Away from new highs. Joe, i begin with you. The question is how are we going to get to those new highs . Value is outperforming today is this the start of the longawaited rotation . Well, your initiating a great conversation, scott, because as you have identified the s p 500 is basically sitting less than 1 above its all time high whats critical, though, in getting there if you are not going to have a significant outperformance from what has worked, which is clearly hyper growth, is youre going to have to have the participation from the value names. Lets put in context where value really is. Scott, the russell 2,000 is still sitting 9 below its all time high it achieved in august of 2018. When im thinking about value i also have to think about value and get contribution from small cap value, not just Large Cap Value because there has been such a differentiation in the Small Cap Index this year. Small cap growth is up 22 year to date. Small cap value is down 12 . So, yes, i believe it h
Good evening everyone. The test comes on the 30th anniversary of the loma prieta earthquake. Live coverage from. She is in San Francisco with how people reacted to the test. Reporter it definitely took some people by surprise. Imagine being out and every waddy cell phone started ringing. A part of the test work. The city said they were in the room with ever bridge the vendor trying to work out unexpected problems just to get the message out tonight. Throughout San Francisco this evening about a quarter after 6 pm phone started buzzing. They were in a meeting on market street. All the attendees and us. At the notification at the same time. It freaked me out. It freaked olivas out. It abruptly stops the whole room came to attention. It was pretty alarming. Reporter San Francisco sent the message as part of a scheduled test of the new alert system. Instead of using an area code it sends a message to all mobile devices connected to a cell phone tower within San Francisco. On thursday there
Live outside the construction site of 49ers new stadium in santa clara. Where we are learning more about the worker killed it could take months they have told us that the jobs that has been deemed safe and permitted to be open. At first it was shock but now with tragic. The other fellow coworkers loosed their life. I think that has some and pretty quick after it is pretty emotional. A little banged up in there. Reporter or statements from the fortyniners and the Trucking Company our sincerest prayers are with the family and coworkers. The Steel Company says they extend their deepest sympathies to a family in france during this difficult time. A thousand prayers go out on this difficult time reporter this is not the first death at the 49ers stadim construction site. This past june, elevator mechanic donald white was killed on the job. The 63yearold died when he was hit by a counterweight in an elevator shaft. Like todays casualty. White was working for a subcontractor. When the accident
Court nominee, Brett Kavanaugh. The president fiercely defending judge kavanaugh, but insisting he is open to, you know, this fbi investigation, trying to shut down reports that his white house is working to try to narrow the scope of this investigation. He says hes fine if the fbi interviews all three accusers and judge kavanaugh himself. He also weighed in on kavanaughs drinking habits. I was surprised at how vocal he was about the fact that he likes beer. And hes had a little bit of difficulty. I mean, he talked about things that happened when he drank. I mean, this is not a man that said that alcohol was absolutely that he was perfect with respect to alcohol. So if he did lie about his drinking, does that mean youll pull his i dont think he did look, heres what. Im just saying, im not a drinker. I can honestly say i never had a beer in my life, okay . Right. Its one of my only good traits. I dont drink. Wherever theyre looking for something good, i say, ive never had a glass of alc