The stoxx 600 is down for a fifth consecutive day. Worst losing run since september 4. This is a weekly decline after two weeks of gains. The german 10year yield is up to 18 basis points. The dollar is falling against again. It was rising earlier. Fellmer prices in japan for a seventh month today. Household spending slumped. U. S. Gdp data expected to increase. Oil is falling for the first weekly drop since september as the Opec Committee meets in vienna to discuss output quotas for members participating in an agreement to cut production. This is my chart of the day. Yesterdaysr strongerthanexpected gdp number. Theres a greater chance of the boe raising rates then cutting 2017. N the second half of this is according to overnight index swaps. Traders reevaluating how long Monetary Policy will remain accommodative. Boe governor mark carney suggesting a couple days ago that the prospect of faster inflation is diminishing the case for easing. The greater chance of a hike than a cut in the
Soma, outser mission, very competitive marketplace with low unemployment rates are going to continue through the life of this agreement, but we think weve now really hit a stride with this excelsior, client town, southeast neighborhoods. Program the 40 goal was attained and that well continue this high rate. We are also very pleased to report that over 70 of those hires are august 14thjuly 2015. Coming from targeted neighborhoods the systems were filled with identified in the d. A. Our referrals. 74 of the 80 hires were from additional accomplishments from the Development Agreement as you the priority neighborhoods from the heard, weve not only initiated agreement and i just mentioned on the last slide. Community discussion at the saint lukes this is a vast improvement over the first year. At the end of the first year campus but weve had community they did a 13year deficit of a hiring engagement at all of our campuses. There are always going to be deficit down to 11. Members at im plea
Engineering relates to internship. As you can see we are at 64 . 16 out of 25. The third one is 50 of new entry level of new candidates of our System Training program. We are challenged on this one. This deficit is due to a citywide shortage particularly in apprentice ironworkers in this sector of construction right now. That being said, going to the final one which is the big number with the project when it relates to construction and that deals with the percentage of trade hours for Union Journey men and apprentices. You can see the slide we are at 34 of work hours performed by San Francisco residents. Thats a good number. So, just quickly i know there is a lot of interest what neighborhood folks are coming from to take advantage of these opportunities. We have the breakdown here with the largest 18 which is two neighborhoods. We go by zip code. 94110 at 18 . 91434 at 12 . I think its consistent with the kind of clients we serve and neighborhoods that tend to have higher poverty rate
Illegally. Cybersecurity is obvious. And protecting the infrastructure from cyber and terrorist attacks. And the fourth priority was i want to do everything i can to make sure secretary jay johnson, who is an honorable man, i want to make sure he succeeds in the mission of keeping the country safe. Lets go to cybersecurity. We have had a number of hearings on this. I ask witnesses what are the top proorities and thinks we have to get done. The top priority is facilitate the sharing of information. And i am talking about threat signatures, vulnerabilities. We are not talking about the meta data. It is just impossible for businesses to have to really try to comply with a multitude of different jurisdicational requirements for data breaches. It is cruci w it is crucial we set of federal standard. Those are the those are the top two priorities. Those should be Pretty Simple to accomplish but it has not been simple because you have a legitimate interests. People concerned about american pri
From the Security Community there is a wide understanding that you cant prevent incidents. But that understanding hasnt always made its way to Corporate Leaders and to policymakers. So having the response the processes in place to respond and recover from an incident we also see are critically important. And then i think to the point of the question i think we have to remember if you go back to aris presentation earlier in the day, this is one element of many that are going on that industry is undertaking, that the federal government, that the state government, International Governments are undertaking to help manage this problem, and we think together we hope that, obviously, it will have the approach of making things better out there. David, if i could just build on adams comments and i agree with him and particularly the last one about how many things we are dealing with here and you know in thinking about the title of the event as to whether were gaining traction or losing ground,