And that stems from policies that have been adopted over the last several years that officers believe tie their hands, with respect to doing their job. Reporter she gave examples, as of january juveniles cant be cited for fare jumping. Bart recently passed a sank shoeary policy, and the police have shanktuary policy, and the police have another policy. They fear of being rep remanded for use of force, there is an awful lot of paperwork that occurs, these are the things i am hearing from the officers. Reporter the chief says he is hearing more optimistic news. What i have been getting is a lot of positive feedback in what the future holds. Reporter bart board member, allen, said the department should study why few are applying but the chief wants to focus elsewhere. Because somebody applies doesnt mean they are qualified. I want to spend time and effort on the back end and really compressing our processes for recruitment, testing, and hiring. Reporter if anyone out there is interested i
8. Checking on treasury yields. The tenyear yield at 4. 335 . 4. 751 for the twoyear treasury note. The yen is also a big story that system pacting the treasury market as well. It hit a 38year low against the u. S. Dollar yesterday. 160. 88. The thinking about intervention. It is almost a foregone c conclusion. Thats something to watch. You got your notebook . I have a notebook. I write notes every morning. I dont know what you do. Becky todays that, too. I have it by date. Go to a blank page. Okay. Are you going to try to guess numbers . Im going to tell you whats on todays squawk planner. Im throwing my pen. Do not throw that down. Whatevers in the squawk planner is already in my notebook. I take notes during fast money. Todays squawk planner. Several Economic Data points. You have gdp revisions and weekly jobless claims and may durable goods due at 8 30 a. M. May pending home sales comes out at 10 00 a. M. We hear from walgreens around 7 00 p. M. Ive told you that all my movie refer
8. Checking on treasury yields. The tenyear yield at 4. 335 . 4. 751 for the twoyear treasury note. The yen is also a big story that system pacting the treasury market as well. It hit a 38year low against the u. S. Dollar yesterday. 160. 88. The thinking about intervention. It is almost a foregone c conclusion. Thats something to watch. You got your notebook . I have a notebook. I write notes every morning. I dont know what you do. Becky todays that, too. I have it by date. Go to a blank page. Okay. Are you going to try to guess numbers . Im going to tell you whats on todays squawk planner. Im throwing my pen. Do not throw that down. Whatevers in the squawk planner is already in my notebook. I take notes during fast money. Todays squawk planner. Several Economic Data points. You have gdp revisions and weekly jobless claims and may durable goods due at 8 30 a. M. May pending home sales comes out at 10 00 a. M. We hear from walgreens around 7 00 p. M. Ive told you that all my movie refer
Lose a key vote in the house of lords. Good morning. This is bloomberg surveillance. We have a packed show. Theres quite a lot of movement on the markets. This is a picture for your data. We are getting eurozone manufacturing pmi. This is for the month of february. They are rising to 55. 4. Anything above 50 means they are expanding, but it is a slight miss compared to what economists had been expecting. Im looking at euro. We are seeing a little pressure on euro. We have a market expert to give us all his thoughts on whether it is linked to some of the political turmoil we may see in france. Eurozone manufacturing pmi, 55. 4 for february. Onto your markets and without a doubt, everyone is looking at , hisdonald trump has said softer tone masking a little bit of difficulty for his agenda in congress. This is what investors are trying to look at. They are looking at donald trump, but they are really looking at the wirp function on the bloomberg terminal. Were looking at fed moves. The g
Well, look. This is something weve been saying since the start of the year. We went slightly underweight u. S. Stocks relative to Global Benchmark and we overweighted things like europe and it was not a tough decision. It was one of these things where you just look at the gains weve had in u. S. Stocks for clients, you look at performance, valuation differentials and look at the picture brightening in ways that are not captured in flows, in fundamental research, et cetera, and it was the type of thing where we say, look, first of all, this is an overweight and second o all, relative to other advisers, the home country bias around the world is on sene and in the u. S. , we see people with these accounts that are hugely levered to the s p continuing to go up and up and up away from other asset classes. This is not going to be the case. Historically that will be very wrong. Jpmorgan said theyve outperformed. They think the dollar could weaken in the second half rather than go up even with