Tonight. We have got guy adami and we have tim seymour and steve grasso and brinmar trust jeff mills. Guy, were up 770 points on the dow and we have oil spiking, as well and banks participated and a lot of different sectors participated in this mini run or mini rally and whatever you want to call it is it because of fed help . Is it because some of these coronavirus numbers came down, giving us a reason for optimism or was it Something Else yeah. Typically its all of the above and ill have to reposition my camera in a second and i apologize if the shot is lose pep yesterday made sense to me in the way the market traded up and failed at the levels that we talked about it didnt make sense to me, but to your point, i think the howard marx article helped and the fact that Bernie Sanders dropped out helped and i think the dr. Fauci comments helped and its an amalgamation of a lot of things that are positive and i understand the reasons for optimism my concern is even with the market current
That would require those who run these cell towers to keep them powered for at least three days during a power outage. We have no power. Reporter during last falls Public Safety shutoffs many here in the bay area quickly learned even with a charge, a cell phone is no good without a signal. This has been the reality for tens of thousands of people. Reporter thats why bay area state senators are sponsoring legislation that would require Companies Like at t and verizon to provide battery backup to their hundreds of cell towers during pg e shut off for other emergency. Like an earthquake or major fire. Hundreds of cell towers across Northern California or across the state did not have sufficient back up power which means the tower went dark during october power shut offs. According to a disaster report, thousands of towers went down on october 28th. Marin county suffered the most, losing power to 160 cell sites. 57 of the countys towers. Sonoma lost 118 sites or 27 . Santa cruz 22 . Napa 1
Our distinguished speakers series. And we welcome our find speakers to the stage. [applause] i like to recognize and thank the trustees who have joined us this morning. Duty berkowitz, suzanne x, joel pickett and size sternberg. I want to thank each and every one of you and Michael Weisberg. How did you not appear on my list . In any event i would like to thank each and every one of you and thank you for all you do on behalf of New York Historical. I should say leading up to the weekend with history in a couple weeks i want to give special recognition to the chair of our chairmans counsel, and Michael Weisberg who is the beauty cochair along with suzanne pack, thank you. And thanks to the chairmans councilmembers who are with us tonight. This program lasts about an hour. The q a will be conducted on notecards, you should have gotten a written note card and pencil, my colleagues are going up and down the hour with notecards and pencils. Your questions on notecards will be collected late
Says it will conduct daily repo operations to stabilize the lending market joining us for the hour, jim le camp happy friday investors dont like it when trade delegations cut their trip short. They dont, but god we can buy chinese dog leashes now. Theyve allowed a lot of things to happen and theyre not accelerating things so we need to get beyond what theyre ta talking about, beyond the saber rattling and looking at the actions. We havent ramped up tear i haves in a while then you look at the Federal Reserve board and while a lot of people were disappointed on wednesday when they didnt do too much more than say were going to cut it a quarter of a point, didnt give us a lot to go on in the future, it was more dovish than people look like he set the table for Balance Sheet expansion and Balance Sheet expansion may not be qe, but they could be mistaken as twins at a party its about the same thing. So yeah. I think some of these things are comeing off the boil whether its trade, Federal Re
On the bbc news website. Just log on to bbc. Com news or download the bbc news app on your mobile device. And now on bbc news, we cross live to singapore for Asia Business report. All the details as the European Central bank cuts a key Interest Rate deeper into negative territory stop afg hanistans pet rate deeper into negative territory stop afghanistans pet economy. We ta ke stop afghanistans pet economy. We take you to the bird market at the heart of kabul. Welcome to welcome to this welcome to this friday welcome to this friday edition welcome to this friday edition of welcome to this friday edition of Asia Business report, im Sharanjit Leyl Asia Business report, im Sharanjit Leyl. We start with the World Economy because the European Central bank has unveiled fresh stimulus measures to bolster the eurozone, including cutting a key Interest Rate even deeper into negative territory. The move comes as policymakers attempt to combat the Global Economic slowdown. The risk surrounding th