Apple or a netflix or a tesla. After another day where the market hung in there, the dow gaining 67 points, nasdaq advancing. 26 , starting to be a pretty good year. I think its shining a light on the stocks that i follow in order to get a better feel for whats going on out there in the real economy, both domestic and international. So you have a sense of where we truly are. Lets start with my mainstays. Lets start with the rails. All aboard im always trying to measure the actual strength of our economy, and im not using all those data that comes from the fed and the government. That doesnt get there for me. One way to do that is by looking at the rails before there are only four publicly traded railroads of any size, and they all carry the same cargo so we can get some valuable nationwide comparisons. They move chemicals, iron, lumber, steel, cars, coal, ag products. Dont forget that they carry trucks too. So they doship merchandise that would normally be viewed as over the road cargo
Are desperate, he says. Politics, donald trump is all in with protectionism and reverse 50 years of trade policy and import duties he says for america. And hes catching up with hillary in the polls. The benghazi report says she knew it was a terror attack and publicly blamed it on a video. Money, politics, terrorism, and months to a new president. Varney company is about to begin. They probably think were weak, were stupid, we dont know what were doing. We have no leadership. You know, you have to fight fire with fire. We have people out there who are so vicious and smart. Stuart donald trump talking tough on terrorism right after the attack on the airport in istanbul, turkey. He says its time to take the fight to them. More on that in just a moment. First, take a look at this. Another higher open for stocks this morning, dare i say the markets are kind of slugging off the british exit and the istanbul bombing . Well be up 128 points in 20 minutes time. How about the s p indicator . Th
Good morning to you all, we begin with the extreme weather out in california. Start building an arc. 50yearold rainfall records are being shattered and there are flash floods in areas stripped bare by wildfires. Its provided some relief from the threeyear drought, but too much all at once. And thousands of people are ready to evacuate at the moments notice. We have the latest. Reporter california, suffering through the worst drought in more than a century, suddenly inundated with water. A supersoaking pacific storm is bringing recordbreaking rain. Sparking a crisis on hillsides threatening mudslides. And theres much anxiety for weatherweary residents. Lets just hope it comes graujly versus heavy poun dour. Reporter some are evacuated, others are ready to leave at a moments notice. Get the family and the dog out. Grab the computer and the pictures. Just like in the fire. Reporter its causing problems, coming down too hard too fast. It takes just half an inch to cause flash flooding in a
Begin with the extreme weather out in california. Start building an arc. 50yearold rainfall records are being shattered and there are flash floods in areas stripped bare by wildfires. Its provided some relief from the threeyear drought, but too much all at once. And thousands of people are ready to evacuate at the moments notice. We have the latest. Reporter california, suffering through the worst drought in more than a century, suddenly inundated with water. A supersoaking pacific storm is bringing recordbreaking rain. Sparking a crisis on hillsides threatening mudslides. And theres much anxiety for weatherweary residents. Lets just hope it comes graujly versus heavy poun dour. Reporter some are evacuated, others are ready to leave at a moments notice. Get the family and the dog out. Grab the computer and the pictures. Just like in the fire. Reporter its causing problems, coming down too hard too fast. It takes just half an inch to cause flash flooding in areas scorched by fire. An ho
Coping with wet and slick roadways out there. Reporter the water has begun to dry since the rain did stop. But still heavy traffic especially considering its 10 00 tonight. A lot of folks returning to dinner after a rainy day today. Rainwater covered multiple lanes. The rain fell steady most of the afternoon and evening weather and speed are being blamed for a single car crash. Neither the driver or his family were injured when the suv rolled on to it side it was one of a number of crashes that officers responded to during the storm. With anything involved with these collisions where theres water on the roadway its going to be speed. People need to slow down, check their tire pressure and the threads on their tires and allow themselves more space as theyre traveling behind vehicles. Reporter through the san rafael bridge, to the golden gate driving conditions were downright miserable for most everyone on the road. That did not stop these folks from enjoying the rain and the bay areas m