Today. Our road map begins with Global Growth concerns. China posting the weakest gdp in 27 years aed my fallout from the trade war. Well wrap up the first week of earnings season, two names in focus, coke and American Express, both rallyi ining aheaf the bell. Rick perry set to leave trumps cabinet. He will join us live this hour going to start with that slowdown, china saying the economy grew 6 in q3 from a year ago, believed to be chinas slowest gain in nearly three decades. Markets here largely shrugging it off Industrial Production was up from the prior five to 58. Retail sales up from 75 back to 78 so kind of mixed. This one we can say, look, there is something for everybody. Fed can still cut. But im doing a lot of work on American Express this morning. Consumer is still strong consumer strong, business, corporate spend, as barry said, still a lot of negativity among ceos, extends to the election, negativity extends to china, european woes. Go back to the ibm call, we didnt talk
We think investors are contemplating today. Netflixs ability to raise price in lieu of rising competition. You saw evaluated churn in this quarter from price increase, as well as its ongoing need to invest in content. The Company Called out their inability to mute their subscriber estimates based on what was seen to be a weaker content slate. So to ask that shows the need to continue to invest heavily in content. Do you think price hikes from here on out are just going to be too hard to do we dont think theyre too hard to do, but perhaps the magnitude we saw in that quarter wont be as large as we move forward and the time between the next price hike might be a little bit longer. Or maybe, john, as one of your sellside colleagues said earlier in the morning, maybe you dont do a price hike in a contentweak quarter yeah. I mean, that was the thing about it like, if you look at it, netflix has beaten 10 of the last 14 quarters, but missed three of the last four years, and two of those year
The so it is, is there, is there a gym to you . That is 3 am in dogs. Away is really strikes a pounding that you probably a refugee camp. Thats in northern garza, residential areas. And shelters for displaced people i believe to have been targeted at several people. The fed dead and many a trapped under the revel. At least 8 children were killed. The attack on a home, israel had left you probably most of northern guns are in ruins during his previous minutes. Results and processing is were just beginning to rebuild the lies with little food or aid. Well, israel has now ordered civilians to evacuate to probably and basically here in northern garza, but they have never safe left to go houses or as my thoughts salut display residents affected by some of those is ready tanks in northern gauze. This is ready for us to serve as a residential house and this i and this is one of the is the way to talk this piece about so maybe system or whats really shopping is there about 11 barrel sons still
Line up to the west side of the chamber along the curtains and not necessarily to provide Public Comment we invite you to fill out a comment card and leave on the trail by tray. You may submit Public Comment in writing, email to myself the Budget Finance Committee clerk at brent. Julipa sfgov. Org. If you submit Public Comment via email you will be forwarded to the supervisors and also included as part of the official file. You may send written comments u. S. Postal service to our office at 1 dr. Carlton b goodlett place, room 244 San Francisco california 94102. Finally madam chair, items acted upon today are expected to appear on the board of supervisors agenda of may 7 unless otherwise stated. Madam clerk. Thank you mr. Clerk. Typically with those items with budget legislative analyst report, we have presentation and then the budget legislative analyst and questions and Public Comment. With that, mr. Clerk, please can you call item 1 . Yes, madam chair. Item 1, ordinance amending the
Gov tv. Please make sure to silence cell phones and electronic devices. Should you have documents to be included as part of the file submit to myself, the clerk. Public comment will be taken on eachetum. When your item comes up please line up to the west side of the chamber along the curtains and not necessarily to provide Public Comment we invite you to fill out a comment card and leave on the trail by tray. You may submit Public Comment in writing, email to myself the Budget Finance Committee clerk at brent. Julipa sfgov. Org. If you submit Public Comment via email you will be forwarded to the supervisors and also included as part of the official file. You may send written comments u. S. Postal service to our office at 1 dr. Carlton b goodlett place, room 244 San Francisco california 94102. Finally madam chair, items acted upon today are expected to appear on the board of supervisors agenda of may 7 unless otherwise stated. Madam clerk. Thank you mr. Clerk. Typically with those items