Kind of an ugly day, dow shed 113. The nasdaq declined 0. 15 i wont hammer you on the trade talks but highlight an opportunity that works regardless of how things play out with china for all we know the trade tussle could be with us for ages. I dont want you missing out on amazing opportunities that we see out here that arent bound by the narrow confines of the prc versus the United States so let me lay it all out for you. Thousands of companies are in trouble right now because they dont know how to deal with technology they dont understand the sales force or cybersecurity or pagerdutys always on mentality. If you want to compete having the right tech gives you an enormous edge. Thats the thesis that bind so many of them thats why target i think reported a blowout quarter, not just this morning and by the way a lot was Brian Cornell knowing how to use technology and kohls reported a hideous shortfall yesterday. Target has the right kind of tech kohls hasnt spent enough on it more later
The euro is trading lower, we had the ecb yesterday, down. 1 . This is the dollar versus the rent, but when it comes to the dollar versus the rand, moodys, the last country to have an the last company to have an Investment Grade on south africa, this Investment Plan doubles the investment to appropriations to that company, could end up being credit negative. A big move on the south african rand. Slowing in the First Quarter, but not as much as analysts expected, with the headline number for consumer spending, pushing gd pregrowth gdp growth to 2. 1 . Discuss here to discuss is our chief bloomberg u. S. Economist. Core pce was disappointing, and the deflator as well. That definitely tainted the report slightly, but what i think is most important at this point, the economy is growing above trend, right . Bettercent growth is than the feds long run estimate of 1. 9 growth. If you are growing at that pace, that tells you although there is not strong pressure on the economy, you will see Un
Vacaville and fairfield, which have been the windiest this morning with the wind advisory up in Solano County. Temperatures are currently starting to rise back in the low 60s san jose hayward, san mateo in concord, each right at 60 degrees or just above it. Now, vacaville up to 65 in later today. We are going to be looking at some 70s and even a few low 80s under all that sunshine. Now, i will be breaking down this weekends opportunity of rain and mountain snow. Still to come in your full forecast, back to all right. Thanks a lot. Lets take a look at the traffic. And right now, wow, its just everybodys cleared out of the bay bridge. So all you see is a sunshine and no traffic, which is quite nice. A 15 minute breezy right into San Francisco over the san mateo bridge. Its been so sluggish earlier this morning is getting much better. 26 minutes now for westbound 92 on the right hand side. So still a little bit slow, much better than it was in the last hour, the richmond, sandra fell brid
Good evening. Welcome. The chair of the Federal Reserve meant what she said. The central bank will move carefully and cautiously when determining when to raise Interest Rates. Janet yellen cited a weak Global Economy. The dow gained 90 points. The highest close of the year. The nasdaq added 79 and the s p 500 rose 17. Miss yellens tone remains in sharp contrast to other fed officials who during the past week were more upbeat on the committee and said the time is near to hike. We have more on the fed chairs cautious sign. The question is being raised has the Federal Reserve retreated from the rate rising regime. Markets from gold to fixed income to stocks reacting that janet yellen laid out an out look for rates today. She suggested greater gradualism is warranted in raising rates and emphasized the risk from Global Economic weakness to the u. S. Economy. Developments abroad implied that meeting our objectives will likely require a somewhat lower path to the federal funds rate than was
Tuesday, march 29th. Good evening. Welcome. The chair of the Federal Reserve meant what she said. The central bank will move carefully and cautiously when determining when to raise Interest Rates. Janet yellen cited a weak Global Economy. The dow gained 90 points. The highest close of the year. The nasdaq added 79 and the s p 500 rose 17. Miss yellens tone remains in sharp contrast to other fed officials who during the past week were more upbeat on the committee and said the time is near to hike. We have more on the fed chairs cautious sign. The question is being raised has the Federal Reserve retreated from the rate rising regime. Markets from gold to fixed income to stocks reacting that janet yellen laid out an out look for rates today. She suggested greater gradualism is warranted in raising rates and emphasized the risk from Global Economic weakness to the u. S. Economy. Developments abroad implied that meeting our objectives will likely require a somewhat lower path to the federal