Merchandise at the market all at once without new money coming in, and we can have a very rude awakening. Its not necessarily easy to see especially on a day like this one. Dow did not keep points,. 08 and nasdaq lost. 95 sometimes the new supply is as invisible. We heard from beyond me, the revolutionary plant based companies that makes faux ha hamburgers, the stock got annihilated, down 22 today. I happen to love beyond meat the company. Ceo ethan browns stands for a clever concept the idea is that cows are a terrible Delivery System for protein, they add fat and cl cholesterol spewing methane all over here right to your plate, not here, the cow and then your plate. Got it beyond meats product is far from perfect but its a legitimate disrupter of the 1. 4 trillion meat industry. Growth is staggering, their sales have more than tripled theyre already turning a profit if beyond meat keeps growing at that pace, you can argue it deserves to be a multibillion Dollar Company and thats the
Truck gets there. Folks are being forced off the freeway and then back on, and that will delay those getting into richmond. I hope wcl walnut creek, it fee and we will have a nice start to the day and a warm afternoon. We will be at 74 degrees at noon. And our south bay high reaches into the 80s downtown and upper 80s in the south county. We will get a look to the weekend coming up. Developing now, a manhunt is under way across the state after a deputy was shot in the central valley. This is who police are looking for. You saw him there, herrera. He open fire on a merced deputy county. He fired several times during a traffic stop, and hittingn the chest andhe wearing a ve, okay. If you are headed out the door, be aware of the alerts you will see like this on the freeway. More breaking news. This time Police Activity in the south bay. Its happening on america avenue in sunnyvale. Police are not telling us what happened but say the situation is no longer active. We are certainly going to
Tell them to macdonald this is the news our live from london coming up in the next sixty minutes from all these government declares a state of emergency the former president is a rested on charges of plotting to overthrow the government. U. N. Security Council Sales to reach an agreement on the use of chemical weapons in syria the u. S. Blames russia. Was going to talk rival protests in johannesburg over south africas president jacob zuma calls are calling for him to quit. And far its all our top a sports story quarterback nick foles has been named the super bowls most valuable player after guiding his team to a dramatic victory. Very warm welcome to the news our first two developments in the maldives where the president s declared a fifteen day state of emergency shortly after the announcement was made Security Forces still on the Supreme Court with the chief justice and all those are believed to be sheltering a former president has also been arrested accusing of plotting to overthrow
About shrinking its balance sheet. Elsewhere, unicredit safers a data hack affecting around 400,000 italian customers sending shares lower european automats are in top ge with shares much tof the french carmaker topping and senate votes to reignite debate on ending obamacare as senator john mccain dramatically reappears following brain surgery. Weve been spinning our wheels on too many important issues because we keep trying to find a way to win without help from across the aisle. Were getting nothing done, my friends, were getting nothing done can we doff our cap to mr. Mccain brain surgery and whatever you think of the politics republicans versus democrats, my goodness me returning to capitol hill yesterday absolutely dramatic what a man five years ago today, mario draghi said the ecb was, quote, ready to do whatever it takes to preserve the euro. Lets take a look. So june 2014, European Central Bank Actually cut Interest Rates below zero to stimulate the economy apparently and that
France were at 1. 3262 on the euro come into this number. Euro doesnt know what to do with this data. It is mixed at best. Lets check in on the euro dollar. There is a little bit of a move head of that data. So slightly lower. In terms over the equity markets, lets check in. There was that hawkish tone to the Federal Reserve, but markets the s p finished almost two points off its records. The dollar was trading at an 11month high. Markets dont seem to be terribly bothered. Well get you retail sales later on. Equity markets are opening higher. Equity is trading higher despite a shift in fed. One thing i have have been saying throughout the morning is the amount of money coming out of these equity markets. U. S. , bps pulled almost 1 billion in july. Those are the first outflows from this in equities since april 2013. Redemptions overall on these equity markets were 3. 5 billion last month. Those are the biggest redemptions in almost two years. Does that tell you something about the flow