Recession because in case you didnt hear in the First Quarter, the economy contracted. 7 . I think you know the drill. You have two quarters like that you are looking at a recession. Most economists dont think were going to look at another quarter like that the present quarter will be stronger than that. Not everyone is sure. Gary says americans should be weary. Ty young says no reason to be so panicked. You know how we started off, well telegraphed, gary you say this could be a trend explain . Look the big worry is simple. Weve had seven years of 0 Interest Rates and the printing of 15 trillions of dollars to bring them down and this is all were getting . And keep in mind this number included a big inventory bill, would have been a lot worse, and you combine that with the fact that oil prices have dropped in half. If this is the best number we can get, i think theres a big worry Going Forward and i have to add one thing im watching the transports here theyre underperforming badly and
Recession because in case you didnt hear in the First Quarter, the economy contracted. 7 . I think you know the drill. You have two quarters like that you are looking at a recession. Most economists dont think were going to look at another quarter like that the present quarter will be stronger than that. Not everyone is sure. Gary says americans should be weary. Ty young says no reason to be so panicked. You know how we started off, well telegraphed, gary you say this could be a trend explain . Look the big worry is simple. Weve had seven years of 0 Interest Rates and the printing of 15 trillions of dollars to bring them down and this is all were getting . And keep in mind this number included a big inventory bill, would have been a lot worse, and you combine that with the fact that oil prices have dropped in half. If this is the best number we can get, i think theres a big worry Going Forward and i have to add one thing im watching the transports here theyre underperforming badly and
Recession because in case you didnt hear in the First Quarter, the economy contracted. 7 . I think you know the drill. You have two quarters like that you are looking at a recession. Most economists dont think were going to look at another quarter like that the present quarter will be stronger than that. Not everyone is sure. Gary says americans should be weary. Ty young says no reason to be so panicked. You know how we started off, well telegraphed, gary you say this could be a trend explain . Look the big worry is simple. Weve had seven years of 0 Interest Rates and the printing of 15 trillions of dollars to bring them down and this is all were getting . And keep in mind this number included a big inventory bill, would have been a lot worse, and you combine that with the fact that oil prices have dropped in half. If this is the best number we can get, i think theres a big worry Going Forward and i have to add one thing im watching the transports here theyre underperforming badly and
Buying the Washington Post newspaper for 250 million. This deal ends the graham familys 80 years of ownership. He calls this acquisition a personal endeavor. Not amazon money hes using, this is his very own. And chairman and ceo don graham talking about this deal. Jeff reached out to me less than a month ago. We met at a Conference Face to face, twice, the second week in july. We spent an hour together. He asked for time to study the numbers, we then spent another two hours together. And at the end of it, he said he thought he wanted to go ahead, but he obviously, he and his team needed time to look over the business and understand it more thoroughly. And then we he did and we quickly reached a deal. Shares of Washington Post climbing to the highest level in almost five years. 588 and change. Almost up 20 on this news. And this is something that were really focused on just because of the journalism and everything. We have to. But the graham family. The graham family, giving it up after
I will give you another live look from the very quiet bay bridge toll plaza. Thats where we are awaiting a News Conference for how the closure went and whats going on right now along the eastern and western spans. We will take you live during this newscast as soon as it gets under way. Hundreds of thousands of people make their way across the bridge on a daily basis. Today was bitter sweet for some who made their way across the span for the last time. I am going to be sorry to see it going down. I love the views from the bridge and seeing the other go up. Taking a look around, i guess we will never see that angle again. I should have taken a few more glances at the water. Some commuters are planning to take time off to avoid the detailers. They want to give it a day to make sure it didnt have any safety problems. Giving you a live look from the emeryville camera. They are looking at the traffic that approaches here. Traffic onnure yo right is normally where drivers would head towards t