Cut this month thanks. We are seeing a big bounce back. All angles are covered for you bob pisani, Rick Santelli in chicago seeing new lows on the ten year yield, meg has the latest on the coronavirus and Steve Liesman on whether the fed will come to the markets rescue here we begin with stocks and bob with the latest here kelly, were just off the highs. The question is, why theres two essential reasons. Number one, we have extreme oversold conditions. Well explain that in a minute and number two, we have hope for fiscal stimulus and coordinated monetary stimulus and theres indications those are coming together as well there you got your rally take a look when we say extreme oversold conditions. It shows you mouch much the market momentum is moouing below 30, thats oversold. You very rarely see this its screaming buy in a traditional way to look at the markets. Another extreme indicator, you have nyse, the volatility index. We were at 49. Thats almost four standard deviations away. We
How are you guys . Good. Its a three day weekend and no rain. A beautiful view over San Francisco this morning with partly sunny and cloudy conditions. We are starting out with the little bit of fog in the north bay valley locations reporting low visibility and temperatures this morning a few degrees warmer than where we started yesterday and in any case a cool start with temperatures in the 30s and 40s and for the afternoon slightly warmer and are partly cloudy skies mid to upper 50s expected for the bay area. When i come back a look at whats going on currently as well as your afternoon highs in the rest of the weekend including the extended forecast. Happening today, San Francisco International Airport begins to screen passengers coming from china for a new and deadly virus. Sfo is one of three airports during Health Checks. Elissa harrington his life for us at the International Terminal at sfo this morning. The reason they are doing Health Checks is because it is one of the airports
Process, we presented five models of potential or possible Health Care Model options are or options that are hypothetical options that members were could potentially look for in the future. The first model during this presentation, members were able to share questions ask and share questions about the models, look at the models in detail to figure out what things were appealing and then also talk amongst themselves. Really to determine what models were appealing, what questions they had and what were priorities as they select future Health Care Benefits. The proposed models, there were five selected. The first one was the current plan offering. I wont go into too much detail about that. The second model that was presented was the plan offering third party navigation and advocacy support. For this model, support is considered to be any Third Party Service provider that is not at h. S. F. That is not the members employer and not the Health Care Provider or insurer that advocates for the
To adjust our services to respond to the needs of these highestrisk, highestneeds people. And i think i should have mentioned the drug sobering center. These are other 24 7 facilities which this Response Team could take people to and get them the help they need. Through the chair, i just think its important to talk about how this team is distinct from the h. O. T. Team and the e. M. S. I know it feels like a lot of teams, but we fought to make sure that the language requires coordination amongst all of these teams. They really do have distinct roles. So the h. O. T. Team is not supposed to be experts on Behavioral Health. Their mandate is to outreach and engage with people who are experiencing homelessness. Lets remember, not all people experiencing homelessness have Mental Health or addiction issues. So they are they have another role entirely. Its about well, thats a role that not all of us feel comfortable with now and were always constantly battling out, but it is distinct and sepa
A race against time to banks today. After a Measles Outbreak killed more than 60 people. The u. S. President has hit out at House Democrats as they draw out formal impeachment charges against him donald trump tweeted they are trying to impeach him over what he called nothing the pressure is increasing on trump as democrats move towards an Impeachment Vote in the house before Christmas Heidi jocasta reports from washington d. C. Its official me that was confidence and humility with allegiance to our founders and effects of love for America Today i am asking our chairmen to proceed with impeachment. Donald trump will become the 4th president in u. S. History to face formal impeachment charges that could remove him from office the facts are uncontested the president abused his power for his own personal political benefit at the expense of our National Security by withholding military aid and crucial Oval Office Meeting in exchange for an announcement of an investigation into his political