The process making road was a little bit wet for some of our upper elevations in the east bay and then right along the now aside from that visibility is actually holding up just fine for most areas as you can see in fog cash shouldnt have much issues this morning and skies will clear pretty quickly on into late morning. Temperatures right now were in the 40s and 50s with concord at 53 degrees oakland at a nice mild 55 youve been our most mild spot all morning long while its easy to spot our coldest area. That santa rosa currently at 37 degrees are only area thats right now in the 30s, im talking what else to expect later on today still to come in your forecast. Course weve got to look at traffic with robin how is it on the roads. Its a little busy out there john for checking in on 92, we have a crowd thats leaving hayward heading off to the peninsula you see the role here getting a little congested, but its still not bad. It started picking up in the 4 oclock hour and we have more folk
That is better sequentially and Beat Estimates as well. I should point out that july was also revised higher. At a monthtomonth basis, looking at an increase of 4. 8 . It continues the story of the Housing Market on fire, very strong. That is going to bode very well for home sales. We are even seeing private equity going into buying homes to rent them out. A lot of the news coming out from washington over the last 24 hours. Currently, we have President Trump and the first lady paying their respects to Supreme Court Justice Ruth Bader ginsburg any moment. We are bringing you live pictures, and we will bring that to you live as well. Meanwhile, the president refuses to commit to a peaceful transfer of power as the peaceful transfer of power if the tally shows joe biden as the winner. He spoke at a News Conference yesterday. Pres. Trump we will have to see what happens. Ive been complaining very strongly about the ballots. The ballots are a disaster. People are rioting. Do you can bi do y
But brad, welcome, its good to see you again. Great to see you. Thanks for having me. I wonder as a tech investor what you make of the nasdaq and that sector the last few days. Is it a simple correction or something more you probably saw last night i tweeted, pullback . What pullback . Precovid the multiple on the soft way growth index was about ten times sales it peaked about a week ago today were at 13 time sales were still 30 higher valuationses in software than we were before the paechbd. The same is true for growth internet precovid about 23 times next years ebitda. We peaked at about 35 times next years ebitda. Today were still at 32 times, so heart will hardly a correction in my books. Do you think some of these stocks got simply out of control in the way they went up parabolically . The characterization doesnt need to get worse. Its pretty good these are peak multiples for stocks in the middle of a Global Pandemic for most software companies, the pandemic has not accelerated th
Still have trouble making ends meet. In are in desperate need of benefits we want to help. Businesses that are particularly impacted by this and will continue to work on proposed new legislation yet congress and the white house are at a standstill over the next round of stimulus funding there is no question that donald trump has been an abject failure and incompetent. When it comes to addressing the severe job loss that has happened as a result of the pandemic despite the pandemic and protests over Racial Injustice polls reflect a race that has barely budged which is why both campaigns are targeting key battleground states like wisconsin hello, wisconsin. Vice president mike pence a senator Kamala Harris are spending labor day and pennsylvania where biden met with labor leaders unions built no class still President Trump believes focusing on the economy may be the ticket to keep him in the white house under my leadership next year will be. Greatest economic here in the history of our c
What do you think . I dont think its that bad you have plenty of tech stocks up today that have in the green. I guess i dont see it as quite a tech wreck i feel like we have seen actual tech wrecks this year. These are stocks up 100 or more give or take from march giving back like 12 , 8 in some cases. Im not with you on the premise. These stocks are off their highs but theyve been making new highs relentlessly for months. Good point. Let me come back at you and say what about the premise being, stocks were up 100 in whatever they were since march. Was it normal they were up 100 or whatever since march. They were up on multiple expansion. If they were up on all of that and some of the air is coming out of it, doesnt that say they have a lot more room to fall i think its tough to generalize some of them have more air to come out than others and some will continue to report out standing fundamentals without playing any games and see even higher levels than what they are seeing today i th