When you listen to the reasons, theyre dumber than a bag hammer everyday we hear about stimulus talk even if we pass the deadline, i wish they stop talking all they do is creating false hopes. Both republicans and democrats see no deal as a win for them even as the rest of the country loses. I am confident that well get the stimulus package eventually. There is no stimulus coming any time soon, certainly not before the election get a game plan for heavens sake how about covid19 we have been predicting the spike for months here. Why did we start the mask competition . We knew it was temporary reprieved and it would get worse once the weather gets colder i totally understand it seems like an in efficient way to stop this thing we dont have much those case numbers have been creeping for more than a month now. The only thing more incurable than covid is the market i have been recommending the bull market created out of control pandemic without a stimulus now it is happening. We are taking
Walter reed Medical Center. This all comes less than a day after he and First Lady Melania Trump both tested positive for covid19. Welcome everyone to the four i am alex salvage. I am heather holmes, the white house says President Trump will spend a few days at the Military Hospital on the advice of doctors. We began life coverage now with political reporter greg lee who has been tracking the latest developments about the president s help. Reporter a rapidly changing story from late last night to where we are now. Last night President Trump announcing he and the first lady had tested positive for the coronavirus. This morning we heard that he had mild symptoms, and now he has been taken to Walter Reed Medical Center. I want to make this clear again, the white house saying they are mild symptoms and this is out of an abundance of caution. Marine one took out from the white houses outline flying President Trump to Walter Reed Medical Center. The white house said the move is out of an abu
Speaker pelosi says its absolutely absurdly unconstitutional. What will they do . Go to court to stop people getting the money . Right before an election . Good luck with that. The president s playing political hardball. 84 days to the election and again, the money will flow. Investors like it, by the way. Looking at the futures, the dow industrials will open this morning with a gain of about 100 points. The s ps going to be up about four. The nasdaq, up about 13 as we speak. The president s playing political hardball with china as well and beijing is responding. Jimmy li, a leader of hong kongs democracy movement, has been arrested under the new security law and china has imposed sanctions on u. S. Senators, including marco rubio and ted cruz. Now, that is escalation. Dramatic change may be coming to a mall near you. Amazons in talks with americas largest mall operator, Simon Properties simon group properties, to use some Department Stores as fulfillment centers. Amazon gets cheap spa
The fire to drop water and retardant. Cal fire at any moment is scheduled to begin their evening briefing that the Community Center in scotts valley. As soon as they do, well bring it to you live. Right now, we want to bring in our chief meteorologist bill martin. What are the weather conditions looking like, bill . Well, just kind of like what you said. Weve had a good run of weather for firefighters. Cal fire has made exceptional progress. Most of this great weather has to do quit what im showing you here, this live shot of the fog coming in. Its cool, moist, doing its thing, and that has increased humidities in the fire zone, doubled and tripled the humidities, which is huge. Any firefighters will tell you that. We saw more smoke today on the peninsula, with more of a southerly wind bringing the smoke in from the santa cruz fire. So we have a lot of smoke. Thats why the air quality district has issued or extended their spare the air alert through friday, and thats just how its going
Forecasts. The top lines are up. Revenues up 4 if you look at the activities. Despite the impact iag luke to raise 3 billion euros and klm unveils an operating loss sending both shares into the red. Six years of growth wiped out in spain as gdp drops in the Second Quarter but the French Economy shrinks less than expected down 15. 8 . Happy friday welcome to street signs. Weve got a lot of earnings to get to lets talk gdp first weve heard from france and spain. Now numbers from italy preliminary q 2 gdp slank quarter on quarter less expected a value. Theyve advised their q 1 estimate of 5. 4 contraction quarter on quarter and 5. 4 year on year. Slightly worse than anticipated. Q 1 marginally worse but q 2 better than expecting. An unprecedented slump for italy but the takeaway better than analysts had feared. Not quite as grim as the market had been bracing for looking at the euro gaining ground currently trades around 118. 77 we have the france and spain numbers. Spains economy shrunk