Stocks after the worst day for the averages in two years . Does it make sense to bail on the market when the dow just plunged 1032 points, s p 500 plummeted 3. 35 , and nasdaq nose dived 3. 17 is that the right thing to do or should we treat in melt down like a buyable pull back honestly, it depends on five factors. So lets check them down one, do you have enough cash to buy or do you need to borrow to make that happen if you dont have a decent amount of cash on the sidelines, you shouldnt do any buying. Do some selling in a moment of strength history suggests we could bounce tomorrow take advantage of that lift, do some selling promises are not going away. Look at your bank account, do you need that money in the near term, say the next 12 to 18 months, if you dont think youll need it and you havent bought anything yet, then i think it makes plenty of sense to start putting that cash to work but only if the market gets hit again. Do not buy a rally please. Get a rally, you missed it it
Significant rally, up eight at the opening bell, a gain of 55, urging the fed to cut rates. We wait to see when the fed is. Some money coming out of treasuries. I want to see it but cant, dont have it but it is up from the historic low of one. 03 , it is one. 12 as we speak. Politics. A mad scramble by the democrats to support joe biden and beat back the bernie challenge. Amy klobuchar and Pete Buttigieg throw their support to biden, beto reappears to back him up. This is desperation time. Today bernie is expected to win the california and texas primaries, all hands on deck for the moderates, they are panicked at the thought of the bernie nomination but there is still bloomberg. He says even if he doesnt do well today he is not bowing out. Democrats are locked in a 3way battle, totally split, at war with themselves. Just wait till you see joes latest gaffes, that is plural. Varney and company is about to begin. Tomorrow is super tuesday. I was waiting for a black man to pick me up and
Shooting and not necessarily a home invasion, but that is something detectives are looking into here in the nile district. Theyre looking at Surveillance Footage and talking with the mother at the hospital trying to get more information. Well update you when we get that info. Nbc bay area nah nbc bay area news. We want to let you know we sent out a push alert. The feds are blaming tesla and the driver who died in a crash. Ntsb says the driver of the suv was playing a video game on his phone with his tesla on auto pilot when it crashed. Our business and tech reporter, scott budman joins us now with the very latest. The ntsb taking time to criticize the idea that theres such a thing as a driverless car, while also urging cell phone makers to work harder against distracted driving. The 2018 crash of this tesla model x that took the life of 38yearold apple engineer, walter hwong was the subject of this meeting at the National Transportation safety board which faulted teslas Safety System a
We know you have. My name is george, im Program Director at the Commonwealth Club , on behalf of all of us i want towelcome you , thank you for coming down to tonights terrific program with Charles Schwab in conversation with adam listen ski. How many of you are members of the Commonwealth Club. If youre not a member, this is a great time to join. There are all kinds of terrific programs, there is buildings like with a great roof deck and a gentleman named billyat the back of the room. He will be happy to answer any questions you have about joining the club so see himon your way out. These take a moment and turn off all your cell phones. Any devices that might make noise and while youre doing that tell you about upcoming problems of the Commonwealth Club. On october 31 halloween, fair will be with us. On november 12, theres not a comment in that area just so you all know. November 12 rich lowery will be our guest. November 12 in the eveningin Silicon Valley legendary 49er jerry rice wi
Its my pleasure to welcome today a professor Gregory Irwin of the revolution through world war ii. Its one of the great advantages of being in philadelphia that we can be close neighbors to professor irwin, whose work on the british army ands the American Revolution is extensive and nuanced and always inspiring of our exhibits and publications. In the development of our core exhibition, professor irwin played a crucial role in the display of the story of enslaved runaways weighing the promise of the proclamation announced by general clinton in 17 which offered somewhat vaguely protection and freedom of run aways who made their way to the british lines through consultation with a number of historians particularly of American History in this period. It became a really imperative that we do two very challenging, often seemingly contradictory things with showing and people facing this question of whether to trust the british on this promise. One was to demonstrate their agency to capture t