Butchers knife. Our officer was on scene in less than a minute and he ended the situation less than a minute. He engaged the suspect and eliminated the threat. This is being considered a possible act of terror. That is the latest at the live desk. Im scott macfarlane. Back to you. And in cuba be preparations are under way for tributes to fairfax county. Go a memorial, but there are a lot of questions about what comes next in terms of cuba and the u. S. Jay gray is live with the latest. Reporter good evening from havana. Lines continue to stretch in almost every direction in a place that is dealing with both emotion after the death of fairfax county. The blast of cannons shatters the uneasy silence. A 21 gun salute to El Commandante perform schoolchildren, adults, even the son of raul castro, thousands wait f past the simple memorial. Its just a few seconds, but for now, its an emotional good by. He was the symbol of cuba. Reporter this cuban journalist says even though he was no longer
That we saw yesterday, increasing concerns about whether or not the fed is going to raise rates in june. Does the fed threat then rally . I dont think. So im not going to speculate on when theyre going to raise rates. The bottom line is you know theyre going to raise rates. It could be june or september, next year. What the real important question is what are you doing in the fixed income market if the feds raise rates you . Know theyre going to go up. Its just a matter of time. And i get very, very concerned about the 3. 5 trillion that is sitting in fixed income mutual funds as i look forward into a higher rate environment. They could be potentially at risk. Talk to me about stocks. Do you do anything differently with your stock portfolio . No, not at all. If you look at the market, i think the market is in great shape here. Reminds me of 1982 to 2000 market where it was up each and every year. Except for 1990 when down. 5 . One thing that you have to look at this market is theres no
Saying that it didnt expect the fed to tighten. You could see it, it rallied in the brief oneweek period where it seemed like maybe theyd tighten and raise expectations to 40 . After that crummy unemployment number gold rallied again saying theyre not. Today is interesting to me because its rallying along with the safe havens. I dont think its telling us this is any global panic. What it is telling us it not ohm fits in with the weak dollar trade it also fits in with the safe haven trade. Ive been on this all year and pretty harrowing times for a while but i like it now. This is jim says jack a kind of riskoff trade not an inflation protection trade. There aint no inflation out there. How do you see gold . What is it telling you . Tyler, there say big, red flag with whats going on in gold and people need to heed that warning. Its telling you theres been a loss of confidence in central banks. It really started a few months ago and its been creeping and one of the reasons why especially
The 100 billion beer deal has been brewing for months is closer now to being a done deal, sabmillers board will recommend that Shareholders Approve a take overby anheuserbusch inbev, boosted initial offer to the postbrexit drop in the british pound. Facebook could you up to an extra billion dollars, a transfer of assets to ireland in 2010 and new york fed is asking the Philippine Central Bank to help recover 81 million stolen by hackers back in february. That 81 million belonged to the bank of bangladesh. Roeuters reports the money was mostly laundered through the casino industry. All right. Tyler, im brian sullivan. Check on your friday, the s p 500 despite that disappointing gdp print briefly hitting yet another new intraday high, it has since pulled back. The magic number to watch for a closing high 2175. In the meantime the nasdaq is trading at a 52week high itself up by big gains in google, amazon, and much more on those names ahead. We are also all over this oil slide. Crude oil
News. Vicki our top storyor other top story we are falling right now is out of the east bay where police found a human torso near the bay bridge. Kron4s and kermit as liven oakland for us tonight would be tough on investigation. Then . Dan kerman . He was taking photos of the old bay bridge and the city skyline. He discovered a torso. Reporter at this point they believe the body has been in the water for one month for a little longer and once to shore several days ago. What we do believe that it is a young male. Reporter as to whether foul play was involved, early indication is there was not since there was no trauma to the torso, which raises several other questions. We do not know if this is a missing persons case or is possible suicide . Reporter now, we are not ruling anything out of the facility into foul play but likely not. They will run dna on this torso to identify who it was. Kron4 movekron4news vicki kron4 first told you about this story with a mobile push alert at 148 this