Past month and copper, typically a leading indicator is down 9 that stock is down a whopping 32 hitting a fresh low. Is the commodity market sending a warning season and are we living in a slowgrowth reality. First i answer the question, welcome back youve been missed. Its good to be back. What was the question i know what the question was commodities move lower and is it a slowing growth absolutely it is if you say otherwise youre not paying attention and you go to u. S. Steel, you want to talk about steel stocks u. S. Steel in march of last year was a 45 stock headed to 50 easily before President Trump started all of this tariff talk. Rightly or wrongly, that stock and tim seymour said it the other day is trading like its going out of business and sub13 on an s p 500 thats basically around alltime highs and thats telling you something. The move in crude oil despite the noise around it is a significant move thats telling you something that Central Banks will think by lowering rates th
First performing down more than 3 the picking up steph after ppg warned of higher input costs moments ago. Proctor and gamble says its it feels a higher cost as well. Moments ago we found out that trian took a stake in ppg and sending the stock soaring by 6 . Is this a warning to the rest of the market that earnings season could be shaping up to be a season of pain well, season of pain might be a little extreme but its a warning pepsi said something a week and a half ago as well higher input costs inflation is here whether we realize it or not, whether the fed wants to acknowledge it or not, whether the market wants to acknowledge it owner i think higher input costs are a big deal now the off side of at a and see the Strong Economy can pass on the costs to the consumer. I dont know the answer. I will tell you, margins should go down. Earnings my be stretched its not this period im concerned about its the guidance going forward. We were talking to kramer on power lunch. I said this a ca
one of the cars down an embankment. jack is in northfield tonight where he spoke with shaken up passengers. the passengers who didn t need medical treatment were brought here to the campus of norwich university. they were picked up on coach buses and now on their way to continue their journeys and all have very harrowing stories to tell. jean thompson was on the amtrak vermonter and took these photos after it struck a rock slide in northfield, vermont, en route to washington, d.c. knocking passenger trains from the tracks. all the most abled body people adopted an older person and got them out. as governor i join vermonters in expressing my relief that nobody has died. reporter: seven of the 102 passengers and crew onboard needed to go to hospitals. one passenger was airlifted for abdominal injuries. we are hopeful that those who are receiving medical care right now will make speedy recoverries. reporter: he said this was not terrorism or some other kind of crime.
: kron 4 news at seven starts now. : thanks for started the day with kron4 morning news. , mr. andrews of this tuesday morning. we are picking up in the returns on radar. though it looks drive their plan will encounter some light rose and went to rose. by 8:00 expect a spotty drizzle. temperatures in the 50s with mostly dry conditions by 12 this afternoon. i have the full details on today s forecast for us on a highlighted when the rain returns coming up in just a few minutes. george: an early battle for the westbound a ride. here s a quick commute check as we look at transit with no delays for bart or caltran print and easy ride for a train. find any problems for me and it either. i have another traffic check coming up. : the search continues for three teenage boys or accused of attacking and sexually assaulting a transgendered team at school. police say it happened yesterday morning at hercules high school. kron4 s will tran is at the scene right now with details. : s
bit and the star on his beret. he looked like a revolutionary and his message seemed to be to somebody who just looked at the t-shirts and looked at somebody who was for the people, power for for the people if everyone remembers that expression from the 70s. fast-forward to 2010. kevin and i had become friends because we both worked at the associated press and kevin and i both have a love for military affairs and military stories and weep reported extensively on the military and had written a on the military. one day kevin said to me you know, there was a mission back in 1967 in which the green berets went to bolivia to train bolivians to go hunt che guevara and i said yeah and now okay, but who is che guevara again? is he relevant? i was being a little sarcastic, but he said no really why don t we just take a look at it and why do we do or due diligence to see what s been written about him and see what they did because over the years there have been so many rumors about