so we are only at midyear, and we are actually rolling out a lot of changes to our data reporting system. so we anticipate and will work with our c.b.o.s to try to increase the number of clients with the sexual orientation data. they actually have until august of 2019 to get this data in, so it's a little brit incomplete t midyear, so we anticipate these percentages to change when we look at the full 18-19 data. [please stand by] >> so we anticipate again these percentages to change at year end. here are some additional terms for gender identification, in addition to the standard ones that we collect. i also want to point out that we have partnered with sfusd to collect sogi data from youth in middle school, high school age, and also transitional aged youth through our youth surveys. these are anonymous surveys, but we do ask questions on sexual orientation and gender identity. they look a little bit different then the ones in our contract management system, and that is because we worked with the school district to determine which items to include, and they are the same items that are on

to midyear we spoke in good faith and. you need anything just said no we don't want your magician. was sent ok we form. a council of independent people they said no. they didn't agree to this the university. would like to explain just clarify points we're not complaining just clarifying. end. zone known as a place called is unknown. yet when he when he came to speak at the airport they. shut down the microphone we said why they say this is a people's conference. so was it a popular conference or is it national conference they say this is a popular conference is not. ok now we are in the military council we want sudanese revolution that is. national and petry or take people who are not politicized or without any hidden agenda. it is the way you want the citizen to act in a way that receives satisfactory agreement that is agreeable to all the sudanese people. ok this is not a threat there are things you have to say we are responsible and we have to take the responsibility as a transitional military council we have to protect the citizens the people the property and protect the law wi

they actually have until august of 2019 to get this data in, so it's a little brit incomplete t midyear, so we anticipate these percentages to change when we look at the full 18-19 data. [please stand by]

staff will be informed around midyear.oming up next, we will update you on the elections in spain. ♪ paul: it is 8:30 a.m. in sydney, there is smoke over the city. is 90 minutesn away. i am paul allen in sydney. sophie: i am sophie kamaruddin in hong kong where it is 6:30 a.m. let's get to first word news with paul. paul: sri lanka has been face coverings, preventing muslim women from wearing the veil. it is in response to the easter sunday bombings. the government blamed the bombings on an islamist group which says it had foreign help. the prime minister has admitted the attacks could have been blended -- could have been prevented if agencies had acted on known intelligence. interest rate cuts are only a matter of time after last year's series of hikes. the bank's next policy meeting is may 9. any action will depend on oil prices are in if they stay high, rates will be unchanged. the bank has yet to reverse 175 basis points of rate increases with swings and global growth -- in mobile growth. many carried yellow umbrellas

this fiscal year, there will be fewer individuals trained because of the midyear start. thank you, and i would be happy to answer any questions the commission may have at this time about the training program. certain certain tha . >> president serina: thank you. commissioner? >> yeah. the training program will encompass multiple training levels for caregivers and unpaid staff, so are some of these members not paid, like family members? >> no, it's not training for respite care workers. these are people that would be hired in the community. >> okay. so it's all aimed towards people that are paid? i was curious about that phrase. and then, how do people learn about this program? >> well, self-help, we'll be doing outreach within their community in particular because it is the asian and pacific island community, they have a pretty brought reach, and they also have programs that can feed into it internally. >> it's not a problem of not filling -- >> no. i anticipate it's going to be very successful. >> okay. thank you. >> thank you. >> i know

they say no midyear rate hike. give a solid forecast for the end of the year, but it doesn't appear they are expecting any real fluctuation in some of those key interest rates. guy: why is goldman stock down 3% when the numbers were better than the street was looking for? romaine: they had a big miss on the equities side. that was sort of expected come about a lot of people weren't expecting the down tick in investment banking backlog. that caused a little bit of concern. the goldman sachs called did wrap up. the executives trying to sound a more upbeat tone. they specifically said they will have catalysts for future growth. they didn't pin a number to that growth, but they are trying to talk at this idea that sentiment has improved and some of the issues that weighed on the equities trading business and the investment banking backlog are going to rectify themselves. again, not really giving a timeframe, but sounding a more upbeat tone. vonnie: on that call, did the executives give any more detail about the versifi

with this additional funding being appropriated midyear we'll have an additional 14 beds available for us to access for our highest priority patients. we also just recently -- and you had seen it in your director's report but have submitted to the board a resolution requesting to accept and appropriate about $3.1 million in state funds. these are funds that came in the governor's budget and the focus of those funds will be to improve our outreach capacity to individuals, expand homelessness and provide infrastructure to support the city's healthy streets operation center which is the collaboration between departments to respond to calls from the public around homeless individuals and street behavior and give us capacity to engage patients who are in psychiatric service at the campus and connect them to follow-up care. lastly, as you know, we opened an additional 15 beds at the humming bird program at the campus of zuckerberg san francisco general. there's lots of things happening budget wise and lots of new investment we think will allow us to move the needle on some of these activitie

