Now coming up a little bit see the all those posters and its all the same masses there are actually doubting the results of the vote or the vote count the process now let me take you over here to the other side when i get through here for one second please. Nor can i please go through there are all really not really press thank you but what does god think of corporate polices you can see. We get through here as this is whats happening the police line is actually here to separate those 2 for the group stays on set and you can hear stephanie if you can hear me im just saying you see what i can yes when youre seeing with police there now because theres been a growing number of people gathering in that area. That you have this one im going to tell you lost the camera makes this show you down there all the street down now police and then you see lots of police were to cancel because theyre in civilian clothes so what im trying to say the point is that there is about attention and yet betwee
Baseless claims insisting that he wasnt i mean hes being robbed of reelection. Time phil gal welcome to the program. Joe biden is edging closer to the white house as final votes us till being counted 3 days after the u. S. Election the democratic challenger is narrowly ahead in the case states which have yet to declare their results so lets have a look at the overall picture which hasnt changed for quite a while now so far joe biden has 264 Electoral College votes president to trump has 214 according to the a. P. News agency remember they need 270. 00 votes to win pennsylvania would be a massive prize with its 20 Electoral College of votes joe bidens late desk early more than 13 and a half 1000 with 98 percent of the vote counted georgia with 16 College Votes is also extremely close biden has pulled ahead of trump here but there are only about 1500. 00 votes between them so thats likely to go to a recount overall Donald Trumps path to victory is looking increasingly narrow states in re
That are doing some morning shopping just bundle up as you do so i know weve got those jackets scarves youve been wanting to get him out and that todays a good chance to use them at least this morning skies will remain clear all the way through the afternoon and really all the way through the weekend to no major changes there will be looking at dry conditions all across the west coast. Temperatures this is the biggest thing weve got to focus on san jose san mateo double in livermore all in the 30s right now 40s for Alameda Oakland and San Francisco. Look at some of these north bay taps petaluma youre below freezing at 30 degrees. Nevada of san anselmo and santa rosa each 32 degrees right now see at a pretty frigid start i got better news for your afternoon still to come. James and reyna all right, thank you john. Happening now after that big thanksgiving emails with but that might ask what did you did you have a big things got a little too much, but thats alright, lets roll out of a lo
Via the coronavirus, and there is not much of the fed chair can say. Coronavirus is making all the decisions on the economy. Weakersales coming in than expected, actually the weakest since april. The High Frequency we have seen since then suggest the economy is slowing even further into november. The problem of course is there is no help from the fiscal side in washington, no talks about any additional covert relief package. Getting to the end of the year, most of the cares act expires. So people are looking to the fed, particularly people in the markets. They are looking at the yield curve, which has steepened slightly, still under 1 on the 10year, but there is a feeling that if the fed wanted to do something they could start buying at the longer and, changing the weighted average maturity of their purchases. If they did that, push down on Interest Rates. There is a feeling they may do that in december to send a message that we cannot do a whole lot to stimulate the economy but we are
The strongest week since back to april. However, you have to put that in context. Two weeks ago was a lousy week in fact, two weeks ago the dow lost just over 1800 points, down by 1833 points last week the dow was up by 1821 points so that was a giveback for the dow kind of starting things over if you look at the other major averages, they got back much more ground than they had lost the previous week. Last week the s p was up 329 points after being down 195 the week before and the nasdaq was up by 983 points last week after losing 636 points the week before but again these gains this morning are significant ones they are adding to what we saw last week. Also, take a look at whats happening in the treasury market youll see that right now the treasury, the tenyear, is yielding 0. 812 so its stabilized after bouncing around quite a bit during the election and the election counting last week stabilized at 0. 812 andrew thanks, becky our top story this morning, president elect biden wastin