with em in general.ot everything in em. we are coming to a tighter level right now. the big thing next year will be differentiation. one factor will be politics. you have the big value opportunities in local markets. a lot of countries are beyond 10% of the yield. the election will matter. it will differentiate winners from losers. jonathan: i'm assuming you share his confidence around emerging markets? bob: i do. by the way, i'm impressed with the way china policymakers have handled things. we want them to rein in credit a bit. we talked to about how they snuck in a decorative rate hike on the heels of the fed. they are doing all the right things. if they are doing the right things, and you got this stimulus coming out of the developed central banks, you are going to have a pretty good environment for emerging-market debt. jonathan: i believe a number of years ago they delivered a rate hike on christmas day as well. bob michele, pierre-yves bareau, thank you for joining us. next up, we have a look ahead

em has done very well. as central banks are telegraphing what they are doing, we need to keep in mind they have balanced the books a lot. jonathan: where do you have the most conviction around em? surprising things for a lot of people this year might have been emerging-market europe, eastern europe. latam not great, southeast asia mixed. how are you looking at things regionally? pierre-yves: we see three big opportunities next year. we think high-yield in emerging-market. we are more or less away from the 10-year average. that is the value trade in our portfolio. we are targeting the countries where there is upgrading. south africa is part of that, and central america as well. the second opportunity is countries that are growth related. central europe and asia. we think that carry will be more of a challenge next year. carry will be less appealing. but gross is the central case. jonathan: in terms of the sector breakdown in credit, a story is technology. technology in emerging markets is something people mi

why is that not let the em -- bled to em?yves: there is tightening, more defaults, everything that is good news because leveraging is finally happening. china is rebalancing into the newer sectors we were talking about. rebalancing from the supply model to a demand oriented model. consumption is now 70% of gdp growth in china. better footing the people think. jonathan: i should be bearish on old economy china exposure? pierre-yves: china is a big factor for em. inmates is comfortable with em in general. not everything in em. we are coming to a tighter level right now. the big thing this year will be differentiation. one factor will be politics. you have the big value opportunities in local markets. a lot of countries are beyond -- the election will matter. assuming you share his confidence around emerging markets? bob: i do. i'm impressed with the way china policymakers have handled things. we want them to rein in credit of it. about how theyer snuck in a decorative rate hike on the yields of the fed. they are doing all the r

why has that not bled to em?e-yves: there is tightening, more defaults, with it is good news because leveraging is finally happening. economy rebalancing its from the old economy into the newer sectors we were talking about. rebalancing from the supply model to a demand oriented model. consumption is now 70% of gdp growth in china. that is the reason why, with those two drivers, china is on much better footing the people think. jonathan: i should be bearish on old economy china exposure? pierre-yves: china is a big factor for em. being a more optimistic on china makes us comfortable with em in general. again, not everything in em. we are coming to a tighter level right now. the big thing next year will be differentiation. one factor will be politics. you have the big value opportunities in local markets. a lot of countries are beyond 10% of yield. the election will matter. jonathan: i'm assuming you share his confidence around emerging markets? bob: i do. by the way, i'm impressed with the way china policymakers

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here in san francisco that are being developed that in my opinion -- and i love ems 6. i think it needs to grow, but it's a program that we also inherited because another department -- i'm not picking out any particular department, but other departments in this city weren't doing the job they should have been doing, so now, we're doing these jobs, and i think we should be doing this job, but does our budget reflect it? so i'd like more analysis around that particular issue because i don't want to go back to the mayor's office and ever have to hear that we have to reduce our budget. also on the issue of resources, where are our resources being spent? are there outliers on our resources? the homeless in san francisco or that population is an outlier. we're going to see that in the next few quarters, i anticipate, because we're now doing a better job of trying to understand where resources should be going, but these are questions we need to be asking in the new year, so when the mayor asks us to reduce or budget, we can say well, mr. mayor, madam mayor, whoever it is, we'r

i was kicking these kids' ass, punching 'em, slamming 'em, biting 'em too back then. ( laughter, applauseheadlock too tight? right? you got that later. argh! ( laughter, applause ) where do you get that from? because there are actors who do this for three decades, and they can't own a stage like this. i was just really determined to do it. harvey:and it's really this life story, unvarnished, telling the truth about your life. by the time i was 12 years old, i was arrested over 38 times. you know how it is. the juvenile detention center was like "cheers." there, everybody knew my name. - ( laughter ) - no, really. well, you have to laugh. you don't laugh, you cry. i realized sometimes you have to show, like, the bad sides of your life, sometimes things that don't go so well, that goes well with everybody else but just with you, it-- it doesn't make it. it is now the judgment of the court that you are guilty of possession or use of narcotic drugs, a class 4 felony, and you are placed on supervised probation-- you have had issues with drugs and alcohol before... - yeah. - ...and sobriety is

