Its gains for the week as tariff tanks stock. Say that 20 times fast having its worst day in months, this is the chart that had us all scratching our collective heads, bonds barely budged so bk, we go to you, what is behind, do you think, this market conundrum. Its a little strange, you would think with the fed buying, they reduced their buying, the market, the dow down 600, not much inflation out there, you would think that bonds would be absolutely flying and theyre not. What do we know . We know that Treasury Bonds are owned by a lot of sovereign states you look at Something Like saudi arabia, japan, china, perhaps they need capital, a lot, you know, has to do with the oil decline. Perhaps its investors getting a built spooked that the u. S. Has to raise an awful lot of debt and the only buyer out there is going to be the federal reserve, but its really strange. It was the one thing that stuck out to me today because i wanted to buy bonds i thought with yields at negative, u. S. Bon
The likes of which they have not seen since 1933, in the midst of a downturn for the month, the likes of which we have not seen since 2008 here we find ourselves this morning looking at a market that will open lower. Your thoughts . You go up 19. 9 in the s p, you can have two thoughts. One is that was the greatest bull market ever the other is, boy, is this market dysfunctional were not moving the way we should theres very little volume yesterday the machines took the dow up 500 points in the last 20 minutes. Im keying on oil. I think oil is something that the algorithms are keying in i wish there wasnt algorithmic trading, but its here to stay the quants are in charge you know, lets bring back the smith corona typewriter. The quants are in charge, they took it up and now theyll cashier the market and cash it in lets come back to oil for a second it does get lost sometimes in all of the volatility were seeing and our focus on the economic crisis, on the Health Crisis, on the equity ma
Dont know about it but neither do most consumers. If you pay the deposit for bottles and cans, youre supposed to be able to get your money back. It is part of californias 33 yearold bottle bill, but dont expect smooth sailing. Bottles and cans . Greg wright found out the hard way when the recycling kiosk in the parking lot of his Neighborhood Grocery store close last august. He is a longtime bottle and can redeemer. I dont need the money, and i dont want to give it to the sanitary department. Reporter so he called sacramento that stash and said hey, whats going on . And they got back to me and said you dont. Reporter cal recycle agency the agency that oversees recycling in the state told him he could redeem his cans right there at his lucky supermarket. But when he went in, no one in the store knew anything. Turns out retailers became the mandated recyclers of last resort last year. When 300 recycle kiosk and parking lots like this one were set down across the state. If there is nowher
Down. The new Trump Administration plan to boost immigration arrests in sanctuary cities. Bay area groups sound off on the operation involving elite Border Agents. Were ready to respond with power and not panic. Reporter police made arrests in a double homicide case that shocked an east bay community. Bosay the city needs to do more to keep them feeling safe. Theres justice, but its not solving the problem whatsoever. Theyve been sentenced to death, they have nothing to lose. The new program allowing death row inmates at san quentin to switch prisons. The debate getting heated. Its just another slap in the face to victims. And how do you turn that play and other iconic moments from the Golden State Warriors into a work of art . Coming in down like this was part of will chamberlains move. Right now on the kpix 5 news at 7 00 and streaming on cbsn bay area, a confession from San Franciscos mayor sparking new ethics questions tonight. Good evening, im elizabeth cook. And im elizabeth cook
Saying low rates are to blame. Basic change are the Interest Rate environment as well as the general macroenvironment we have seen pressure on margin rates and customer activity. Thats why we are not going to see higher revenue and a whistleblower report alleged President Trump abused his power on a phone call with a foreign leader and then the white house then tried to cover it up. Good morning, commerzbank has formally approved the latest overall. My colleague is with us live from frankfurt what did the angels have to say . I had to ask him why now because clearly the Interest Rate part was pretty much clear already when they had their last quartly earnings in august it took them some time to realize what it is going to mean also for their revenue out look. The bottom line is because of the Interest Rates and easing cycle and also the out look in the economy and revenue guidance this year was too optimistic i had to ask him why now and whats the biggest drag. Take a listen to what he