Live from new york city, good morning. What a week ahead. Nobody earnings two days away. Coming into monday nvidia earnings two days away. We are picking up on the sent of capitulation at Morgan Stanley. Mike wilson has a new year end price target, 5400. The old price target, 4500. A wider range of outcomes and opportunities. Lisa he talked about the fact it is getting harder and harder to have any broad assumption where the market is headed. A lot of analysts have been head fake by a lot of different cycles that are overlapping and prolonging this recovery. Annmarie Jonathan Mike wilson will catch up with us tomorrow morning. That follows Deutsche Bank lifting the 2024 forecast. Looking for 5500 year end. Annmarie i think the biggest data point we will get this week that will decide the direction in the short term is going to be nvidia. Going back to Morgan Stanley, macro outcomes have been in, increasingly difficult to predict as data has become more volatile. That is the theme on th
This. Hernandez and ianes. Clerk please make sure to silence all cell phones. All documents should be submitted to the clerk. Items acted on today will appear on february 27th innocence otherwise stated. Chair thank you we are also joined today by supervisor jeff shea. Thank you for joining us. If you can please call item number 1. Clerk item number one is ordinate submitted by supervise is r sore for the amended regulated codes to impose a 1. 7 tax on the grocery sheets from the rate of commercial space for low and middle Income Housing and social services. The chair thank you. So this is a measure that myself, supervisor shae and supervisor tang and supervisor colin and now farrell all signed and promoted. If i have forgotten any names, let me know. But this has been something that we have been talking about in this building for years. But in earnest we have been talking about this issue of housing and the housing crisis for the past year. This really began with the conversation abou
One of the issues. Im curious because what i think in terms of one project. And im adding 17 for middle income. Then that is 170 units in just one project. So when you look at the funding that could be available for suggesting milling income i think it says 35 . Which means about 25 million a year. What are you going to do with the 25 million . You can explain exactly how its going to work . Is it to help bill or help to buy . Or what is it . [ please stand by ] type of building and the land value. We think we can negotiate pricing for the mixeduse development because the developers are working with us already and the purchase will allow inclusionary at a good price and the price point for the units which would be affordable serving generations of people at affordable rents is it can be a good price point and at least equal to or sometimes less than just building new. Its certainly faster. If you were to do a combination in terms of approximately 25 million a year, how many units can y
The president for banning transgender citizens were serving in the military. Violates the equal protection clause of the constitution. President trump has given the pentagon six months to return to the previous policy that barred transgender soldiers. British Prime Minister theresa may is under pressure on two fronts as brexit talks resume. Eu negotiators want her to reveal her hand. The Opposition Labor Party is trying to lure her critics to its side. In theushing to keep Single Market for the longterm transition. A mysterious chemical haze that left more than 100 people in the english coast with burning eyes and breathing problems has dissipated, but the cause remains a mystery. The gas cloud appeared on sunday, sending people fleeing from the beach 60 miles south of london. Global news 24 hours a day powered by our 2700 journalists and analysts in more than 120 countries. Im mark crumpton. This is bloomberg. Julia live from bloomberg World Headquarters in new york, im julia chatterl
Donna brazile feeding questions, outrage after she redesigned from cnn without disclosing it. Details all coming up. A headache for commuters in philadelphia to report transit workers going on strike at midnight to use over prolong wacout and now raising questions on election day. We are starting a new month on wall street. Coming out of decline. Futures indicating markets will kick off on the upside. Take a look at where we stand with the ftse. In asia overnight stocks mostly higher. Better than 1 in hong kong. All the stories coming this morning and joining me to talk about it Dagen Mcdowell Jon Hilsenrath and maverick pac morgan ortagus. Keeps getting crazier. Incredible. Fox news military analysts jack keane is with us along with tennessee congresswoman Marcia Blackburn. One week elect from election day. Donald trump is campaigning in philadelphia and Hillary Clinton is in florida. Trump sees bombshell potentially new emails from private server. Hillary is the one who broke the law