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KRON KRON July 3, 2024

Summer, which is kind of normal for us this time of year. What we got out there in the east bay is nice. Clearing skies. We started the day with a lot of cloud cover and this location, the east bay hills. But youve really cleared out now, brett . What our first spot up to 70 degrees on your temperature map. The rest of us in the 50s and 60s right now winds are nice and calm across the bay area and we are looking at skies. Nice and clear. So solid start just a little on the cool side later on today, we are going to warm up further than yesterday. Highs in the 70s to even low 80s. And its just the start of even warmer weather just around the corner. Ive got that your full forecast back to you. Thanks a lot of his 10. 0, 1, and our top story. 75,000 Kaiser Health care employees are ready to go on strike. They are the labor contract with the Health Company expired over the weekend ....

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KRON KRON July 3, 2024

Youre watching kron. Noon. Thank you for joining us here on kron. 4 news at noon. Im happy to be with you. Im Justine Waldman and we will start with the 75,000 Kaiser Health care workers and the employees who are getting ready to go on strike their labor contract with kaiser expired over the weekend kron fours Michael Thomas in walnut creek with the latest. Were just about 2 days away from c one of the largest healthcare strikes in u. S. History and locations just like this. Kaiser in walnut creek could be affected, causing patients to be delayed in multiple ways. In total, theres almost 75,000 healthcare workers set to strike nationwide in this threeday strike could start as soon as october 4th, which is this coming wednesday. It includes workers in washington, colorado, oregon, and almost 60,000 here in california with ....

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CNBC Mad July 3, 2024

What a hideous session, lease for the bulls. What does it mean . It is gigantic. Bigger than the stock market when you lose interest, this is what you do. I like to be clinical. Why dont we do that. Samples of ample motivation for their actions. They have gone exceedingly well for Interest Rates. Much higher. Can earn 4. 25 riskfree. That is much better then it was a year ago. The yields are going higher for three reasons. First, the fed has not been able to fully get inflation under control and they have not done much for the economy. Meaning they have every incentive to keep it. Where are the layoffs . Where is the housing . Not yet says mr. Powell. Second, over the last to years, the federal government authorized colossal massive spending that needs to be financed with massive bond issues. And they dont care what kind of price they get for bonds. They have to pay the bills. There, the
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CNBC Squawk July 3, 2024

The last week or two. Lets talk about what minneapolis fed president Neel Kashkari has been saying because he was speaking at the Wharton School of business kashkari saying if the economy is stronger than we realized on the margin, then that tells me rates would have to go a little bit heiigher and held higher to cool things off. We will talk to him about that directly he will join us live in the 8 00 hour he sounded more hawkish. He is sounding hawkish, but maybe we got to be hawkish given how strong things seem how they seem who knows . And Jpmorgan Chase ceo speaking to cnbc in india overnight. Here is what he said about the economy and fed policy so, if you have higher for longer and good growth and inflation is contained, thats good you have more fighting for capital and payment for capital. The world needs it for th ....

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CNBC Squawk July 3, 2024

The u. S. Rating. No surprise there. History in the making President Biden would become the first sitting president to visit a piblt line hes planning to join strikers as those workers of the big three hit 12 days of walking out on their jobs. Lets begin with the markets on track for a lower open on this tuesday jim, youve been watching yields, of course. You commented this morning about the 20year in particular. Yeah. I think weave been going toward ive been saying this to club members a lets just say the opposite of an inverted yield curve t inverted is what im calling it youve got 4. 8, a 5. 3. What i think can happen is on the 20year you can usually get 6. Lets say Neel Kashkari is right, one hike. Then you have no more inverted yield curve. The problem is that when i go over stocks, locking in a 4. 8 is considered to be really pretty terrific. Its not bad. Its not bad. 4 ....

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