Blowers complaint was released by the House Intelligence Committee this morning. The acting director of National Intelligences that whistle blower did the right thing. Intelligence says that whistle blower did the right thing. All eyes on James Maguire on capitol hill. The acting director of National Intelligence answering questions about a whistle blow urs complaint over a phone call made by President Trump. Whistle blowers complaint. I believe this matter is unprecedented. I also believe that i handled this matter in full compliance with the law at all times. The whistle blower alleges President Trump abused his power to so hi it is interference from a foreign country in next years election during a phone call where trump asked the president of ukraine to investigate former Vice President joe biden and bidens son. The complaint also says the white house tried to lock down all records of the phone call, including the word for word transcript. Democrats are calling it a cover up. And e
Since the great recession. Is now the time to start worrying we asked this question because we said it only lasted a couple of hours, no big deal. Here we are, two weeks later it has been at, near or inverted for the past two weeks. Although. 3 back in may. Three months ago, true. Now we have all of these indicators flashing recession, recession, recession should we you should always be worried i think, but i think with worrying comes pete uses the word all the time, trading opportunities. I think thats what you have now. He said something a couple of weeks ago, stay with me, the volatility will be volatile. I agree with that. I will Say Something that ive been pretty steadfast, i think the market will bottom, s p 500, when the vix prints. I think the trend will continue to be lower for all of the reasons you mentioned. There are other reasons as well. It is not just the u. S. china trade. Quite frankly, it is not just this inverted yield curve. Other things are going on as well the ma
Highway 4. Looking at the bottom of a screen, crash on 87 and slowing that did clear to the shoulder. This exclamation point is part of our next big story. The slowdown continues to build, the motorcycle crash blocks your two left lanes at hillcrest, westbound highway 4, jammed up from about laurel and building coming out of antioch and that is an issue also the brentwood area but the deal is that injuries sounds like theyre at least not so severe that they couldnt move the motorcycle rider. The rider was sitting in the back of a pickup nearby. The rest of the bay approach toward the bay bridge moves smoothly, a crash moved to the shoulder at the toll plaza. Well check on that next. A man is clinging to life after a brutal stabbing at a south bay gas station. It happened right off of highway 17 and campbell. Kris sanchez there right now. Kris, anything new from police this morning . Reporter well, it looks like theyre starting to wrap up their Crime Scene Investigation here at the shel
Extraordinary development. The former new york fed president says the Federal Reserve should not quote, bail out an administration that keeps making bad choices on trade policy. Hes gone political. Dont lower rates to help trumps reelection . An antitrump guy urging the fed to work against President Trump . You got to sthak yohake your he that one. Unfortunately, thats what most financial people are saying today. Hes wrong. Now the market. Even with a sharp yield curve inversion, stocks show a small loss. Down 40 points. Remember two weeks ago, when the inversion appeared, the dow dropped 8800 points in one day. Now the market shrugs. The dow is going to be off 40, s p maybe four, nasdaq down 17. Marginal fractional losses. Weve got a lot more for you. Boris asks the queen to suspend parliament. And a new poll, how is joe biden doing now . Varney company is about to begin. Stuart all right. Here are the latest results from the quinnipiac latest poll. The democrat field, biden 32 . Warr
And fog. Tropical moisture mixed in with that and there are areas that pop up more so over the sierra. I would think the Sacramento Valley and gusts over travis, a huge difference compared to come there was no wind at all. San jose, toward patterson and a bit of a development over the higher peaks there and something to watch for later on. Yesterday was a better opportunity for that as it developed east bay and over the Sierra Nevada. For us, the low clouds and fog, a cooler pattern for everybody, 60s, 70s, and 80s. 7 01, youre looking at the screen. The magic of. , i can put it up on your screen. You can come if youre not watching. Crash on the east shore freeway. A couple of cars there and that i are in the point that is the triangle area there between the car pool lane and regular lane. At one point, it was in the lanes. Kevin pulls back, that is giving us matrix. Its slow if you approach from berkeley. Well show you how slow that is now that we have the problem off to the lanes. Wh