Stabilize and support the financial system, support and rescue. Its moving quickly. On the ground, it is grim. 22 states have deployed the national guard. The virus is now infected all 50 states and d. C. And this is a first, kansas closes all schools for the rest of the school year. Its beginning to sink in that many of us will be confined to our homes for weeks and millions will not be getting a paycheck. You are waking up to an anxious america. Theres an eerie feeling when you see empty cities, shuttered businesses and a country thats really grinding to a halt. Now the markets. Limit down before the opening bell. We might be 5 or 6 down in early trading. Remember, if the s p goes down 7 trading is halted for 15 minutes. We have already seen that twice. The dow, s p, nasdaq limit down, big red arrows right there. Look at this. The yield on the tenyear treasury is now 1. 12 . So money is coming out, repeat, out of treasuries. Why is that . In part because some investors have to cover
The center of this agreement but every trade agreement that ive seen in my timey in Congress North American Free trade agreement central American Free trade agreement trade agreement with Columbia South korea and kenema one after another permanent trade relations with china. Everyone of these tradese actios were written fundamentally in secret by corporate interests to serve corporate interests. Workers were never at the center of these trade agreement. One of my votes in the house was against the north American Free trade agreement. I votedtt no for sense because these trade agreements were written by corporations maximize profitspe and to enrich stockholders always at the expense of workers. Communities like mansfield ohio and portsmouth ohio in toledo and youngstown. I was talking to a friend of mine and she knows former senator cafaro knows whats happening with these trade agreements. We all know how they undermines communities and always again because these trade agreements were r
Of cities with the needs of a human soul. How is it possible to discuss that . Im now in joined by a russian to urban sociologist, because i dont even know that especially for sure. I told her it was. Thank you for your time. A cigar. I happen to be here. I was the yells from what ive learned about the cost. It seems to me that other than the original dates between how you doing most as to what the ultimately takes priority for tell consciousness or existence. You seem to be more non with mom or something. In other words, she believes that ones environment determines the perception of the world. I for sure. Yeah, thats fine. Did i get that try this month. Its got uh well and see very slowly id say always comes down to making your claim on something that even if you go to the point where they usually say one of the 5th uh, with my buddies, permanent post boxes for the last the set, the owners have a right to the city, and i go to the home now, right to shape our environment, and well pi
The delta breeze that did not exist in the past few days is now flying. 50s on the temperatures for most locations right now. 51 danville, concord, 52. You can see the system coming in, look for a lot of cloud cover, they are coming in from the west southwest, that opens the door to the strong sea breeze. We see slow traffic and a lot of these commutes are now waking up. Lets look at the bay bridge which is better than it was yesterday. Its not quite as bad. We have not had any incidents on the bridge, hopefully it stays a nice normal commute. Is 15 to 20 minutes at the toll plaza. 10 to 15 minutes on the bridge and then you are in to San Francisco. This is 880 north and south, the traffic is moving along nicely. An earlier accident in vallejo is cleared. We are looking at the contra costa commute. Its a bit slow. Highway four is slow near the boundary of antioch into concord. Thats not unusual. We look at 680 slow as you head south to the beginning of the sonoma grade. There is a new
Crude oil prices also, which yesterday ended relatively flat. Prices have picked up slightly to 48. 25 for p ti. Brent crude up as well. Existing home sales come out at 10 00 eastern time. Expected to have a risen but at a much slower pace than march. As for earnings look for campbells soup, deere, foot locker and the buckle. Its stubhub. They got pay you 500 oh okay, how much . Oh pay me a thousand o go. Kind of a negative Interest Rate thing where they actually pay you do come. Its ban busy week on the retail front. The latest name to report. Gap. The retailer posted earnings in line with previous guidance but it is giving a cautious outlook for the rest of the year. Warning it needs trends in the Apparel Retail environment if it going to hit wall streets earnings target. Amid that slump gap plans to close all Old Navy Stores in japan. Also some banana republics, mostly outside of north america and lit do that by the end of the business year. Following the latest reports s p downgrad