in midyear last year, it was all about production. their limit to sell cars was about production.t's just waning demand. they are not producing more cars because they simply do not have the demand, and if that continues, which we expect it will, certainly in the u.s. -- we will see have demand goes in europe and in china, but there is a way of of competition coming from around the globe and especially in china, competition coming to market. as that competition comes online, right now, it is as good as it gets for tesla. they are selling in a vacuum. there's not that much waningtion right now, so demand going forward, selling with that competition, they will have more of a cache problem if they cannot generate revenue and cannot generate the profitability, the problem gets worse. they probably should have done a capital raise this quarter. they definitely should be doing one in the second quarter because they will need that cash. airline: at the moment, we have caroline:n tesla -- as a moment, we have 14 sells on tesla. we thank you. , an agreement reached. jeffhe split will affect

as a result, europe can pick up normal rate by midyear.n for the prospect of european equities, sharon? a lot of the work you have been doing is on the dividend advantage particularly with bund yields as they are. but cannot change as the bund yields start to rise? sharon: they would have to start underperforming equities which is what we would expect over a time. of this probably not a huge expectation of those assets. -- there is probably not a huge expectation of those assets. it is not risk-free like a european bond. but as growth starts to pick up, then i think you will see the gap narrow. nejra: and one thing that you point out is that companies are generating more cash for each unit of earnings as well. my immediate question was, if the capex requirements are falling, are they not investing enough for future growth? sharon: that is a fair question. even something the public debate is grappling with at the moment. is and say that accounting pleasure. it does not include things like the expenditure arm, research and development and te

let's start july 10, 2015, the fbi opened a criminal investigation, code name midyear exam into hillary clinton's handling of classified information on that private server. september 2015, obama's ag, laredo lynch asked the fbi director comey to refer to the investigation not as an investigation, but a matter. on march 4th, 2016, top fbi officials strzok and paige are texting about their utter contempt for donald trump, one time calling him an 88. a saying that clinton should win. 100000000-0. and that we are smelly walmart voters of trump. and in march 2nd, may 2nd rather of 2016, comey, strzok drafting a letter exonerating hillary, changing the language from gross negligence to extreme carelessness, what it -- which is a is not before they investigated hillary coming in on june 27, 2016, that's when lynch met bill clinton in a secret meeting at a private plane on a tarmac in phoenix. july 22nd, 2016, 2 months after the beginning of the exoneration. other key witnesses, hillary clinton finally interviewed by peter strzok who hates trump, and other fbi agents. in july 5th, comey exonera

we are reviewing all the contractors to see who is not complying, and we are providing midyear reminders to say this is a requirement, and don't tell us at the end of the year you haven't done it. keeping an eye on where we are seeing compliance and that. and then a couple other departments have mentioned the issue of lingering concern with certain eligibility workers or front-line staff, or others who are not just accustomed to asking these questions, frankly, and it is a culture change, and it is giving them the training and the support to be able to know how to respond to one questions are asked about these questions, and to be able to say , look, you know, years ago there was other ethnic data that was not asked or people felt uncomfortable, and as a society, we move on and start to make this normalized. i it is really important to continue with that message and continue to bring in experts that provide that training and support so that our people feel comfortable with their own staff as well as with our contracted providers. we've instigated sogi data collection into all of our trai

the impact a little bit bigger, though, big picture because they had planned to increase by midyear.nse. the plane is grounded. you have great uncertainty. they were actually having difficulty finding places to .ark these things time will tell. if this continues for more than a month or two, i think it could be more significant. caroline: who is going to pull back most? who do you think predominantly is going to put off? big question, and a lot of it depends on factors that are hard to gauge right now . there is a lack of confidence in the public. regulation in china, which essentially revoked their certification for the plane. it could become quite for perspective, when there were issues with the 787, things returned to normal quite quickly after there was a cooling-off period. romaine: we are seeing supplies really fell off after-hours. they really depended on boeing for about 75% of their revenue. these suppliers have been ramping up with regards to hiring, getting supplies ready for what they thought would be an increase in number of planes. joe: implied leverage, expecting an in

recovery into 2020 but i think the fed is done for now unless you believe we are going to see some midyearhe u.s., but inflation move up. i don't see that happening. i think the fed are done in terms of rate tightening. anna: do you see a recession looming? neil: i think we are some ways from that. it is interesting the new york fed have had a recession probability indicator based on the treasury spread. yesterday, increase the probability of the recession. something like 27%. it is typically around 40% on their indicator that you get a recession. we looked distant from that. we are seeing slower jobs growth, but not to any degree yet that would signal any major concerns about this stage in the american economy. matt: which sovereign bond market is most vulnerable to a reversal? neil: all the sovereign bond markets are pretty much in sync. what is interesting is what is happening with the eurozone and japanese bond markets. we've got ecb policy meeting tomorrow. the data has been uniformly bad, given that core cpi inflation is edging further away from the target. also more bank liquidity,

