On the social giant for less. The action begins right now. Lets get to it. With the fed rate hike on the table could utilities and staples be in trouble . Dan, what do you think . Could be. Were seeing interesting action today on a day we said fed fund futures pricing near certainty about a rate increase on march 15th and see the dollar retreat the way it did. Its not something you might expected here. You look at utilities and they kept pace with the s p and it doesnt make sense. Theres been a lot of back and forth about valuations in the stock market. Let me tell you relative to their growth, if you x out the yield this is an expensive sector. If we do go into a rate hiking cycle that the sectors like utilities ive been very perplexed by the pricing of utilities as a group. Utilities when youre buying stocks like this, youre selling puts by buying them, you have a regulated industry, the upside is limited. The biggest pressure utilities face is when you have things like an industrial
Giant for less. The action begins right now. Lets get to it because with the fed rate hike on the table could some of the hottest trades of the last month, namely utilities and staples, be in trouble . Lets get in the money and find out. Dan, what do you think . Could be. Were seeing a lot of pretty interesting action on a day that we saw fed fund futures pricing and near certainty about a rate increase in, you know, on march 15th. We see the dollar retreat the way that it did. Its not something that you might have expected here. When you look at sectors like the utilities they have really kept pace with the s p and it doesnt make a whole heck of a lot of sense. We see theres been a lot of back and forth about valuations in the stock market and let me just tell you relative to their growth if you x out the healed this is a very expensive sector so i would expect if we do go into a ratehiking cycle that the sectors like utilities will cool off. Ive been very perplexed about the pricing
Tonight. Patchy fog until early morning. Periods of rain showers and slight chance of thunderstorms 3 3 roads are wet this morning watch for slick spots as you hit the interchanges as well as those on and off ramps. The i41 us45 sb will be closed at bluemound rd. Through the zoo interchange for roadwork. The i894 i41 nb stretch will be closed at greenfield ave. Wisconsin state Election Officials will meet later this morning to go over a possible timeline for a recount of the stted by Green Party Candidate jill stein. Cbs 58s Kyle Aevermann joins us live with a closer look at this mornings meeting. Kyle . The state recount could begin as early as thursday. Donald trump won wisconsin by 27 thousand votes. Over the weekend trump slammed the recount efforts scam. And says voter fraud kept him from winning the popular vote. Teting in addition to winning the Electoral College in a landslide, i won the popular vote if you deduct the millions of people who voted are concerned after reports tha
Scene. And the nhp trooper was given the all clear here and declined being taken to the hospital. For more about the actual shootings details. Lets send it over to mike doria whos also on scene with Team Coverage. Mike . Police this morning saying the bulletproof vest is def a troopers best friend. The trooper was struck in the badge there is pretty big dent in police. However even if struck in the bulletproof best that can still cause brusiing and or broken bones. Again the trooper was clearned here at the scene. Boulder highway between lamb and us 95 is closed in both directions. That is going to cross traffic troubles for the morning commute and anyone who works at boulder station. Cc to resume shortly good morning. Heres a look at your fox5 Traffic Solutions lets begin with your drive here are the accidents to watch out and alternate routes you can use listed on our maps here are the construction areas listed on our maps back to the news desk after a day of drier back into our area
The red cross is assisting 2 families after a fire overnight. The red cross says its helping 3 adults and 6 children after a structure fire near 29th and lisbon. No word started that fire or if anyone was injured. We will bring you more details as they become available. Tonight is the first time we will see Hillary Clinton and donald trump go head to head in a president ial debate. It comes on the heels of a Marquette Law School poll. Showing the race tightening in wisconsin. Fox sixs jenna sachs with what both sides are predicting. Their performances in the primary debates. Helped secure their partys nominations. Now comes the general election. As the two new yorkers prepare to face off monday. The mayor of new york. Is milwaukee. Go out there with all you got. Mayor bill de blasio is campaigning for Hillary Clinton. She has the most progressive platform of any Party Nominee in decades. De blasio says clintons challenge in the debate. Will be trumps unpredictability. You can prepare f