Robberies assaults and burglaries kron fours dan thorn joins us now live from san leandro what the police union is saying about these alarming numbers stand. Well ken and pam this warning from the police union comes up in the city of san leandro voted in june to slash the budget of the Police Department by more than a Million Dollars is also having the union come out and say that because of the spikes in crimes theyre going to need all the funding that they could gain but advocates for defunding. The Police Department say. That they should addressing the its not its not money thats the problem here. Its how these crimes are addressed. The San Leandro Police Officers Association is warning people over a significant jump in Violent Crimes, new numbers from the citys Police Department show from june to july there was a 500 increase in armed robberies, a 125 increase in assaults with a Deadly Weapon a 100 jump in shoplifting and a 75 increase in home burglaries is very concerning for us th
Of the council on foreign relations. Her fourth book is a revelation. Who acts next in this backandforth . Jonathan the administration has been dancing around the issue of the trade deal announced back in january. The president has stopped dancing around the issue. It means much less to me. He repeated that about three times in a News Conference yesterday, and i wonder how that message evolves in the coming weeks and months. Tom i thought it would be a lazy friday, and i was wrong. Let me give you two quick ideas. Of thew the donnybrook republicans in washington. That will be china as well. And we have statistics which speak to the summer of 2020. Honeywell is without question one of the best run companies in the world. They organic Revenue Growth was 18 . You dont need to know anything else. Jonathan we will get the earnings a little bit later in the program. Equity futures slightly negative. Gold very much in focus, approaching a record seemingly at one point this morning. Lisa it ha
Is honored at the capitol where he served for more than 30 years. How his colleagues and future leaders are honoring his legacy. And safe to ride . Electric moped rentals are on the rise during this pandemic. How a series of rececent accidents, including one that killed a tv reporter, is leading to new questions about their safety. Very scary stuff. First, heres todays eye opener. Its your world in 90 seconds. The Moderna Vaccine has officially entered the final stage before approval. Theres never been anything like this in terms of speed. A huge leap forward in the development of a vaccine against coronavirus. We go from not even knowing what the virus was in early january to a phase three trial is really record time. Republicans unveiled another covid19 relief bill. It would reduce emergency benefits from 600 a week to 200. What the heck is going on . A Top National Guard officer will testify before a committee disputing the white houses account of events that led to protesters being
U. S. . Moving on to some currencies, dollar weakness is still a trend at play. We are seeing that play out for the offshore cnh strengthening at around seven. In terms of the yen, 106 is the crucial level for that. Higher option volatility. In terms of hong kong, we are focused on the newtek tech index as part of the conversation. Aussie dollar currently up. 3 . Dollar weakness very much part of the play there. Lets look at what is happening with gold. It has been on a tear, and we are getting close if not touching now record highs. Gold futures above those record 1944, close to 1 gfain gain in terms of futures. I believe the record was around 1923. Looks like we are about 1 or so away from that record price. Its 1923 or 1921. Anyway, we are edging close to that record price. Weakness. Lar silver gaining close to 2 . The 10 year in the u. S. Yield is a little below 0. 6 . Rish. Rishaad were going to bring in banny lam. Welcome to the program. We just outlined, at least tom did, outlin
A whole bunch of other smart people set lower for longer. That is the message this morning. Futures up 19 but to me, the story is the bond market. As you know, those huge negative and persistent real yields. A range of assets and securities, it is interesting to see dollaryen breakdown. Still, equities are firmer on the day, futures up by 6 10 of 1 . We do this going into a battle down in washington, d. C. As long as it is just about size, we will have an agreement. These negotiations are now about thats great, but that means there is a timeline and i dont believe we have the luxury of a timeline because in the state of ,he economy, the unemployment the economic dynamics dont give you a comfortable august. Dont. Incentive to say we not negotiating until you negotiate. Right now, looks like new market is not picking up on it. There are some real nuances, maybe start off gold. Treasury yields down a basis point. Weve broken out of that sticky range for 0. 58 . The lows very much insight