We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word news was. We get over to new york and joined karina mitchell. Karina the chances of a new stimulus package in the u. S. Are receiving with the white house saying sources tell us gop leaders will not lead any of the talks. Mitch mcconnell has been more distant from a democrat proposals, reducing the chances of a new deal. The Federal Reserve is again warning fiscal stimulus is required to support the u. S. Economy as potential vaccines may not end the economic fallout from the coronavirus. Chair
After hitting another all time high earlier in the session. The selloff coming as California Governor Gavin Newsom rolling back reopening plans as coronavirus cases spike in the state. Bars, gyms, salons, malls, other businesses ordered to close indoor operations in 30 counties that represents 80 of the states population does this officially put a close on the reopening rally guy . I dont know again, i dont know if this was a rally on the reopening or hopes that there was some vaccine out there or the fact that the fed is back stopping this entire thing, but ill play your reindeer game, mel, and say this was the reopening rally. Im shocked that people are surprised that the reopening is not going as well as a lot of people were indicating it would. So it should put an end to it because on top of that, as we just talked about earlier, or sara and wilf talked about, you had one of the biggest reversals in the market. It looks to me eastererily simio some of the moves in late march when t
This is the weekly here on r. T. International law come to our roundup of the headlines that shape the week. Russia got a new Prime Minister this week after the previous cabinet stepped down resignation fall president putins proposal to change the countrys constitution but what if you could leave but it shouldnt just to do not affect the fundamental basis of the constitution they move through russias development as a lawful state thats when homes the effectiveness of the countrys institutions to strengthen the role of Civil Society and to enable the Political Parties in the regions to make decisions vital to the countrys development. Takes a look at the proposed reforms and the reaction theyve already received from the west. Try explain this limp to boom and power as the office of president the media accuses of it seizing more power who control over russia but when putin gives up that power and hands it over to parliament at his own expense it is also because he seizing more control ov
Supreme court orders the building of a hindu temple on land where a mosque stood for centuries. And saudi arabia publishes plans to sell shares in its giant oil company around but along with the risks might put off investors. Brazils formulate a lula december is rallying his supporters against the giant paulson r. O. Government hes condemning the right wing president s policies and is calling on the left leaning parties to take back the presidency at the next election to rise above reports. Was received as a hero in that matter the gamble in the state of how. If there is one place where the former Labor Union Leader is loved it is here and. I want to build this country with the same happiness the. We built it when we govern this country my dream isnt to solve my problems today im a guy that doesnt have a job a president without a pynchon not even a television in my apartment my life is totally blocks the only thing im serious in all of is that i have more courage to fight them before o
Can get greedy. We are not going to do a whole lot more today, but we will be technically a few degrees cooler today in most spots. The real story is the warmup coming your way for the later part of this week. First let me see what sunday will look like, that is a a look from the top of the Sales Force Tower looking south and east. A beautiful morning starting to fill the sky, it is 63 in oakland, 53 in San Francisco and san jose looking at 61. Concord looking at 62. We will go to 66 for the daytime high today in the city, that will come in pretty much right about where we were yesterday for the daytime high. As we look across the bay area as a whole, 83 for inland locations. And the label on their says staying cool in parentheses. This gets us down about a degree or two below average. Its not necessarily cool, but in comparison to where we were at the end of this last week it is very cool. It is 20 to 25 degrees cooler. Enjoy this one, i will be back with more on the rest of that fore