And that because your point on bonds. Right now we have the 10 year yield backing up six basis points on the week, up 14 basis points. The worst week for bonds going back to august. Bonds selling off. That pushes yields higher on the idea there is some kind of recovery happening around the stimulus. It is going to be interesting to see whether or not the 10 year yield can break out of this range. David we will have to watch that carefully. We knew the job numbers would not reflect all of the covid surge, but we did not expect them to be showing downward trend before the covid came roaring back. To take us through what the numbers may indicate we welcome douglas holtzeakin, president of American Action forum. He earlier served as director of the Congressional Budget Office as well as chief economist under president george w. Bush. Great to have you back with us. Disappointing on the downside. How much should we read into that . Douglas the real significant piece is on the Household Surv
Kron fours Charles Clifford has the story. In front of San Francisco city hall on friday more than 100 protesters were here opposed to the ongoing shelterinplace order that the state has mandated to be extended for at least another month now despite all evidence that social distancing is working and the fact that more than 1900 people have died in california from coronavirus these protesters want the state to reopen i talked to one gentleman who feels the government got it wrong from the beginning. And i think that theres a lot of this virus. It is unmerited a due to those. Mishal models predictions that have now been proven to be so far off the justification for locking this down if it even existed then has has diminished. Also on friday more than 100 vehicles circled city hall in a protest asking that the city and the state relieve rent payments and mortgage payments as People Struggle with coronavirus right now 30 Million People are unemployed. Many of these people are not going to
The beginning. And i think that theres a lot of this virus. It is unmerited a due to those. Mishal models predictions that have now been proven to be so far off the justification for locking this down if it even existed then has has diminished. Also on friday more than 100 vehicles circled city hall in a protest asking that the city and the state relieve rent payments and mortgage payments as People Struggle with coronavirus right now 30 Million People are unemployed. Many of these people are not going to be able to make their rent or their mortgage payments are here today in order to. That people be given relief. When theyre otherwise going to be put into the streets here in california there is already a moratorium on evictions if you cant pay rent your mortgage because of coronavirus related problems. You cannot be evicted however there is not rent relief and it falls to the state to provide that sort of relief unfortunately right now the state legislature is not in session. They are
Asking governor newson to end the stay at home orders and reopen the economy. Thank you for joining us tonight at 8 oclock everybody im grant lotus and im Vicki Liviakis we are a little more than a month and a half into quarantine and protesters are taking to the streets against the order. Governor Gavin Newsome insists its helping prevent more people from contracting the highly infectious coronavirus. And mayor in San Francisco, one of several bay area. Leaders who is extending the shelter in place by at least another month kron fours Ella Sogomonian is live in the newsroom tonight with the latest tug of war between local leaders and opponents l a. People against ongoing shelterinplace rallied outside of San Francisco city hall today demanding that it be over and done with take a look at the scene as more than a 100 protesters held up signs calling governor newsome a dictator. While others waved american flags in the air. They want the state to re open and just go back to normal now,
Kron 4 news news at 9. I know its may day may day every year and we should thank people for expressing themselves. But that expression obviously this year is one of frustration and concern, deeply understandable anxiety. Hes reading the room now at night protesters across the state are growing restless wish the governor shelterinplace orders you see the demonstrations. This comes as the governor said today quote were talking about. Not many weeks but many days that is when were going to be easing some restrictions so. A bit of optimism there thank you for joining us tonight at 9 oclock everybody im grant lotus and im Vicki Liviakis p even with that optimism from the governor some people here in the bay area. Are starting to get pretty restless indeed, hundreds of people took to the streets to protest the ongoing lockdown as for relief from rent and mortgage payments, they rally here outside San Francisco city hall today. Despite evidence that physical distancing is working in that more