Stocks of companies with obviously great fundamentals but a Battle Ground with fire. And madness. Count me out too much effort. Sometimes though you have to take a stand and in a market like this one where the bullish animal spirits can bowl anybody over. Including today the dow inched up 30 points s p advanced and then some battlegrounds, even for me, too tempting to ignore thats why i have been taking a stand with tesla i might have gone back and forth, two of the biggest hornets nests of our time what separates the tesla a battleground stock that i feel compelled to champion from the netflix which i lost conviction in championing it for years at lower levels okay, all my career i have been fascinated by companies with vociferous bulls and ferocious bears if only because theyre so entertainling. Three things distinguished the stocks from regular run of the mill equities. First, theyre cult like the house of pleasure. People buy them because they love the product and the product trans
It is also near levels that is signaling it is in overbought territory. Overall we started with the nikkei to 25 moving upside. It has now fallen below the hang seng. Talked about shanghai comp with regards to Inflation Numbers portending good news. Pork prices responsible for a lot of gains. Something to worry about. Excessive be down to inventory and overcapacity at the same time. Does not bode well. Not painting a rosy picture for the chinese economy. Lets have a look at what else is going on. The bond future. 10year trading outlook, 1. 94 . The 10 year yield unchanged, 1. 3 . 28,sterling slightly up, 1 partially down to moodys putting its negative outlook stamp on what they perceive there. Offshore you want just a fraction below seven. Lets see what else is going on here in hong kong. David as you are pointing out, stocks are under pressure. What has happened this morning, a couple things. Police confirming they shot two protesters during rushhour traffic this morning. Demonstrator
Districtdistricts, theyre suppo reassess in the rezoning district, the transbay and lower those. We know adding all of that access parking and every one has gone in with one per parking unit. These are all on top of the transit station where the sidewalks will be congested and the streets are congested and Pedestrian Safety is an issue. One thing we ask you to do is to look at how much parking youre putting in these districts and create parity. I was looking at the terminal and in row of buildings, this should be a plaza where there is a pedestrian street and instead its turned into a port. The automobile entrance comes out and in on catoma. Theyre slicing, it looks like a loading entrance to the bike lane on howard street. Its vehicle access from two different sides and you messed up every frontage. So i would ask, maybe, to consolidate those into one less parking in the projects. Again, people literally live in the terminal and that could be a parkfree project, and this seems to be a
This. No, there will be a draft motion before you on or after november 21st, adopting the recommendation from the rec and park commission. You might note for my fellow commissioners that its highly unlikely ill be here on november 21st. I may be out of the country. Well, we need you. Good to know. Commissioner richards. Weve got a building thats fully baked. Zero tolerance means zero so im not in support of this and i wouldnwouldnt be able to go tp at night. November 21st is only 30 days away. Its not like theyll resign the whole project. So im going to say no. Commissioner moore . Im very disappointed to hear that if im correct, if i heard it correctly, that park and rec made a decision without consulting with us. Normally they have a joint meeting and discuss this matter. Can you clarify that, mr. Foster . In was a zero tolerance park and in 2012, when tcdp, the planned area was adopted, the ac ls for seven parks was increased from 0 to. 03 which would create a budget for parks ntcd,
Rba on october and december. We have that bad aussie jobs number yesterday. Rishaad if you look at the headline numbers. Lets have a look at the markets. This is what we see now. The Central Bank Governor david the Central Bank Governor, just wanted to mention that. Rishaad of course. You have to talk about the philippine fed governor. David why not . Let the filipino do it. He will be coming up in eight minutes from now. He might bookmark it. Rishaad profiling, thats what it is. [laughter] rishaad lets move and have a look at the markets. Hang seng up to positive. Just below the gain line. Zhang line, signing up to the upside. Feeling that we may see Interest Rate hikes coming cuts, should i say, coming in october november. This is the position for the nikkei to 25. Up 5. 5 . Look at the topics. Doing rather well. Five straight weeks of gains for the broader market. Lets have a look at the constituent movers and take a look at these different Asset Classes and how they are behaving. W