We stock with the rally on the eve of the vote tomorrow every seconder finishing in the green. The rally after the market hand in the worst week since march. So what does todays Market Action tell us about tomorrows big vote guy, what do you say hi, mel you like my election haircut. I see. Really took it down. Really tight, nice. High and tight. Interesting. Whats it tell you today, i think a lot of people squaring up ahead of the election the vix suggests theres still a lot of concern the six vix at one point traded up to 37. 5 obviously elevated last week saw huge move from 24 to 40. It absolutely mirrors of the move of june 8 to june 11 when it went from 20 to 40 and sms went from 32. To 50 in a Straight Line so the moves are identical, i think if theres a concession speech tomorrow morning this mix of 38 probably has 28 handle theres no concession speech i think the 38 vix remains thats the way im looking at the world right now. Lets be clear, concession speech by either candidate
Rigorous outdoor workout were still very poor to pour across the bay area. We do have the return of a little narrow moderates lot up in a maroon county this morning though little signs of hope as we work our way through this forecast light winds across the bay this morning, nothing enough to be sweeping out the remaining haze across the bay just yet. But we are seeing improvements gradually in the days ahead of us 50s and 60s for current temperatures, a cool start to yet another hazy morning. Go ahead and step outside with a light jacket on hopefully for no more than just a few minutes as for temperatures later today, youll notice a little bit warmer and a little bit brighter than yesterday was with highs in the 70s and 80s for most of our beside and inland areas. Darya and james. Thanks a lot john lets get to our big story this morning more businesses are going to be allowed to reopen indoors. Sorry not indoors yet outdoors in Contra Costa County and this of course comes as the bay ar
Positive for the corona virus concerns of a Public Health crisis arising with the whereabouts of more than 30 migrants with coded 19 im known to answer is there. You can see over my Left Shoulder the fire is still burning well rather its burning again because the fire that had been lips that destroyed the main morea camp was post house on wednesday morning but now with the high winds whipping up in the evening more fires have been lit theyve been spreading rapidly as weve been watching for the last 2 hours throughout the hillsides covered in pines and 200 year old all of the groves that surround the camp and where many people had made their homes in tents under the canopy of the trees. Trials for one of the most promising coronavirus vaccines have been suspended testing of the vaccine developed by scientists at the university of oxford and the u. K. Based drug astra zeneca was poor after a participant fell ill the company says the whole hold is routine and the cause of the illness in a
A man being repeatedly shot by offices with a taser stun gun javier odone as died shortly afterwards police say the lawyer had broken coronavirus show social distancing roles asunder m. P. s he is in bogota. Thousands of people are out on the streets for a 2nd night here in the capital as you can see behind me we are in front of one of the many Neighborhoods Police stations in bogota and many of them were burned to the ground last night the protesters have been hurling rocks at the police at this station throwing molotov cocktails at this Police Station to try and light it on fire this is just one of the 15 different demonstrations that have been called for this 2nd night of protests and riots that were sparked by the killing on part of the police about 43 year old a lawyer that was out on the streets drinking with some friends in violation of coronavirus restrictions the situation is quite tense here at the it could get quite more animated any moment now. And that were going to have t
Or rather, which is worse than expected. We had expectations of 0. 1 . Rishaad exactly and thats currently where we have industrial production. Coming inese are pretty much bang in line with what we were expecting. The retail sales and only showing this contraction for july. Lets get over to bank of chief chinarities economist. Headlines pretty much what we were expecting, but tell me, what sort of picture is it painting for you . That atlly, i would say first glance, this set of numbers does not look extremely encouraging. For several, industrial output ip we would have thought it would be somewhere around this in belowt still coming 5 implies that the momentum of continued industrial recovery seems to be moderating. I think that is number one that i got out of the data. Number two, if you think at investment, thats roughly in line, but we need to look at the breakdown for example properties versus infrastructure to know what is going on. More importantly, retail sales i think to a la