Trade, immigration and obamacare. Gary next week will be a true test with an onslaught of Economic Data with the Consumer Confidence and jobs the jobs report. And thursday it president is expected to announce his nominee for the supreme court. Maria characterize what we saw this week. When you talk 20,000 on the dow, its not a great measure of the economy swroafer all baits many only 30 stocks. But the s p and the nasdaq closed at new highs. There is an enthusiasm that has come through. We saw we were talking earlier, the mexico news came out yesterday. It doesnt stop the market at all. There is so much optimism right now, and it seems tough to stop. With all that said, people have to be careful here, and one thing i would advise the retail clients is dont go all in right now. Go in slowly. And thats something people have to be careful of as the enthusiasm starts to grow. Gary holly, you deal with sophisticated investors. When the dow hits 0,000, do clients call and even gang different
The european rule context. Erik insight into whats ahead for the fed. Now with the time to be thinking about how we normalize more quickly. A few hikes this year seems reasonable . This is not an environment where the data is screaming you have to move. We could get more this year. Erik it is all straight ahead on bloomberg best. Erik hello and welcome. Im erik schatzker. This is open bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. This was the week Prime Minister theresa may promised to trigger article 50. Starting britain on its long and potentially painful breakup of the European Union. But on monday, a multinational merger took an important step forward. The European Union approved the proposed 77 billion merger of dow chemical and dupont, saying the companies have addressed their concerns with their commitment to divest businesses. What sort of concessions did the companies have to make to
The european rule context. Erik insight into whats ahead for the fed. Now with the time to be thinking about how we normalize more quickly. A few hikes this year seems reasonable . This is not an environment where the data is screaming you have to move. We could get more this year. Erik it is all straight ahead on bloomberg best. Erik hello and welcome. Im erik schatzker. This is open bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. This was the week Prime Minister theresa may promised to trigger article 50. Starting britain on its long and potentially painful breakup of the European Union. But on monday, a multinational merger took an important step forward. The European Union approved the proposed 77 billion merger of dow chemical and dupont, saying the companies have addressed their concerns with their commitment to divest businesses. What sort of concessions did the companies have to make to
These are the top stories in business and finance at this hour. China is given Global Markets a booster shot in a surprise move, Chinas Central Bank cut is bench mark Interest Rates for the First Time Since 20 12 the one year lending rate was reduced to 5. 6 . China is on track for its slowest annual growth in more than two decades. Stocks around the world shot up on that unexpected move out of china and comments from the e. C. B. President. He said Inflation Expectations in europe have fallen to a excessively low level and the e. C. B. Must find a way to get prices rising as quickly as possible. The inflation situation has also become increasingly challenging. Headline infrustration has fallen significantly over the last year. Last november it still today as 0. 9 . This was low, but it was generally expected to rise safely above 1 by now. Draghi is trying to keep europe from sliding into a japan style deflation anywhere spiral. Hours after his speech, the e. C. B. Said it is the gun b
Chiu. We found that there have been issues when were trying to address the issue of vacancies when there are buildings where there are commercial spaces below and residential spaces above. So, weve been working very hard with dbi and stakeholders to make sure that we address this in our current existing ordinance and so, i do want to thank the stakeholders and look forward to working with our city departments to ensure that we cannot only better track these vacancies, but also provide them these businesses or Property Owners with better city resources to help them either for vacancies or attract new businesses to their commercial corridors. So, with that, i submit. Thank you. Thank you, supervisor tang. Supervisor cohen. Thank you very much. I have a request, a hearing request that follows up on a motion adopted by our very own youth commission, and it will focus on the citys efforts to address the needs of young people with incarcerated parents. In 2011, a dcyf Needs Assessment found