Moving tomorrow. Todays really kind of the last day where the warm temps inland are hot temps because we get a cooling trend starting tomorrow. Fire conditions for the cold fire to the east of the lake, tough to get information. I am using Weather Underground sites trying to get in between there. 63. 77 humidity. The temps going to get hot. The wind will pick up. Right now southeast two. Gusts to eight. I will update that in ten minutes or so. Fog has filled in on the coast. Its filled in that hole in the monterey bay. It was pretty solid there. Some of that has moved inland. Whats there is more in the fog category. Not much of a breeze. Anytime fairfield is under ten, thats a sign inland temps warm up quick. Santa rosa 48 this morning. Also in marin county some upper 40s. One system moved into the north, but a stronger one is going to drop in and that will enhance the fog bank starting tomorrow. Today if you are in the fog, visibility lousy and its cool. In the inland 90s for some. 60
Candidates couldnting more different, and the polls are very close. So the level of uncertainty is much greater than if we had a runaway frontrunner. Does the fear make sense . Should the averages have been merciless . Frankly, i dont want to make any determinations because at the end of the day, this is a political question, and that means its up to you. My expertise is picking stocks, not politics. There, even for one evening. But i just cant ignore the elephant in the room because that would mean ignoring whats driving the market, and thats whats coming up at 9 00 p. M. On cnbc. The first of the president ial debates between donald trump and Hillary Clinton. Im tuning in. I hope you do too. So where do we begin . Lets talk about what business thinks first of this election. As the wall street journal reported in an amazing story last week, and i quote, no fortune 100 ceos back republican this kind of tsunami support for clinton explains one of the major reasons for todays decline. It
Dow tumbling 167 points. S p sinking 0. 86 . Nasdaq losing 0. 91 today because the styles of the two candidates couldnting more different, and the polls are very close. So the level of uncertainty is much greater than if we had a runaway frontrunner. Does the fear make sense . Should the averages have been merciless . Frankly, i dont want to make any determinations because at the end of the day, this is a political question, and that means its up to you. My expertise is picking stocks, not politics. And im uncomfortable even going there, even for one evening. But i just cant ignore the elephant in the room because that would mean ignoring whats driving the market, and thats whats coming up at 9 00 p. M. On cnbc. The first of the president ial debates between donald trump and hillary clinton. Im tuning in. I hope you do too. So where do we begin . Lets talk about what business thinks first of this election. As the wall street journal reported in an amazing story last week, and i quote,
Volatile bonds anna we will be digging into those commodity stories, but in less than half an hour to the european open, lackluster if you are looking at risk appetite. Calm before the bank of japan and fed storm tomorrow, off by 3 10 of a percent. New female news as a takes them for glaxo in march. Guy lets talk about was happening to the gmm. Great way to start your day. Great gains yesterday for equity market, the ftse outperforming, doing solid business yesterday to the upside. Today, the focus is going to shift toward whats happening with the central bank story. The yen is on the move. Fx markets are reasonably calm, the little bit of strength coming through against the u. S. Dollar. Zinc also on the rise, up by 2 . Well really dig into the commodity story a little later on in the program. A great conversation coming up, the relationship with equities front and center. I want to quickly show you Deutsche Bank, with whats been happening at the selloff. Stabilization, but we will wa
Neon signs and it is kind of dirty on purpose. Right next door to the pot shop. We are cool. Not that i no that is where you buy pot. Abcaseven ipot. [laughter] i have heard. But you know you have this very comeau we are not a bank feel on purpose. I think the post office is closer to them than they are to the banks. In your conversations with elective and nonelected officials in the federal government kind of reaction are you getting . So far i will telli will tell you who has been supportive, and you wont be surprised. Senator warren early on. Very supportive. Senator brown recently, Ranking Member of the Senate Ranking democrats. Bernie sanders recently joined and very publicly. And so so for people who are focused on the stuff have not gained wide traction, but the conversations have just started. Hopefully more. It is best to not be involved in legislative. Legislative. The postmaster general currently is not set either way. The 1st female postmaster general. Less i sound a little