Jack ho. Markets under pressure, one of the lead stories in the joint venture nail thijournalthis mor. 62 points bother on the dow futures, s p down a 5 and nasdaq lower by 28 right now. Youve got the u. S. China trade, officials from both countries working toward a phone call this week as the chinese Vice President is taking a swipe at the u. S. , saying the world cannot shut out china. President trump commented on the negotiations yesterday. Watch this. Were doing very well with china. Thats right. Most importantly, were doing very well with the tariffs. Weve taken in billions and billions of dollars from china. Weve never taken in 10cents from china. Right now, chaff i china is noty happy because thousands of companies are leaving china and theyre going to other places, including the United States. Because they dont want to pay tariffs. Maria joe biden weighed in on the trade talks, speaking in South Carolina yesterday. The former Vice President acknowledged china is a problem but s
Like on the traffic maps. Its spilled over onto 242 into the concord area. Will no doubt reach highway 4 shortly. You can use mass transit. B. A. R. T. Is a good option or you can also use Pleasant Hill road to get around this. Well talk more about this coming up in just a few minutes. Onto the breaking news in the south bay where a long overnight standoff is now the scene of a homicide investigation. Five people including the suspect are dead. San jose police are surrounding a home on Habbitts Court near cramer circle. Thats where we find abc 7 News Reporter jobina fortson. Reporter re and natasha, it appears all four victims were shot and the suspect as well. Police are investigating this as a quadruple murdersuicide. Is i a dastating situation for this community. The home involved is actually around the corner, but police have completely blocked off this area of Habbitts Court. Police dont have a motive but are interviewing people right now. Im told there were several people inside
You get people saying, well, but the increment to china gdp is so large that ive been trying to use National Wealth as an alternative indicator. Its hard to we have a great series. If you want to know how the u. S. Economy is doing, look at the Federal Reserve series on net National Wealth or net worth of households. Its more informative than gdp. Its hard to do that for some other countries, especially large countries like china. If you use their data, they say from the end of 2013 to the middle of 2018, chinese wealth grew 26 to near 52 trillion. Thats a 4 1 2 year period. In the previous fiveyear period which included a chunk of the financial crisis, the larger chunk of it, the chinese wealth grew 130 . Not my data, right . You might say im biased, trying to find chinese stagnation where i look. They do this independent of me. I send them emails all the time. 130 in the previous five years, 26 in the last 4 1 2 years. Thats more like whats happened to the chinese economy than the of
One oh one saw keep tracking that but as i zoom out you can see to 80s just wide open. So that is a Good Alternative and i just got word of a major accident here as you leave the sun all great southbound 6. 80 south of and roddy just getting word of a crash blocking the 3 left lanes we dont need this because it was already heavy out of dublin now you have 3 lanes close so its going to be a tough commute, ill continue to track this and ill take a look at bridges coming up and a bit for backup. Im talking whole lot of tough today in the Weather Department as well were going to see a heat advisory issued once again by the National Weather service. And you could see why its so sunny, so clear here in San Francisco, this is our south the market camera and its already in the 70s so that in the 70s here in San Francisco, you know it is going to be a scorcher into the afternoon, 73 if youre just now waking up with us in concord 76. Already an antioch at this hour right now 70s continue in the
In the 50s and 60s right now san mateo at 58 conquered in hayward each at 60 degrees with oakland at 61 degrees right now nevada in petaluma up in the north bay in the midfifties now take a look at these temperatures remember were at yesterday because this is a big drop in temperatures concord is 15 degrees cooler hayward san jose in livermore each down 13 degrees, San Francisco down 12 degrees from the same time 24 hours ago, theres your fog hanging hour right above San Francisco, some morning fog and in the 50s were at right now by noontime today, mostly sunny skies already starting to clear out 60s and 70s and were still hanging on to the 80s for inland areas this afternoon. Hey that sure beats 100 degrees if not warmer than that were at just daysgo, im talking more about what to expect for the rest of the weekend eventually the weekend to head to still to come robin. Thank you john starting off with a strain we have pg e crews on scene in the livermore area theyre dealing with a ma