Jim, its clear that even though we had some constructive things happen tactically yesterday, sounds like you dont expect this bounce to last for long were the most oversold weve been i guess you could go back some people say get some great stuff from mr. Williams who is one of my favorite technicians, larry williams. I want to point out, hes done work which says going back to 1933 this is one of the most extreme panics ever. He wants to buy panics on the other hand, you say whos there to buy i feel that were due for a bounce i dont know how much money there is there is to buy much more stock liquidity is a concern in every aspect of finance, at the same time any time you skip over the Public Health issues, you forget that right now strapped in san francisco, strapped in boston, strapped in new york maybe theres not just equipment. The nightmare is occurring what do we make then of stei stifel looking for a 15 rally, gun gundlach not shorting. Why are there these Little Pockets of not o
Quote, dont go to crowded places. Look, thats going to slow the economy. We dont know by how much. Remember, friday, larry kudlow was on the show, told us that targeted stimulus is being considered. The fed is being urged to take steps, too. Were watching for any announcement. Heres the other big problem. The price of oil is tumbling. The saudis have launched a price war, promising to flood the world with a glut because russia wouldnt agree to production cuts. American drillers will take a huge hit. They cant make a profit at 30 bucks a barrel. 31. 89 right now. Look at this. Money pouring into treasury securities, pushing the yield way down to yet more record lows. Takes your breath away. We were down to 0. 31 at one stage. Now we are 0. 41 . Extraordinary. It has to be said, the United States is in a better position to weather this storm. That jobs report was a blockbuster. Look at italy. Its locking down a quarter of its population, locking it down. That lwill ensure a deep recessio
Change the House Oversight subcommittee on the environment held its fifth hearing on Climate Change. Everybody sits together we will get started the subcommittee will come to order without objection the chair is authorized to declare a recess at any time so to discuss Climate Change on the future Economic Impact i will defer the Opening Statement for myself and when we spoke earlier i mentioned the fact we would hopefully to do a hearing we have time for Opening Statements but what i would like to do is to give each of you the opportunity to do so. Let me introduce the four of you have all freight oh gomez from the Accountability Office senior director for environmental risk the institute for Economic Freedom doctor greenstone Milton Friedman and the honorable Stephen Benjamin mayor from south carolina. So you are now recognized to give an oral presentation of your testimony for five minutes. I am pleased to be here today how to limit the federal government fiscal exposure by reducing
Everybody sits together we will get started the subcommittee will come to order without objection the chair is authorized to declare a recess at any time so to discuss Climate Change on the future Economic Impact i will defer the Opening Statement for myself and when we spoke earlier i mentioned the fact we would hopefully to do a hearing we have time for Opening Statements but what i would like to do is to give each of you the opportunity to do so. Let me introduce the four of you have all freight oh gomez from the Accountability Office senior director for environmental risk the institute for Economic Freedom doctor greenstone Milton Friedman and the honorable Stephen Benjamin mayor from south carolina. So you are now recognized to give an oral presentation of your testimony for five minutes. I am pleased to be here today how to limit the federal government fiscal exposure by reducing risk this is an area on our high risk list since 2013 recent disaster has shown the need for planning
Mike, youre seeing some slowing in Contra Costa County. Thats the only place im seeing slowing. Mild slowing for the Altamont Pass. Zooming the map all the way up here is northbound 680 past or including the split with 242. There is a crew in the area. The slower speedsors are registering probably because of the work going on. You have to average out for all the vehicles over the sensors and probably averaging out to the slower speed registering towards the benicia bridge. Down to the bay bridge, no delays. Its about 15 minutes from highway 4 down to the berkeley curve. We have a mild backup for cash lanes this is just starting to shape up over at the toll plaza. Back to you. Thanks, mike. A deadly tour bus accident for a popular Country Singer happened on highway 46 in Central California about an hour outside of st. Luis obispo. Emergency responders say one person died, seven others injured. Two suffering major injuries. The crew is part of the josh turner tour. His next concert is to