Giving you a look outside our doors what we have partly cloudy skies to partly sunny skies. Again, we have been talking about the remnants of the former hurricane bringing us the tropical like weather. Meanwhile, we have High Pressure strengthening. And the two combined bringing advisories to the bay area. Santa rosa reporting 90 degrees. And it is only much time. That means santa rosa could warm another 5 to 10 degrees before the end of the day. 74 in oakland, 73 in san francisco. 91 over san jose. Our inland cities, i will say it again, have the opportunity of warming from 5 to 10 degrees from where we stand right now by the end of the day. Yesterday and into today you get almost century mark as well. Inland areas overcome court 105. The advisories went into play earlier today. Right about 11 00. You continue to see two shades there. We have yellow which is around our bayside communities as well as the north bay. The heat advisory started an hour ago and goes until tonight at 9 00. R
Here in new york but the markets are a little soggy right now United Health, the biggest of the dow downers. Morgan stanley lowering its price target but keeping an overweight rating for United Health peleton shares are trading lower marking another disappointing ipo. Bob is looking at some of how the biggest names are performing the buying public is saying prices for ipo is too high even if its centered around sound concep concepts this process has begun several months earlier of 120 ipos that have gone public, 22 have broken their ipo price on the first day of trading. About half are still trading below their initial price. Many ipos started really strong but they have been slipping recently as the investors question the valuation had a great week it was up 26 . Its now 6 this week. Crowd strike was huge back inror months but its down 16 this week mpl peleton off the lows of the day and disappointing debut for the company that makes those bikes and treadmills and offers classes. In w
Just under 30 minutes to the close of trading. The stoxx 600 snapping three days of gains, the longest run in a month for europes equity benchmark. Financials leading the losses. Part of that driven by lower bond yields we were seeing earlier in the session. Most Industry Groups in the red and in the green, you do have utilities outperforming. I will about metals in just a moment, but first, a great chart showing european docs. The pricetobook ratio compared to the s p 500 pricetobook, european stocks are at their cheapest versus u. S. Stocks on record by this measure at least. That is something to keep an eye on when we talk about where investors should be putting their money in the equity markets. Looking at the euro, i talked about the ecb accounts and the fact that we got some signals that the ecb with concerns about a stronger euro, so we did see the euro dipped just after thes accounts came out. It has recovered ever so slightly, but we are down to 10 support of a percent on euro
We just experience. It is. We have seen three times as much snow on average. All of it has a huge Economic Impact especially on the airline industry. In january, we saw an incredibly number incredible number. We have seen an Economic Impact sales figures were impacted in january due to the cold weather. Impact on people going out and shopping for cars. His shadow. Il saw this is obviously happening. Weekend . E expect this will it continue like this throughout february . Serious, real data. I would like to think i am more accurate than the groundhog. We are looking at a long winter so far at least this week. The first week of february, three storms in one week. One came conveniently after the super bowl, was fans are happy about. That one that canceled 2000 fights on monday when people were trying to get back. Another one today and it possibility of a third storm on sunday. Predictions have been all over the place. It is still a few days away so it is difficult to call. I do not want t
There is a role when one senator ofugns the character another, you can rise in a point of personal privilege. Aere is no rule that allows person to rise on that same point of personal privilege. Forth isd canard put money is not speech. That has been repeated over and over again. I would note any first year law student who put that as his or her answer on an exam would f because it is obviously demonstrably false and it has been false since the dawn of the republic. Speech is not just any on a soap screaming on the sidewalk. From the beginning of the republic, the expenditure of money has been integral to speech. The Supreme Court has said that pamphlets, the federalist , took money to distribute, putting up t billboards. Every of those were cars expenditure of money. Every person in this room, if you think about it disagrees with the proposition that expending money is not speech. Publishing a book is speech. Publishing a movie is speech. Ging is is speech blog speech. The third canar