Tonight, right this is true and also getting much hotter tomorrow to just kind of like a late summer day today but boy taking the gloves off by tomorrow, good morning morning, good morning, everybody. Live shot comes in from the golden gate not much of a breeze, although we expect an offshore wind to develop even noticeably here as we go into the weekend live shot coming in from the bay bridge toll plaza with the sun just about to join us over the east bay hills Temperature Check right now we have those lower 60s lining up the east bay shoreline up to the north bay, a mixture of 50s and 60s for comparisons sake we little warmer up there in the north and a good chunk of the east bay around midday, were just a touch cooler today not getting on to that red flag warning, heres the Coverage Area right over the east bay hills of those winds being offshore about 20 to 35 Solano County will be hit particularly hard which will be showing you this all kicking in about 9 oclock tonight being with
Extinct him investor fixed income investors interested. They are crushing yields. Joining us now is jeff rosenberg. Its fantastic to get you on the show for this topic, the role that treasuries play in a portfolio, from 2020 looking out. Its a huge topic at blackrock. How are you thinking about this question . This i wrote a piece on and continue to write under the theme on investing without a parachute. This september is a really good example. We wrote pieces on it and everybody is talking about it and its like ok, what does the new world look like that we are going into . In september, equities are down 8 and treasury yields are highlighted by all of those comments. Barely budging. Its the combination of the low yield makes the income relatively unattractive, a couple of comments in there about taking credit risks. And it will come around to that question in a second. But another thing that is difficult about the investing outlook now and where treasury yields are is that they are no
An epic run up 400 this year. We will explain how the retail trader is driving the stock. Plus, big tech, big deals, toppagist tells us that companies amazon, facebook and alphabet should be buying up right now. Consolidation. Power lunch starts right now welcome to jim maybe well get to say hi later on its a record week on wall street which marks the end of the coronavirus bear market. Its coming to a close here. Bob is watching some key numbers for us bob. Its been a record week we had good numbers today. Our manufacturing and services is keeping us positive just want to show you some new highs. A lot of stuff involved in tech. Internet, anything having to do with the internet. Fdn is the new one the hold building, that itb had been on fire eight straight weeks of gains. U. S. Home sales hit a record pace today we saw home prices also move up as well. Look at some of these new high list is fairly thin but a lot is building related horton, pulte, lumber liquid daters these are all at
60s going on the east bay right now 50s up to the north bay 50s 60s for the peninsula was 63, san jose, were touch cooler up here the north bay in the east bay to the south little warmer by couple degrees is robbery small nuances however, its really as we get to the latter portion of this week as well as alluding to were really going start to warm up 61 come 8 oclock by 11 75 the coming up a little bit here well have your 4 zone forecast of course and were also have that extend its you can see the hot stuff coming our way back to you well lets get back to our top story this morning everybody is talking about senator Kamala Harris as she now joins. Joe biden and the both of them are on the ticket for the democrats. They obviously want to be the next people in the white house this morning kron fours pam moore gives us a closer look at Kamala Harris. I stand before you today. To announce my candidacy. 20,000 people come out to oakland to launch the president ial campaign of Kamala Harris
Were Still Holding on to the lower middle 60s in the east bay 50s north bay, 63 for san jose leininger day up today. We got those fog clouds left over at 07 00am then we go mostly sunny by 10 00am at 6986 going on by 01 00pm yesterday to revisit the 90s for some of those inland valleys, but the real jump in temperatures getting here tomorrow and by friday. Its a an excessive heat watch that we have going on more on your forecast coming up in a bit party all right dave, thank you so much to get our top story this morning. Senator Kamala Harris will appear with joe biden later today for the first time as his running mate, its going to be a very historic moment. As harris as the first woman of color to appear on a president ial ticket or that signs has a closer look now at bidens history making choice. With election day 83 days away the democratic ticket is now set with an historic perry. Joe biden selecting california senator Kamala Harris as his running mate, telling her the news during