beginning in january, and culminating in midyear, winston churchill faced increasing disgruntlement with his leadership culminating in a vote of no confidence in the house of commons. when the primary indictments for the leadership was hit too many other responsibilities, as a national leader to give them adequate time to hold the reins of strategic direction of the war. churchill survived the vote, but he did not immediately eliminate doubts about his leadership. at the same time, across the atlantic, in the u.s., the leading newspaper, the new york times, stepped away from its customary support for the administration on june 25, 1942, published an editorial that called for president franklin roosevelt, effectively, the delegate his constitutional role as commander in chief to a senior military or naval officer, who would then conduct with the newspaper called quote strategic planning and general strategic direction, unquote, of the war. on july 9 the times carried a bylined article from washington saying the depression was not whether he should delegate his role but which officer exact

i think you have to hold them at their word and it could be a real bad thing to happen midyear. >> 1.2 billion of daily economic activity would grind to a halt should the border be closed. on top of that, you mentioned usmca which is not a potential auto, and there are other trade wars brewing and what can all these things do collectively to economic growth. >> agree i don't think the market is pricing in any of that so let's be clear the market is not each really staring down the barrel of auto tariffs. it's 2% off its all-time highs and has taken back the concept that we don't believe this is going to happen and it's jawboning and yes, if it does happen there is a substantial inquiry. >> here say conspiracy theory. >> i love this >> interesting how larry kudlow is okay with a 50 basis point cut on the fed to make sure that economic growth can continue in the face of all of these potential obstacles. >> but then today he backtracked. he said he was misquoted >> we'll have to pull the tape >> i was sitting on set with larry. >> we asked him about a 50 basis point cut. >> so paving the

say he accusedts with staffompetence, to be informed around midyear.gnored aer they no-confidence vote against the ceo. top investors are frustrated with the decision to back him and his strategy that led to the $63 billion month santos takeover. has lost lost -- beyer market value related to lawsuits alleging roundup causes cancer. the japanese government and nissan have refused to been -- to engage in conversation with renaud. -- renault. carlos ghosn had been seen driving the companies toward a merger when he was charged last november with financial misconduct at nissan. of what toreview watch in markets later this morning. the banking space certainly is focused. results due out this morning. in china after agate bank's results, we will get results from ccb. check, given china's push into credit in an attempt to boost the rural sector as well as private businesses. earlier we had david marshall liking concerns about -- flagging concerns about the industry. we also get numbers from china eastern and seen opec -- sinopec. we will see how the company f

was told then review could see cuts at the investment bank with staff to be informed around midyear.hong kong's banking sector is seeing an unusual spurt of recruitment at the virtual banks. lab, one of them will double the hong kong headcount to 200. it says it's venture needs needs to boost and bring in another 40 people headhunters say developers as well as risk and compliance officers are the most sought after skill sets. yvonne: let's take a look at some of the market moves here at the moment. earnings front and center. we talk about the singaporean banks. dvs leading the way when it comes to earnings. we have the ocbc report later on. let's have a look at china, some big movers there as mall in terms of the phar stock up 7.5%. shanghai international airport also has an earnings story. moving up and down across, a very quiet start to trading across the region in the asian pacific. yvonne: gives us time to look a little bit more at the battle of the charts. yen and rallies in the we focus a little more on the hang seng as well. this is bloomberg. ♪ battle ofme for the the charts.

. >> what keeps traders from bringing the register midyear here take it and run. >> sell in may and goll have some of that happen this year it has been a great first quarter for risk assets. certainly as we look into the second half the year and into next year, there are a lot of head winds out there political issues that are out there. revenue growth hasn't been particularly great earnings growth has been great but one thing you can't change is revenue so you really have to start looking at revenue growth as the key to this market people are looking at eps as the barometer, but going forward, you have to start concentrating on revenue growth. >> we should say, you've been warning, you've been on the bearish side for a while and you're opening this new credit fund and expecting some real issues. >> yeah. i think there is issues in the marketplace and credit we look at the credit as now cyclical, right? posted a business cycle that used to be out there, we now have credit cycles and bubbles that materialize and certainly if you look in the credit space, there are -- there is a couple of

levels and the new viewpoint for the fed, 2.5%. 5.2, would have thought we would be there almost at midyearack down over the course of the last couple days. >>> let's start this hour with a look at some of this morning's key earnings movers. we were just talking about comcast. but the big one affecting the dow today is dow component 3m, posting revenue and profit that both came in below what the street was expecting for the first quarter. 3m announcing a restructuring that will see it cut 2,000 jobs worldwide. that stock, as you can see, is off by 8.5%. decline of almost $18.5. that alone is set to knock 130 points off of the dow this morning. check it out, dow is now implied to open by 134 points. 3m alone entirely responsible for what you're seeing with the loss of the dow this morning in fact, the nasdaq is indicated higher up by 25 points because of help coming from both microsoft and apple and 3m is offsetting the strength in microsoft sharing in the dow comcast posting mixed results for the last quarter that was above of what the street was expecting of 68 cents a share. revenue fell