Lauren goodwin, senior director of multiasset mfrl strategy. Lauren, good to see you. Good to be here thanks for having me, mike want to go back to just about a month ago right before the previous cpi report, right july 12th. The s p 500 within 1 of where it is right now and the 10year treasury yield at 4 where it is right now. When we got it, it was a bit of a kickstart for the late july rally and now weve given it back what is the status right now in your mind of the landing and the economic scenario and how much of that the market can benefit from or potentially have the market learned pretty good information from the last Inflation Report from june that we saw in july which was the disinflationary process has moved from an early stage to a more stable one and that is one where the fed is not done hiking and investors can be excited about the potential for a soft landing. I think its a little bit of a false start because until unemployment claims start durably rising, that narrative
The freeway. Alex savidge live at the scene of the accident as we wait to hear from the chp with more information. Alex. Reporter good afternoon to both of you. This deadly crash that claimed the life of that offduty deputy has backed up traffic for miles here headed east. You can see behind us here, you have the three left lanes of the freeway shut down for what is going to be a very extensive investigation that will last into the afternoon hours here. Those three left lanes are shut down just past grant line road for this investigation by the chp. Now that charter bus you see there on the left was carrying more than 50 tesla employees and it slammed into that white vw beetle that you can see is just mangled on the side of the freeway. For some reason that beetle was stopped in the middle of lanes, according to investigators. The Alameda County sheriffs deputy riding in that beetle was killed and the chp captain i spoke with a short time ago here at the scene told me that for him and
Taunton have a couple pockets in the 60s. Attachment to a fog, but otherwise things are clear. Highpressure is controlling the weather which means another son filled day. The wind this morning to the southwest, inching up the humidity. I 8 00 we should be around 70 in boston with the sun coming up after 6 00 a. M. And lunchtime temperatures in the lower 87 in boston and lower 80s on kate caught stop when the humidity ramps up, coming up. Out of the roads we go some trouble. Olessa a problem in charlestown this morning. Heres the scene right now. This tractortrailer that overturned in Sullivan Square. Can get it out. Heres what it looks like. You can see all the flashing light, Fire Department on scene. A messy commute through the road, so plan accordingly, and budget in next he extra travel time. The rest of your right is fairly quiet. We are watching whats left of overnight construction, roadwork picking up on 128 and then again as you pass route 2. Trains and buses osc deadly earthqu
To show you the view. You can see the aircraft is experimental. The pilot reported engine troubles before making the emergency landing. State police say troopers responded in a boat. The pilot is the 45yearold man. It is not clear how or when the plane is going to be removed. State police there is apparently no risk to the water supply. We will keep you posted as we get new details. Taltal ben this map shows where the plane landed, what it usually looks like. Yes, thats underwater but it is in right now,. Jc a man in brooklyn rushed to the hospital after he was hit by chambers. Police tell us the worker was going down this alley when this bigotry lynn came down. It was due to some trimming work. Police say a big branch came down, up to a foot in diameter. Herb chambers has said the victim is 29 years old, at last check he was in surgery with very serious injuries. Ll being made, people yelling. I didnt know what was going on. I came down and there was a guy laying with the branch on to
If thehes a Lottery Ticket to be bought, perhaps it should be purchased by the jodeit family. Ednesday night storms tore through a shed and barn the property but only took a few shinines from their home. It sounded like thunder and it sounded like thunder that just wouldnt stop. Margaret jodeit and two of her kids were in the home the family has rented for six years. The power popped and went off and i said this is it, were going to the basement. Her husband william got home when the storm settled downi picked up my chainsaw down the road as i came in the e drivewawathursday morning revealed the extent of the damage. The white barrel is a 500 gallon barrel that was full of fuel sitting behind the hog barn which is. I dont know. 30 yardrdaway. William says 30 years worth of possessions, equipment and tools were stored in those buildings that still need to be accounted for. The property is. Its a lot to lose, t itit just stuff and the people are ok. The family says ty have outdoor cats.