It is a very special session. We have you covered. All that, so much more on making money. Charles so the unknown Economic Impact continues of the coronavirus continues to weigh on the market. Again this as investors attempt to factor in how impactful the Federal Reserves emergency decision to cut rates by 50 basis points this morning will actually be. As the 10year yield fallen below 1 for first time ever. President trump addresses Central Bank Decision to lower rates a little while ago. Take a listen. We have to be competitive with other countries. When were paying two points more than germany, were paying more than other countries, we should pay less than everybody else. Of the fed rate is too high. Simple. It is too high. It puts us at competitive disadvantage, especially exporting our product to other countries. The other countries love that i dont like it at all. I would like to see our fed lead instead of being led. Charles joining me bellpointe chief Market Strategist david nel
Its treasuries. And doing more in china. We believe we can take care system na echo ecosystem. We need to look at the entire picture. Nejra and heightened tensions. President trump sends another 1000 troops to the middle east. Nancy pelosi calls the move deeply concerning. Nejra welcome to daybreak era. It has just gone 6 00 a. M. In london. Looks like the equity markets are in weight and see mode. Killing time until we hear from jay powell tomorrow. We closed flat on the s p 500 yesterday. The 10 year yield goes down to basis points. We are not seeing any curve flattening or steepening. On a back foot. One at the aussie, that is that has been underperforming. As the r. B. I. Signals another rate cut. Bouncing back after a few days of losses. Two weeks of off gains for global stocks and Credit Suisse says we could see a markup. Let us check in on the markets in asia. Juliette saly has more from hong kong. We are seeing the msci asiapacific index in the green for the first time in five
Are a step closer to reality in california. Plus . Iphone 15 and iphone 15 are truly incredible. Here we go. Apple hoping to give sales a charge. The change that could make it worth an upgrade. This is cbs news bay area with juliette goodrich. Hello. From the statehouse to the schoolhouse, this is the latest sign of politics making its way into our classrooms. This time is a small Alameda County school board at the center of a flap over flags. Right now, parents and Community Groups are meeting and on the table is a proposal to ban flags on campus except for the american and state flags. So it is a topic that has gotten wider attention with people outside of the Community Joining the protest. Opponents of the band say that it is all in response to a pride flag being flown on school grounds. Just a few minutes ago that School Board Meeting got underway here and one of the last items on the agenda tonight is a proposal to ban all special interest flags. It is dividing the Small Community
Little bit more community nowadays. Your community station. How new businesses graze redwood. Nsync fans said i want you back. Were syncing up with the 90s boy band reunited at the v mas. Good morning, everybody. Im reed cowan. And im nicole zaloumis. You forgot the pantsuit. Did you see the amazing pantsuit . I thought you were going say i forgot my pants. At this hour i may have. [ laughter ] probably. Reed is the unofficial sixth member or seventh member of nsync and you have pants on, you are good. You will be fine. Good morning. Im Gianna Franco. Lets talk to another member of our morning newscast whos wearing panels today as well. We want you back. Surprise. Im wearing pants today. Lets take quick look outside this morning. A little cloudy for us as were waking up along the coast. Were off to a mild start this morning and we had a cold front sweep through yesterday. Thats the reason why our tuesday forecast was nice and mild. Especially in our inland areas thats where we felt it
Good morning. I am reed cowan. Lets look at this mornings top stories and we begin on the east coast where a manhunt for an escaped convict in pennsylvania has ended. State police say they have finally captured Danelo Cavalcante , two weeks after about 500 members of Law Enforcement were searching for him in a heavily wooded area. In recent days, police say Danelo Cavalcante stole a. 22 caliber rifle from a homeowners garage and stole a dairy farm van which he ditched in a field. The felon escaped Chester County prison on august 31st and sentenced to life for murdering his girlfriend. A bay area serial killer and former cop who was on death row in san quentin is that. Officals say 79yearold anthony silly died of Natural Causes friday. He was convicted and sentenced to death in 1986 for the brutal murders of five women and one man during a sixmonth period in 1983. He was born in San Francisco and grew up in millbrae where he served as a police officer. Right now his exact cause of death