There. Still windy and chilly temperatures with waves of rain that lingers, unsettled weather the past couple of days. We still have some rain over the Santa Cruz Mountains making it into the south bay and the south county watching out for spotty light showers. We have bigger problems for parts of Southern California as still a lot of rain, storms and snow rolled on through today in the bay area. Well get some sunshine and highs reaching the mid50s. Getting out on the roads we havent had any major issues. A lot of green sensors on the traffic map. A full traffic and Weather Report in a few minutes. It is 6 01 and breaking news from the trivalley, something we wish we didnt have to tell but. Three teenagers have been killed in a christmas night car crash. Today in the bays bob redell live in pleasanton. Investigators are talking about what led us to the crash, do they know yet . Reporter another update from a chp sergeant. Theres no evidence alcohol was involved but theyre investigating
Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours
Out my house and i want to be able to see the below but i dont want to look at a big stone wall part of a group of neighbors were trying to see what can be done to stop this. Morning just 10 10 am this saturday morning the 7th of september here in moscow very good warning from a kevin and then the rest of the team this is our International Im here with a 30 minute world news roundup starting with this the u. S. State Department Confirms attempted to bribe the captain of that Iranian Oil Tanker now called the dream dariya one which is at the center of a diplomatic row in order to detain it the adversary one previously known as grace one theres a name you may recall was held by the u. K. In july in gibraltar it was released in august despite protests from the United States which is increasing pressure on iran its been heading east since then it was pinpointed in the Eastern Mediterranean region but its tracking device was then switched off that in hawkins reports. If at 1st you dont succ
They proactively announce that theyre going to do so they definitely will its a question of how much and we know from the Bristol Myers celgene deal that they had to invest a monday Bristol Myers announced that theyre divesting want to sell jeans top products to avoid those antitrust issues and the government is taking a more conservative approach so its definitely going to be an issue and its more of the road that up because thats something that were going to look out for. And on this and position will return the company in the u. S. After heading completed its tax inversion deal to ireland in 2015 something weve seen apple do to great effect as well saving the Company Hundreds of millions in taxes and uli this is a good move for elegant. So inversions were a big deal a couple of years ago than the government took measures to make it a little more difficult to do but its definitely go move 1st because of the 45 percent. Up increase they received today on the buyout is but also because
Good afternoon if you are watching in asia. There is a risk on mood in markets and looking at the stocks europe 600 gaining. 2 . Treasury gold and yen extending some losses. Eurodollar 113. 69. The u. S. 10 year yield with a bold call from Goldman Sachs. A lot more to say about the 10 year yield talking about centralbank dovishness around the world and some of the Economic Data coming out the next couple of weeks. Also up, we speak to david from Harris Associates, the chief Investment Officer for international equities. We will talk about commodity stocks. That conversation in around an hour but first, lets get the bloomberg first word news in new york city with Viviana Hurtado. Goldman sachs joining j. P. Morgan in slashing forecasts for u. S. Yields. The lender now sees the 10 year years and the carried that is down from the two point a projection as recently as last sunday. The new figures price index that patient of the prolonged trade war and a dovish shift by key Central Banks. T