You should be good to go for the most part. Were seeing no major delays. You see traffic is light. An easy ride out of the east bay. This is across the upper deck. And traffic looks good as well. Most of our area bridges are very quiet. Not a lot of cars on the roadway right now. If youre wondering how 80 is doing, all lanes are open. This was closed yesterday due to a fire. This is highway fire and crockett and hercules. Were seeing a lot of censors. So both directions look good. The east shore freeway, it will take about you a 14 minute drive. Highway 4 going good with good with 26 minutes. Crews this morning are still on the scene of a large fire that destroyed two storage tanks at a fuel city in contra costa county. It began just before 2 afternoon at the new star energy facility. It was finally contained last night after burning for more than 8 hours. Jackie ward is life on the scene where the crews have been out all night. Reporter we have seen people Walking Around here behind m
Why they will not do it. Bill dudley has an understandable position. Most of the people in jackson hole are muted. The World Economy is going to a slump and the u. S. May be slowing down as well because of the president straight all of these. The fed is not going to get involved in the politics of making trait decisions. Jay powell on saturday on friday said setting trade policy is the business of congress and the administration, not the fed. Our assignment is to use Monetary Policy to foster our statutory goals, which are maximum employment and stable prices. Kevin despite all of the political snafus around the central bank, confidence declined less than forecast. We are getting new numbers that would suggest consumers are not feeling the recession fears as much as we anticipated. Michael certainly not as much as wall street. What may have happened is companies stopped up a lot ahead of the tariffs imposed and we see that in the inventory numbers. As though start to work down, prices
Without getting technical, the shift in Interest Rates has raised the risk of recession. Bad news for investors. The dow is going to be down 370 points. That means we are down about 1,000 points from the middle of last week. The s p 500 down maybe 45, 1. 5 , and the nasdaq, thats on track for its longest losing streak in three years, down bigtime across the board. Look at this. Talk about a flight to safety. Money pouring into u. S. Treasury bonds and yields are tumbling. The tenyear, the benchmark Interest Rate, now yields just 1. 78 . If theres any Silver Lining here, its the likelihood of even lower Mortgage Rates in the immediate future. The price of gold, that is a sixyear high. That is also part of the flight to safety. Bitcoin, bitcoin, money is flowing in there, too. Its back to 11,800 per coin, up more than 20 in the last week. Heres what we have to start the new week. A currency war, a prolonged trade fight probably, a stock market selloff bigtime and a universal flight to so
To watch facebook, and tesla coming out on wednesday google parent alphabet amazon on thursday. Mike block what are are you expecting . We have some big names reporting this week and for much of this year ive been saying that it is all about growth. Well this is some of the big company chances to sew that can facebook and amazon and alphabet really answer some of the concerns . Last week we saw netflix blow up because their nonu. S. Ads werent good but we saw microsoft excel on cloud and whats it going to be for amazon the growth in retail sales . Is this going to be about cloud and alfa bet respond from last cant and continue to be the leadership here . And would that be novels for the overall market a good thing when four stocks are are amount for all of the gains in the s p 500 . Right so to your point this is the front page story in the wall street journal above the full story ill hold it up right there. Im a nerd i have newspapers. So it is microsoft apple amazon and facebook acco
All these for a lots today and tomorrow, but it is full flags may have hootons. Last meeting today is expected around about 9 pm and theyll continue tomorrow. Today, for example, he has already met with his view, the news counts about the prime minister, vietnam, who again, profess friendship, love towards russia, where many of the, the new students have started the to the relationship between russia and vietnam. A Good Relationship historically. And theres also even advice id like to visit the top, the city of business. What is the rise of the development of friendly relations between our countries is already something of our tradition, as is typical between countries. The basis of these relations is trade in economic types. This year we have seen a positive upward trend with 6 percent growth over the 1st 6 months of the year. Of the 90 to sell, when you multiply by vietnam, attaches great importance to the comprehensive Strategic Partnership with russia, as well as close ties that ha