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Were peppy boys. Three down weeks in a row for stocks. It looks like weget out of the gate in a positive way. Dow would open higher by 133. The s p is good for 21. Still early with the nasdaq which has been beaten up is up 89. Bond yields here come after declines of 2 last week for each of the major averages. Treasury yields spis part of th story. 10year treasury eased off last week, but still at 4. 29. Steve. The upper end of the range recently. 4. 30. Some people telling me 4. 50 is not out of the question. A lighter touch from the China Central bank. Lowered the oneyear prime rate by ten points. Economists expected 15point cut. The economists expected a 15basis point rate cut to the fiveyear prime rate. Major indices in china were down across the board. Palo alto here for liesmaniacs want to talk about the fed. Palo alto. You must have been talking about this. It is odd they did the release on the summer friday in the afternoon. ....
Around the islands and right here in the bay area. It is saturday, august 12. We will get to the latest happening in maui. Right now, lets get a check of the weather. Heres lisa argen. Pretty nice. We will have the microclimate. Wide range of temperatures from the 60s at the coast, fog dissipating through the laughter afternoon. A new development will aid in that, pressure offshore bringing a breeze through the afternoon. As we check out live doppler 7, still looking at fog from the golden gate northward, into the east bay. Temperatures are already pretty mild, mid and upper 60s from the peninsula to the south bay. San francisco still gray at 59. Mount tam with a deck of low clouds in the low 60s in the north bay. 68 by the delta. 67 in concord. North winds, upper elevations will aid. Quick warm up in the inland valleys. We will go mostly sunny, clouds at the coast, high clouds. 90s allowing for five degrees of warming away from the bay. Developing news. The fire at an old historic the ....
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