Breathing life back into the good to see people there again. Auction world. In 80 times this would be an actually one of my favorite zoos ever i would say its number two next to the san incredible exhibition that even diego zoo. The legendary San Diego Zoo now havent been starved seeing this one is local and mike i really great works of art. Know that both of you are happy up like many businesses they to see this. Were going to be there or at have been largely spared from the pandemic. Least were going to have a the auction house smashed several records during the first into virtual auctions show about this coming up. Boosted by the interest from along with mike its nice i new online customers. Last fob months an know that weve had a settle increasing number of new buyers back with coronavirus but it is come to us particularly through nice to inch along and get some our online auctions which have now topped 250 million this year alone. May be opening its doors but of these things back
We will have multiple hundreds of thousands of deaths in this country in place wearing a mask and White House Coronavirus Task Force Members are urging americans to wear masks and follow social distancing guidelines in order to slow the spread there are things that we can do right now in the absence. Other vaccine. That can turn us around the fundamental things. Avoiding crowds physical separation, universal wearing of masks closing the ball was and hygiene meanwhile on capitol hill negotiations continue over what another coronavirus stimulus bill might contain. Among the points of debate between democrats and republicans the 600 a week federal unemployment benefit from the cares act that expires on friday in washington, im karin caifa. The university of washington model projects that by november first 2020 the u. S. Could see over 219,000 coronavirus deaths and now all bay area counties are on the states covid19 watch list San Mateo County is the most recent addition, it was added to
Technology companies coming up in front of congress. We know that Mark Zuckerberg will be taking questions and even delaying earnings. Taylor we are speculating here. We dont know why they have not confirmed that but we assume they are those hearings delayed from today. Stock Market Reactions, so priced to perfection. Unless you are revaluing them, the strongest Balance Sheets, because we are in as in a structural change, they are the only Companies Growing 20 with 30 , lets say you get a beat or meeting expectations, the Market Reaction has been a little bit to the downside with some of the smaller Tech Companies. Is Market Reaction post that interesting but a week later we forget about what happens after earnings. Caroline microsoft was down after earnings. Tesla had a big selloff last week. Sherry, we were talking earlier about the weakness of the u. S. Dollar. How much is that starting to have you looking outside of the United States . We had a call for getting into emerging market
Not a pretty chart. How concerned is the governor of the bank of england . Governor is extremely concerned. We also had forecast this morning from the ob are, the fiscal watchdog, suggesting unemployment is going to remain extremely elevated and is likely to rise into next year. That will make the governors job in the chancellors job very difficult. The real question is, where does the stimulus come from . Does it come from the treasury in westminster, or does it come from the bank of england . I suspect it will be the bank that does the heavy lifting, not the treasury. Both will have to do some, but the onus is going to fall on the governor. Tom this is the theme of surveillance today. Now that we drift to the end of july, the middle of july, we begin to see gdp data from may and june, the change to Political Economic dialogue. In new york city without first word news come here is ritika gupta. Ritika good morning. Vice president mike pence told u. S. Governors to protect their citize
Greatest especially if youre going to be a traveling along highway, one or maybe one oh one coming out of the north bay visibility down to about a mile through nevada couple miles and San Francisco, and visibility quite pour in Half Moon Bay and even the east bay hills there through oakland. Drive along 80 just be real careful out there. The good news is things are going to improve as we get through the Early Morning hours into this afternoon. This is again what weve been seeing pretty for the last few weeks here and so right around midday. Thats when well see a lot of that clearing around the noontime hour and well have a lot of sunshine pretty much everywhere except for summer coastal spots thats where that fog is going to be sitting for the entire day today temperature wise outside were higher in some spots and about the same in others versus where we were at this time yesterday 4 Degrees Higher in nevada right now, waking up with us versus yesterday to in San Francisco 2 Degrees Hi