Big news tonight. The Bay Area School district planning to open up classrooms and welcome back students in july. And anxious to get some fresh air . Check the forecast first. Were tracking rising temperatures this memorial day weekend. Good friday evening. Thanks for joining us. Im janelle the state is making it easier for businesses in wine country to serve people this Holiday Weekend. In about an hour, Sonoma County restaurants, breweries and bars and pubs will be allowed to operate outdoors. Wine tasting rooms can also get into the action if and only if they offer food. Nbc bay areas cheryl hurd says the move is welcome but caught some Business Owners off guard. Reporter chefs at cusina pair dee sew in petaluma have gotten used to making takeout orders for their loyal customers. Were not ready to open tomorrow or sunday. Reporter the California Department of Public Health deciding Sonoma County was ready to step further into phase two. That sounds like good news, but Dennis Fernande
Restrictions, giving us clues as to how consumers may react durables down 14 june wti holding at 17 as energy is the only positive sector for the week a lot of discussion about 2,800, are we range bound where is the ceiling now markets giving all kinds of important clues. A lot of analysts, we follow them for a long time they wait and wait until theres a moment where they can go negative theres enough companies that have done well, i have every piece of research in front of me i dont have an upgrade. I have downgrade, downgrade, downgrade. Because the stocks have run, it gives these analysts a chance to say, uh, im so lucky. It went from 29,000 down to 18 it bounced back, and now i can get off and not look bad and thats the whole tone of this morning i find it curious. I think that in general the companies have done a pretty good job just they like to pull their forecast because who the heck knows. If dr. Gottlieb doesnt know what will happen, why should he expect these guys to know wh
As being totally disingenuous. The jd of what happidea of whatt week with the minus 37, theres a couple of Financial Instruments that are wrong they are broken. We dont regard things as broken because it seems almost impossible that something could break. But the future that you see and the actual prices are very different, particularly in the out years. And i think whats going to happen is this has to go to zero again, because we dont have more space i heard the ceo of the largest Tanker Company on friday saying theres no room. Why should this number not go to zero it should go to zero faster than it did last time any chance it will go to zero. Yeah. Any chance that it doesnt because we will begin opening u some of these states thats certainly a hope, but there are times in life where people know that theres an instrument that is faulty. And they can shoot against that instrument and bury these people there is this financial problem that people behind the uso, they are financial peopl
How did the market worry when there is so much despair over the coronavirus. There is a seething anger sweeping this country and it is directed point blank at wall street this relentless rally seems unfair, it seems senseless and heartless. Thousands of people are dying. And Money Managers are cheering the most enthusiastic stock comeback in living memorial. Do you gaining another 559 points and s p climbs and nasdaq pulling almost 9 . How the heck is that even possible well why dont we start with peoples exhibit a against both me and the market here is a picture from last week when the wild rally had been cemented in the history books. The dows best week since 1938 then my head then breaking news more than 16 million americans have lost jobs in three weeks. 16 million full disclosure, i didnt order this curious juxtaposition to show you how i am. Most of you own stocks are not short sellers. Believe me there is no joy in stock film right now and i agree it is messed up. But the contra
York city overwhelmed, today the u. S. Navy sailed the hospital ship comfort into new york harbor. And tonight that states governor is issuing a nationwide call to doctors and nurses to join what he calls the front lines of the war on the crisis. With the u. S. Still several weeks away from the peak of infections, he warned new york is a canary in the coal mine. And as we come on the air, there are already more than 160,000 confirmed cases here in the u. S. , more than 2,900 have died. There is also some movement. Tonight when it comes to testing. Abbott labs says next week it will roll out a diagnostic test with results in five minutes. Also, virginia, maryland, arizona, and tennessee issued new stayathome orders, joining 28 other states. That means three out of every four americans have now been told not to go out. All of that is leading to a sobering assessment from the Federal Reserve in st. Louis that as many as 47 million americans could be laid off in the coming months. Theres a