We bring people together to seek pragmatic solutions. Bloomberg im Mike Bloomberg and i approve this message. Now at 11. Breaking news a firefighter is dead and another is missing after flames ripped through a california library. Why the building posed a particular danger. New confirmed cases of the corona virus in the bay area. At least one of them is here in napa. The latest on the numbers and where these patients are coming from. A bold new idea to ease gridlock in San Francisco. And has been successful in london, singapore, it has reduced congestion. Would you pay to drive on the citys busy streets . How congestion pricing plan would work. Now at 11,s dreaming on cbsn bay area, a heartbreaking night for a Central California fire department. Good evening, i am ken bastida. And i am elizabeth cook. We begin with breaking news in tulare county. One firefighters that another there is missing after a library went up in flames. The fire started around 4 00 this afternoon in the city of p
Particular danger. New confirmed cases of the corona virus in the bay area. At least one of them is here in napa. The latest on the numbers and where these patients are coming from. A bold new idea to ease gridlock in San Francisco. And has been successful in london, singapore, it has reduced congestion. Would you pay to drive on the citys busy streets . How congestion pricing plan would work. Now at 11,s dreaming on cbsn bay area, a heartbreaking night for a Central California fire department. Good evening, i am ken bastida. And i am elizabeth cook. We begin with breaking news in tulare county. One firefighters that another there is missing after a library went up in flames. The fire started around 4 00 this afternoon in the city of porterville. Just yards away from the fire department. It is not clear exactly how the firefighter was killed. But Officials Say that the building was extremely dangerous. It did not have a Sprinkler System in the books provided ample fuel for the flames.
The Investment Committee is ready to go. Halftime report starts right now. Good to have you with us on this monday. Our Investment Committee, joe, josh, steve, jon, shannon is here, the chief Investment Officer at Boston Private Wealth begin with the markets stocks modestly lower. Now some key questions about whether there is enough momentum to carry stocks higher between now and the end of the year. Weiss, optimism is rising and has been and you can see it in a number of different ways, interest rate, 10year pushing 2 there are socalled unloved assets that have joined the rally according to some which is another bullish sign justified . Enough momentum to carry us higher i think there is. The seasonal trade is difficult to bet against, however i took off a little exposure and sold some of the smh. I kept adding to it and added through earnings, because i thought the semis would have good quarters and they did now that that fundamental part is over, im more in the Market Movement trade
Seem more hawkish. Policydiscernible] stimulus if necessary and suggesting there is no significant change to the Monetary Policy outlook and that was more a, the accommodative in keeping Interest Rates on hold. We are looking like we would have gotten below that. And tied the other way around. Absolutely and politics deftly off in terms with the rise of this increase political turmoil. Sentiment, continues to be depressed. Lets look at some of the assets moving out. We have a lot of options favoring the yen. Weakening against its japanese counterpart this morning. Hereyear yields, the story , 39 basis points. I think 38 was the lowest ever. Of course, we are past that, 39 right now. Saw bitcoin at about 8,000, significant recovery. Not registering the same sort of volumes that one was expecting. Bitcoin continues to fall in its tad. But recovering a lets have a look at some of the world News Headlines first word News Headlines i should say. We start with President Trump. He has taken a
Negative today to this morning but have since then recovered the losses of donald trump saying that china was willing to negotiate to middle income to a deal i feel that at this point of time the market is ready to grab hold of any positive news coming on this front because they have taken a beating for the past few months as far as the u. S. China this feud is concerned and even if it comes from highly unreliable from there is sort of the loss of confidence in the way both parties are dealing with the trade war in fact one source of imago that the best we. Could ensure a market stable stable lutie is by staying quiet all right our markets correspondent at the Frankfurt Stock Exchange for us thank you. Now to one of the other big topics on the agenda at the g. 7 summit as we mentioned trump is already also made remarks on iran and tehrans foreign minister made a surprise appearance on the sidelines of the meeting after being invited to barretts by the french trump tonight reports that