Speaker paul ryan. Lets begin with the election. What do you think is the state of the Republican Party after november 3rd . You know, its surprising, its an election where you had the rare event of an incumbent president getting voted out and yet republicans seemed pretty happy generally with the outcome not because hes lost but because downballot they did so well. I think there was a lot of expectation after this election, if the polls were right and it was going to be a blowout for democrats, that there would be a lot of grappling within the party about what it stands for and what the future is and where to go from here. I havent seen that at all. In a lot of ways republicans feel like what the outcome particularly down ballot is justification of everything that the president has been doing and that trumpism, if you will, has worked. You had a situation where democrats were expected to take another 10, 12, maybe 15 seats and in fact had lost close to 10 in the house. Certainly, demo
Now. Hes tlets begin with the election. What do you think is the state of the Republican Party after november 3rd . Its surprising. Its an election where you had the rare event of an incumbent president getting voted out. Down battllot, they did so well. There was a lot of expectation that after this election if the polls were right and it was going to be a blowout for democrats, that there would be a lot of grappling within the party about what it stabnds for and what the future is. I havent seen that at all. Republicans feel like what the outcome particularly down ballot is justification of everything that the president has been doing and that trumpism has worked. You had a situation where democrats were expected to take another 10 to 12, 15 seats and have lost close to 10 in the house. Democrats are very demoralized about not getting the senate. Everybody that waswas hoping fo conversation among the party about what we stand for, i think thats put on. For the time being, despite the
This weekend, but again, these are fast moving pieces. Were looking at uber and lyft that might be exiting california because of some new requirements that they treat their freelance workers like employees. That could be a costly issue for them, so much so even though it accounts for about 60 of their combined business, the state of california alone they would still leave rather than put up with that. In new york city, forget about the virus, forget about eventually opening up gyms next week, the fact of the matter is, new york city is a safety concern right now with residents in once red hot real estate markets saying enough. It has gotten so bad theyre bolting. The visitors upon hearing this, theyre just not coming. So were following that. Right now were also following the drama in washington as at least the house considers coming back to deal with this postal issue. Chad pergram on that. What are we talking about here, chad . Reporter the house of representatives is going to meet on
Angela merkel may be pouring a little bit more cold water on that idea in the last hour. Vonnie absolutely. It is hard to understate the extent of the rally here. We have consumer durables leading this rally, up more than 7 in the s p 500. Itself is up 4. 4 . Even in the s p 500, the worst performing sector is up 1. 25 right now. The dollar index is up 0. 25 . A live at of weakness for the 1. 0785. Ding at the Canadian Dollar stronger today at 1. 4742. Guy lets get some more insight into what is happening with these markets, a little more context as to where we are potential he going. Mber, Global Market strategist at jp morgan asset management, joins us on the phone. Looking at what is happening around world, seeing signs that there may be stabilizations happening in a number of countries when it comes to coronavirus cases, then extrapolating that into the equity market, i am wondering whether that is a step too far. Hugh i would agree with you because i think at the moment, what we s
End of the bay area. This line of rain will be marching into the central and south bay. It is expected to fall apart just a bit. But northbay is going to get the most out of this. In fact, we already seeing it. We have some light showers over the hills, into areas along highway 101 from hillsboro through santa rosa, down towards petaluma. Then we take another shift over here, napa, it looks like just approaching sonoma. We have light shower activities over the northbay. We have some right along the coast year. Just a bit north shifting into the south bay, nothing reported here. A little bit a drizzle and many spots. Heres a look at the sierra were we do not have an advisory for travel. Although we do have a rain snow mix right at about 6500 feet. Daughter passed is expected to pick up a few inches. You will need the chains or tires. When i come back, better details on this rain, the timeline, and what we can expect. Thank you. Now to the historic impeachment trial of President Trump wh