Barbara doran from b88 Capital Partners good to see you, barbara less than two weeks until the official u. S. China trade talks kick off and a new wrinkle as to what will actually happen when both parties meet. It is definitely a new wri wrinkle today. For me the bigger concern emerging is what happens to the consumer all of the consumer data this week was pretty terrific, except for Consumer Confidence numbers. Housing, et cetera, we continue to have strong wages, growth, that sort of thing but for the first time, were seeing Consumer Confidence down a little bit, consumers and surveys are saying, hey, trade issues have crept into their head and, you know, my real concern is the margins of companies, if they start to do layoffs, that hurts Consumer Confidence, and stops spending and that is the underpinning, which by all accounts, we all agree. By the way, the china has got markets spooked. Nasdaqs down 1. 6, the laggard of those indices. Bob is with us for the full first hour, which
Let you live where lots of festivities to say goodbye to the manager. Good morning it is monday, september 30. We are off to a cold start. Lets get a check on the forecast. Happy monday to you. Is a chilly start to the day. Santa rosa is down to 41 degrees. If we bundle up. Making it low to mid 50s. Lets check the radar. Some spotty showers on doppler radar. Southbay looking at morgan hill. Upper 60s in san jose. Youre in love. Very light as you are doing it to san francisco. Some minor snacks opportunity. Was like that is in the clearing status. San mateo bridge, so far so good. Easy road getting on to oneon one through the peninsula. So far so good on the nimitz freeway. Have most any delays. We will take a closer look at the coming up in a few minutes. Freeflowing in both directions. Were hauling the latest fire overnight. Started after 8 pm. A live look at washington dc. The impeachment inquiry is picking up steam. The House Intelligence Committee does 60 minutes the whistleblowers
Across woodinville, running on the coast. Oaklcoord. The bay bridge, we are starting to see some stop and go conditions. It is still stuck in one of delays. R ey wilget that cleared up. If you are taking the freeway, was bound off to a great start. 80 degrees looking great into richmond. Break by break. Some pretty good speeds. You will see lots of brake lights. The ultima. 205 to 680. 80 in the green again. Live right now to the sierrawhat to. This is interstate 80. Several inches of snowfall has already fallen. It is going to continue all day today. There is some chain ntrols in effect. This is video from yesterday. You can just see it was really coming down. Some spots will get up to one foot today. There are many on the feeder most of the snowfall is going to be falls. Ing ho w rth of wa interstate 80. Semite overpass. Ut 6000 feet. O that is only september. Happening today, accu sed ofs setting a dozen fires during his oscar reunion is set to face a judge. Our reporter is at Santa
We should also note that yield curves around the world are feeling the pressure as well we did have on friday the german bund, the 10year, falling to its lowest level ever. As for the asian markets, the nikkei down by 1. 75 hang seng also pressured by what is going on in hong kong in terms of the protests there, down 3 . Shaun hi shanghai down 1. 6 in europe, red arrows across the board. Dax is down 1. 35 . Ftse down, as well we have a stronger dollar against the major currencies weaker crude, wti down 0. 7 . Brent down 0. 75 . Couple safe haven trades working this morning, gold prices are up. They actually have been on a great run. They were under 1300 about two months ago you see them up only slightly, little less than 1 , probably because they had been so strong lately not a lot of oomph year. Bitcoin also getting a little bit of a boost right here. Obviously, a lot of capital and motion across borders. That could help the sentiment toward bitcoin you see it up 7 at 11,750 lets talk
Is a Major Trading partner of china where purchases have slowed and a trade war with the u. S. Is taking its toll. Still the move caught investors off guard sending the new Zealand Dollar falling 2 percent. South koreas central bank has meanwhile said it stands ready to cut rates if needed. Cutting Interest Rates makes money cheaper to borrow ideally sending more of it circulating through the economy and boosting stagnant markets. But some analysts worry that cutting rates now to curb a slowdown leave Central Banks too little space to act in the event of a real economic crisis. But nations here want to get ahead of the next recession and theyre following the lead of other Central Banks most notably the federal reserve. Looming over everything is that trade war between the us and china a conflict shows little signs of abating. Despite that trade war the us china and dozens of the nations have signed a land mediation treaty in singapore the treaty allows parties involved in International