To the plot to change america. That is why the new book the plot to change america is so important and why we are hosting this conversation. We will have a lively discussion that has the most articulate observers of American Culture today. And host of the two most popular podcast in america. Finally a conversation we will have a q a session which i will moderate so that any point during the program you would like to ask please submit the question in the questions boss one box. Really answer as many questions in the time that we have. Want to introduce us special guests to kickoff the program that is Heritage Foundation president mrs. James the floor is yours. Good morning i am so excited to welcome you to the Heritage Foundation and our book launch with the plot to change america. Thank you all for joining us today we are so honored to have you with us, michael. We are so proud of Mike Gonzalez in the time and research he has put into this tremendous book. Hes not afraid to point out w
We should also note that yield curves around the world are feeling the pressure as well we did have on friday the german bund, the 10year, falling to its lowest level ever. As for the asian markets, the nikkei down by 1. 75 hang seng also pressured by what is going on in hong kong in terms of the protests there, down 3 . Shaun hi shanghai down 1. 6 in europe, red arrows across the board. Dax is down 1. 35 . Ftse down, as well we have a stronger dollar against the major currencies weaker crude, wti down 0. 7 . Brent down 0. 75 . Couple safe haven trades working this morning, gold prices are up. They actually have been on a great run. They were under 1300 about two months ago you see them up only slightly, little less than 1 , probably because they had been so strong lately not a lot of oomph year. Bitcoin also getting a little bit of a boost right here. Obviously, a lot of capital and motion across borders. That could help the sentiment toward bitcoin you see it up 7 at 11,750 lets talk
Thermometer but the correlation to equities bonds is really rich. The team leave for me on a monday morning is i see japanese yen just creeping ever so slight. It is just a bit of a weakness. Jonathan 149. 74 at the moment. We averted a shut down and we will get payrolls friday. Ultimately we will do this again. Lisa i cant wait until november when we can do it all again. What i find interesting is the threat of higher rates and the lack of economic weakness on the heels of a Government Shutdown is what is spurring the concern in markets today. All of the sudden people are taken the bond who seriously. Jonathan energy prices, rates, apparently this is the quarter when this consumer frame begins to crack. Tom is the basic theory and then you talk to optimists and there are a number of them and they say no, you saw that in september. I had a great conversation with neil by the neal dudda. He said is not about 4 growth it is tuition to issue two ish. Jonathan jane fraser at city talking a
Will take place through late in the week and into the weekend as High Pressure builds off the west coast. Cooler temperatures returning early next week. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. San mateo bridge less then 30 min from 880 to 101. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. San mateo bridge less then 30 min from 880 to 101. james bam our top story this morning. A Major Development in the investigation into russias meddling in the us election. The Justice Department has appointed a special counsel to oversee the fbi investigation. That man is Robert Mueller. He is a former fbi director who was tapped by president george w. Bush. Earlier in his career, mueller was the us attorney in San Francisco. Grant lodes has the response from the white house. The investigation into possible collusion between the Trump Campaign and russia has taken an unexpectedtwist the appointment of a special prosecutor. In a stat
Its from floor to ceiling stacked with stuff. Reporter what kind of stuff . Everything. Furniture, metal, chandeliers, whatever you can name, car parts. Theres all hidden pockets of stuff all over. Reporter did it look like a fire hazard . Oh, it did. Crammed to the ceiling full of stuff. Reporter and as we come back live, you can see the top of that building with just the slightest amount of smoke coming up with that shelter in place does remain in effect according to the Fire Department. We asked chief hayes white if she has any record of any problem with this building. She said not that shes aware of, but theyll certainly be looking into it. The Fire Department expects this to be going on this investigation for at least 20 hours. Live in San Francisco, Wayne Freedman, abc7 news. Wayne, take care of that voice there. Stay away from any smoke, all right . If you hadnt noticed, im sure you noticed, the heat has arrived in a big way. Heres the place you want to be, santa cruz. Anywhere