Philips beats expectations in the Third Quarter, sending shares higher in early trade this as the dutch Health Tech Company also backs its outlook. The world needs more Productive Health technology, find new ways to connect patients to doctors, overcome the pandemic and philips is very well placed for the coming years to benefit from that. And chinas gdp rises 4. 9 in the Third Quarter as strong growth in retail sales and Industrial Production support the economys rebound. But the data slightly misses expectations so, there are three parts if i can put it more sub sectors and ideas, one, whats going on politically and economically and on a corporate front this week promises a lot of information on all of the above. Maybe not conclusive information. As the u. S. Elections. Such as brexit were getting to a very key crunch moment as well. Because lets face it, weve got around 15 days until americans have their vote, theyre already voting in droves by the way in the u. S. Election. Not muc
Week with temperatures coming down. We do have a mild week ahead. One thing ill be watching will be the high fire danger especially in our north bay hills. It does start late tonight but a couple other chances of some dry offshore winds. Well talk more about that in the forecast coming up in a few minutes. Mike, how is it looking now for the morning drive . Its looking as you would expect, 5 01 right now, a very easy monday start. Well look at the bay bridge toll plaza. We talk about the clouds around our shot here. Chp says on the other side, the eastbound side off the lower deck it will get foggy from time to time. Watch that coming in out of the Treasure Island tunnel. No problem for the traffic flow. Hitting to the westbound 80 direction into San Francisco. Well talk about what im concerned with in oakland coming up. Thanks, mike. Now to decision 2020 and an important deadline. Today is your last day in california to register online for the upcoming election and get a ballot in the
Uch more going on in this hour, chair yellen will join us. I will ask about the speculation of her taking a position within the biden administration. Yes, we will talk about Climate Change and the Nobel Laureates process. I want to go to the equity markets right now, and ben laidler talking about a multiple. Is this morning the beginning of a melt up . Jonathan not for me to call that. The habit talk around the happy talk around more stimulus, maybe. This market just wants to go higher. Market participants find a narrative to tell us why is going higher. Three months ago, a blue wave was bearish. Three months forward, a blue wave potentially is now bullish. I think that is this i think that is just the mood of market because of its right now. Tom what is so important then is to see the china gdp statistic today. 4. X percent is 4. X percent. Jonathan we have been talking about the Global Economy as one complete entity. There is so much divergence right now. The chinese economy is reall
This is ferro at his worst. [laughter] his cruelest. Thering mr. Betts into conversation this early, we say good morning on Bloomberg Radio in boston. The red sox, worst in the american league. And we move on from there. 15 days until the election. Schenker earlier, is there going to be a debate thursday night . Is that still up in the air . Jonathan we understand there will be a debate thursday night, but who knows . Thats the problem for this market. My question coming into this week is basically how much of the mediumterm outlook hinges on what happens in the next two weeks. How many of our Market Participants have come on this program and actually believe that . Tom we have two people could talking melt up. Ben laidler at our hudson and Chris Verrone at tower hudson, and Chris Verrone. He is looking at the number of stocks above their 200 Day Moving Average and other smoke and mirrors to really get him a bullish cast. You wonder if it is the markets expecting out into next year. Jo
Happening. Coming up new details on the surge of evictions in one Bay Area Community as the third hour of today in the bay continues right now. Good monday morning to you. Thanks so much for joining us. Im laura garcia. And im marcus washington. Mike is keeping track of the commute. First i want to start out with meteorologist kari hall with a look at the forecast, something to smile about this morning, kari. Were going to have great weather, a little cooler than weve seen recently as well as a mild week ahead. Now one thing im watching will be the high fire danger as the strong offshore wind develops during several times this week, the first event starts tonight. Well talk more about that as well as our temperatures in the forecast coming up in a few minutes. Mike, as folks get ready to head out the door how is it looking for the drive . It looks like some of the folks may have already headed out the door early and eager for the monday morning. Eager to get to the bay bridge toll plaz