He shanghai composite up asx 200 picking up where it left off on wednesday. That was shrugging off the dreadful gdp numbers. Looking at the foreign exchanges, dollar weakness is being snapped, the dollar coming back against a popular currency. The bloomberg dollar index is moving higher. Seeing more yuan strength, the yen weakness has been pronounced and the euro is in the crosshairs of where currency traders are. There we go. Joining us now, trade j. P. Morgan Asset Management global strategist marcelo chow. Give us an idea where we are with the rally. It is looking toppy at the moment, but i have been saying that for a while. Good morning and thank you for having me back here. Index has record high been phenomenal so far. I think this reflects and factors expectations for 2021 andto recovery in 2022. As you mentioned, the recovery so far has been quite uneven. The Technology Sector is responsible for a significant share of the rebound. It seemed like there has been some good news val
Charm for those trying to survive. I think about it, i dream about it, i have nightmares about it. Reporter a brandnew gym. Adam kovacs opened this 20,000 square foot facility in late february after two years of planning. Covid closed it three weeks later. With limited classes outdoors only, membership went from 1300 signups to 400 and shrinking. I am an immigrant. I worked very hard to get here. Little by little i am losing everything i built. Reporter sonoma fit has two other gyms in Sonoma County wa permitted. Those locations qualified for Disaster Relief loans, but not the new facility. Denial from the Small Business administration states there is an arbitrary cutoff date and the novato gym opened up a month late to qualify. Nothing, nothing. On the federal level there is no help, on a local level there is no help. On the state level there is for sure no help. We support our Small Businesses, we support those folks that take risks and put everything on the line. Reporter Governor N
Here. The merchants allege the carts are a health hazard, operating with pain tanks and unrefrigerated meat. The restaurants say it is tough enough trying to stay afloat during the virus without a double standard that allows unlicensed carts to undercut their business. New at 10 00, ktvus amber lee in the city where the issue is coming to an end. Reporter the supervisor represents this district tells me a crackdown is coming soon. Merchants say these unlicensed vendors are a threat to their businesses and Public Safety. On a beautiful wednesday afternoon this hotdog vendor does brisk business. Doc was amazing. Reporter but the Fishermans Wharf Community Benefit district, which oversees Public Safety and its properties, tells me the Street Vendors are operating illegally without permits, raising safety concerns, including exposed propane tanks and health concerns. The district share this photo of hotdogs and about left out unrefrigerated. There are a lot of siegels that i around. If one
Monterey. Some high clouds have made it to san jose already. The heat and tropical clouds in the clouds and showers are possible. It is clear over sfo. 50s and 60s on the temps. 63, and even down in the desert, it is that tropical cloud deck that will work its way in. There are numerous lightning strikes. Highs will be way above average. 70s to 100s. Lets head over to sal. I know we talk about the bridges a lot of the time. The bay bridge in san mateo bridge is crowded. We had a crash the cleared up. That had a crowded affect at the toll plaza. Some people haabout that. They will be trying to use other bridges like the san mateo bridge. San mateo bridge traffic will be slow or crowded. I would not say stop and go, but definitely crowded. We will have another traffic update in just minutes. Today, joe biden and senator Kamala Harris will get briefed on the Coronavirus Crisis by Health Experts. They were talking about the pandemic during an online fundraiser. Elissa harrington has the la
Here. It is already really warm for elsewhere something more than yesterday. Reporter several dozen its some higher clouds are moving immediately they are favoring areas towards these to declare valley, huge lightning strikes this morning. The tropical moisture is of those inside watch releases to happen swiftly. I want to show the state i running into very dry air. Have a place for him to come home to. He will have transportation, Financial Support and anything its losing thunderstorm characteristics but still, you else he needs for reentry. Can see the higher clouds increasing in moving in, santa reporter san quentin still be a capacity, overcrowded with clara valley, this will continue to work its way into the night which will keep lows almost 70 of inmates very warm. Take your pick. Contracting the virus, several center is 85, travis 98, 93 counties filed 44 requests in the Marin County Superior Court to get inmate let out. Livermore, san jose, 87 we intend to prove the degr depart