Stock, futures is down sharply healthcare stocks are under pressure this morning and amazon entering the health business, pa partnering with berkshire, finding ways to cut the cost of healthcare mcdonalds reporting a major spending boost for thousands of new stores and digital upgrades. Dow and the s p 500 remains on pace for a 10 consecutive months of gain i think it is true. You come in and when you see stocks, when you read the release and the mcdonalds release in the lets just say in the cave and not look at these you would say wow. These are great numbers. The markets set up to go down you have this team up that we talk about all morning with jai jaime dimon. It is generic, yeah, it is been up a lot and i want to take profits ahead of the president whos going to take credits for a good mark. Ye market you come in and let them take credit we got thursday is National Earnings day so there is a lot of reasons to take profits and not a lot of reasons to say you know what, once to the
Verdes. Sarah eisen and mike san tolly holding down the fort at post 9. The nasdaq hitting a fresh record high. A number of big names taking the stage on day one. From his relationship with washington to Driverless Cars to an impact on society. It is recurring panic. People get all amped up that they are going to take the jobs. The jobs that were taken by the auto was 1,000 x, the number that the black smiths have. They call it the labor fallacy, which is technological change causes productivity growth and that lets us produce more of what we can already make with less resources and lets us create. Thats what frees up the spending power to create lots of new things and new demand. Thats what creates new industries and jobs. 100 years later, we look back and think, i cant believe anybody was ever a black smith. Joining us this morning, Karen Swisher is here with us and walt mossberg. Good morning. It is good to see you both. This illustrates the best the ability to take a moment to pond
Million subs, compared to that guidance of 2 million. The company beat up earnings in revenue. Reed hastings last night talking about competition on the call. We had a great couple of years at these price points and theres a lot of competition entering the market. Were focused on increasing value by having more spectacular shows so that people watch more of netflix. Lot of analysts are struggling how to value these guys. Is it a cash flow story . Is it a mushy hit maker story . Whats your take on this . How do we know what where its going to go. People were short the stock yesterday. Obviously were seeing major shortcomings. Carl, i think youve actually frame this had correctly. This is an unbelievably difficult company to analyze quarter to quarter. I have a rule of thumb, never bet against netflix or Reed Hastings. That said its extremely difficult to forecast whats going on here. Essentially the u. S. Has reached some kind of maturity and the rate of growth there is modest at best.
Assembly a point and figure out how best to manage wanted to extend that you know again, the knowledge of the christmas has put it out with lombard street and willing to support our business is getting out there so. Let the record reflect i dont remember because i was sick laughter . I think those are probably the essential things i want to just report out on for today. If you have any questions. Nope. Great. We will move on to item number ten which is president s report. President s report oh, so as you maishtd im on the board of the chamber of commerce it was with sadness we he had accepted bobs resignation a ascertain is about to begin for a new want for the chamber of commerce bob has done a great job in his 3 years we are sad is a to see him go it is for personal reasons we had our Board Meeting so say our good bias to him im also the cochair the Small Business week we have a meeting work hard regarding that things are great adam and his team do a fantastic job and exhausted their
Wednesday, march 23, 2016, and the time is 5 oclock roll call commissioner president covington commissioner Vice President cleaveland commissioner nakajo commissioner hardeman chief of department chief joanne hayeswhite item 2 at this time, members of the public may address the commission on items of interest to the public that are within the subject matter jurisdiction with respect to agenda items, speakers shall address their whole and not to individuals. Response does not constitute an agreement of support for statements during Public Comment. Any Public Comment . At this time if so please come to the podium to speak seeing none, Public Comment is closed. And call the next item item 3 announcements the april 27, 2016, will be held at a time it be determined James Lick Middle School San Francisco, california and included on the agenda will an adjustment items and dan from the members of his staff and status of investigations. Thank you, madam secretary i just want everybody to know t