San francisco is losing its battle against covid19. Her current case place us on a trajectory to be in the purple tier, potentially as early as sunday. During an online briefing friday, San Francisco Health Director doctor grant colfax said cases of covid19 of nearly quadrupled in over a month from 217 new cases the week of october 12th to 768 new cases this week if our numbers continue to go up at this rate some we could conceivably hundreds of in the hospital. By late december early january according to our model range a purple designation will lead San Francisco to the governors 10 00pm to 05 00am curfew bad news for struggling Restaurant Owners and their employees because that means not accepting reservations after 08 30pm. This will further. Because cash losses people will be trying to decide can we stay open do we close more moving to the purple tier will also mean the closure of indoor museums, Fitness Centers houses of worship. Movie theaters and Outdoor Entertainment centers,
The s p market barely budged but the stunner was the bond market, hitting its highest level since march. Chris called this on the show a couple weeks back. Where are we headed from here . I think we are headed with the yields going up still. What is important about this move, it is not a few days old it is a few months old the trend here is several months old. I think any shortterm pullback in bond yields, that would be an area to be a seller of bond. We think yield can go up from here if you look at the longer term chart, you have to focus on where yields bounce from in 2016 and where they broke down from in 2020. When you look at this move, i think 130, 140 is ultimate lit where this is likely to go thats where the key levels are. I think as bond yields have gone up, the yield has gone up. 80 basis points and i think Equity Leadership changes ri long with that the kre here is starting to break out, not just relative to s p but on its own right the technical is starting to improve her
Jobs there is every day. U. S. President orders u. S. Troops to come home from afghanistan. The move is drawing fire from americas nato allies including germany. Plus, two fatal crashes kept it grounded for two years. After months of scrutiny, the boeing 737 max has been cleared to fly again. Im brent goff. To our viewers in pbs in the United States and around the world, welcome shade we begin with politics and the pandemic. Lawmakers in berlin have voted to give the German Government new powers allowing it to introduce restrictions to tackle the coronavirus. The german president signed the bill into law this evening. It takes effect tomorrow. Thousands of demonstrators took to the streets today to protest as politicians debated the legislation. Water cannon and pepper spray deployed by paris by police to disperse demonstrators. Thousands gather near the German Parliament building. Many in the crowd not Wearing Masks or maintaining social distancing. They were protesting against corona
On delivery. Why you want to give yourself extra time this year. Life through the eyes of Matthew Mcconaughey. Well talk to him about his new book and why, despite many ups and downs, he still feels pretty good. I cant do it like him, but, first all right, all right, all right. But first, heres todays eye opener. No one says it like him. Its your world in 90 seconds. If your family traveled, you have to assume that you were exposed. Its going to get worse over the next several weeks. We may see a surge upon a surge. Doctors bracing for another deadly wave of cases after the thanksgiving holiday. The next surge is expected just as a new vaccine arrives in the United States. The light is at the end of the tunnel but the American People to have to do the right things. President elect biden and Vice President elect harris have announced an allfemale communications team. Wisconsin finishes its recount confirming president elect joe biden as the winner. Trump vowed to challenge the outcome i
Even though some states havent finished counting the votes. And Donald Trumps camp hasnt exhausted its all its legal options. I know that you have supported joe biden from the get go. So on the emotional level im, im sure it feels right, but when it comes to you american law, due process, the american republic, which requires some semblance of neutrality, g. C. , thats actually a sign of respect. The elections over, theres a, in the United States, we have a tradition that when it is clear whos going to win, because they have the majority of votes that are needed for any office and for president , its the majority of the Electoral College votes. Even though there are still some technical things that have to do, there are, in some key states have to certify the elections. The certification often doesnt happen for weeks after the election. And yet on election night, you may know whether the margin for the winner is so large that it is impossible for the defeated candidate to catch up. So