No place or at least no other place than the street. The city shelters cant go in there because they would be too close to one another. Instead, nonprofit organizations are giving them tents and tell them to shelter in place. And in this case, in the tenderloin, that place is the sidewalk. The idea is that theyre contained, not going to be spreading the virus. But theyre going to stay in the tents. But the reality is different. Just take a look. Theyre not staying in the tents. Theyre out on the streets. And with it are the other problems, the Mental Illness, the drugs, the other things associated with population that are going with them. Its one thing what youre seeing on the streets. The other thing is what youre not seeing all the time. Those are the people that are living in the hotels here and apartments here that are virtually being held prisoner because they cant go out on the streets and mingle with this. Theres tents right down there. Theres people passed out. Theres tents dow
Those friday afternoon activities. Lets get over to reggie with news of the day. Thank you, mike. California is entering stage two of reopening today. It is only affecting a certain amount of counties here in the bay area. Lets take a look. Napa, sonoma, santa cruz and solano will follow the governors orders or at least orders that are pretty close to it by reopening many more stores today. Abc7 News Reporter Amy Hollyfield is live in downtown napa with what it looks like there. Hi, amy. Napa and sonoma you can get Curbside Service, pickup. The owner of this boutique says thats not enough. She needs people to come in here and browse. She is really struggling. She needs people to get in here and shop. But napa and sonoma at least are complying with the states new order. Most of the bay area isnt even doing that. Under the new orders, some Retail Businesses like stores that sell toys, books and clothing can partially reopen. Curbside service only. Calamity janes owners says she is trying
Discusses the Coronavirus Response. House5 am, daniel ober discusses how the u. S. Power grid is responding to the pandemic. Host good morning, it is wednesday, april 1, 2020. President trump in the task force released new estimates projecting the deadly virus 100,000240,000 americans even under the current efforts. He warns those numbers could be much higher if they dont follow the guidelines aimed at keeping the virus from spreading. This morning onwashington journal we get reaction to the projections. Also, you could send us a text this morning. You do, please include your name and where you are from. On social media and twitter it is cspanwj. Very good wednesday morning to you. You could start calling in now. Some of the front pages coming off of president Trumps Coronavirus Task force briefing yesterday. This is Washington Post. Dire, thetoll is front page of the new york and this from the front page of the Washington Times. I want everymp american to be prepared for the hard days
Impact of coronavirus . What are people seeing behind those aisles . Guest that is the question of the day. A lot is going on. I cannot tell you what an incredible disruption the last couple of weeks have been. Primarily, you have a lot of people hoarding and buying lots of food. A lot of other things. The supply chain is not set up for a surge like that so it takes a little while to get caught up. We have lots of hens and cattle and pigs in this country, but they are set to move through the system at a certain pace. The other really big thing thats happening is you have a massive shift from restaurants, food service, universities, schools to retail. In some cases thats different products, different types of products, different types of produce, but all of that has to be shifted to retail. Unfortunately some of this may go to waste, particularly in the case of fresh produce. It has to be eaten fairly quickly. Has created all sorts of logistical challenges and otherwise, this whole shif
If you have those big game big names in the green. Joe netflix, the ultimate stock for people staying in their homes, probably netflix. Romaine lets dive deeper into the action. Taylor riggs, what are you watching . Theor i am looking at chipmakers. The nasdaq is higher but the stocks is lower in part because of the impact they could have on the chip suppliers. So much of the discussion has been about the stocks the stoxx being overvalued. Oxx p ecan see, the st ratio still trading at 19. 5 times. As much as we talk about the pullback and the fears about apple, it is important to keep in perspective how full some of these valuations are as we head into some of the uncertainty with the coronavirus. I am looking at the traditional inverse correlation between gold and the dollar. As you look at this chart, typically, they tend to move in opposite directions. Now, safe haven is driving assets higher on those coronaviruss. Gold, trading over 1600 per ounce. That comes even as the dollar str