Thank you for having me. Always a pleasure. I remember our first interview you called attention to the fact that Tech Companies and we have a bunch of those here in Silicon Valley have had free rein with our data and we have no chose. Prop 24 is going to give californians privacy rights that are unique here in the United States but have already come the law of the land in the eu, so the eu has been the trail blazing entity in californias going to hopefully catch up and then after this becomes a law in california, i believe other states are going to look up and say why do californians have all these data and privacy rights that we dont have. California could end up leading the way. Im incredibly excited about prop 24. People think theyre making billions of dollars and we need to change it. We need to get control of our own data. How does that add on to the California Consumer privacy act of 2018 that took effect earlier this year . Doesnt it give us the right to opposite out of the sale
Some temperatures are cooling. There is not a screaming delta wind. It is not as hot as yesterday. We have 50s and 60s on the temps. We have fog and low clouds. The highs today are near average for some, slightly above for others. All right, over to allie, you said you had a minor blip, or is that better now . It is getting better. I am talking about south bound 238 before westbound 580. You can see it on the maps. It is no longer coming up as a crash on the maps. There is still some towing that needs to be done for this single vehicle crash. It is not causing too much backup. If you are taking i880 past the coliseum, you will see no problems to worry about. It is a short drive macarthur maze, 16 minutes. Once you get to the bay bridge toll plaza, things are pretty clear it is nice and easy on this monday morning commute. Lets go back to the headlines. Happening today, Oakland School students have the first day of school. There is still no deal between the Teachers Union and Oakland Un
Delays from washington from the trade deal to the stimulus negotiations, deadlines and expectations being pushed back the weve got 59 minutes left to go in the trading week s p 500, 16 points from a record close. Down right now, jon. Still higher on the week everyone except the nasdaq great to be with you this afternoon. We have a big show coming up to finish out the week. Were going to speak with minneapolis fed fred neel sakashkari and later, as stimulus talks grind to a halt, well speak with Maxine Waters about whether there is any compromise to be had. Plus, shell discuss a new bill encouraging the fed to use authority to close the racial wage gap in this country mike santoli is tracking the Market Action. Start us off on the broader market. You can call it resilient or fatigue or really anything a standoff here at the record high levels of the s p 500. The past four days have basic clind of touched it or been shouting distance of it. The were just hovering there. Up 3 or so month
Exists, goes. Meeting,he big fed take a look at the 10 year we are down to 58 basis points, going back with that handle. Earlier in march when the 10 year dipped below 50, a strategist said, i am no longer writing about the 10 year because it is nonsense at this point. I push this story forward to see what the fed has to say about this. Caroline lets push it forward to next week and get jonathans perspective. How are you looking at a week where we headed bloomberg . Next week, we get big earnings. Where are the areas of the market that are unloved that could be opportunities . Jonathan if you look at one area that is interesting, it is going to be the financials. If the economy is better, if we get a vaccine earlier, it is going to be that group that is going to either continue to anchor the market lower or if this does relieved to the upside , that is a group that could do better and there is a disparity between credit spreads, which are saying, no one is defaulting on a loan, everyth
No response as of yet from the company. This is less than the amount Travis Kalanick has sold already since the lockup expired. Guy here in europe, very light volume. Stoxx 600 down by 0. 1 . Bottom,stocks at the firmly in the red. The euro is actually negative today. Saw germany avoiding recession, but the euro is down because that is going to make it less likely that we get german fiscal stimulus. But weig move, though, are trading around the 1. 10 level. The german tenyear has bounced back by 10 basis points this week. Today we are down by another four basis points, so we are starting to get a little but of traction back in the bond market right now. I suspect the euro is about the german story. The german tenyear story i think is more about the trade story. Vonnie hong kong crippled by chaos for a fourth straight day. Public schools are closed through sunday. Companies telling employees to stay home. Major events are being canceled, and some train lines suspended. Earlier, chinas s