That the worst of this may be behind us. And they can start thinking about what the recovery is going to look like. Someet i know we have earnings coming out. Romaine travel companies will be reporting after the bell. On booking, what we are looking at, the g1 numbers coming in at 2. 29 revenue. That was the estimate for 2. 15. Well belowitda estimates. The estimate was for 363 million. So, no real forecast here. The company did say that covid19 would profoundly impact the travel industry. We will dig deeper to see if we can find a little bit more about any Forward Guidance for the company, basically saying they would emerge from the crisis in a position of strength. Scarlet right now, this is something that all companies are open for, to come out in a position of strength. For we go, i want to get an idea from you. This is something that Joe Weisenthal posited this morning. How much do you think this equity market rally has been premised on the idea that there will be more stimulus, a
In certain communities. Alameda contra costa and officials have already declared a state of emergency in in morgan hill a pedestrian night curfew has been put in place to deter crime. For many the loss of power will be a huge inconvenience. For the most vulnerable it can have serious consequences. We met with volunteers and caregivers checking on seniors. Pg e has been telling people for months to prepare for a power outage. There are those that simply cant. To meet them youve got to take a ride. The last two homes are went to both ladies are on oxygen. Reporter he drives sure meals on wheels and he says most of the elderly clients have no idea what is going on. The thought hasnt crossed their minds that they need water and basic food in the refrigerator might shut off for a few days and their food might go bad. Reporter ellen lives alone in her apartment and seemed confused by the things that dean was telling her. Im all mixed up. I dont know what to do or how to do it. I never even t
Kenny and michelle, right now winds are gusting up to 24 Miles Per Hour on San Bruno Mountain. Here is a live look. Were looking west. You can see the fire burning out there. And on our sf 0 camera, you can sea the smoke on our live camera. Current conditions near brisbane at the mountain area, Current Conditions looking at northnortheasterly winds very dry air sustained at 12, and low relative humidity values down to 23 . We still have a red flag warning in affect until 5 00 p. M. For the north and east bay hills and extreme fire conditions. Fire weather conditions still through the afternoon. Ill let you know when the winds will ease in a few minutes. Were keeping an eye on this fire that is burning just northwest of San Francisco international airport. A three alarm blaze. You can see some smoke in these live pictures from chopper 5. Well stay on top of this story. Another wildfire. Flames getting kicked up despite pg es shut offs. Jackie ward. Reporter it was a harrowing few hours
Hey, scott. Thanks for having me. We keep moving away from this bottom why are we going to have a shock drop once again, as you put it well, its a great question so most of these indicators are absolutely useless over time the ones that actually work are the ones most correlated by extremes in human nature in other words, you get a human nature extreme and inflect so what happened this time, and we measure like a shock drop is looking at a tenweek rate of change on the vix. And when it gets over 125, which it did, we looked at times in the past where that kind of quote, unquote, shock happens. And you typically get a 5 rally off of that shock low. So weve had just about a 5 rally off that low and then you go down and retest and typically break that point so i think, you know, what were calling for i get it. Guys are jumping on the retest bandwagon. But its typically what happens when you get a shock. Well, we already kind of had a retest and weve also moved far more than 5 off of what
In a New York Times publisher award in 2011 for coverage of the european debt crisis. Keeping study in his pursuit as a journalist, jack continued to write about business, banking, economics and monetary policy. Another part of coverage included the european car industry which gave a motive for him to write his new book faster, higher, farther from the volkswagen scandal. They found an appreciative audience with readers and critics alike and praise of research and narrative style publisher weekly writes a compelling prose makes the book reads like entertainment more than education and in the story how the company cheated devices and was exposed by West Virginia University Researchers and finally publicly cited by the epa as a corporate hubris. Interest in this now faded scandal may be confined to a niche audience that the readers pick up the book will be glad they did. Please join me in welcoming jack. [applause] thank you very much. Its great to be here at politics and prose which i u