Im glad youre with us. Lets get a check of our temperatures, and i think i can feel the cooldown. Yes indeed. As i said to alex yesterday, marine layer season definitely taking hold over the bay area. We have widespread low clouds once again this morning. Good morning to you all out there. Well turn partly cloudy for the afternoon but temperatures will be on the cool side, especially along the coastline and inside the bay. Outside our doors at this hour we have a little bit of fog and temperatures relatively mild. Ill have the Current Conditions and into the afternoon expect low 60s at the coast to upper 60s inland. More on what to expect today and for the rest of the weekend, coming up. Thank you. There are almost 2. 3 million cases confirmed of coronavirus worldwide. Those are the latest numbers. Almost a third of those cases are in the United States, where 37,000 people so far have died. California could reach 30,000 cases today. The virus has claimed more than 1,000 lives in the st
Their highest levels over the past year. Scarlet mark had a lastminute first. About 1. 9 . No clear reason on why it got this pop at the end of trading but we will continue to look into it. Lets look at what our reporters are monitoring. Abigail i was watching those record highs and the very small gains. The reason we are doing it again today is to see how it is working. Seriesed we would see a of alltime highs back in october. The rally this year and then in the spring and summer, a battle between the bulls and the bears making it more constructive. Buyers were the getting more conviction, more confidence. Old we are above those record highs. , the rfi, a slight lower high. The rsi go8, we saw as high as 86. If it rise to above 74, it would support what this chart suggests. Also seeing small moves higher today are small caps. The russell 2000 at one point point half a percentage but we did see it trickle lower through the day. For smallweek high caps. This comes after a day like yeste
Rain. Perhaps an even bigger travel impact. When it comes to the snow, about two to three feet. As low as 2,000 to 3,000 feet around the sierra. Winter storm warning there. Also travel into Southern California, the grapevine on wednesday could get closed as Southern California snow levels also drop down close to 3,000 feet. For the bay area things start to wrap up on tuesday. As much as an inch of rain in some of the wetter locations. Mountain top gusts to 50. Snow perhaps. And wuhl tith all the wind gene by the storm high surf. Well take a closer look at when we expect the strongest wind, the heaviest rain to arrive in the forecast for midweek and another storm on the way for next weekend. Our forecast in 12 minutes. Well see you then, rob. Thank you. Heads up if youre heading in or out of the city. Caltrans is again closing some lanes on the bay bridge. Right now two westbound lanes are shut down for scheduled maintenance, but it looks like traffic isnt too bad. Its flowing pretty sm
Of Affordable Housing, a review of the Trump Administrations plan to change Housing Finance in america. Before i recognize myself members, today is [inaudible]s birthday come back if anyone wishes to sing happy birthday please save it until later. [laughter] we all thank you for that. Happy birthday. We now recognize myself performing its given soft Opening Statement. Good morning. Today we are here to discuss the impact of the Trump Administrations house and finance reform plan. We are joined by treasury secretary steve mnuchin, hud secretary ben carson and federal Housing Finance agency director. Welcome. Let me say that the Trump Administration Housing Finance reform plan would be a disastrous for our system. The trump demonstration is threatening to end the conservatorship of the government sponsored that is the gses. Would ask National Action to provide and expose the government guarantee. It is implement it in this way and is likely create turmoil in the Housing Market will preve
Into structured security. Later president ial envoy talks about President Trumps decision to withdraw u. S. Troops from syria and how it might impact u. S. National security. Treasury secretary steven minh mnuchin and housing sec. Ben carson on capitol hill to testify about access to a portal housing and finance reform option. Lawmakers heard testimony from the head of the federal Housing Finance agency and this hearing is under three hours. We will come to order. Without objection the chair is authorized to declare a recess for the committee at any time. This hearing is entitled the end of Affordable Housing, a review of the Trump Administrations plan to change Housing Finance in america. Before i recognize myself members, today is [inaudible]s birthday come back if anyone wishes to sing happy birthday please save it until later. [laughter] we all thank you for that. Happy birthday. We now recognize myself performing its given soft Opening Statement. Good morning. Today we are here to