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Impact of the latest planned outage. It now says about 4,200 customers in four bay area counties are expected to have their power cut due to the high fire danger over the next couple of days, beginning at 8 00 tonight. Solano county has been removed from the list altogether. But you know, between the past shutoffs and this looming outage thats coming homeowners in napa county are really reaching the breaking point. Abc 7 News ReporterCornell Barnard has that story. Im not even a whining type, but its gotten to the point where theres nothing else to do but complain. Reporter we found bill fletcher filling up a gas can. Its fuel for a generator. To power his east napa county home. Fletcher just got this alert. His power would likely be shut off. Its not the first time hes been impacted by a psps, or as bill calls it psbs. Thats what i think of. Reporter this napa valley mini m ....
He will be having a press conference detailing a little bit more on that capitalgains tax cut he continued in a radio interview. Also maybe a follow up on that shooting outside of the white house yesterday. It was pretty scary to watch. A lot of folks not knowing what was going on at the time. We do know what is going on in chicago and we do know it is not right. Right now the unrest continues. Fears of more unrest today. They have drawn up the bridges around chicago to limit where protesters can gather. Good luck with that. A number of College Football conferences, that can buy the bullet today and decide there will be no fall College Football season. Can you imagine that . Already some very big conferences at least have members contemplating just that. The quarterback of the clemson team does anyone bounce this off of us . I would like to play football, guys. The presid ....
Neil. Well, you said it when you set this up at the top. The conversation here on the floor has surpassed this notion of correction which the markets have gone straight through, but now traders are talking about bear market territory. That would be a 20 decline from alltime highs. Theyre saying they hope it doesnt happen, they hope maybe a bottom is set here today. The problem is theres just so much uncertainty, and we dont know where this whole situation is going to go. You know, the comparison has been made to the financial crisis, but there was an orderly process, right, between the government and the banks that stepped in to try to work on things. There was some uncertainty, but people were working on it. With this, were not sure how bad it can get, and thats whats spooking investors. Now, the s p 500 entering correction territory, it only took six days to get there. That is pretty staggering. The last high that we saw was on february 19th. Its been the worst trading week since tha ....
The biggest global coordinated effort since 2018 to save the Global Economy from the coronavirus. Were seeing it react pretty dramatically in the Commodity Prices right now. Look at the dow, were back up 766 points. Crude is up over 5 . Gold got smashed last week on margin calls, it is coming up 30 inhouse. That is pretty incredible run after a big blowout last week. The reason theyre buying gold, if all Central Banks start easing policy, gold might be a safe haven play t wasnt a safe haven play when we were worried about global recession but those odds seem to be going down as Global Central Bank starts to take action. Interestingly enough, last week commodities really got crushed. Grain prices, cattle prices, food prices across the globe, worried that people ....