Previous peak on february 19th and all i heard is its because were having a v shaped recovery wrong, wrong, wrong. Not just wrong but laughable in a v shaped recovery the Dow Jones Industrial average would be hitting highs but this move is led by the nasdaq and s p including today the dow lost 67 points as the s p advanced 2. 3 , the nasdaq gained 7. 3 you dont need to be a Rocket Scientist to figure this out look at the stocks that have brought us to these levels they are not the recovery plays. In fact, they are the opposite they are stocks that tend to do well because of what we call secular considerations, not secular like nonreligious but secular as in they are doing well because of trends in their own industries, not the economy. Far from it. Allow me to explain. We had a magnificent v shaped recovery in the stock market, but the stock market is not a great reflection of the voter economy anymore. If anything, the actual economy is in precarious shape now that the government stim
Marty thats right golfers are taking advantage of this new and revised shelterinplace order which allows people to golf i talked to one woman she says she feels like her haul these back makes her feel like she is a normal life again when we get behind the camera so i can show you some of the golfers behind me here the presidio golf course you can see people keeping their distance and also watch each other. Gulf right here on the green the grasses freshly caught people are excited to be out here because as i said it just feels good to get that hobby back take a look at your screen according to the new order construction sites can resume with certain safety protocols in place already seen a few construction sites up and running this morning across San Francisco, real estate transactions can also now happen. But with some restrictions on open houses and limitations on in person viewings child care programs can resume as well, but there cannot be more than 12 children and groups of childre
Mother nature will supply it today. Ac kicked on yesterday. That is rare for my place in april, that is for sure. We do have a combination of low clouds and high clouds that are marching over us right now. That is leading to a big trend in the cooler air yas. Temperatures 50s and i dont think they will budge any. Just about everyone has cloudy to mostly cloudy. When you have a change like this, it can go 15 to 25 degrees. I went 10. I have seen this a couple times. The onshore wind is in place. A series of systems move in and cold Ocean Temperatures translates into a much cooler pattern. Some locations it will go below average. Some by the weekend. The cooling has begun. Well, the bay bridge went from not moving at all to now moving. Yes. It is moving again, steve. Lets look at what we have here. Traffic is going to be moving better here at the toll plaza. In fact, i can show you the toll plaza area here and it is a little better than it was. There is still a backup. Where did this bac
Contain the virus and well look at coping with it as well how to protect your Mental Health whilst practicing social and physical distancing while the number of cases is comparatively low across africa if that changes will Health Systems be able to cope. And in sports olympic boss thomas back admits for the 1st time different scenarios are now being considered for this years games usa swimming has formally asked for the Tokyo Olympics to be delayed by 12 months. The coronavirus pandemic has hit another grim milestone in the global terror death toll has now passed 11000 and in china where numbers have been dropping theyve actually seen a jump in imported cases up to 269 which is sparking fears of maybe a 2nd wave of in fact. Just as china starts to recover from the initial outbreak lets go around the world now the pandemic has governments imposing stricter unprecedented measures for example the u. S. Government closing its borders with mexico and canada for all nonessential travel is re
Coronavirus. Coping with the pandemic how to protect your Mental Health well practicing social distancing. The koran a virus pandemic has hit another grim milestone with the global death toll now passing 11000 in china where the numbers have been dropping they have seen a jump in imported cases to 269 but sparking fears of a 2nd wave of infections just as the country recovers from the initial outbreak the pandemic has governments worldwide imposing stricter unprecedented measures the u. S. Government has now closed its borders with mexico and canada for all nonessential travel italy recorded 627 deaths on friday the biggest day to day increase italy and spain are also. Were going to stem new infections despite drastic lock downs now the u. K. Has joined the ordering the closure of cafes pubs and gyms in Asia Thailand reported more than 809. 00 new cases the biggest daily jump in the number of infections so far taking its total to 411 singapore has recorded its 1st 2 deaths from the vir