200 points after the jobs report ended the day down just 40 points. Meantime the yield on the tenyear yield jump back above 2 President Trump blasting the fed when speaking to reporters earlier today. Were paying a lot of interest and it is unnecessary, but we dont have a fed that knows what theyre doing so it is one of those little things. But if we had a fed that would lower rates, you would have a rocket ship. So what is the market saying now about what it expects for a potential rate cut this month . Didnt bullard and powell dress down the window for a rate cut last week, or at least going from 50 to 25 basis points i think powell should dress down the window i dont think he should cut. At all . The market thinks he should cut but you have a limited amount of ammo so why not string it out longer wasnt the argument that the fed moved too far . One cut too far. And it was more of an ee quill quill equilibrium cut the question is was good news today bad news for that. If you look at f
Assault. A Sexual Assault Response Team nurse also testified today that during an exam she found the alleged victim had abrasions on her buttocks and internal abrasions in her private region and had vegetation in her hair. The nurse also testified she examined brock turner. She said he had abrasions and soil on his arms, hand, ankle and back. Yesterday a stanford student testified he saw a man on top of a woman who was not moving. He said when the man ran away, he and another student chased him and pinned him down. They say that man was turner. After his arrest, turner with drew from stanford. Turners attorney would not talk to us today on camera. And the young woman was not a stanford student, but she is a bay area native. She grew up here in palo alto and graduated from gung high school. Feeling no remorse an east bay hitandrun driver appeared before a judge a short time ago. Daniel morris is facing charges after severely injuring a young boy in a car crash. His judge is the his bail
Weekend. Think again. Tonight the search for a fix. Stretches all the way to the east coast. Lets get right to andria borba at the North Concord station. Which is the end of the line, for now. Andria . As the sun sets over pittsburg bay point bart its also setting on spike, and then they can better interpret whats going on. Also, on board, an expert flown in from the east coast. While bought is coy about who he is, they say hes the man to unplug the power problem. He is an expert had it comes to on the manufacturing side, as well as on the industry side, so he understands the train cars as well as the power system, and how they interact with each other. Reporter as the tracks shut down continues to take on the bill for bart continues to pick up, not only is the agency trying to replace this 1000 piece of equipment, they will likely have to pay for the bus bridge. Typically, mutual aid between bart, ac transit, county connection and try delta is free, but only for a few hours. Well have
Spike, and then they can better interpret whats going on. Also, on board, an expert flown in from the east coast. While bought is coy about who he is, they say hes the man to unplug the power problem. He is an expert had it comes to on the manufacturing side, as well as on the industry side, so he understands the train cars as well as the power system, and how they interact with each other. Reporter as the tracks shut down continues to take on the bill for bart continues to pick up, not only is the agency trying to replace this 1000 piece of equipment, they will likely have to pay for the bus bridge. Typically, mutual aid between bart, ac transit, county connection and try delta is free, but only for a few hours. Well have to, at the end of it, tall it up to reimburse tally it up to reimburse the agencies helping us out. Reporter riders should assume on monday, a bus bridge will be in place here as well. Live in contra costa county. Crews had to dig this hole to make repairs. Crews rep
United states . We have some great champions of Small Business on this stage. I want to work with them and with others to clear out the brush, to get the credit flowing again to get more people with those good ideas a chance to be able to start and grow a business. My dad was a Small Businessman, and i deeply respect that entrepreneurial spirit. Were also going to have to tackle the tax code with all of its inefficiencies and all of it unfairness. I know what a big undertake can that is, but right now, its really stacked in favor of the wealthy. All of the loopholes, the deductions, whatever it is that enables somebody to escape paying their fair share, the wealthy pay too little and the middle class pays too much and i have said, i think the middle class deserves a raise, not a tax increase, and i will not raise taxes on middle class families because they have to get back to where they were before they fell into that ditch of the great recession. [cheering] but you know, if youre thin