We have scattered showers now. We will bump up the intensity later this afternoon. There is the coverage. There are lots of clouds in place. There is some action in parts of the north bay, good coverage towards portions of san raphael, petaluma. More development offshore and also around san mateo, portions of the east bay as well, scattered showers working back into the region. The temperatures are upper 50s to the 60s. We are holding onto rain showers throughout the morning. Into the afternoon hours by 3 00, especially after 4 00 we will bump up coverage and intensity by 6 00 tonight. I think the afternoon and evening commute will be an extra challenge. We are not out of the woods yet for the morning commute now because we have some rain south showing up on the radar and of course wet roads that will complicate things at least for this morning, especially later on today. We are looking at a commute mark where traffic is going to be busy all over the place. Its just wet enough to make
And you know, there really is an opportunity either around automobiles or Something Else that will create a next big thing, maybe not for a few years but i dont think at this point with a 2. 5 yield it makes any difference. The stock is up 3. 5 , the 13 filings are usually lagging indicators because the actions took place during the quarter. But you have icahn getting out, tepper getting out, berkshire getting in and we just got news that leon cooperman is getting in. Exactly. The buyers now, i think roger basically isolated the thesis here. Its not anybody who is claiming to have a great fundamental edge on exactly how many units are going to be sold or exactly what the trajectory of the next year or two will be for the business. Its about 45 billion or 50 billion in net income, give or take. It seems like a massive profit fool of a financially Stable Company and people are willing to say selling has gotten overdone. If you remember when carl icahn took his stake he had detailed proje
Seaberg, great to have you with us. Eric, riddle me this. What has changed and why today do we feel so great of a fed rate hike . I have no idea. I think, you know, were going to be in a cheap market here for the foreseeable future just because of all the uncertainty surrounding Interest Rates, Consumer Spending and Political Uncertainty here and in europe and while this frustrating sideways market may be difficult to navigate were still finding opportunities in the hodges small cap fund. Where . Were really looking at some areas such as some of the nonenergy companies that have been beat down over the last six months by oil prices, Something Like a Legacy Texas Bank share which is a bank that we think is very attractively valued here. The perception of Energy Exposure is not as great or the reality isnt as great as the perception in this stock and we think its created an opportunity for investors. Other areas that we like are areas tied to infrastructure spending, like Eagle Materials
Youre going to put pressure on the economy. When i look at the things that the government does, i see regulations that say the haze regulation is being implemented in the west. You cant see the difference in the haze in the air. You have to have a computer to measure it. But using that regulation, goal miners being sent make 60,000 a year. And they are going to then be on assistance level. Do yall put out a fact sheet that says if you increase minimum wage, burger king is going to put kiosks in. So the poor people are never going to get into the labor market so the gap is going to increase because we have sent those jobs out of america that are on the low end of the scale that allow people to e get into the workforce. So i wonder if you all do that because if you are in charge, it seems like youd put out a fact sheet so people sitting on this side of the desk could actually have some idea of what effect policies would have. I guess the answer is no they dont put out a fact sheet. Not o
< next, labor secretary thomas perez discusses labor policies, minimum wage, and overtime pay. Democratic officials outlined plans for next months convention in philadelphia. After that, a discussion on u. S. Strategy in libya. Labor secretary thomas perez outlined president obamas labor policies including expanding anrtime pay during appearance at the National Press club on wednesday. The secretary is the son of immigrants from the Dominican Republic and has been named as a withtial running candidate Hillary Clinton. This is about one hour. Under perez, the Labor Department issued a rule that requires Financial Advisors to put customers first. Adding in all of, the three years that he has been in the Labor Department have been nothing if not attention grabbing. They seem to have grabbed the attention of Hillary Clinton. The wall street journal reported that perez is one of nine names on the short list as running mate for the presidency. Democratic immigrants, he chose a career in Publ