The north. Now, moving toward solano. They will be with us. Highs are beginning to bump up a teeny bit here. 60s, 70s and low 80s. 6 01. Still good news . Right. Yes. Were having a debate show your arms at work. Yeah. Because theres no traffic, really. Theres no traffic. Going to start to see gun shows in town, sal . Ill show you my arms, baby. Lets go out and take a look at the commute. Ill show you what will im talking about. I will be serious for a second. Okay. It is nice and light now. I dont think it will be this afternoon, leaving the bay area. So put that into your plans. If you think youre the only one getting away for the long week ahead. This afternoon, you will be mistaken about that. There will be people on the road. Even though theyre not going to work. Theyre going to go somewhere today. Lets move along and take a look at me of these other commutes on interstate 880 north and south traffic. That traffic is moving along very nicely. Its not a bad commute here on the bay b
Nevine we could go with all three drivers, but if you are looking at the dow on track to close at a record a lot of Health Insurance stocks are helping take us there. Absolutely incredible the moves happening in these stocks. Theyve all really underperformed all year long because of all of what is going on in washington the rebate rule dismissal is really a very, very big deal because it would have made pbms extinct in the medicare world. Are you a buyer i am. I have been buying United Health care because the stock had fallen Something Like 25 from its december high, but even now down 13 from its highs. Trades at about 18 times forward system the real name to own, the levered one would be cigna, trading at a 40 discount to anthem, absurd, and they have the express skrip as a pbm the stocks are attractive, though and very under owned thats the real key here. Big moves in yields, ten year at 211 lots with stephanie to come over the next hour. Focus in on the big stories, bob is on record
Index. The 10 year yield bouncing around a little bit, still at 2. 05 , little higher than the last few days. Guy fed chair Jerome Powell before up to testify Congress Tomorrow as the white house keeps up pressure on the central bank to cut rates. We are joined by pimco Portfolio Manager and sovereign credit analyst. Good afternoon. Would you buy or sell the u. S. Tenyear into the powell testimony . What does he have to do to move the needle . Guest we think powell will roughly compare market roughly confirm Market Pricing. The fed has sort of painted itself into a corner and shifted in a dovish direction, so if they do not cut, the market will be disappointed, financial conditions will tighten. The macro data is not really warranting a cut come about the same time, manufacturing is very weak in the fed knows that a hawkish mistake is much harder to reverse than a dovish mistake. So for Risk Management insurance region for Risk Management assurance reasons, we believe they will cut. Lo
Dmz and then crossing the line into north korea,e becoming th first sitting president to visit the repressivent c. The meeting taking place after meetings with south korean president moon. More on that in a few nutes. Rst, welcome in here on what is shaping up to be a busy sunday morning. Thank you for being here with us. Im adam tuss. Look whos here. I am tracie potts in for meganksoday. Thanfor joining us. Its going to be a hot one. This heat wave. I know. There is one person to turn to for the answers, especially when we are dealing with and down weather. Lauryn ricketts, who is here. It has been quite hot. Absolutely. 96 degrees was ouremperature yesterday, guys, and that was the warmest we have been so far this year. I think its going to bta e cooler today. When i say its cooler, temperatures around 90. Degrees lets take a look outse. That sun coming up 20 minutes ago. Beautiful start to your sunday morning. Now, not beautiful everywhere. Rain showers in some portions of r area. H
History tonight. Supervisors have just done what no other city has. The impact of Small Businesses if pg e is set to shut off power for days at a time. If they shut down power for days, i dont know what we would do. Officers say they were forced to shoot a mentally ill man. But the mans family says his death was preventable. Andrea. Reporter has decided not to watch it at the advice of their attorney. Stay down. Reporter on sandra court what began as multiple calls for help ended with miles hall dead at the hands of pd. This after he had broken through a sliding glass window and was threatening them with a nearly 9foot steel pole. She warned them hes in a Mental Health crisis. Mental health issues. Our officers train daily on when to use force. Reporter field officers are required to have eight hours of crisis intervention training. Even the head of the Negotiation Team was there but the situation kept getting hotter. Attorney for the hall family john burres says the officers did not f