On the ground in places. All these clouds will burn off by the late morning and then it is nothing but blue sky and it will be just as warm as the last few days. Sunny and mid60s. Gianna, how is the drive looking . If you are working your way toward the altamont pass, we have a few brake lights here for that right out of tracy heading onto 580. That typical crowding we see for that commute has already started for your monday morning drive. Your travel times are officially in the yellow zone. 35 minutes now to go from 205 toward 680. I am getting reports of a new trouble spot along 580. This is a portion in the oakland area. We will take a look at that but the san mateo bridge is doing okay in both directions. Not seeing any brake lights through there. We are waiting for more information from San Jose Police right now on whether or not they caught a suspect after somebodys stabbed and killed two people and injured several others last night in a stabbing at san joses Grace Baptist Church
Beyond. That first macro trends advisor mitch rishel joins me now, retailers were already offering deep discounts ahead of the start of the Holiday Shopping season despite all the advanced shopping, is there still some pentup demand . I think theres tremendous pentup demand, deep discounts went down into the summer and some retailers especially the division is offering them as black friday deals on fridays in july and august, tremendous pentup demand, i think its cabin fever, retail therapy, i think there is enough momentum to carry us through the holidays with the level of volume. Dagen is there enough money to curious into the holidays remember the extra money people were getting on their unemployment checks that expired at the end of july, is there enough money that people have socked away to really drive sales . I think so, you look at the savings rate which spiked in april and even has come down a bit, it is still two times the level of savings that americans normally do think abo
I thought it was and i originally set out the title of early treatments for covid essential component of a covid solution. It was inevitable was inevitable that the coronavirus pandemic would be politicized and this is a tragedy that it was paid from the start i knew it was impossible to have a perfect response and we are facing a new virus that caused an entirely new disease. No one wanted to under react and as a result i fear the tendency would be to overreact and create Unrealistic Expectations regarding our ability to stop a highly contagious pathogen. The challenges facing us were daunting and our National Strategic stockpile have been reduced during the h1n1 pandemic and had not been replenished. It took time to develop reliable tests and even more time to Scale Production to meet the demand. The fact that a large percentage of people that become infected exhibited no symptoms made the coronavirus even more difficult to detect and contain. I have tried not to criticize the electe
Shares of pharmacy giants are under pressure after amazon said it was jumping into the Prescription Drug business bowe is off a little pour than 100 points nasdaq and s p clinging on the gains. Coming on todays show, retail earnings season full swing. Shares of coles are higher after topping eps estimates this morning. We will talk with the ceo. Plus, as the u. S. Is seth coronavirus records we will talk with dr. Eric gooseby. All of that still to come. First lets focus on the big stories today. Mike santoli is tracking the market phil lebeau has more on teslas spree into the s p 500 and we will talk about the pharmacy space and amendss move into it. Mike santoli lets start with you. It was the morning was off the lows a mild pullback. Market seemed like it needed to cool off and rest for a day. Right now riding the upper rail here we close at a record yesterday remember that. Above 3600 working below week ago mondays high hard to tell whether thats going the matter or not. Thats about
As rep. Tom cole, republican from oklahoma. We have asked you this question before. Always had a large reading list. What is on your current reading list. Tom i have just finished the splendid in the bio b is a wonderful recollection of his family during the war during 1940. Its really been day of the german and some of the countries in france. And then basically, what it was like to standalone against nothing germany. Until the june of 41, then the russians were in the war and then obviously, by december of 41, the United States were in the war. Its a wonderful read about a god that i consider literally the greatest person of the century. In the supreme ordeal of his long career. Also been reading. I just picked up the great historian by the name of jean edward smith. Great biographer. I read his biographies, tran10 eisenhower. And eisenhower was by far the best biography ever written about him and there have been good ones. It he died in 2000 in 19. So right now, i just got into what