>> seth: i'm guess you'd say, "leave em' alone." >> leave em' alone! somebody, make fun of me. make fun of the fact that when i got married, i took my wife's name, her first name. so now my legal name was beverly beverly. >> seth: what was your name before that? >> susan beverly. >> seth: okay. [ laughter ] wow. >> need some more material? >> seth: no. >> well too bad, so sad. leave em' alone. because i got more. you could make fun of the fact that i pee a little bit every time i cry. and i cry a lot every time i pee. [ laughter ] or you could make fun of the fact that the reason the -- they announced the walkway is about to end, because every time i step on one i scream, "dear god, when is this ending!" [ light laughter ] or you can make fun of the fact that my nickname is miniballs. but it's not what you think. it's because i have tiny testicles. [ laughter ] or you could make fun of the fact that i lost my virginity when i was 24. and it came back when i was 31. >> seth: alright, that's enough. you can just sit down, sir. >> alright, i'll sit back d

so outside of the inflation, just the department and ems the department has now as compared to what it had originally was far greater than what the original amount was. and that's something we're continuing to work with, as we haven't seen call volumes slow down at all, we continue to work with the mayor office in response to that, in order to provide an adequate response time. we need to be properly resources from an ems perspective. >> and if i could mention quickly, that's an excellent point, but whether ems was a part of the department of health or the department, that growth would have been there any way. so if it was still in the department of health, that would be in the department of health budget, and i want to make sure that we have received that growth as well because we have taken on this -- and i believe that obviously, we -- it's natural. it makes sense that we would have that. but i want to make sure we get the budget that reflects that growth. >> and then, just in general, we do look at, and part of the budget committee, part of their work is to service different areas

that's a thing you don't want to tell a man who chases young girls, go get 'em, roy! go get 'em! applause ) and you know what's funny in all this disgustingness is that earlier in the race trump doesn't even endorse roy moore. back then roy moore's reputation was a bible-thumping defender of christian values. then the sexual misconduct comes out and trump's, like, my man! america, huh? this guy (bleep), am i right? yeah! ( laughter ) if you're the republican party, what do you do in this situation? do you go with trump and his pedo-pal? that's exactly what you do. >> the r.n.c. has jumped back into the race in support of moore. >> i support him and will support him. >> regardless to have the allegations? >> that's correct. >> do you believe judge moore should be in the senate? >> i'm going to let the people of alabama make the call. >> trevor: ba-ba-ba -- you can see mitch almost choked on his puke there for a moment but then remembered who he was, ba-ba-ba -- the pouch is for holding the vomit for all the decisions he makes. i realized that essentially donald trump has set the r

i know in my heart that you are already at a tee box, so hit 'em far, hit 'em straight. >> thank you. anything else, commissioners? is there any public comment on this item? okay. seeing none, we'll move to item 3, board consideration of the minutes of the december 6, 2017, meeting. >> unless we have changes or deletions, may i have a motion? >> so moved. >> thank you. any public comment on the minutes? seeing none. we have a commission from commissioner lazarus to adopt the minutes. >> vice president fung: aye. >> commissioner swig: aye. >> commissioner lazarus: aye. >> commissioner wilson: aye. >> president honda: aye. >> adopted. this is to discuss and possible action to approve procedures for selecting an executive director of the board of appeals. i have informed you that i plan to retire next year and that i edge occ-- encourage you to takn the recruitment process and get someone in place to support you and the efforts and work of the staff at the department's office. i have some suggestions for now you can move forward with that process. and we also have heather james here from

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remember, in em's, what you have this china and asia and the ro ad.ina is doing in asia is nothing short of phenomenal. when you look at political uncertainty, egypt and much of africa, turkey, the real story of emerging markets is in asia, and asia is keeping up. look at all the countries which are strongly integrated into china's economy, they are doing extremely well. the debt side, of course, is perfectly understandable. record low interest rates on a global basis, they can tap the liquidity.or mis, enormous rich in terms of pricing, but they are benefiting from historically low interest rates. >> what about the soft dollar? how does that play into the em rally? >> that is the interesting thing. 'part of the reason ems has struggled historically, if you go back in history, as the markets have grown, what ends up happening is that emerging-market sovereigns continue borrowing big-time in dollar denominated debt. as the dollar strengthens, that is where they struggle, because revenues are coming in. what a lot of the em countries have managed to do

