Needed more. Welcome. This is bulls bears. Thanks for joining us. Im david asman. Joining me today, jonathan hoenig, kristina partsinevelos, Gary Kaltbaum and liz peek. Swalwell is out but reports are swirling that california billionaire and antitrump donor tom steyer is considering jumping in to 2020 the 2020 race as early as tomorrow. Sources say one of steyers first attacks could be on President Trumps claims that the economy is now thriving under his leadership. With President Trumps Approval Rating now at an alltime high, including his handling of the economy over 50 , how can he, steyer, or any democrat, win by arguing that the economys bad . I think its an incredibly tough road to make that case. Americans are convinced because they see it in their daily lives through higher wages, through Job Opportunities they havent seen before, et cetera, that they are doing better than theyve done in decades. So i think this is not what is going to bring him into the fore. What he really wa
The 10year treasury is yielyieldin 4. 19 . I believe these are sitting at high levels for yields for the year i had a computer problem before we started. Of course. Thats why i was asking you i was deferring. Lets look. It is clear it is high yields for the year if you look at that year to date that yield up 8 all of this is happening as we got stronger than anticipated adp numbers this week and the downgrade from fitch can i point out, becky, look at when this is higher than the last time which is back in march when we had the problem with the regional banks oh, thats very interesting too many alarm bells. We are back to the pressure on the banks. Now, they had a lot of time to get their act together they had the fed program to take their tired, poor, hungry and underfunded bonds to the fed and get 100 financing off that. It is an area where there was pressure on the bacnks. We have to watch the regional banks. I havent looked in a day or so. They were doing quite well and i dont know
Day, leading to perhaps the second week of declines on the s p 500. The nasdaq 100 also down on the day. Still has a chance to end on the green, now down more than. 9 . The two year yield breaking below the 4. 90 mark. About 4. 89 . We have the Kbw Bank Index down 1. 3 and almost every stock barring two are down in that index. Consumer sentiment data crossing the terminal now. Michael mckee joins us to break it down. Mike if you did not like the cpi report you will not like the Sentiment Report because it shows some on mooring of Inflation Expectations. The one year ahead Inflation Expectation jumps to 3. 1 from 2. 9 . Five to 10 year from 3 to 2. 8 . Enable maybe gas prices reflecting that. The sentiment number goes up a little overall actually falls, rather, to 77. 9, Current Conditions to 82. 5. So in march, we saw Consumer Sentiment rise little bit and Inflation Expectations were steady. Now there is more concerned perhaps about the economy Going Forward and certainly more concerne
Many, many years. Right now its only for the pride of ownership for us. The couple who paid 90,000 for Presidio Terrace when the city auctioned it off. The Homeowners Association appealed to San Franciscos board of supervisors to get the street back. Attorney matt dorsey says the Tax Collector Treasurers Office failed to notify them, failing constitutional rights. It could have been posted. It could have been trying harder to find the address, picking up a telephone. Does that mean when you live on one of the most exclusive youre wealthy and politically connected that you get a different system of government than the rest of us. Among those dianne feinstein. No one should lose property at the hands of the government. They simply did not Pay Attention to take care of the property. Wayne freedman, abc 7 news. A water main break in San Francisco is causing a big traffic mess tonight. Sky 7 was above second and harrison streets about an hour ago. Officials are urging drivers to avoid the a
The street in question was purchased two years ago, but its been the hot topic. The homes are filled with the rich, the famous and the outraged. Wayne freedman joins us live fom city hall. They are making it as complicated as possible. The people who lived along the street didnt hear about it until 2017. Theyre asking the board of supervisors to rescind that sale, saying they were never notified. From there, was this a platter of speculation or a matter of not looking at your mail . Take a look. Only in San Francisco. I dont dispute that we could have done more. That is San Francisco treasurer jose cisneros, speaking before the board of supervisors saying he could not have searched harder but needed more tools to notify the owners that they were delinquent in making their tax payments for many, many years. Right now its only for the pride of ownership for us. The couple who paid 90,000 for Presidio Terrace when the city auctioned it off. The Homeowners Association appealed to San Franc