Yesterday we kind of had a rough w. Here. You know what i mean. Highway 4 off to a rough start. I like the way it looks so far. And hopefully it will be a better day than yesterday. The commute every single day was slow. Just get on here and say its slow, back to you, steve. Its not that way right now. It looks pretty good. A little bit of fog in southern marin here. Traffic is moving well and theres a small delay at the toll plaza. 4 31. Topping our news this morning the first impeachment inquiry is set to begin on capitol hill. Doug luzader joins us live from washington d. C. With what to expect and whats at steak. Doug. What we know in broad terms how this is going to play out today but once it actually begins it could go in any direction. This hearing room will be packed today and the eyes of the nation may be glued to this table where the first two public impeachment inquiry witnesses will testify. William taylor and george kent the state Department Official will tell what they kn
S p, also slightly down but the nasdaq showing essentially flat to slightly higher. Remember, were just about 15 points away, by the way, on the s ps alltime closing record. We will keep an eye on that. How about this. One of the largest malls in the world opens today in new jersey. Its called the American Dream mall. It will have hundreds of stores, restaurants and indoor Amusement Park with roller coasters, and a 16story ski slope. All sorts of experiences. But it comes at a 1 billion cost to taxpayers. It will likely be a traffic nightmare. Wait until you hear how much it will cost to park there. Yikes meanwhile, President Trump heads to South Carolina later this morning. Hes going to an event on criminal Justice Reform. If the president speaks to reporters, which he likes to do before leaving the white house, you will of course see it right here. Got a lot of news to go at this morning, including those rapidly spreading wildfires in california, and Charles Barkley going after Vice
Announcer 1 next, in American History tv exclusive. Our cities tour visits lansing, michigan, where we learn more about its unique history and literary life. For eight is now, we have traveled to u. S. Cities bringing Historic Sites to our viewers. You can watch more of our visit at cspan. Org citiestour. He was a pioneer. State not until the legislature designated this area as the new capital that he came with these other folks and helped build the capital. They had a slightly more sensible approach. We had nothing here. There was no transportation. They had seven months to build a veryal city and that was a interesting and exciting and unique story of the beginning. Established the about 1836, about a year before it became a state. The designated detroit as the capital but they were told that detroit could be easily attacked and they should move the capital inland but couldnt decide where. Constitutionhe that the first session of the legislature of 1848 should be held in the new capi
That and so much more on making money. Charles earnings from cocacola, schlumberger, just to say a few. Tech stocks are falling out of the gate. The fed may end up being less accommodative. How should investors reconcile all the diverging trends . Phil blancato and jack ablin. All this anxiety is exacerbated near alltime highs a the love things going on. Start with the earnings picture so far . Happy with it . Better than anticipated . Yeah. Expectations were probably as low as a limbo stick. The fact is analysts have been calling for an earnings recession for the last three quarters. So we come into q3 with a negative 3 growth rate. What will likely happen is, that well adjust up close to zero. Analysts will lower their forecasts for next year. Charles here is the thing, phil. Big names have delivered. Also i think, i find it important to remind the office were comparing to the best year perhaps ever in earnings. Pullback is not the worst thing that can happen. Im not worried about fl
Economists do most dont showing you where things are standing now three and a half hours before the opening bell. Looking at a dow that would open just about 11 points higher and nasdaq looks like it would open down going to china quick but showing you treasury yields. The 10year note at 1. 766. Joe mentioned, breaking overnight, the operatest rate of china slowing to the slowest pace in 30 years that may explain some is of what we are seeing here eunice un is now in beijing where tim cook is. Thats right. First getting to the numbers i think you can compare that policymakers will unveil more soon Third Quarter numbers missed coming in at 6 . That is because of the demand overseas and at home the september numbers rebounded. Most said those are something you usually see. They are more concerned about sluggish demand weighing on the out look of the economy. The more optimistic bureau saying china faced a big downward pressure. Planning to front load some local government bonds those wil