Still ahead robin. A pretty busy commute to San Francisco right now thanks to an early trouble spot. Of Treasure Island so lets go. Dont know whats wrong with the mikes all toss it back to you i will work on that thanks a lot robin. Meantime the big story that were following is possible Power Outages people are bracing for shut offs pg and e is releasing more information too about which areas could be impacted. Yeah weve got kron 4 Sarah Stinson standing by in Sonoma County with a look at what we can all expect sarah good morning. Other finally releasing you know which counties how many customers will be affected by this power shut off if it happens. Tomorrow afternoon and it could be as many as 22,000 customers take a look at your screen we rode out each county for you and spelled out just how many people would be affected you can see there on your screen it would be including alameda contra costa santa clara and san mateo counties and then as we slide over to the next one napa sonoma
If you are looking for leadership in the market, you are going to find it in real estate. That is not necessarily encouraging. Secondbest performing sector is consumer discretionary. This is typical this time of year. You see a lot of retailers being bid up ahead of the black friday shopping season. You are also seeing a lot of the big retailers and apparel makers getting bids higher here. Then we take a look at treasuries. Third straight day weve seen a bid going back into treasuries. A lot of this is actually a little more on the short end of the curve. Seeing a lot more bids in the twoyear space rather than the 10. That is creating steepening, but still, the flattening over the past six or seven weeks still pretty dramatic. Gold rebounding off its lows for the day. It had been down. A lot of bearish notes coming out saying that the gold rally may finally have run out of steam. We got some data out of china showing purchases there, imports into the country have fallen. We also had so
Joining us for the entire hour is tobias levkovich. Welcome. Thank you is this just a bounce from oversold conditions or would you buy into the rally i think that it is more of a bounce off oversold conditions look, things like energy, financials, have come back we were so hammered in the last couple weeks the issue that you need to resolve is earnings. That will be the more problematic phenomenon and so do you feel good about what earnings could be i think that earnings are still too high for the balance of the year and beginning of next year. I think consensus numbers for next year for example are about 10 , probably should be more like 5, maybe 6. So that is the issue so doesnt feel so good the white house pushing the message that recession fears are overblown. President trump tweeting today, our economy is very strong decembspite the lack of vision the fed but democrats are trying to will the economy be bad for purposes of the 2020 election. Very slchish before our dollar is so str
The situation in many areas, zelenskys formation was lost even more 900 soldiers, mercenary officers. Five tanks and 14 other Armored Vehicles were destroyed, as well as another 18 galbits and selfpropelled guns, mostly american and british polish made. Air Defense Systems shot down five stormshadow missiles, seven highmarc rockets and 107 combat drones. It is growing in germany. Scandal surrounding the leak of negotiations of german generals who discussed the attack with taurus missiles on the crimean bridge and a military warehouse, the fact that the ministry of defense recognized the authentic recording, counterintelligence is already concerned about the leak bundeswehr, it turned out that the generals, in violation of all instructions, discussed topsecret plans on the phone, and the press is now making fun of them. The german opposition, by the way, is only concerned about the fact of the leak, and not about the generals. Asymart takaev joint projects in the trade, economic, transp
Good morning looking to debate debit australia. I am paul allen at the Investment Conference in sydney. We are counting down to asias major market opens. Good evening from new york, i am stare on. The top story this error. U. S. Stocks and treasuries rise as the latest five comments fuel speculation the central bank is headed toward another pause in rate hikes. President biden boastful support and military aid for israel. The combined death toll now approaching 2000. And china is said to be ready to unleash a new round of stimulus. Take a look at how u. S. Features are coming online. 20 early in the session. We have stocks and bonds gaining ground on that commentary coming from a fed official. We have the s p 500 gaining ground for third session. A little bit of a technical rebound. We have the 10 year yield fallen toward that 4. 6 level. A little bit of catching up for treasuries with a global bond round. We are looking ahead to plenty of data including thursday cpi numbers. Not to me