the excelsior, whether you are in oceanview, and i really, i think it would be a great idea if you passed it and supported it any other Public Comment on this item we any other Public Comment on this item . Public comment is now closed. Two questions. One is, other districts which have looked for governors, if you will, to control the size of expansions and related to co