oakland port commissioner instead of butt inner and bryan parker and deputymary sandra sum sum. so, that was wrong sorry. mayor khan, you are going to have do me better on that. so, now, for a look at the economy and financial markets broadly and also, drilling down into the region we are delighted to have tim quinn lynn an economist with wells fargo securities to she had light on what the future hold tim quinn lynn provides analysis on financial markets macro economic developments in the mainly economies in the world he writes for wells fargo monthly economic reports these are great report if you get them by-the-way, and provides regular updates on industrial production, business spendings and manufacturings and tim has flown across the country to be be us and so we are so delighted and so please welcome from wells far go tim quinn lynn economist: . >> thank you very much for having me here today. i have got about ten minutes to spend with you and in that time, what i would like to do is sort-of describe some of the big challenges that you the united states economy faces right