Is pouring into tenyear treasuries as a safe haven. Trouble, trouble everywhere but treasuries offer a degree of security not found elsewhere, and well pay you interest. You dont get that in europe or japan. Heres another opinion. Surely the Federal Reserve will now lower Interest Rates very soon and very sharply. Ive got another reason for the selloff and its hong kong. Its calm right now but is this the calm before the storm . There are signals that beijing has had enough. Things are coming to a head. Number one, Chinese State media now calls the demonstrators radicals and appears to be whipping up mainland support for a forceful end to the protests. Intervention, they say, is inevitable if the situation worsens. Two, there is video of chinese troops massing at the border. Three, the demonstrators are being told not to move to a different part of the airport. Just a few dozen remain. Four, the chinese accuse Speaker Pelosi and Senate Leader mcconnell of inciting chaos. President trum
will and we are monitoring the traffic around th bay area. Here is a live look at the bay bridge this morning. will and here is the san mateo bridge. will and here is the golden gate bridge. will and here is the richmond bridge. anny happening right now. Millions of people across the country are flocking to malls and Shopping Centers looking for those black friday doorbuster deals. will that includes people right here in the bay area. Kron 4s Camila Bernal is live at the livermore outlets this morning. Camila. camila i am live at the livermore outlets where thousands of people are expected to show up through out the day. Expensive. But today it was pretty cheap. I would say i bought stuff worth 1,500 on a regular day but today i got it for like 475. anny thanks camila. We will check back with you trough out the morning. anny among thanksgiving Day Store Openings and early november deals, the demise of black friday has been predicted for the past few years. will but retailers are still
The year, will we hit 24,000 on the dow by christmas . The dow up 41 points at this hour. By the way, more bad p. R. For uber, the new ceo knew about that massive data hack for months before disclosing it. So plenty to go at. If youre at home enjoying that postturkey glow, settle in and buckle up for the next three hours. Varney company is about to begin. Ashley its hard to believe, but black friday may no longer be the hottest shopping day of the year. A new study shows only 35 of consumers plan to do their Holiday Shopping today. Amazingly, thats down 24 from just 2015. Interesting. Lets go to jeff flock. Hes live on chicagos Michigan Avenue. Jeff, i know its a little early, and i was going to say a lot of people out there . I dont see anyone behind you. [laughter] reporter you know, i always look to challenge these surveys because i sometimes think they dont make sense. Well, ive got to tell you, if you look at the magnificent mile right now, ashley, there are not throngs out here,
The nasdaq is on track for its best monthly gain since july of 2016 the s p 500 is at its biggest monthly gain since last february the s p and nasdaq have risen seven of the last eight trading days if you were waiting for things to slow down, you are still waiting. Triple digit gains for the dow already this morning overnight in asia there were gains this came after the strength yesterday with the dow up 200 points. The hang seng was up by 1 shanghai was up by 0. 1 . The nikkei did give back some ground in europe this morning, there are some green arrows across the board. Gains of a quarter percentage point for germany and the ftse in london. The cac in france is up by a third of a percentage point. If you want to look at treasury yields which have been picking up ground, you will see the treasury yield for the tenyear, sitting about the same, 2. 544 lawmakers in germany reached a break through in talks to form a new government the euro rising. You need a government. Euro rising to new
Number one, the economy is growing, number two, commit today tax cut and number three reports are strong. Look at netflix. Prepare to spend 8 billion to produce its own content next year over 5 million new subscribers signed up in three months. The stock is above 200 per share. Sales up worldwide reported this morning by Johnson Johnson jo. Morgan stanley, same story with Goldman Sachs, all of them dow stocks, all of them up. Lets sum it up, the media is full of report about hostility toward President Trump on wild press conference, investors could not care less. We are watching for dow, 23,000. I believe its coming very soon. You have to see this, Varney Company is about to begin. I hope hillary runs. I hope, hillary, please run again. Stuart i would call that [laughter] stuart the president hopes hillary runs again in 2020, im sure he does. He was all smiles with Senate Majority leader Mitch Mcconnell talking tax reform andy puzder is here, ceo of hardys and carls jr. , are you buyin