Gray for a long way because there is a big fog bank out there. Santa rosa 54 and not much change. Speaking of livermore northwest at seven and gusts up to 30 miles an hour and on the bridge i should add wind gusts at 30 and some pretty good gusts and mount diablo northwest at 40 as well. The quote cloud deck gives us the start of a cooling trend and we can change is windy and cooler as the load drops into oregon and northern nevada. Temperatures going below except for in livermore but you trend lines going down and not up anymore and 501 on friday morning. We dont have a lot going on. You have an nice start to friday and if you are out there there are people out there for sure and if you are driving 880 and oakland and that is moving while in both directions. 5 02 a. M. And lets go back to the headlines. Breaking news from fema. Firefighters busy battling this car fire. This is video of about 20 minutes ago. The car was fully engulfed in flames. This happened west of interstate 880 whe
Lebeau a moment ago on the airlines and he is back with breaking news regarding american. Take a look at shares of american, the airline is announcing starting on july 1st, starting next wednesday, it will fill its planes completely remember until now it has capped its load factor or the percentage of seats that it would fill on a plane, it would cap it at 70 . Thats going to end as of next wednesday, also adding about 1,000 flights to its schedule in july so this is american saying weve got more people flying, weve got more demand and its time for us to fill these planes all the way. They stress people are still going to be required to wear masks, they will still be pushing the fact that theyre sanitizing planes in between every flight, but the time has come for them to sell every seat, fill every seat and no longer guarantee its capped at a 70 load factor. Guys, this is a day with a lot of airline news between this, the unions asking for another bayout and the airline ceos meeting wi
Vergiverg diverging in a different way retail is an important part of apple strategy overall, but what youre saying about the markets being down in the midst of the pandemic, it is not easing off as quickly as some had hopes, carl indeed, one last part of all of this the journal now with a couple headlines on the tape saying that china is telling the United States that crossing red lines could put the trade deal at risk. So sort of a continuation of what were talking about all week trade risk when it comes to the u. S. And china which is not a new story at all lets talk about the markets, the founder and managing partner at full cycle. Which is really focused on, ibrihim, and restoring technologies and all of that is coming to light, it is not just about whether or not people should be moving around, but whether or not people can how can this pandemic, working from home, which i think fits into your portfolio thesis, how is this playing out for you and where do you think it goes from h
And it would obviously be fairly strong gains the week after the weakness we saw in the Broader Markets last week. Not a lot of individual news this morning, jim. But always curious as to what caught your attention. Oil at 40 makes people feel, wait a second, maybe the economy is not so bad. Maybe thats the v. We have of course an apple price target boost a couple of Companies Reported that were not disastrous thats regarded as being positive and the day traders, they dont stop at one point today, were going to have to talk about them because of a tragic instance that happened. Ive been seeing that in my twitter feed as well i think cnbc has done some reporting on that in terms of robin hood very unfortunate and well talk about that and well talk about your friend who i know you follow closely, but back to the Broader Market and back to something we spent a lot of time talking about over these last few years which is china trade. Bloomberg is reporting that they will accelerate its agr
Other. Yesterday, down over 200 adding that, you are down more than 1,000 points of decline in early session right now. Well see what the market does as we get close tore reopening and of course to the closing bell today s p 500 down 33 and nasdaq down 101. The central bank indicated it would keep Interest Rates near zero projected that the u. S. Economy will shrink by 6. 5 in 2020. They do see a gain they are expected by 5 in 2021 followed by 3. 5 gain in 2022 and will continue increasing Bond Holdings and Mortgage Backed securities at 40 billion a month. Take a look at the 10year note, yield now sitting at 0. 698 . Crude oil prices have also come down a little too. Wti is down about 3 this morning. Ticking at 38. 38 a lot of this is because of what the fed is you no saying you are really expecting some tough economic sledding. The news out of 12, 13 states probably not great either. I think it would be hard for me to sell right now. You wait around. We dont invest. You would have wis