Santa clara county gets serious with retailers. Well tell you how many Health Violations they handed out on black friday. Today the city of berkeley reactivated its covid relief fund, hoping to help hundreds of struggling businesses and tenants. Im spencer christian. Mild weather of late november will continue into earlry december. Ill have the forecast. Abc7 news at 11 00 begins now. Building a better bay area for a safe and secure future. This is abc7 news. Scary. I mean, because covid. But the deals are good. Ahead of a busy Holiday Shopping season, Health Officials up and down the coast are cracking down. Some bay area retailers are being fined for covid violations. And tonight in los angeles, officials are strictly limiting any social gatherings to only people in the same household. It all comes as coronavirus cases continue to rise. Good evening. Thank you for joining us tonight. Im ama daetz. And im dion lim. With the Holiday Shopping weekend in full swing, officials are trying
Materials, industrials hitting new intradays. The small caps doing well. The russell 2,000 at the far right side of your screen. Jim, i want to know where you think we are now you have great vaccine news. Its consistently great. Were not that far from 30,000 on either day we have headwind tailwind. Each day you can make a tailwind case i can make a tailwind case that you have to buy the airlines right now. This norwegian cruise deal is done, you want to buy that group. I can make a case that you have to buy the stay at homes, the deep cyclicals, a case for the technology stocks. This is what weve looked for. Thats why i came in gunning for the armageddonists theres a fabulous piece out that covid did not rescue the armageddonists from underperformance and purgatory its time to call them out im asking all the panelists to call out the people who said it was the end of the world call them out. Well, weve gotten great vaccine news it sounds like to me youre saying you can still buy the cr
Else. Im here with john francis pavement to parks manager and this parklet on van ness street first of all, what is a parklet and part of pavement to Parks Program basically an expense of the walk in a public realm for people to hang anti nor a urban acceptable space for people to use. Parklets sponsors have to apply to be considered for the program but they come to us you know saying we want to do this and create a new space on our street it is a Community Driven program. The program goes beyond just parklets vacant lots and other spaces are converted were here at playland on 43 this is place is cool with loots things to do and plenty of space to play so we came up with that idea to revitalizations this underutilized yard by going to the community and what they said want to see here we saw that everybody wants to see everything to we want this to be a space for everyone. Yeah. We partnered with the pavement to Parks Program and so we had the contract for building 236 blot Community Ga
Beyond. That first macro trends advisor mitch rishel joins me now, retailers were already offering deep discounts ahead of the start of the Holiday Shopping season despite all the advanced shopping, is there still some pentup demand . I think theres tremendous pentup demand, deep discounts went down into the summer and some retailers especially the division is offering them as black friday deals on fridays in july and august, tremendous pentup demand, i think its cabin fever, retail therapy, i think there is enough momentum to carry us through the holidays with the level of volume. Dagen is there enough money to curious into the holidays remember the extra money people were getting on their unemployment checks that expired at the end of july, is there enough money that people have socked away to really drive sales . I think so, you look at the savings rate which spiked in april and even has come down a bit, it is still two times the level of savings that americans normally do think abo
That first macro trends advisor mitch rishel joins me now, retailers were already offering deep discounts ahead of the start of the Holiday Shopping season despite all the advanced shopping, is there still some pentup demand . I think theres tremendous pentup demand, deep discounts went down into the summer and some retailers especially the division is offering them as black friday deals on fridays in july and august, tremendous pentup demand, i think its cabin fever, retail therapy, i think there is enough momentum to carry us through the holidays with the level of volume. Dagen is there enough money to curious into the holidays remember the extra money people were getting on their unemployment checks that expired at the end of july, is there enough money that people have socked away to really drive sales . I think so, you look at the savings rate which spiked in april and even has come down a bit, it is still two times the level of savings that americans normally do think about the t