Now. And a very good wednesday morning to you. Thanks for joining us. Im laura garcia. And im marcus washington. Mike is keeping an eye on the commute this morning. First well start out with meteorologist kari hall with a look at the forecast for us. How is it looking for us today, kari . Its going to be a nice day for the bay area. As we check out Pleasant Hill and our temperature trend for the morning as we get this wednesday started, its going to be in the mid to upper 50s and then at 11 00 were at 76 degrees, a really nice morning for us with a clear sunrise. We look at our high temperatures, slightly lower in a few spots with oakland today reaching 73 degrees. For san jose expect a high of 80. Very comfortable. Were still reaching 91 in ukiah while San Francisco will be in the mid60s. Wide range in temperatures today and throughout the next several days. Well talk about that and a little bit warmer for the inland areas is coming up in a few minutes. Mike, how is it looking for the
We start first with technology on a tear as we kick off the second half of the year. The nasdaq composite hitting a new record high in todays trading led by gains in the fang names. Facebook, amazon, netflix, al a alphab alphabet, all higher can we expect more highs ahead well turn to you first, guy does this resonate with you right now, this notion that its the mega cap tech stocks that continue to be the leadership in the kind of market we have today . You know what resonates with me i hear your voice, tom, but im looking at engelbert humperdink. After hours, guy, this is what it looks like. Im liking it you have to be impressed with the market as well does it resonate with me absolutely im not going to pretend ive been bullish theres a metallica song from 1982 nothing else matters. Nothing else matters but the fed and the fact we have this passive investing that continues to work apple is in close to 280 atf facebook is in about 220 etf and 170 of those facebook is one of the top 15
And then, like clockwork, even though i dont know how clocks work, the same terrifying sky fire. Is there no way to distract myself from this endless loop of sky fire and sweat pants . I got it oh, yeah, theyre definitely not allowed to be up on that bed. Announcer its a late show with Stephen Colbert tonight, curve your enthusiasm. Plus stephen welcomes ibram x. Kendi and Patton Oswalt, featuring jon batiste and stay homin. And now, live on tape from a colbert stephen are you going to be glad when we dont do this anymore or are you going to miss it . Ill miss it did. Stephen im going to miss it, too. Its been lovely. Welcome to a late show. Im Stephen Colbert. Hey, remember when the coronavirus was magically going to disappear in april . Well, its june 25, and yesterday new coronavirus cases in the u. S. Soared to their highest singleday total. No no we cant go backwards. Its been such a long journey. This is like if frodo went all the way to mount doom, was about to throw the ring in
Returned to the farm. Thats a theme that this country was founded on. If you go up to the rotunda in the capital and you look at the great painting of the tremble of George Washington turning over his powers as commanderinchief and the Continental Army to the congress, the cincinnatus symbols are all do that painting because the Founding Fathers really believe this is what democracy entails. It meant that citizenship met any citizen should be called, could be called upon any time to serve his country or her country and any capacity including the greatest power. In the power belong to the people, therefore, power would be returned by those who held it for a time. Truman liked to say i try never to forget who i was, where he came from, and where would go back to. Thats the cincinnatus Team Obviously but it also shows that he knows who he was. He knew who he was and he was proud of who he was and the return to independence after he left the office of the presidency in 1953 was his way of
Meanwhile, larry kudlow still sees a vshaped recovery, calling for 20 growth in the second half of this year. We have anarchy continuing in seattle. And the mayor there still calling it a block party and a summer of love. Meanwhile, the governor of tennessee says the same thing will not happen in nashville. Senator Marsha Blackburn from that state coming up on that. And new yorks andrew cuomo threatening to shut down manhattan again if social distancing guidelines are not followed and the city hasnt ever really reopened since it all began. Meanwhile, the Trump Campaign moves its tulsa rally to saturday, but there are still concerns about social distancing there as well. The Trump Campaign joining us in the 11 00 a. M. Hour. Big show ahead. Im david asman. Good to have you here on monday. Varney company starts right now. The Health Care Response at this point is as important as fiscal or Monetary Policy, and in particular, its critical based on my conversations with epidemiologists that