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Were talking about other cloud plays on the horizon the Halftime Report starts right now. Great to be with you on this friday, your investment committee, joer er ijoe, john,y young, senior Portfolio Manager with young and associates at morgan still is larry fink right . Are investors not being aggressive enough right here, serrat with markets on the precipice of a fed rate cut . I think right now its fair to say we are properly valued. I dont think you want to be more aggressive going to the markets. Earnings are coming down we have a lot of uncertainty stocks have had a great run, plus 20 there are opportunities. I like a barbell approach on investing, where theres growth and value but going full force into the market is a little scary. Theoretically if rates come down, doesnt that make valuations more attractive, more acceptable to have higher valuations youre factually ....
We have a mega deal in the oil patch. And is it the time to buy tech . Citis upgrading the global tech sector, suggesting a recent pullback might be a good opportunity. Well talk through that as well. Lets dive into the jobs number. As we said, 336,000. We were looking for somewhere in the 150,000 range, jim. Hospitality, up 96. Government, up 73. You cant stop this thing. Hospitality is very interesting because a lot of the people feel the travel and leisure bull market ended two months ago, and yet its just the analysts. Because whether it be cruise, hotel, restaurant, the numbers are great. And everyones just predicting, well, that cant last, cant stay this way, and its always the same litany. Its student loan, consumer strap. It hasnt happened yet. What youre seeing are numbers which are still indicative of what the companies are saying, not what the analysts said the companies are going to say. No gibberish here. This is this economy is so hard to kill. It really is. You know, do ....
To reiterate a point that president chiu made earlier as well as a few other speakers. We know anecdotally there are many stories of lbes being put in awkward situations, possibly being, you know, not in favorable positions under larger gcs and anecdotally we know that there are many situations like that, but we couldnt get them here necessarily to speak or put their name to paper. So, you know, just as the previous speaker spoke about possible retaliation with a project that hes currently negotiating with, we need full protection. It is very important to all of us. As agencies are hope gli going to be held more accountable, hopefully as we begin to mold policy and further developed, theyre going to be outliers and they may not want to follow the rules and so these policy breaker need to be called out. Please remember we do need the board protection moving forward. Before the next speaker, i want to just take a moment and mention i just had a conversation with our deputy controller and ....
I want to be under time. Okay. Well, i might go a little quickly. Supervisor chiu, supervisor avalos, my name is josh chen, [speaker not understood], im president of [speaker not understood] lbe subcontractor that does do construction. I just have a few points to make. One is about the agency the Department Needs to be held accountable. Just to give you a state of the union what is going on on the ground, ive seen some 0 requirement, 10 , some like goals. If they dont meet the goals, hard requirements. If they dont immediate the hard requirements. Were asking for a stronger lbe program, some repercussion for agencies when they dont meet the requirement or goal. Weve done work and oakland in other locales. Their lbe requirement is a hard 50 lbe requirement for local lbes of oakland. That gives you a comparison to inconsistency in ag is. What eric said, it is a good ordinance. It definitely helps lbes, but some time the bigger con ....
Socialists try to pick up the pieces after local elections marked by Record Exchange rate and aunt kristen and inroads by the far right itll be the topic of the force. All in. We share one slight she said hes not yet been found cross checking of data from satellites and off for a formal announcement from the malaysian Prime MinisterStephen Clifford exponents the light of the extreme anguish for the relative supposed to board flight twenty three seventeen the tales of the plains states finally begin to march dressed in black the malaysian Prime Minister expressed deep sadness. He said new data showed the plane went down in remote east west of perth. Malaysia airlines. Audreys room. All the passengers and crew. All the trees and on the adelaide star import and rel ....