But brad, welcome, its good to see you again. Great to see you. Thanks for having me. I wonder as a tech investor what you make of the nasdaq and that sector the last few days. Is it a simple correction or something more you probably saw last night i tweeted, pullback . What pullback . Precovid the multiple on the soft way growth index was about ten times sales it peaked about a week ago today were at 13 time sales were still 30 higher valuationses in software than we were before the paechbd. The same is true for growth internet precovid about 23 times next years ebitda. We peaked at about 35 times next years ebitda. Today were still at 32 times, so heart will hardly a correction in my books. Do you think some of these stocks got simply out of control in the way they went up parabolically . The characterization doesnt need to get worse. Its pretty good these are peak multiples for stocks in the middle of a Global Pandemic for most software companies, the pandemic has not accelerated th
Plummet and here is the other issue, watching wind, onshore, that is nice, but by the time we get to tuesday now we have a very strong north wind and that is the kind of wind that brings us warm and dry conditions. It is not so much in the valley, the concern here is up along the ridge tops, the mountains that separate sonoma and napa county, and the mountains that separate this area, the deep red is where we are going to get 40 mileper hour wind gusts. We have the rest of our forecast in a. Bit. The Fire Department is deploying additional engines, just in case. The santa rosa Fire Department added 10 engines this afternoon at the National Weather service issued that red flag warning. It is an uneasy time with the two Year Anniversary of the fire around the corner. Andrea and mike irwin are glad to be back home after losing their home two years ago in a fire. They were able to move back in four days ago. Tell me what it is like being back home . It is cereal, it is unbelievable. The ar
That could intimidate witnesses or jurors or even lead to harassment. And how do you think trump is responding . Ill give you a cliff hanger and tell you about that in just a moment. Plus it is day one of the auto workers strike. The first in history against all of the Big Three Auto Makers and the union is now warning that more workers will go on strike if they dont get the better pay and benefits they are demanding. They are walking the picket lines as we speak but in a matter of hours will be back at the Bargaining Table. The companies are fighting back, ford laying off 600 workers. Well talk to one striking worker, a mom of seven who works up to six days per week and is barely making enough to survive she says. Ill begin with the latest on the filing from the Special Counsel jack smith. Joining me live washington correspondent for the Atlanta Constitution and former associate white House Counsel to president george w. Bush. So happy you are all here. There is no surprise there has
Narrowly tailored order to stop the former president from Making Statements that could, well, intimidate witnesses or jurors or even lead to harassment. And how do you think trump is responding . Ill give you a cliffhanger and tell you about that in just a moment. Plus, its day one of the autoworkers strike, the first in history against all of the big three automakers. And the union is now warning that more workers will go on strike if they dont get the better pay and the benefits theyre demanding. Theyre walking the picket lines as we speak right now, but in a matter of hours, they will be back at the Bargaining Table. Meanwhile, the companies are fighting back. Ford laying off 600 workers. Tonight ill talk to one striking worker. Shes a mom of seven who works up to six days per week and is barely making enough to survive, she says. I want to begin with the latest on the filing from the new Special Counsel, of course jack smith. Joining me tonight, washington correspondent t. M. Mitch
Aforementioned yahoo . They were just talking about it. Well get you ahead of all of the trades. Mandy has gone down to the heart of the action at the New York Stock Exchange. Hi mandy. Its a down day, as you said but being driven by a few stocks as you mentioned. Ibm and United Technologies for more than 100 points of the dows drop. Bob pisani joins us here on the floor of the stock exchange. We did not color coordinate ourselves. But it looks good. A happy coincidence. The important thing is if you look at ibm and United Technologies, put them up for me, they are about 120 points to the drop in the dow that were seeing today so very very unusual action, and thats why the dow is much weaker, for example, than the s p 500. We are having a problem, again. So in the First Quarter, put up whats going on with United Technology and ill show you this. In the First Quarter the big problem for Multinational Companies was number one. Week Global Growth particularly china and secondly the strong