Is europe close. This often happens. We just had a horrible day in europe. Worst day of the year really. A lot of markets down 3 . You see just right after europe closed, closer to noon, the market came up and moved into positive territory. As for china, the etfs in china very heavy volume today. Doesnt matter what etfs, ashr, thats mainland china, the a shares. The second one is hong kong shares. All of them are down though not as much in hong kong as you can see. This is spilling into the emerging markets. A lot of activity in emerging market etfs. For example, indonesia has moved down in the last few days. Those are new multiyear lows for indonesia. The same whats going on in other emerging market etfs for example, br zale. Ewz is very active. This is a 10year chart. We just broke below the 2009 lows in brazil. That was widely commented on trading this morning. With Interest Rates moving down, Interest Rate sensitive groups, particularly banks and insurers are weak. Banks understand
Where is the value . We will talk to a Top Value Fund investor this hour. And he will point us to three stocks that he likes right now. How about the race on democratic side . There are 17 of them on the republican side there are three right now. Can you name t2 of the 3 on the democratic side . You know clinton. You might know sanders. You know omalley . Well, those two guys gore. The veeps, gore and biden may be getting in. More there are more and more questions popping up on the democratic side. Will gore, will biden jump in and challenge hillary . Mandy is out, sara eisens in at the new york stock exchange. Good to see you, tyler. Start with oil, watching that price move. Its been sharp today. Were off the lows of the session as we speak, actually pushing higher 42. 56 is wti. Earlier in the session we dropped below 42. We hit the lowest point since march 2009. Well see where oil goes next. Also want to show you some of the big oil companies. Exxonmobil is trading lower by about. 2
Commissioner bridges has indicated she is on her way. Commissioner driscoll. Commissioner makras will not be present. Commissioner meiberger is out of the country. Commissioner paskin jordan. Present mpt commissioner stansbury item 3 general Public Comment. Thank you. Speak into the m ic. Sorry i couldnt help myself, you always say it, i had to say it to you. [inaudible] good afternoon commissioners. Im patrick [inaudible]. Executive director hish to hand a verbatim transscript of last months meeting. [inaudible] i testified july 8, [inaudible] should table the [inaudible] investment. Mrs. [inaudible] noted the proposal doesnt meet guidelines. Commissioner driscoll asked whether it involves a prohibited [inaudible] commissioner stansbury asked [inaudible] regarding ers investment staff and whether they have experience with asset back liability securitization. Loan obligations and a finding Credit Ratings to individual securities noting they go hand in hend hand with a potential [inaudi
Against kurdish militants last month. The soldiers were killed when a roadside bomb was detonated in the southeastern province of one the pkkegions against and Islamic State group. Within hours of that last, two launched against this that against istanbul. Who are on the tram and heard a sound like umag three or four gunshots. Reporter both assailants were arrested. Turkish Police Seized and an aids and weapons and ammunition. Istanbul has blamed an unspecified terrorist group, saying they believe the same men were involved in an attack on the eighth of august. The violence has been escalating since the suicide bombing of a Kurdish Cultural Center on the 20th of july which left 33 people dead. It reignited a decadelong conflict between the turkish state and kurdish separatist party. Turkish president says hes disappointed about the gridlock in parliament. Enoughty failed to find to form a government after it lost its majority in Parliament Last month. He urged supporters to turn out in
Coalition. Cambridge arranged that and the meeting did take place so forming the coalition and believe the goal is to expand it to include trustees of potentially across the u. S. Who are interested in the issue so we can act in concert thank you fl clarification. That is very substantive. One last expansion, the board adopted level 2 for social policies, in a words engagement so that is why this is relevant working with other entities such as other public Pension Funds that have the staff and resources particularly cal pers and cal stirs that have the staff set aside. I that is a way we can pull our resources and vote our shares because that is a issue regarding engagement to pull our shares with other public Pension Funds and other entities with like goal squz aim tooz try to enact a constructive policy going forward. Those i believe are the substantive issues, any other colleagues on the board who are member thofz committee to share that would be very constructive at well. If not th