Companies dont have exposure to china, with the exception of amazon, which as a retailer and a distributor has a lot of exposure there they have the most china risk, outside of if you leave f. A. A. N. G. , of course theres alibaba, which its all china exposure i guess thats how i would answer the question. I would also make the simple point if you look at the f. A. A. N. G. Names, you pretty much had acceleration growth, Revenue Growth acceleration for all four names but theres a couple of very specific issues in the back half of the year. The ones with the best fundamentals right now with the easiest valuations is facebook and google krish, whats the next irobot i mean, looking at hardware, whos got an amount of china exposure that could be really damaging you know, apple clearly has a pretty high china exposure and as you mentioned before in this program, anytime theres negative news on u. S. china trade, apple becomes kind of the punching bag what i would characterize as overall wh
Overnight that washington could be delaying easing up restrictions on huawei as part of the trade war deepening tensions potentiallimentpotentially ment and we have the s p 500 and the dow coming off some highs yesterday. Overnight in asia, we had some interesting news out of japan. Theyre changing the way theyre buying maturities across the yield curve. We have the nikkei higher by 0. 4 we have red arrows on the hang seng and shanghai. New china data overnight that showed food prices surging 9 , largely in part due to a surge in vegetable and pork prices european equities, down arrows across the board the dax is down by 0. 9 . Treasury yields, this has been the focus all week, yesterday the intraday on the tenyear yield was 1. 793 we are seeing extraordinary moves on a daytoday basis. Getting close to the twoyear feeling it feeling it feeling it little resecessionary feeling i. We have one other piece of Corporate News to bring you. Uber shears undehears unde s uber shears undhares un
Items acted upon will appear on the july 9th, 2019 meeting. We have overflow seating downstairs for those folks who need to have a seat. Chairman just to repeat, there is overflow seating downstairs. We have to get to one item of business before we get to the hearing on gig workers and the gig economy. So if folks do want to spend some time down there, that would probably make things a little easier for our Deputy Sheriff and for our clerk. Okay. Mr. Clerk, please call our first item. I will. Agenda item number one is a hearing to consider the premise to premise type 21 offsale general beer and Liquor Licence to llc, doing businesses at Cloud Kitchens, will serve the public with the necessity of the city and county. Chairman great. We have our a. L. U. Im with the San Francisco police department. You have before you a p. C. M. Report for cloud kitchen. They have applied for a type 21 licence, if approved, it would allow them to sell beer and wine and distilled liquor. There are zero le
Ft Still Holding ground in the big apple. First, to our top story u. S. Markets posted a dramatic slide today as global trade has spooked investors. The endt weekly losses of last year while treasuries rallied for the fourth year as the trump administrations trade spats are on multiple fronts. And the s p had its worst month of the year. We want to bring in Michael Regan from new york. A lot of Different Things going on. Where did we see the bloodshed . The bloodshed was widespread. Nine of the 11 main sectors in the s p 500 were down. Theeally stems from surprise announcement of potential tariffs on mexico. No surprise that the president is ratcheting up the immigration rhetoric with mexico. U. S. Mexicocanada have a trade deal that i think most of the market had assumed was near the finish line. It was recommended to go to the senate in mexico by the president there last night. It was believed that the u. S. Congress would be voting on is soon. That calls that into question and it te
Misclassification of employer position. So the relationship is really muddied around that. And clarification in the courts and through the state legislature would be particularly helpful to our efforts. Thank you. Thank you. Chairman any other questions . All right. Thank you, mr. Mulligan. Then i will next call of miles lockier. Thank you for being here. Lets see if i can get my. Chairman are we up and running . I well, it should be. Its slide one of 10. Okay. Here we go. Good morning and thank you for inviting me. Ni nammy name is miles lockier, and i am appearing here today in my private capacity and not officially for the labor commissioner. And the views that i express are mine and not necessarily those of the state labor commissioner. With that, let me start by this the Labor Commissioners Office enforces state laws dealing with wages, workers conditions, and also protections for employees. There are generally two sources of that law, okay . One is the labor code itself, and the