The bulls and the bears. Even on a seemingly dull day, where the dow rallied back from some deep, deep levels to close up 18 points. S p was basically flat. Nasdaq advanced 0. 27 . Lets start with the broader economy. We have so many indicators that seem to be pointing up or staying strong. Housing, employment, manufacturing, nonresidential construction, broader retail sales. But then today we get this manufacturing reports ive seen in ages. Whats a 49. 4 pmi number. With anything below 50 meaning contraction. Heck, today, britain gave you 53 and they just went through that gutwrenching brexit election. How can manufacturing be that soft, has oil two years after its peak finally hit home . Data doesnt seem to indicate that. Some say autos are peaking, but doing so at a very high level. This number is plain out of sync then theres oil itself. There are two oil markets. We have a true commodity market, which is governed by supply and demand. Trust me when i say supply is swamping demand.
Go to fox 8, the indians will have games all weekend, and also at the rock n roll hall of fame tonight and oktoberfest at the Cuyahoga County fairgrounds. Sounds like something for everyonene and we know there is sufficient for where she is standing tonight. The question is will the weather hold out . And weve got their first look at the forecast. Wot. It takes a 47 not went to make that happen days it takes a 47 not went to move by here it haso in the front yard punt it is not yet that strongis we do have some wind gusts that strong from hermine but it is nowhere near us. We can abc, to the southeast, this is, looking north from middlefield, Geauga County airport southeast you might see a heightened band, what we would save from hermine that is keeping this highpressure system here in place. Is weve got clear skies and everybody will have nacits tonight and wi and probably most of the weekend to stop incidentally, we are looking at be premiering as early as tomorrow nightht. I think i
We have cool down quiet a bit if you go to the ed showif a light northeast wind on the lake this time lapse shows all of the air traffic coming to burke lakefront the cloud cover has moved out your current local temperatures 48 degrees we are 62 at fox 8 period lower 50s couplea lower temperatures as we go from aurora 56 joe medina with 55. There is the Tropical Storm Tropical Storm hermine t rainfall along the east coast that is moving north that beginning to slow downwn is not moving fast so we do not anticipate any keeping it walltowall sunshine and also slows down the overall outlook in a good way to slows down the to the last, could have a few popup clouds and generally upper 70s period about 2 degrees warmer than yesterday period we will talk about that in the 8 day stopn and a bunch of other stuff. Tropical storm hermine is now downgradeded from hurricane to a Tropical Stormro is still packs a powerful punch sweeping up the east coast hitting many areas hard with strong winds an
It is quiet. It is gorgeous and it is clear and very comfortable. Current temperature 67. Sixtyone akron canton. That is the coolest we can find anywhere right now but these were quickly slipped into the fifties overnight to most places in most places because the viewpoints right now are that low at 50 about low at 54 and when we look at when the rain will fall in the next 48 hours it doesnt even come close. Naturally off to the lower righthand and we will talk that is hermine and we will talk more about that. Interesting topography from that neck of the woods coming up a little later on but here perfect. Do you have plans this Holiday Weekend . If not there is still time. This weekend is jam packed with so jampacked with so many spectacular event. Suzanne straffords live with a their sensory overload downtown this evening. With the pictureperfect weather if you dont take some time at least a few moments to get outside and enjoy this beautiful city will be missing some something which
Why deer with us tonight at 10 kicking love labor day weekend. Say goodbye to summer sort of tonight. Northeast ohioans are taking time to enjoy great weather while it lasts seems to change and paul is right around the corner but for now were looking forward to a gorgeous weekend. A 10 out of 10. No matter which way you cut ando slice and dice it, you cannot come up with any other figure but a 10 out of 10. Ny that is not the whole country butw it is our part of the worl. We zoom in and show you whatss going on here and what is going it is quiet. It is gorgeous and it is clear and very comfortable. Current temperature 67. Sixtyone akron canton. That is the coolest we can find anywhere right now but these were quickly slipped into the fifties overnight to most places in most places because the viewpoints right now are that low at 50 about low atat 54 and when we look at when the rain will fall in the next 48 hours it doesnt even come close. Righthand corner thats for me and we will talk