we pour 'em! we pass 'em! we pick 'em! delicious fun for everyone.iatures are mine, yours, our chocolate. yours, and i am a senior public safety my namspecialist for pg&e. my job is to help educate our first responders on how to deal with natural gas and electric emergencies. everyday when we go to work we want everyone to work safely and come home safely. i live right here in auburn, i absolutely love this community. once i moved here i didn't want to live anywhere else. i love that people in this community are willing to come together to make a difference for other people's lives. together, we're building a better california. we are the driven... the dedicated... the overachievers. we know our best investment is in ourselves. we don't take no for an answer. we fight for what we want. even for the things that were once a given. going to college... buying a home... and not being in debt for it for the rest of our lives. but we're only as strong as our community. who inspires and pushes us to go further than we could ever go alone. sofi. get there soo

uh, hold 'em up again. if--if you're the young lady that owned these, please contact dr.> yeah, yeah. >> please, don't. >> [laughs] [mellow music] ♪ >> one of my favorite parts of the car, of course... >> yeah. >> is this. see. the fungus here... >> oh, yeah. >> that adds a lot of aerodynamics. >> and the nice thing is, if you breathe enough of this in, you'll be dead in six months. >> exactly. >> it is fascinating how the hobby changes. 'cause 25 years ago, if you showed up with this with a show, they'd kick you out. >> yeah. >> now you can win the show because it's a nice original, unmolested car. >> yeah. >> well, uh, congratulations on having an understanding wife. >> [chuckles] >> that's--i don't even want to put the dirt on my finger 'cause i would probably lose $2,500 with--that's dedication. >> that's-- that's a tetanus shot right there. >> cool, cool. >> [laughs] >> coming up... >> it's got so much pull. >> patrick dempsey drives really close to our camera car. [engine revs] >> [laughs] >> wow, right on the edge. [engine revs] [mellow funky music] ♪ >> the car i'

tell people you love 'em.all for this edition of "dateline." we'll see you again next friday at 9:00, 8:00 central and of course, i'll see you each weeknight for "nbc nightly news." i'm lester holt. for all of us at nbc news, goodnight. >>> the very first snow of the season hitting hard in southern maryland and the eastern shore if is moving our way tonight. we have seen cars spun outn

"go get 'em, roy" said the president. new split on the candidate one week to election day. >> frankly, the idea that our president is above the law is nixonian. >> the president's legal strategy causing widespread confusion, even his own lawyers no the on the same page. >> you're reopening wounds on them too. enough's enough. stop playing around with the -- people's lives. >> and billy bush venting in his first public interview since the access hollywood tape went public. what he says about the president. welcome back to "early start" everybody. i'm dave briggs. >> i'm christine romans. nice to see you all. let's begin those stories in h a moment. but first breaking right now in southern california, a rush to evacuate as a huge deadly wildfire rages out of control. now nearly 8,000 homes under mandatory evacuation. this is the scene right there. this is just north of santa paula. the fire officials say the flames have burned about 25,000 acres. >> more than 260,000 customers without power, skol distributes announcing clos

tell people you love 'em. that's all for this edition of "dateline." we'll see you again next friday at 9:00, 8:00 central and of course, i'll see you each weeknight for "nbc nightly news." i'm lester holt. for all of us at nbc news, goodnight. >>> right now on nbc10 news at 11. the first snowstorm of the season is here. and it will impact your weekend. the salt is ready. break out the shovels. this is a live look at the j r see shore. the board walk in ocean city has a thin layer of snow. and checking the roads live in delaware. the snow starts to stick across the delaware valley. we're tracking snow on this friday evening. we have a team of reporters spread out in pennsylvania. new jersey and delaware. giving you a live look at what's happening now. we begin with chief meteorologist tammie souza with the timing of the heavy snow. >> already in places like south delaware and part of jerse

tell people you love 'em.all for this edition of "dateline." we'll see you again next friday at 9:00, 8:00 central and of course, i'll see you each weeknight for "nbc nightly news." i'm lester holt. for all of us at nbc news, goodnight. breaking news in san francisco. 29 people hurt after a bus crashes on highway 1-0-1... traffic backed up for miles, and news in san francisco. 29 people hurt after a bus crashes on highway 101. traffic backed up for miles and victims rushed to the hospital. we're live at the scene. i'm terry mcsweeney, raj and jessica have the night off. we start with the breaking news. a terrifying crash on highway 101, a bus headed to a party on the peninsula crashes overturning onto its side.

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