And lets get right to it because only one thing will matter next week, the fed. Will they ruin the rally and what trades look good ahead of the event. Lets find out. Mike, what do you say . I hear everybody saying theyre not going to raise and theyre never going to raise, not in september, not in december. 25basis point raise is really not that meaningful. We were talking about it before the show. I dont even imagine its going to change the long end of the curve all that much honestly. I think there might be a couple members over there saying to themselves maybe this is our one chance. Its not going to hurt things that much. Not a shot. When you think even the tools in the they do it when they want to ease monetary policy. On the upside they do not do it. Theres no point. I agree with you a 25basis point moch which would only be the second is in ten years would not be that big of a deal its global though and every they have a license in some position because when were all in it, here w
We could head out there as well and mineta. And in san jose its 58. Later today warmer than yesterday, fog at the coast mid to high 60s. 60s, 70s at the bay today. 70s around the peninsula. 80s and low 90s inland. Full friday forecast and weekend outbreak coming up but right now, good morning roqui. Good morning. Lets take a look at the first crash of the morning westbound 580 along the Altamont Pass. This is right after that 205 split. Its a threecar crash not blocking any lanes. Its off to the shoulder now but well keep you updated as to when its clear. Expect some slowmoving traffic through tracy on to the Altamont Pass. But clearing up until you get to the dublin interchange. Heres a live look at the slow moving traffic Altamont Pass to 680 westbound will take you about 15 minutes. Nimitz freeway, looking good in both directions. San leandro, 238 to the maze northbound will take you about 20 minutes. A look at the roadwork still hang on eastbound 80 the lower deck of the bay bridge
Walk us through just how big a deal this merger would happen, and how close the scrutinizing has been. One of the longest deals weve had running. Its been more than the year. It would have been a very big deal. Halliburton and baker hughes were looking to merge to better compete against slumber j which recently acquired cameron. They dont fly. Its been very seldom that a market can be down to a duopoly. Lisa baker hughes shares not moving much. However insurers also not moving that much. Why . This has been dragging on so Long Committee of investors may have already been expecting this. Halliburton and baker hughes have been trying to make concessions, trent to offer up settlement for a long time now trying to offer up settlement for a long time now. Theyre facing regulators in europe and brazil as well. Theyve been trying to make this work, weeks and weve seen halliburton trying to offload a bunch of assets. Antitrust officials will be talking about the global reach. It is a huge deal
A lot to focus on from those new treasury rules to disney to fed speak. Europe in the red after unimpressive pmi numbers for march. Well get ism services in an hour and oil not bouncing after kuwait says they still predict a Production Cut in doha. We begin with the new tax inversion rules threatening the pfizer and allergan deal. Disneys heir apparent, the companys operating chief stepping down. Who is next to lead . Minneapolis president going after the big banks saying its time to end too big to fail once and for all. But that wildcat victory, theyre calling it maybe the best final ever. First for the wildcats since 85. Chriskris jenkins, how do you not celebrate that shot. This is a moment you look at jay wrights team, theyre a bunch of kids who go to college and also play basketball. Thats important. You dont go to villanova to play for the heat after a couple years of not taking classes. You go to nova, get a degree. Some of the parents of the guys on the team, they went to schoo
Not 7 00. Milpitas is on the big board in some of the rain totals. This is a really quick moving system. Kentfield a quarter of an inch. And mill valley, 19 100ths. And milpitas, 12 100ths. And theres not a lot left of the system. Clearing taking place. And the old breeze is getting cranked up. South bay, maybe parts of the east bay, 47, 46, 49. San rafael 47. And west at 15 and 16. And it will be a blustery, cool day out of the west, northwest. And gusts over 20 plus. And Higher Elevations at 30. The big strong low is up in the north. And we get the tail end of the front. And this system is ushering in cooler temperatures. Clouds and morning rain. And windy and cooler and rapid clearing with 50s and 60s. 5 02. Traffic still okay . Its okay. Weve had people driving too fast for the conditions. Just be careful and make sure youre not driving too fast. And if you see someone who else. Try to gently steer away and avoid them. Theyre probably going to get in a wreck. And traffic is moving