Then walmarts answer to amazon prime, we will give you a breakdown of what is included an whats not and finally, white house chief of staff mark meadows will join us live, we will talk stimulus, covid19 and the unrest across the nation thats happening toward the top of this hour and you will not want to miss that. Carl kayla, david, guys, everybody is taking stock of the journey we have had not just in august for stocks, but for the past five months, the dow best fivemonth gain since 2009, for the s p the best five months since 1938 and as we said at the top, david, we are heading into historically the worst month not just in general, but especially during election years, september and october have averaged negative returns and we will talk to mark meadows about politics which are increasingly going to be part of the picture here yeah, no doubt. I think you heard it with the last guest who appeared on squawk box at the very end of that show. We are entering what conceivably could be a
And thats where the rain was over the weekend especially on sunday. Santa clara mountains, and 35 inches of rain in the Santa Cruz Mountains. The system off the mendocino coast and it swings in and you can light up the rain gauge again today and 30s and 40s very cold. This time of year we are well below average for the morning and the rain south bay even sneaking over parts of the east bay into the Santa Cruz Mountains and briefly at times and on the peninsula. Penn temperatures upper 60s low 60s in hamilton. It looks to be San Francisco oakland south. Sal is here now and he will tell us if there is anything going on. South . People are driving and whenever it rains we get crashes in effect because the roads are wide open as we look at the san mateo bridge here. Westbound 92 traffic is moving along pretty well heading out to the highways and you can tell the roads are damp and weve had a couple of incidents is clear. For the most part the traffic is moving along very well and airports
Trading resuming after all three major averages closing in record territory on wednesday and markets of course closed yesterday for independence day. Jobs report out in just over two hours. Economists are expecting 160,000 jobs added to the u. S. Economy. Unemployment expected to hold steady at 3. 6 . Joining me this morning, fox business jackie deangeles, max funds. Com cofounder, jonas and chief workforce analyst joanie courtney. Thank you all. Good to see you. One day after the holiday. So jonas, what are you expecting from the jobs report . Im expecting it to be a little weak, actually. Based on adp or Something Else . Based on the bond market. I dont think all these Bond Investors are wrong. I think were under a 2 yield because the economys slowing globally, not just here. Mostly globally, actually. If thats not what we get, the bond markets crash a little today and Interest Rates should go back up. Theyre basically pricing in a slowdown. I think stock market invests, which is at
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