Abramowicz and tom keene in new york. Good morning on Bloomberg Radio across the nation. Good morning on Bloomberg Television worldwide as well. Theferro, without question most mysterious jobs report ive ever witnessed. Jonathan we talked about the wide range all morning. Lets talk about it again. At the top, 2. 4 million. Thats the high estimate. Below, 100,000. The pace of the recovery is slowing. I wonder if we have seen more evident if we are seeing more evidence of that a little later this morning. Tom i thought of one of your good questions earlier, the idea of this shift to the new unemployed. Forget about furloughed. Forget about all of the other language. It is people terminated. Lisa people are becoming permanently laid off. Initially it was temporary. My question today is going to be is bad news good news, and is good news bad news . The idea that if we get a worse than expected report, we will get into this for some as we will get impetus for some kind of fiscal support we
There. Big stocks in apple and tesla giving back gains. Ibm gained more than 3 yesterday. Also cocacola up more than 4 being looing at u. S. Equity few you are its. Something to Pay Attention to. Dow futures down around 40 points looking at first of september, and all of july and august with spectacular gains. Looking at the treasury yields looks like right now 0. 654 . Those movements with he saw yesterday were interesting in terms of the rotation. As a general matter, those had to pull back they will have to have these pull backs the fact that the market can do okay on a given day is a positive doesnt change the fact that weve traveled at a steep angel here there is a jumpiness a late summer week heavy volumes. You are seeing all sorts crop up there is a Different Energy to the market 20 what has passed in 2017, 2013 not sure the implications but there is Something Different it is 6 01 in the morning here yesterday was called a gama squeeze. We dont want to get too mechanical in the
Homes have been destroyed and thousands of people are still being forced to evacuate. And we are waiting on a live update from officials at the czu lightning complex fires are taking this live picture at the podium. At the Cal Fire Command Center thats in Santa Cruz County we will go to that press Conference Live when it happens. Well for now lets move Sonoma County where part of the yelling you lied and complex fires are still burning and were focusing on the wall bridge fire thats in Sonoma County. You can see right here on the map on your screen thats of the area. That the fire is burning this morning you can see its burning right along the lake sonoma recreation area, northeast of windsor, lets check in with kron 4 Sarah Stinson who is live near hillsborough where she has a better reception sarah good morning. Robin good morning, im live here on a west side road. This is west of healdsburg in this community where theres wineries those homes and unfortunately the walbridge fire part
Valley where behind me fire personnel just wrapped up their meeting and they said their priority for today like it was in the days pass is saving lives out here now people have made that easy for them in a lot of people have evacuated thousands in fact added some of not wanted to leave their homes and as a result of that you seen a lot of the fire personnel have to use their resources to rescue people we also know there are at least looking into one missing persons case so again a lot happening out here as the fire continues to burn you mentioned it was at 50,000 acres and it continues growing right now they still dont have containment on this fire more than 60,000 people have had to leave their homes as a result of the growing flames out here now we said in for a press conference where they updated us on their efforts for today take a listen. We continue through the evacuation city a scotts again i mentioned yesterday that the population that area about 12,000 people. So were nearly d
The czu august lightning complex fire has burned 50,000 acres in san mateo and Santa Cruz Mountains homes have been destroyed some 64,000 people have been forced to evacuate from that fire. Now lets zoom in a little closer to the czu lightning complex fires in san mateo and santa cruz counties. Take a look at this map on your screen. The red shows the thermal activities from the flames and we do know this morning that several homes have been destroyed as i mentioned 64,000 people have been forced to evacuate from those fires kron fours reyna harvey live now in Santa Cruz County she has the latest for us reyna. Rd fire officials tell me the families that were evacuated will not be able to return to their homes for several weeks because they are continuing to fight this fire that is growing in the mountains and they have no containment on it so spoke to some of the residents who wore leaving yesterday many of them who had to grab their personal items in their animals and personal documen