Different, changes that are coming. Little elves will still be there but the tree will be different. Its going to be an artificial one. The old trees used to come from the shasta mountains but cost upwards of 20,000. So they have a new tree up. Youre going to see it year after year just as you do those little characters. Thats a good thing. Ill be there, same old me to kick off the friday after thanksgiving. Join us out there. We count down the tree lighting. Thats fun, though. There will be a parade this year. Theyre going to bring it back. Its always a nice tradition for folks. Ice skating in california. And its getting closer to the holidays. Lets not forget that. I mean, its that time and so we are two weeks away from thanksgiving. All right, so lets get out the door this morning with a look at your forecast that will finally feel like fall. We are going to start out in palo alto with some low 50s and then see it rise into the low 60s today, very slow warm yum and some peeks of sun
Hopefully some snowman hot chocolate. Maybe some this morning, what do you think . Even this afternoon, low 60s. This is where were starting with mid50s. As we check out our temperature trend today we warm up slowly from 54 degrees going to 62 degrees by early this afternoon. Well have more on this coming up. Mike, you spotted that traffic on highway 101. I did and i showed the break just before the commercial break and now the break is gone after the commercial break. Not tied together in any way. We are looking at speeds back again north. You see the flashlights. Overnight construction work going on and that was the blip we saw. These just came in to chp so waiting for them to arrive. So far the Speed Sensors look great including the approach to the bay bridge. This is the question people have been asking. Is it a crime to eat while waiting for a train . A man was cited for eating food on a b. A. R. T. Platform and now is suing the transit agency. Bob redells live for us in the east
1. 13 . Wowza. They jeweled that nasdaq they reacting to a glut of ipos. On the investment publics back. I take no joy in this but i told you so all year i predicted the ipo cycle would end with a whimper and now its here. Busted deals like peloton. On the heels of smile direct and lyft and uber. Boo theyre booing, becoming the norm there is a big reason why it keeps getting hammered especially the turbocharged Growth Stocks. Did you see them today kind of to the point the president i hope follows through to block more chinese iphonipos no, no, aagh i dont chatter about limitations by the president causing the market to get hit because anything thats not flat out suggesting compromise indicates that were much furthe further away from a trade deal than the bull has hoped. As someone who wants the chinese to play fair, i think a ban on chinese ipos would be a blessing its not whats in the cards, i can tell turns out talk is really about limiting American Investment in chinese companies.
The s p is fairly flat, up by 1 10 of 1 . 1 . We are keeping a firm eye on brussels. European leaders are at work again. They just started there may meeting to decide to leave the European Council and european commission, and by extension, the European Central bank. The current head of the imf is being talked about seriously as a contender to take over from mario draghi. Lets get the latest from maria. The main meeting has started after a series of side meetings. What we know on account of how much information we have at this point . Maria in terms of official information, we have nothing. It is speculation swirling around. Weve spoken to a number of diplomats who say Christine Lagarde is being considered to her crate replace mario draghi. She was now the name of the running yesterday, but appears to be now the frontrunner. Conditionality, if Angela Merkel manages to get her defense minister to become the next commission president. Surprise. She was not on the list. The good thing, it
Peloton jack otter welcome to barrons roundtable where we get behind headlines and prepare you for the week ahead. For taking Interest Rates for the tenth consecutive time has banking turmoil continues. Will the jobs report take a generate pause off the table . I will ask greg peters. Some businesses are getting swept up in the culture war. What happens to Company Stocks when they become involved in politics . The answer may surprise you. With the debt limit decision looming how should investors prepare for a possible default . We begin with three things investors ought to be thinking about right now. Stocks rallying on solid jobs data despite it being a down week for the market. New hope for all timers patients after an encouraging drug problem, eli lilly and safety concerns. Will Medicare Coverage it. Americans feeling a i anxiety as Technology Threatens to take over thousands of jobs. Are you at risk of being replaced . My colleagues, ben levisohn, it looked like it is going to be a