Cracks joining us now is bryan mcgrath, a former Commanding Office of the uss bulkeley destroyer, and he is here to talk about the recent incident involving the colliding of u. S. Navy ships and the overall readiness of the navy. Thank you. We have seen four incidents in the pacific in the last that were two collisions off the coast of japan and off the coast of singapore. Collisions off the coast of japan and off the coast of singapore. Do you think this is a problem with leadership . What do you think is at the heart of these repeated incidents . Guest umm, i have not reached any conclusions, what i have done is formulate a lot of hype pot this ease and in the work i advocate, i have said for several years that the navy was too small to what is being asked of it and because it is too small, it is stretched thinly. Because it is stretched thinly, decisions are made to allocate ships against realworld Operational Missions that sometimes get in the way of the necessary training and read
Lets get another update on weather and traffic. Well start with mike nicco. Just dialing up the latest on whats going on with harvey. And you can see right there, kind of nice comma shape to it, but unfortunately, that comma extends into that hot, it is almost hot gulf water. It was nearly 90 degrees before harvey came through there. Notice the circulation is now to the southwest of houston, and its also heading to the southeast, which means it could go back over the ocean water and pick up more of that moisture. And start depositing it in the east texas woodland areas in west louisiana. Louisiana wasnt even thinking anything about this, and now, yeah, youre going to be getting soaked. Look at this, this is future radar over the next six hours. You can see the reds and the yellows and the oranges moving more into east texas, into louisiana. So the flooding is going to shift more from houston over to places like lafayette and baton rouge and lake charles. And were going to have ourselve
Minutes. Were focusing this morning on what is happening with the aftermath of Hurricane Harvey. And this morning, a lot of that focus is in houston. Lets take you there and just in the last 30 minutes, houstons police chief has said they have completed 2,000 rescue missions. Fema officials estimate at least 30,000 residents will have to stay in shelters temporarily because of the catastrophic flooding. And that flooding is expected to persist. Its going to recede slowly. Rain has been pounding up to 50 counties throughout texas since friday. Officials also say refineries have voluntarily shut down. Flash flood watches have been issued in austin and also in alexandria, louisiana. A Tropical Storm warning remains in effect in houston and victoria, and parts of texas are still expecting another 25 inches of rain. Meanwhile, President Trump is at the white house this morning after spending the weekend at camp david, monitoring the latest developments in texas in the aftermath of harvey. T
Spots, the altamont pass, 2 to 5 miles per hour, but angel island, 16 to 27 miles per hour. You can see kind of a tale of two forecasts there. As the heat is really going to be stuck inland today. And around the bay, but not at the coast. Were starting off your 12hour day planner, 56 to 66. Midto upper 60s at the coast today. 82 to 86 around the bay from noon to 4 00. 96 at noon. Well be at 60 at the coast, 70s around the bay, 80s and 90s inland still at 7 00 on this spare the air day. More on that coming up. Okay, we want to begin with developing news out of texas. Search and rescue efforts continue this morning in the hardest hit areas of the state after hurricane harvey. This morning, houstons police chief says they have completed 2,000 rescue missions so far. Fema officials estimate at least 30,000 residents will have to stay in shelters temporarily because of the catastrophic flooding. That flooding is expected to continue. And it will only recede slowly. Rain has been pounding up
Weiss, jon najarian. We begin today with stocks on pace for their worst month of the year three down days in a row looks like well have a pickup where we came off. But weve come off the worst levels weve bounced a little bit. And i think right now, this is more of a derivatives type of trade. This is an options the trade and a features trade i dont think were out of the woods just yet i think that were seeing a lot of the tupf. A. N. G. Names, whichr very important if you are not going to get f. A. N. G. S in the wake of earnings, continuing the uptrend in the market, going to be in a little bit of trouble. Credit markets are good, emerge markets are good, those are good overall conditions but were not out of the woods just yet you feel like this correction is happening its going to be so narrow and shortlived that well be right back to where we we were before . Look, i think the bias shortterm is a little towards the downside not significantly, not correction territory i just think it