We are back with stunning we are back with stunning drone video of fall foliage, take a look. This is in new hampshires white mountains, the peak of color. According to the latest foliage report, a drive along route 49 will treat you to aweinspiring views of the colorful foliage in action. In california, a fourth person has died in a Massive Wildfire berning near mt. Shasta. Further south in wine country, fire crews had to deploy their fireproof shelters to escape oncoming flames. They are battling low humidity and heavy winds. Add to that, recordhigh temperatures are expected today from the mid90s to over 100 degrees. Troubling new numbers in the battle against the coronavirus. In the u. S. , more than 206,000 people have died, with more than 30 states and puerto rico reporting cases on the rise. In wisconsin, cases are skyrocketing. Teachers unions are calling on schools from kindergarten through college to go all virtual. This morning a new vaccine headline. I spoke earlier with dr.
As the action ultimately turned negative today down. S p declining. 80 and believe it tech and 234nasdaq plunging 1. 6. This month the market is led by the covid winners, the names that do fine when the economy is frozen those are not the stocks that lead us higher when times are good but as we saw today, covid plays could lead lower when the economy is improving are we finally emerging from the trough lets consider the case here first, you need to know. Were in a dangerous place its dangerous to be where we are because you can never tell if the economy is really at an Inflection Point until after and even if it is, covid stocks make up the average and drag down everything were now in the third day of this rotation with the Fastest Growing covid winners, industrials, travelers, retail these groups struggled to find their footing because they are covid losers but now in the morning today but the last two days, they are on fire i mean, did they give up the ghost at the end of the day . I
Thank you for broadcasting. The due to the covid19, the Committee Room is closed. However, members will be participating in the meeting remotely. The interpreter, please. Im sorry, i didnt get the whole thing. Im going to find somebody that can assist, because its long. Its pretty long. So i think maybe one of our interpreters has the script and will do a more accurate job. Due to coincident house emergency and to protect boar. S. Due to coincident Health Emergency and to protect Board Members, the board of supervisors, the chamber and Committee Room are closed. However, members will be participating remotely. This is pursuant to the local, state and federal orders, declaration and directives. Committee members will attend through Video Conference and participating in the meeting to the same extent as if they are physically present. Public comment is available on each item on this agenda. [ ] i apologize, chair fewer, it sounds like we got disconnected. Can you go ahead and hang up and
Im the chair of the budget and finance committee and joined by supervisor walton, mamd exlman and president yee. Thank you for broadcasting. The due to the covid19, the Committee Room is closed. However, members will be participating in the meeting remotely. The interpreter, please. Im sorry, i didnt get the whole thing. Im going to find somebody that can assist, because its long. Its pretty long. So i think maybe one of our interpreters has the script and will do a more accurate job. Due to coincident house emergency and to protect boar. S. Due to coincident Health Emergency and to protect Board Members, the board of supervisors, the chamber and Committee Room are closed. However, members will be participating remotely. This is pursuant to the local, state and federal orders, declaration and directives. Committee members will attend through Video Conference and participating in the meeting to the same extent as if they are physically present. Public comment is available on each item o
Launching that service here in the u. S. Later this month. We are staying at home and we want our groceries and other purchases delivered and quickly. And we are on that story throughout the program today. As for the overall market, dead flat following a selloff on tuesday but keep in mind the dow and s p are up 40 from their march lows and the nasdaq is up 50 since then. Pretty impressive. President trump says he will pressure governors to reopen schools in the fall. This is a major step in getting the economy back on track. Kids go back to school, parents can then go back to work. That, of course, will be an issue for sure in the election, where joe biden has the lead in all of the polls, if you believe them, and even some wall street firms are apparently preparing for a biden win. But we have a democrat pollster coming up in a few minutes who says the race is a lot closer than the polls would indicate. Just wait until you hear what congresswoman ilhan omar wants to do to the economy