Good morning. Its saturday, august 5th. Im stephanie sierra. Well have more on that top story in just a moment. But we begin with the weather and a welcome back to meteorologist lisa argen. Good morning. Hey, stephanie. Good morning, everyone. Thank you for that nice warm welcome. Its good to be back. And were bringing on some warm for this first weekend of august. We have upper level northerly winds and a building area of High Pressure that has already put us at 70 degrees in antioch, upper 60s by the delta, mid 60s, san ramon and were looking at a cool 55 in San Francisco. So anywhere from about a degree to eight degrees warmer except at the coast we have that fog. It will be with us to keep temperatures comfortable there and we will have moderate to good air quality today only because by the time we get to tomorrow, another 5 to 10 degrees of warming and some very high upper level smoke, perhaps thats creating more of those hazy conditions. But you can see that we are even brighteni
Since april and the first time in 47 sessions where it broke the streak of days where the s p hadnt dropped by 1 first time we have seen a loss like this in a while nasdaq was down 2. 2 that was the worst day since february if you look at treasury yeields, we saw action. The 10year treasury pushing higher the 10year is 4. 41 2year at 4. 19 . Andrew, we talked about the market blowing off the downgrade from fitch in the morning. Yields under pressure which is the opposite through the course of the day, yields did pick up a bit i know you have comments from Warren Buffett in a moment i dont know if this is a number of earnings which were better than expected, but some were weaker you have the report. That brought the expectation to bring more pressure on the fed to raise rates that, to me, is a much better rationale than the fitch report. As you know, my view is not that it is silly. It is important to say aloud the world is a relative place. If you downgrade the United States, you have
Its saturday, august 5. We will have more on our top story in the moment. We begin and they welcome back to lisa argen. Thank you. Glad to be back. We are bringing on the heat this first weekend of august. We have High Pressure building thats set the stage for a sizzling weekend, especially inland, but as we get low clouds and fog are hanging around the coast. Current temperatures are anywhere from 50 in novato to low 60s around palo alto. That brings us from a few degrees cooler to warmer this morning. Santa cruz. The beach will be nice. Air quality is getting worse. It will be good in the north bay but moderate elsewhere as the heat begins to allow for some hades. We have a fire to the north in oregon. That could allow for haze. 80s and 90s. Tomorrow will be rp key but we stay comfortably the coast with 60s will be comfortable but we stay comfortable at the coast with 60s. Authorities are investigating a double homicide after officers found two bodies in san of madthe discovery when
Welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead. I am jack otter. What is the fitch rating downgrade mean for the healthy economy. Has the fed defeated inflation . Ill ask economist Jeremy Siegel remember the jetsons flying cars, we are one step closer as air taxis are set to kick off jovian beaver will tell us how it works. Later tupperware popped the lid off stop jumping 500 in one month. We begin as always with three things investors on a think about right now. Stocks were down for the week as bond yields search ten year treasury hitting the highest number since last november before pulling back on friday but cooler the inspected jobs report lifted spirits to end the week. Ship stocks have rallied on a. I. But rally from the biggest Semi Conductor disappointed investors. Amazon with a massive profit, will take a look at the tech giant stop what we learned about the health of the consumer. On the barrons roundtable carleton english a
Welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead. I am jack otter. What is the fitch rating downgrade mean for the healthy economy. Has the fed defeated inflation . Ill ask economist Jeremy Siegel remember the jetsons flying cars, we are one step closer as air taxis are set to kick off jovian beaver will tell us how it works. Later tupperware popped the lid off stop jumping 500 in one month. We begin as always with three things investors on a think about right now. Stocks were down for the week as bond yields search ten year treasury hitting the highest number since last november before pulling back on friday but cooler the inspected jobs report lifted spirits to end the week. Ship stocks have rallied on a. I. But rally from the biggest Semi Conductor disappointed investors. Amazon with a massive profit, will take a look at the tech giant stop what we learned about the health of the consumer. On the barrons roundtable carleton english a