Thats just because it is seems unnatural. Every day its up 1 , half a percent, not used to seeing that without any correction overall if you look at the end game and where youre going to be, the market will be higher 10 yesterday. I agree. Theres too many positive tailwinds for it to end here. Gary cohn in an interview today said the following i think the stock market and some other pretty famous investors over the last 24 to 48 hours have agreed with us, that the stock market is not expensive right now. Who do you think he was referenceing warren buffett. I dont think he was talking and david stepper. His former colleague. Buffet came out and said that, too. Buffet has 120 billion in cash no way he thinks the market is cheap, no chance. I dont think no chance. I dont think anybody is saying this is bubble territory, definitely not hearing that. We can make the argument that were maybe above fair value certainly not cheap, but first off bull markets dont die because of valuation, and e
Impact scale. Let me give you an overview of what to expect out of this light storm. May cause a little bit of ponding. That would be the exception. And the breezes, theyre going to stay below thing that would cause any damage. Some of our better radar returns out in eastern contra costa county, antioch, discovery bay, san ramon valley, coming out through hayward across the san mateo bridge and more developing down to our south and west. So thats why we are going to be dealing with this rain all throughout the afternoon and into the early evening hours. In fact, ill take a look at your accuweather 12hour day planner and hourbyhour look at the rain that will last through tomorrow morning in the south bay. Mike, thank you. Keep track of the rain where you live with the abc 7 accuweather app. This is free to download. This is really cool. Based on your location, it will tell you by the minute when the next bout of rain will start. Great way to monitor your forecast on the go today. We tur
Light, less than. 1 and all over us until noon or 1 00 oclock and then the concentration will switch to the north. Heaviest rain is to the Santa Cruz Mountains, nearly flee quarters of an inch. Homes all over the bay got a soaking. This video was sent by a viewer with rain drenching the wooden deck. In San Francisco this morning, a popular site to watch walk dogs. Several cities lost power because of the rain. Pg e crews have been working nonstep to get everyone back on line. Amy hollyfield is in berkeley with the latest. I spoke with pg e and they had 2,500 customers who do not have power. The crews have been busy most have been happy. They are tired seeing brown yards that have had no water for months. They were feeling very happy this morning for their yards. Boots and umbrellas appeared for the first time in months as the bay area got rain. We are super excited. We are worried was never going to rain the. We saw people strolling the street in the rain with no compliments. We usuall
morning, we begin with a look at today s eye opener. your world in 90 seconds. adam mayes pulled a semiautomatic pistol from his waistband and shot himself in the head. the manhunt for a kidnapper and alleged murderer comes to a dramatic close. two sisters were found alive and were taken to a hospital for observation. we re very relieved. we have two little girls we can family. the food better be good. president obama cashes in on a west coast campaign swing. hanging out with george clooney at a hollywood megafund-raiser. mitt romney is apologizing for reportedly being a bully back in high school. allegations that he targeted classmates for being gay. i don t recall the incident myself. there s no question that i did some stupid things when i was in high school. a dark day for america s largest bank. jpmorgan chase admitting it lost $2 billion in trading. this certainly was a weather forecast to remember. there will be maybe a few y dry a naked m
this coin try, and we ll be in ohio tomorrow, and we re seeing positive trends, although there s much more work to do. you know that big president obama george clooney fund-raising dinner coming up is sold out, and expected to bring in some $12 million. a hollywood reporter has an exclusive saying it has brought in $6 million through tickets. there were 150 people who paid $40,000 apiece for a spot at that dinner at coonny s house on may 10th and online small donations are expected to bring in another $6 million for that, and one lucky person is going to win two spots at the head table. i am not holding my breath. president obama will be tracking the student loan debt issue again today. his campaign season doesn t officially kick off until tomorrow. they are going to hold their first rallies in columbus the second will be at virginia commonwealth university in richmond, virginia. this all a reminder of how president obama is courting the youth vote. he has a big lead over m