Bounce back in the worth session in more than a month pete, i began with you he said the top of the market was on september 2nd, that the bubble has already popped. Were now in the midst of an enormous tech bubble ipo mania, extraordinary valuations and new metrics for valuation, the more fanciful an distant, it seeps the better the stocks performs. Is he right . Are we in the midst of an enormous text bubble, pete i think we are in the midst of certain sections of text that are definitely in a bubble right now, scott theres no doubt about that. We look at some of these names that have absolutely soared to the up side. We all know those names. Zoom would be the poster child you go across the board and say theyre in the right place at the right time but are they fairly priced or are they a little bit in that bubble area i think many of them are but right now, scott, its about growth and there has been growth and cash and last week we heard wre rick riether last friday and youre looking
Mike is keeping his eye on the commute. First, meteorologist kari hall and the beautiful shot behind you. Whats that, kari . Well, just a fake background of san jose. Lets talk about whats going on for the bay area for today. Now we will have some hot weather in the valleys and also the north bay wind gusts will be pretty high today. Were worried about the high fire danger as well for today and the next several days as our winds could pick up. Hotter as we take a look at our high temperatures for this afternoon. 83 today in palo alto. Mike, whats the update on the commute . I have real monitors behind me with real Speed Sensors showing you actually changes for oakland. Lets take that up. Well zoom in to the nimitz. The northbound side got the all clear saying they are clear. The southbound side the last two minutes have speeds back to the green level. That construction is cleared heading to 23rd away from the bay bridge. In a couple minutes well show you what things are like and why th
2 , the nasdaq down about 1 3 4 that very much in focus because of those earnings that are looming. Joe teranova, you first. Youve got dr. Gottlieb saying the u. S. At a tipping point, youve got mark meadows at the white house saying were not going to control the pandemic. Is this mountain getting too steep to climb for the market . Well, without stimulus the answer to that unequivocally is yes. Rising virus cases need more stimulus there has been overs last couple of weeks a modest broadening out of the rally within the market, but its really been all about industries, scott, industrials, trading to an alltime high as a sector but why is that . Its on the belief there would be stimulus, consumer discretionary, examazon trading towards its highest levels why is that . Because theres monetary support in the form of stimulus. It just highlights how important stimulus is. You need this mosaic of coordination to respond to the virus and any incident of rising virus cases learned itself to
A top military official tests positive for corona virus several others are now in quarantine. Shackled and imprisoned against their will dave reports thats revealed the shocking reality for thousands of people with Mental Health conditions and confirmation that are lakes in a valley walls poisoned by knopf a child and in his 1st interview since falling ill he once again points the finger at the kremlin. We begin the news hour in kurdistan a nation on edge after the resignation of the Prime Minister and widespread protests it follows sundays disputed parliamentary poll the countrys Election Commission has an old the early results from the vote and demonstrations of storm state buildings in the. Capital bishkek they were accusing the government of rigging the election in its favor protesters freed former president account by f. And other senior officials from jail but president sued by e. M. I. Because of has insisted he is still in control of the country stratford has more now from bish
I want to thank Ranking Member klobuchar and her staff for working closely with me and my office as we prepared for today and i also want to thank our chairman, the chairman of the full Senate Judiciary committee, senator graham, for his support of this hearing. After i and then senator klobuchar giving our opening remarks, well hear from two panels of witnesses with questions from members of the subcommittee. We have Something Interesting to deal with in the senate and every time they call votes, when they call votes during a subcommittee hearing, were at their mercy. Senator klobuchar and i have both cast our votes on the first of a series of three or four. At some point, were going to have to pause or tag team as we allow other members to sit in for us, just dont be eisenhower sitting on a stone block in the direction of the greatest accomplishments the president of the United States and Supreme Commander of the forces him. Greg on welcome to todays hearing with the policy and Consu