Course as tensions in the middle east are very high also new chapter for u. S. Cosmetics giant avon its not part of the brazilian personal care group nutura the groups new ceo will join us later this hour. Stocks are extending a selloff, oil and gold prices continue to climb. This is iran and the white house, trade threats following of course the u. S. Air strike that killed irans top commander. Jim, happy new year. Happy new year. Nice to see you, my friend. Good to see you, buddy, way too long i missed you. I know you feel the same but i havent heard you opine on this market and what risk there is in the geopolitics, in the backandforth, our viewers im sure are familiar with the president s tweets over the last lets call it 24 to 48 hours, sort of saying weve identified 52 sites that we would take action against if in fact you do something, and also notifying the congress, he said, as well, if iran should strike any u. S. Person or target wed quickly and fully strike back, perhaps in
Retaliation. If they retaliate, talk sanctions against iraq. Gold, still in and out of a sevenyear high. A lot lower than it had been. Oil barely positive. For a while, brent, that was well over 70 a barrel. But it is not translating to big gains here. Then we have treasury yield actually backing up a little bit after it was, getting lower and lower on sort of a flight to quality, that doesnt seem necessary. The dow as i indicated down about 63 points. We had been down close to 300 points. What is remarkable about all of this, folks, sometimes we see things in the prism of the financial community. I like what it shows people who bet with their own money think of what this is going. Theyre not always prescient and right. Theyre far from accurate period. In the middle of this moment, what some are calling potential world war 3 00, sort of a muted, sort of a shrugged shoulder reaction. Why is that . Latest from blake burman at the white house. Hay. Hey, blake. Reporter over here at the wh
Delivering the first model 3 made in china today. We take a look at the road ahead as it tries to charge into the future. Plus, serving up profits, find out what could be the top restaurant stock of 2020. Mornings with maria begins right now. Say, say, two thousand, year izero,zero, party, oops, out of. So tonight im going to party like its 1999. Lauren some prince this morning. Weve got a big show coming up this morning. Joining the conversation today, New York Posted tor post editd member, Richard Fowler and stephen moore. Great to all of you here. Happy almost 2020. Storely thifutures point to gais wall street gears up to finish 2019 with record highs. The dow up 6 points this morning, s p barely higher, nasdaq down just a point. The nasdaq ended the week last week with a slight loss. It did snap an 11 day winning streak. It is up almost 36 on the year. Steven, your reaction to this surge . Yes, this is the time of year when stocks go up, the meltup at the end of the year, but 36 ga
Dealing with dangerously low visibility. Heres a look from our roof camera. Were here and looking down that way. So thats enveloping the bay bridge, some thick fog and the san mateo bridge. Look how thick this fog is. Fog for the morning commute. Low to mid 50s. Rain for the north bay at noon. Upper 50s. Light to moderate rain for all of us at 4 00. Most of us will be wet this evening also. Thank you. Good morning. Starting off with a look at the map here so you can see these foggy conditions spread across the bay area. Starting off in antioch, we have dense fog. Visibility is down to 100 feet. State route 160 and around there, take your time as you head out the door. Several fog advisories for several bridges, the drumbarton bridge and the san mateo bridge. Carquinez bridge and the antioch bridge. To give you a be visual here, this is what the san mateo bridge looks like. Really thick fog out there. Much better in the south bay. Theres san jose, 87, nice, clear ride for you this morni
Take over, in the 50s. Breezy, cool but a lot of sunshine and a frosty night ahead. Liz . Thank you. We want to start with a developing story, pg e has until tuesday now to amend its bankruptcy reorganization plan. Experts say it will be almost impossible to make enough changes to please Governor Newsom. The governor rejected the utilities plan and says it doesnt do enough to improve management or beef up procedures under the state wildfire in july. A bankruptcy professor says the company is focused on survival. It is fair for Governor Newsom to criticize this company and fair for him i think to criticize this plan, but i think its somewhat unrealistic to expect the bankruptcy process to fix all the problems the company has. Pg es power lines have been implicated in sefrl deadly fires and the bankruptcy plans relies on the company tapping into a state fund to pay more than 13 billion in claims. Newsom appears to wants the option of breaking up the utility if the bankruptcy plan falls a