The dow gaining 188 points, nasdaq surging 2. 3 . This is an important snap back because it gives us a glimpse into the future. Lets start with the set up. If you listen to the wise men of the hedge fund energy, theyre telling you believers will be crushed. They loved the market a month ago. Many of their fears are legitimate they have trillions of dollars in debt. The Oil Companies alone owe hundreds of billions of dollars. They cant pay it back in crude. Airline is toast supply chain could cost 60 billion. The hedge funds i listen to, well, theyre warning of 25 unemployment thanks to the government mandated lockdown. Thats not a great recession, thats Great Depression with a c. You cant have a Restaurant Industry if youre an allowed to go to restaurants. Hotels sold to you malls, malls are bowling alleys. Actual bowling alleys, baby boomer storage lockers arcane dollar trades, ooh, really scary, devastating. And as Small Business finished time to break out the apple stands and the sa
It really makes it hard to get out of bed. But as you get through the day, were going to see some clearing, as we take a look at the low clouds and the fog to start. May also be misting and drizzling for a little while. Santa clara will have some temperatures dropping down to about 51 degrees and then by 8 00, were starting to see it all clear out. Heres a look at the current visibility around the bay area, some spots, down to zero. Were seeing that in the south county. And the north bay also has some really low visibility. So well talk about the fog and whats ahead for the weekend. Mike, this is also going to have a big impact for dryers. Definitely. Were looking at a foggy friday commute over here at the bay bridge, where i just saw one person patiently waiting because they were trying to use the lane thats closed. So they were allowed into these cash lanes. And its only a mild build here, but we have those low clouds in the fog there at the bay bridge. Not quite as dense on our road
Around. As we take a look in san rafael right now. And so as youre heading out, allow some extra time to get to work. This is a look at the view in fremont. And we are going to see that fog until about 7 00 or 8 00, before we start to see it clearing out. A lot more sunshine and temperatures in the upper 60s. Heres a look at our current visibility around the bay area. Just plan ahead. And then once we make it past this, we have a beautiful afternoon coming our way. Well talk more about that, but mike, its tough for the drivers to see the road again. Kari, you showed these right there, those visibility numbers coming down in some patches. And over here, weve seen the Traffic Volume come up at the richmond side of the san rafael bridge. Thats what were dealing with. Might be tough for many folks to see that roadway again, just like yesterday, this highlighting yellow area is where we have the densest of the fog and the toughest visibility. Highway 37 was slowing out ofd the fog. Also thr
First speech to call for strength, resolve, and courage in europe, but steers clear of any serious policy prescriptions. Good morning. Lets take a quick look at the data this morning, getting set up for tuesdays trade. We have a yen that has weekend toalmost 109 weakened almost 109. Optimism for a trade deal driving the yen up to almost 109. Right now, 108. 77, driving up the 10 year yield, looking at 1. 80 right now on the 10 year yield as investors feel comfortable enough to let go of the perceived safety of u. S. Government debt. You see s p futures gaining once again after we saw new record highs for the Dow Jones Industrial average, the s p 500, and the nasdaq in yesterdays u. S. Trade. It is definitely looking like a lot of risk on sentiment in these markets as we get more and more optimism on trade. Still, equities may have even higher to go. Here with the details is dani burger. We might seeson equities move higher is theres one key group that has not latched onto this rally, a
Theyve been working nonstop, both from the ground and the sky. To stomp out the hotspots before the wind picks up again tonight. The plan is is, is to keep the fire currently where its at in this portion of the fire, and just secure is t so it can hold its own in the wind. Reporter he has his own fire trucks on stand by, too. He says vevacuating is not an option. How do you evacuate, 15 giraffes, three rhinos, 10k buffalo. Reporter hell leave no animal behind. Its my responsibility. I put them here, and ive got to see it through. Reporter and were back here live. Youre looking at jamala, the giraffe. All of the animals are from africa, african animals. There are about 30 species that live on this wildlife preserve. Firefighters are on the property, building, creating lines and putting out those hotspots, really hoping to stand their ground as the wind whips up tonight. Im jodi hernandez, nbc bay area news. Thank you. Some beautiful and special animals there. This fire has burned more t