Justice Ruth Bader Ginsburg. She has stood up for women, for diverse communities. She has been one of the most progressive voices on the Supreme Court pushing an agenda of justice for all, which is what this country is founded on. Its a huge loss, it is a huge loss. The mayor of San Francisco speaking with us about the contributions of Ruth Bader Ginsburg. Good evening, im andre senior. And im christina run down. Justice ginsburg died at her home in washington, d. C. From pancreatic cancer. Family was by her side, she was 87 years old. Chief Justice John Roberts announced her passing earlier this evening saying quote, our nation has lost a jurist of historic stature. We at the Supreme Court have lost a cherished colleague. Today we mourn, but with confidence that future generations will remember Ruth Bader Ginsburg as we knew her, a tireless and resolute champion of justice. People sang Amazing Grace outside the Supreme Court tonight in honor of the late justice. Throughout the night m
Market, they see the s p going up another 8 by year in based on vaccine optimism, apple is helping the dow and the overall market as well, david big reveal of new products including a new watch, the stock premarket is up three box, better than 2. 5 , we have ray wang back on the show he sees apple going to 150, it is now 118. Im going to show you amazon, the Accounting Firm deloitte expects on explosive 25 35 gain in online sales this holiday season, amazon is up 37. Seven weeks exactly to the election, heres the Campaign Schedule today, joe biden gets out of his house, theres a headline, heads to florida to address the hispanic vote, Top Democrats are worried that hes been playing it too safe, Bernie Sanders wants him to harden up his message and apparently he is listening, on monday called the president a climate arsonist, strong staff, who is writing his teleprompter, is he in control of his campaign . We will ask, big event at the white house. The president witnesses the signing of
Hayes fog thats what were starting this morning with you can see from the east bay berkeley, not looking at much of a view just yet thats due to low cloud cover thats lifting above the east bay hills so most of our bridges are just fine on even the golden gate as you traverse up into Marion County are down in San Francisco, looking great as far as visibility goes not so great as far as air quality goes which will be getting to here in just a minute 50s and 60s for your current temperatures with alameda at 59 degrees hayward concord oakland in the low 60s right now nice mild morning of course its tempting to get out there maybe go on that job but id say work out indoors. This next week as we do see hayes sticking around 6070s, 80s and even a few 90s remain in the forecast today weve got all the details on the smoke all still to come first, lets get a look at traffic with rob. Thank you john will traffic is starting to ease up on our bridges but its getting slow on the freeway. So lets c
You cant when the nasdaq is running like this. A 7 gain in index, you almost have to realize everybodys price target has to come up. Its baffling and confusing people who are not in the stock market but making a lot of sense to professionals who realize oh, my, god to chase. Yeah. Banks will get jp morgan tomorrow theres a lot of discussion about the commentary will matter more but also the idea that because of where estimates are, you could see some upsize to prizes another upside out of bsf. Jp morgan, the whole group is insane Goldman Sachs goes from 190 to almost 210 its almost as if people said, find me something that is not crazed my issue will be loan losses and possibly dividends and i think a lot of the chatter i listened to wilf this morning but a lot of the chatter is if people are getting more stimulus and money is being pumped in, why should these Companies Pay their dividends . I personally think theres no problem but that wells fargo dividend news shook people up. Hey, c
Role, on the Long Distance round table, ben levisohn, carlton english and jack howe. The fed has been sometimes blamed for propping up the market, but it looks like fridays selloff may have been in part due to what the fed was saying and doing. Thats right. I think the fed made a mistake. They released the results of their a bank stress tests, and at first they looked just fine. The dividends were capped for the third quarter, but that wasnt much of a surprise. Normally the suspension of buybacks because no ones really buying back banks anymore, but they left a lot of uncertainty about future quarters. As investors looked at those numbers, they a really started to get a bit afraid of what it meant for bank stocks, and then they started to fall on friday. And it really isnt good for the market at this point or investors. Tech is about 27 of the s p 500 right now. If thats near dot. Com levels. Investors really need other choices besides tech, and they were starting to feel comfortable w