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Weakerthanexpected manufacturing data and the brutal 3. 6 decline in the chinese stock market last night. How can this clearly bad Economic News produce such a remarkable run . Dow climbing 229 points, s p jumping, nasdaq gaining 1. 14 . Is this opposite day . Perhaps the market lost its mind . No, its like weve entered bizarreo world with bad news is good news. Why . The uglier the backdrop, the more likely the Federal Reserve stands pat and refuses to raise rates when it concludes its deliberation this is thursday. This fed meeting, like it or not and you know i dont like it is the most important event of 2015 for two reasons i dont recall a more opaque fed. Its driving me crazy its about to render a momentous decision that will surprise people. Second, the consequences of a rate hike, listen, youre not going to get that plus and minus stuff for america its plain negative f ....
Reporter definitely, guys, i spoke with the Fairfield Police who are trying to determine what the motive was behind this. We do know the grandmother is booked currently at the county jail for the murder of her grandson and Police Believe she intentionally drowned him in a bathtub. Police say she was babysitting this 4yearold and his two siblings and when police and fire got a call about a drowning in fairfield at around 11 00 a. M. They saw the boy was unconscious and not breathing. After detectives had a chance to scope out the scene they came to the conclusion that the grandmother intentionally drowned her grandson in this bathtub. We have the police explaining what led to this conclusion and reaction from a neighbor. All the information gathered and statements that were provided, statements from the grandmother herself. This is very, very sad. I have kids and i and i kno ....
Knoll says it is more light rainfall. The pattern is ideal. If we can stretch out the days, thats the most productive for filling reservoirs. It gets me out of the depression that meteorologists go into, during droughts. Droughts are not very exciting. Reporter to appreciate the sun a little rain must fall. So you dont have to be a meteorologist to notice the difference. The storms we had earlier in the season, they were cold storms. And you could tell when you came outside, they came down from the gulf of alaska. These as this meteorologist we talked to said are more direct relatives of el nino than the distant cousins and that is why it is warmer julie. We dont want jan to go into deep depression. Noel thanks very much. You can be sure to download the free ktvu weather app. It has live radar hourbyhour forecast and the extended bay area forecast. Now to Pleasant Hill where a woman says a call to police ended with her pet dog bein ....
Ago. Im talking facebook, alphabet, formerly google, the linkedin, latter disaster after the close. And they piled into the Big Industrial and commodity stocks that were despised for months on end. You want a perfect example of what the heck im talking about . Why dont we talk about alcoa . Aa. Do you know that the stock of the giant aluminum company, which has been a total dog, earned more than 10 higher today . The second best performer in the s p 500. Even as Nothing Happened at alcoa. Nothing to justify this move. Other than this kind of rotational Money Management behavior that i like to chronicle for you. Now, i think alcoa should have been climbing for ages because alcoas splitting into two companies. One thats basically a commodity aluminum producer and another thats all about the proprietary use of aluminum. ....