Strategists on wall street now see elevated recession risks and a possible significant pullback. Joining us is ian winer. Welcome back. Thank you for having me. Today it is the trump comments that are lifting the market friday they were sinking the market what do you do in this environment . You have to stick to the stocks that you really like because theres absolutely no direction in the marketplace the president clearly isnt helping things i think we are just going to continue to stay range bound at the same time, where global rates are and the fed basically saying theyre going to be there and you are in a little range here i think that the uncertainty itself will outweigh whenats happening and see a correction before we run away to new highs. The risks tilted negatively near term negatively for three months i think. Ians here for the hour lets focus in on the big stories today. Live in france with the latest on china trade bob here at the exchange kate tracking the nasdaq ayman, fir
Nbc 10 has a team of reporters in houston to show you the devastation and others here at home with how the storm is impacting our area and our army of meteorologists tracking where harvey is right now. We begin with Ted Greenberg talking with two people who survived Hurricane Sandy in new jersey and are now living through harveys devastation in houston. Its just surreal. Reporter gina trying her best to stay calm as harvey keeps pounding houston. Its unbelievable that the rain is still coming down. It amazes me. Reporter she, her husband and 4yearold son moved to houston from new jersey just months after a 60 foot oak tree toppled on to their old house during Hurricane Sandy. Missing the couple by mere inches. I cant believe now four years later we are dealing with Something Like this. Its crazy. Reporter caldwell, new jersey native lives in this neighborhood just outside houston. His grandmothers house also damaged by sandy. It feels like it is almost following me in these big events.
Few high thin sirus clouds up to 80 degrees. That sunnies going to work. Nice breeze out of the north at five miles an hour. That did bring in slightly cooler air earlier this morning. We were in the lower 60s in some of the coolest spots but 80 in philadelphia, lower 70s in the Lehigh Valley. Seventytwo in quakertown. Palmyra checks in at 81. Nice drop in the dew points, six to seven degrees cooler for philadelphia and in the Lehigh Valley, that indicates that dryer air mass and northerly wind flow. Excessive heat warning continues, philadelphia and adjacent suburbs. Tomorrow heat advisory goes into effect for areas in orange, south jersey, shore, delaware and up in the Lehigh Valley. Those heat indexes back on the rise again for tomorrow afternoon. Quiet on storm scan three. A few clouds popping up later this afternoon but should be dry, later tonight, tomorrow best chance for shower and storms. Hot and less humid, in philadelphia. Eightys at the shore and poconos. Then were talking
Surprised if they would wobble north again. It is depicted there, but there will be a band of heavy wet snow and the lighter accumulation that will be nothing off to the north. Hudson valley and north of connecticut. A possibility where you would be spared from the the storm and what we need to know right now. Rain mixed with that wet snow tomorrow morning, especially from the city south and west. As temperatures cool some of the snow could stick. There could be more than two inches of Higher Elevations. The numbers tomorrow night are dropping below freezing with the freeze watch tomorrow and down through central and southern new jersey. Back to you for now. After a nasty week of personal sniping, apparently make peace. Mrs. Clinton does indeed qualify to be president. That ended their bickering apparently. First at his childhood home right now on the water front. Lucy yang is live with the latest. Reporter bill, we are waiting for Bernie Sanders to arrive here on the water front for h
The super bowl and the upcoming new years eve celebration. In the postboston marathon era were security has played a major role in the new York City Marathon which draws more than 50,000 runners. What were looking to find is where the things start to break down. And as we go and point to Different Agency on the table and start to see this just happened, what do you do now. Reporter and Officials Say at this point there are no specific threats for the new York City Marathon. But that is something that they will continue to evaluate day by day. And as we get closer to race day, hour by hour. In lower manhattan, checkey beckford, news4 new york. New at 5 30, 25 people are under arrest in connection with an unemployment scheme. Rockland countrys District Attorney and u. S. Immigration agentscy these people tried to scam 160,000 dollars out of new york states benefits program. Investigators say they were collecting Unemployment Benefits in our state even though they lived in the dominican r