That are doing some morning shopping just bundle up as you do so i know weve got those jackets scarves youve been wanting to get him out and that todays a good chance to use them at least this morning skies will remain clear all the way through the afternoon and really all the way through the weekend to no major changes there will be looking at dry conditions all across the west coast. Temperatures this is the biggest thing weve got to focus on san jose san mateo double in livermore all in the 30s right now 40s for Alameda Oakland and San Francisco. Look at some of these north bay taps petaluma youre below freezing at 30 degrees. Nevada of san anselmo and santa rosa each 32 degrees right now see at a pretty frigid start i got better news for your afternoon still to come. James and reyna all right, thank you john. Happening now after that big thanksgiving emails with but that might ask what did you did you have a big things got a little too much, but thats alright, lets roll out of a lo
Beyond. That first macro trends advisor mitch rishel joins me now, retailers were already offering deep discounts ahead of the start of the Holiday Shopping season despite all the advanced shopping, is there still some pentup demand . I think theres tremendous pentup demand, deep discounts went down into the summer and some retailers especially the division is offering them as black friday deals on fridays in july and august, tremendous pentup demand, i think its cabin fever, retail therapy, i think there is enough momentum to carry us through the holidays with the level of volume. Dagen is there enough money to curious into the holidays remember the extra money people were getting on their unemployment checks that expired at the end of july, is there enough money that people have socked away to really drive sales . I think so, you look at the savings rate which spiked in april and even has come down a bit, it is still two times the level of savings that americans normally do think abo
Shanghai composite, 3 10 of an percent of the upside. Lets have a look at what is going on currency wise. This is the dollar index. Not that much changed. Bitcoin. Oves is down nearly 2 at the moment. [indiscernible] thetocurrency left to 18,000 level. Citigroup causing a stir with a 300,000 plus estimate with regards to bitcoin. U. S. Dollar index pretty much unchanged. Stasis as weoil in wait to see what is happening with some of these internal squabbles taking place with members of opec, mainly the uae. Mitchell with the first word headlines. Early south koreas trade data shows exports extending their recovery. The yearose 11 from earlier. South korea shipments received a boost from china and the u. S. Cap exports were up almost 22 . Singapore sees at the economy expanding by between four and 6 next year as it rebounds from the virus. Thirdquarter gdp shrunk by 5. 8 on the year and the estimate for contraction was revised to six to 6. 5 . The decline for the Third Quarter compared t
Im phil gale welcome to the program joe bidens edging closer to the white house as final votes are still being counted 3 days after the u. S. Election the democratic challenger is narrowly ahead in the key states which have yet to declare their results so lets take a look at the overall picture which hasnt change for quite a while now so far joe biden has 264 Electoral College votes and donald trump has 214 according to the a. P. News agency remember they need 270. 00 votes to win pennsylvania would be a massive prize with its 20 electoral votes joe bidens lead that is currently more than 15000. 00 with that 98 percent of the vote counted georgia with its 16 Electoral College votes also exchange be close biden has pulled ahead of trump here but there. Only about 1500. 00 votes between them so its likely to go to a recount overall Donald Trumps path to victory is looking increasingly narrow states in red or blue have been called by a 4th trump all bible states in light to blue or in pin
Beyond. That first macro trends advisor mitch rishel joins me now, retailers were already offering deep discounts ahead of the start of the Holiday Shopping season despite all the advanced shopping, is there still some pentup demand . I think theres tremendous pentup demand, deep discounts went down into the summer and some retailers especially the division is offering them as black friday deals on fridays in july and august, tremendous pentup demand, i think its cabin fever, retail therapy, i think there is enough momentum to carry us through the holidays with the level of volume. Dagen is there enough money to curious into the holidays remember the extra money people were getting on their unemployment checks that expired at the end of july, is there enough money that people have socked away to really drive sales . I think so, you look at the savings rate which spiked in april and even has come down a bit, it is still two times the level of savings that americans normally do think abo