The Fourth Quarter and also this week we will get the first glimpse oncoming quarter on friday with new jobs report, so we talked about this last week and looks like the economy has slowed a little bit and we have to see whether we get confirmation of that with the data that come out in the next few days. The earnings and the guidance obviously as usual will be important but now the democrats are turning the story, so far no reaction from the markets but the markets are now accusing President Trump of soliciting additional foreign assistance, this time from australia to investigate the origins of the Mueller Probe. The story in New York Times, the president public told reporters in may that he asked attorney general william barr to look at variety of countries potentially involved in the 2016 election. House democrats subpoenaing the president s personal attorney for documents and said Senate Majority Mitch Mcconnell would have to take Impeachment Vote if it makes its way to the senate
This is the one for tomorrow which i think will give us some rain. Its on its way and tracking towards us. Low clouds are in place and there is a big fog bank. Little systems ring out the moisture. Gusts now at 30 at sfo. 18, 20, 25 in hayward and oakland. Anywhere from 3540 miles an hour in travis. 40s and 50s on the temps. This is a cool pattern. Here comes the next system. Cool on its heels. Temperatures today, 50s, 60s and 70s. Way below average for those away from the coast. 6 01 am and you have, what . We have traffic that is low. Its tuesday and everyone seems to be back from the holiday weekend. At the macarthur maze we have slow traffic around the corner and coming around to the bay bridge toll plaza. He was he the traffic is slow at the mays and it slow at the toll plaza as well as you drive into San Francisco. You will wait for at least 15 minutes, maybe 20, depending on which line youre in. The carpool lane looks good. This is a look at interstate 880 in oakland. Traffic he
And everything we loved buy, buy, buy. Sell, sell, sell we now hate. Some stocks, the cyclicals and especially the oils were laid to waste while others, the Consumer Product stocks roared higher almost regardless of how theyre doing. All this action is masked by the averages. The dow sank 54 points and the nasdaq declined 5. 47 and underneath the market is seething and roiling and you know what . Its begging for prognostication. So what is going . Why are we tossing out the Natural Resource stocks and embracing stocks that do well in the slowdown . Three reasons, the United States, europe and china. Big reasons. All of the three legs are developing some chinks and theyre showing in a way thats freaking out owners of stocks that we havent seen since Interest Rates started to soar in the spring. First, as has been the case all year, everything comes down to this darn bond market. Interest rates which seemed to be on the brink of busting out of levels we havent seen in ages are on retreat
Buy, buy, buy. Sell, sell, sell we now hate. Some stocks, the cyclicals and especially the oils were laid to waste while others and the Consumer Product stocks roared higher almost regardless of how theyre doing. The dow sank 54 points and the nasdaq declined 5. 47 and underneath the market is seething and rolling and you know what . Its begging for prognosticat n prognostication. So what is going . Why are we tossing out the Natural Resource stocks that do well in the slowdown . Three reasons, the United States, europe and china. Big reasons. All of the three legs are developing some chinks and theyre showing in a way thats freaking out owners of stocks that we havent seen since Interest Rates started to soar in the spring. First, as has been the case all year, everything has come down to the darn bond market. Interest rates which seemed to be on the brink of busting out of levels we havent seen in ages are at a pace that we only see when the economy is going into a real slowdown, if
Storm was fast and furious leading to significant power problems. Among the hardest hit the lincoln oasis. Just before 6 the lights went out of the tollway and throw all the businesses. Forcing them to close. It is an inconvenience. As the snow continued to swirl the oasis had to remain closed for least three hours. Quite an inconvenience for those who rely on this facility. Even the gas stations had to shut down. Some motorists made on schedule stops due to the dangerous conditions this morning. The brutal winter has been hard on the entire infrastructure for Power Providers of his record. Put the winter rather plan in effect early this morning. Chris started working around 1 00 a. M. To get a head start. More train crews were put in place to make up for stabbing shortages or emergencies. Also planned to refuel trains to prevent delays. If youre flying out of town that are cancellations and delays. There are cancellations and delays. At midway about 70 flights of been cancelled. Birds