Theres no question in my mind and no question to any of active observers mind that the dnc was supporting Hillary Clinton. Raising new questions about unity. Sanders had to address the convention tonight supporters already filling the streets, protesting all day yesterday and today. Breaking news meanwhile. Another nightclub shooting in florida. At least two people have been killed here is 17 others injured. Authorities searching for the suspect. Latest details ahead. Interesting brave. A look of an temperatures begin to drop coming up. In southern california, a Massive Wildfire would rapidly. From boston residents evacuated as firefighters rattle the police. Yahoo finally let the buyer. Verizon is the buyer expected to announce it is acquiring the Technology Company today for nearly 5 billion. Yahoo will not be the only tech Company Making headlines this week features including apple, facebook, alphabet set to report Quarterly Results. We will have a preview. Besides the house and mak
Lauren in japan followed the pullback yesterday. In china at the shanghai composite rose 1. 1 . Nicole book about 42. 76 down 36 cents this morning. Lauren apple insider and the big tech earnings today. Apple is all about the sluggish iphone sales and for twitter, can it become the digital hangout . Nicole and sports from the chicago cubs and new york yankees hope the cubs the lead them to the world series in the Baltimore Orioles increased their lead in the al east with their fifth win in a row. All the highlights coming up. Nicole five of 1 00 a. M. And is posed a tuesday, july 26. Welcome to fbn am, your first look at todays market, the latest breaking news and what to expect for the day ahead. Nicole the speaker at the Democratic National convention calling for unity after an email scandal that led to Debbie Wasserman schultz resignation as the chairwoman. Bernie sanders thing in michelle obama, Elizabeth Warren, offering strong support for Hillary Clinton. They sharply criticized
Its just 5 percent contained. And fire crews say it may not be contained. Until the end of the month. Fire crews from the bay area are already there. Just 5 contained and fire crews say it may not be contained until the end of the month. Fire crews from the bay area are already there and to some degree vice versa. There is a spare the air alert today. We do have team coverage, meteorologist carol hall is tracking the conditions. Chuck coppola is live in the area. What are they telling us to be weary of today, chuck . Well the first thing you notice is it is hazy here, but the bay area air Quality Management district declared today a spare the air day because of more cars on the road because of smog due to the beginning of the work week and high temperatures. But now it says, that the Monterey County fires are compounding things. Air Quality Management district says smoke and tiny particles from those fires are being pushed by winds into the south bay and may reach the north bay by as e
It is not a great shock to me. I think no question the dnc was supporting Hillary Clinton. Debbie Wasserman Schultz ousted from the dnc. Chaos over yet another email skaj scandal. Then the clinton people say this is the fault of russians. This is above my pay grade. I feel a hillary standard and a standard for everybody else. What is the hillary standard . A lot of unaccurate mean spirited attacks with no basis in truth. I genuinely believe there has never been a candidate better prepared for the presidency than Hillary Clinton. Not eisenhower . Not George Walker bush . I said more. I didnt satisfy they were chopped liver. Firefighters dealing with tripledigit temperatures as they battle a huge wildfire in southern california. One person is dead after an explosive device went out in germany. The attacker was a syrian who had been denied asylum. A deadly shooting at a club in ft. Myers. People say several people were shot in a parking lot just after midnight. All that. No price could be
Turned upsidedown, to be honest with you. You marvel about it, but switzerland borrowed money and negative Interest Rate. Hard to think about. Somebody gave money to switzerland, give it back less than 50 years. Japan negative Interest Rates. Germany, negative Interest Rates. Im trying to operate in a world where i have to figure whats normal. So normal to me is maybe an economy grows, the labor force and economy grows about half of 1 per year. Productivity of labors for, 1. 5 a year. Basically makes a real gdp. 2 real gdp. Add on 2 inflation. 4 nominal gdp. That kind of world, normally fed rates 2 currently 37. 5 basis points. Current government around 150 now. May take two, three years to get to those rates. That kind of world i think the market multiple would be about 17 times. People could argue 17 is too low relative to Interest Rates and inflation, or too high relative to other issue, Profit Margins and country moving to the left, those kind of things, but 17 times my estimate, 1