So please reduce your speed john. Well as you can see over the bay bridge robin weve got a mix of cloud cover and sunshine now you can see thats a mix over San Francisco. Things are gradually getting more and more bright but as you also noted weve had some drizzle this morning so roadways are a bit on the slick side. More and more clear skies into the afternoon means a better chance to enjoy some of our cooler temperatures today, were still in the midst of some moderate to get air quality now thats definitely better than we have been will still be holding on to these moderate conditions through the weekend and likely into the start of next week too. Another spare the air alert in effect today and tomorrow, 50s and 60s for our current temperatures, a cool start a bit of a grey start and then later on today just a nice and comfortable finish with 60s for your highs and San Francisco and oakland and 70s in san jose. A member of congress have a duty to take all necessary action to preserve
The arab spring and the last financial crisis back after 20082009 all the money printing and all the chaos and that caused the food Price Inflation and other sort of inflation that led to the arab spring today were seeing a continuation of that were seeing a paper spring as people reject even if they know it or not what theyre rejecting is this massive money printing were going to look at some of the headlines talking about what theyre rejecting what they are instinctively rejecting in this global insurrection against banks their occupation in this insurrection against paper printing and i have some of my paper here of course here theres 100 euros here is 100 euros who hey pocky have another hungry audience have sometimes you may be. Right. So why are card prevailing likelihood that the 1950000000 euros does not exist thats a headline from bloomberg they think perhaps well we looked at our Balance Sheet perhaps there might not be any money there. Thats yes whats up lucky. Crap to very
With debt service and costs that are higher than profits such a fundamentally important char american corporations are increasingly doing business only as a side possible to their real purpose which is transferring cast from lenders to looters remember the lenders are you know that all of those bonds thats being transferred to the Zombie Companies and theyre looting well you know this goes back to something weve been saying for a number of years now that corporations only really have a profit in terms of what they can engineer on their cash desks as theyre called right so you have like a Car Companies in america they start making money making cars they made money leasing cars and then taking the income from those leases and building derivative portfolios and ponzi schemes and then the executives of buy back their own stock and then the options go up in value and they all become billionaires somehow magically not knowing why even though their Car Companies were losing money and losing m
After reporting better than expected earnings ahead of the launch of its streaming service next week. And we have a big interview coming up in just a few minutes. Billionaire investor leon cooperman says he will support fellow billionaire Michael Bloomberg if he runs for president. Cooperman joins me exclusively to explain why joining us for the hour is mark tepper from Strategic Wealth partners mark, great to have me here. Thanks for having me, appreciate it. What is your take on the market we saw record highs this week, but seem to be moving sideways here today yeah, so, overall, investors are definitely riskon right now, because of this trade optimism i know trump said today that maybe there has been no agreement with regard to rollbacks and tariffs. But nonetheless, risk is on. And were seeing this rotation now out of bonds, into stocks. Were seeing a rotation out of defensives, which had been leading the market into cyclicals. And really, one of the biggest driving forces right no
Almost two weeks. Youre following through on that rally today, up 0. 6 . Eurodollar around key support levels. It is a broadly stronger dollar story. The bond market obviously in focus. No doubt we are going to talk about that terrible, no good, seven year bond option. I wonder, is that a threshold . Or was that just a fluke . David or was it late august . Globalime now for exchange, where we bring you todays market moving news from all around the world. Joining us in london is tony ahrens, on the phone from hong and on theen leigh, phone from when is a race from buenos aires is caroling a milan is carolina milan. Three activists in hong kong were arrested by police head of a rally. Karen leigh joins us with the latest. Karen Hong Kong Police arresting a number of prominent Hong Kong Police arresting a number of prominent speakers, including warning protesters that they could share that same space at illegal demonstrations this weekend. These are really raising tensions ahead of a 13th