Of come night chinese . We have Monica Crowley coming up the deadly fires, how much of the carnage could have been avoided well have liz peek on that. And so much more on making money. Charles so far the markets have begun the week on a very solid footing after seven sessions of wild gyrations. The result though on fridays session might have been the basis for todays rebound. You have a couple wall street firms think the selling is over but for two different reasons. Goldman thinks the selloff hit a normal 7 pullback. Deutsche bank says the put call ratio about options have come back to a normal position. Either way the stocks are coming back with assist from positive news on the coronavirus front, then we have megamergers. Is the worst over . I want to bring in kevin kelly, moneymap e map chief investment strategist Shah Ghailani and Gibbs Wealth Management president erin gibbs. Let me start with you, erin. Is the worst over . I think the worst of multiday declines, 11 drop is over. H
First time ever, joining the nasdaq and russell all making fresh highs today. Even safety trades like gold and bonds were up. Theres no end to the rally in sight. And the end of the year is just a few weeks away it just keeps climbing, guy. Yes, and i dont think weve wavered a lot on this one. There are a lot of reasons to be embarrassed. There are probably another 30 reasons we could mention it doesnt matter. Thanksgiving is a few days away, well be in Holiday Season people will play catchup. The russell made an alltime high to me thats the best indicator. We can argue about whether tax reform will get done, but somethings going to get done. Ive said it a thousand times, the market doesnt give you a long time to sell the highs. Weve been here seemingly for months in my world, it means we continue to grind higher despite the other noise out there. The bond market is key also where else are you going to go if youre going to invest dollars . If youre in a mutual fund and youre getting th
We are still tracking slow track on the nimitz freeway into hay wud. A motorcycle accident block the two lanes and it the traffic is backed up to davis street in oakland. Back up on a 238 and the 238 is backing up on the 580. Were watching traffic on the east shore freeway one minor incidents westbound and to eastbound problems are gaining attention for the commute. The drive is coming in now at about 28 minutes which is about 12 minutes longer than usual for this early hour pared temperatures right now are into the fifties appear today mid60s coast side appeared will have more on the extended for castle become that appeared the latest out of a canyon that the deadly attack this morning there were multiple explosion. Adjutancy in his video people are running out of the mall and people will try to get out of the way from the flying bullets. Most of the hostages are reportedly risk rescue before sundown yesterday appeared the militants have killed at least 68 people and have injured a hu