North for a while and maybe by the weekend something was begin 50 around sacramento and lake tahoe is at 34 and everything is staying north right now with temperatures in the 60s for most temperatures which are slightly below average but ever so much closer, maybe by thursday. And now lets get over to Sal Castaneda. Good morning, i want to mention that as the days where on weve had our share of serious crashes but right now looking at pretty clear roads but chp is asking you keep speeds down but weve had a little bit of a problem in the bay area the past three days where people have been speeding and a lot of officers have cited people and they want us to remind you to keep speeds down and drive safely because you will be cited if caught and now back to you dave. We are hearing reports that if you live in the bay area expect the shelter in place order to continue for at least the next month. Health officials are expected to announce the current order will stay in effect until may 1. Kt
Warning against seating Telecom Infrastructure to china. We get reaction to that. And tesla turned our heads this week. Look back at some of the biggest stories in tech. To our top story, u. S. Equities headed into the Holiday Weekend on a positive note after the release of steady figures for retail cells and with investors continuing to weigh contrasting data from china on the spread of the coronavirus. The s p 500 closed at record high after swinging between small gains and losses in fridays session. To discuss todays Market Performance and technology we are joined by laura kane of ubs. To kick us off, i want to take a look i am showing from my terminal. As you know, the trade of 2019 was u. S. Versus the rest of the world. I was speaking with david kelly, the global cio of jp morgan Asset Management who was trying to make the case for over waiting International Equities. Are you still trying to overweight International Equities or do you think it is u. S. Versus the rest of the worl
[ applause ] i want to help you make some money. Are you ready . [ applause ] they secure our skies with a commitment to the shared ideals that bind us as americans. Now mad money takes flight to help give them the tools to secure their financial future. A place where the sky was never the limit. Where falcons fly. This is life at a different altitude we are here to celebrate those who fly, fight, win. From the United States air force academy, mile high, mad money begins now lets fly [ applause ] this year were getting a head start on veterans day the United States air force academy in Colorado Springs. We salute the brave men and women in the armed forces who protect our country. These people right here will go on to be natural leaders with a passion for keeping our nation safe and passion is a terrific thing. I met people who have a passion for jirumping out of airplanes. I declined we thank them for all they do. Now passion comes in all shapes and size ssizes. Cra americans know abo
Index, measures the strength of manufacturing slips to the lowest level since 2009, everybodys going to freak out theyre worried about a recession. Which is why the dow lost 304 points, s p 5001. 23 and the nasdaq dropped 1. 13 that was last week now this market was due for this beatdown but i also told you that i dont believe were headed into recession. Im standing by that position. But the recession thesis became more compelling today and you need to get your head around it if you want to understand this market so let me lay it all out for you. One place. The single biggest problem behind the recession thesis is the president s trade policy but maybe not the way you think. Trumps towers and chinese exports have done realdamage t the chinese economy. Second largest in the world. As china falters, it is taking the rest of the trading partners with it, especially europe, throwing worries about brexit along with a lack of fiscal stimulus from germany and you have a worldwide slowdown goi
Scott rock sproat joins me for more. Scott suggests that the writers feel is starting to win. Its argument with the ceos and not in the entertainment community, not least on the actor to, of course are also currently on strikes that has a lot of pressure on the studios to find a solution and, and to, to go see, leaving happening today with the studios i dont expect to see a solution such a key element of this negotiation key element of the demands up in the writers on a show, and then it gets rerun on a Table Service or somewhere else. You get a check and pay upfront a bowl some and will not here is it goes or thinking because it will, theyll pay that much weight and their box offices down the traditional cost of the, the Television Revenues that theyre getting arent. But this issue a visual is really key for the writers because they say, if we give on this point, were essentially going to be taking on all the risk and have none of the upside. And scott rock, bro, thank you very much.