Reserve. Every day we guessed what the fed will do and every day we make it harder and now that its almost upon us this discussion monopolizes it. We know employment has been strong. Theres no reason to keep shortterm Interest Rates too low. But its how companies are doing like mine. The amazing race would be the last thing you do. I cant name a Business Group doing better than it was six months ago. That is if you thought that Employment Matters all that much because employment wasnt as strong then as it has been in the last few months. They havent missed anything. If hiring is their gauge, still, though, the stock markets rock because anyone that follows individual stocks knows that things just arent so hot. Individual Sector Analysis says things arent that hot. All right. Not that hot. Its a term that explains where the economy is right now. Thats where the confusion comes in. How can the cooling economy produce more jobs . The answer is simple. The businesses im looking at now will
Squeeze. Theres wall street lore about Rosh Hashanah and sell yom kippur. Not coming right now. Exactly. An exclusive with the chief Investment Officer at calpers. One of the biggest funds in the world. And if you remember last week huge news by announcing to stop investing with hedge funds. Today, were going to find out why from the person responsible for those zixs. Largest Public Pension Fund. Great point. Because, look we made sure to know theyre the Largest Pension Fund last week. Hows this for a Company Vacation policy . No policy. At all. As in, take as much time as you like. Whenever you like. No limits. Were not talking hypotheticals here. Richard branson whom you see there vacationing as much as he likes at virgin telling the flows today, thats how its going to be from now on. Will it work . A lot of opinions on that. We have the full story coming up. As soon as we finish our vacation. I might give that a try. Yeah right. Exactly. Show you how the markets are trading right no
Could chalk up its biggest weekly advance in six months. We will continue to follow the story out of ukraine and keep you updated throughout the morning. The Russia Ukraine situation, that is not the only geopolitical story on the radar. Chuck hagel sounding the alarm on the situation in the middle east arguing that the longterm threat of isis is even more dangerous than al qaeda. Chuck hagel talking about the 9 11 threat to the United States. Jim, isil is as sophisticated and well funded as any group that we have seen. They marry ideology, sophistication of strategic and ticketical military prowess. They are tremendously well funded. This is beyond anything that weve seen. So we must prepare for everything. And the only way you do that is you take a cold, steely hard look at it and get ready. Also today, fighting between israeli and palestinians continues. Israel air strikes continuing for a third day following the collapse of ceasefire talks. The Israeli Military says it carried out
The supervisor said i want to get a lot of money. So do i. Thousands of city workers signed petitions saying they dont want their what the city workers think and i think thats a statement really of the problem that we have here. The city workers retirees an active city workers have a right to have a pension fund that is going to be secure and theyre very concerned that proposals to turn it into hedge funds will put their pensions in jeopardy and the fact that you have somebody who sells Pension Funds, who invests in Pension Funds and is on the board and youre going to be reappointing this person to a five year term, what does that tell me an otherwise city workers . That you would have somebody that has a personal conflict of information on the pension board, whos questioning were having a trial. Ed lee was informing about this conflict of interest before he reappointed here and he continued to reappoint her. That tell ls me this mayor is not concerned about the retirees and active wor
The connection theyre trying to make here is that wendy paskinjordan has been a barrier to the Due Diligence of the board finding out whether or not they are sitting on significant carbon risk. I would say that its up to this board here to up hold the integrity of its board through this. And theres a difference between intent and action. Theyre very separate things and although intentd is significant the action is without a doubt where the rule was broken. So when funds were traded after ms. Paskinjordan was on the board that seems like a very strong indicator for an ethics violation and this is the opportunity to keep the first board at the highest caliber business examining this further. Thank you. Hello, im a San Francisco resident and member of fossil free San Francisco as well. I think the previous comments, i have heard an explicit call that she not be reappointed and they were basically giving their reasons why they dont think she is adequately representing her fiduciary duty on