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The dow did go down. The nasdaq went down 4 or 5 . I spent the better part of this year studying the pandemic i was right. You know what we just cover . The professionals are not the only covid that matters. We have a Massive Group of investors who become professionals. They dont care about the same thing as the experts theyre the ones who were the marginal buyers and sellers. The investors have changed the entire character of the market what made you not be able to sleep at night it was very little belief in stocks for the past 20 years, the convention says stocks could no longer be trusted. They continue to lose their values way too quickly when something goes wrong on top of that, the convention only a fool to try to pick individual stocks. You may as well stop trying to beat the mark and put some of your money in an index fund and invest safely in bonds the last eight months, that convention has been stood on its head by a new ....
And a good morning to you on this wednesday for you. Im marcus washington. And im laura garcia. Usually you have a name for it. Wind down wednesday. But thats after 5 00, of course, 5 00 p. M. There you go. Right now its not even 5 00 a. M. 4 31 right now. Well check in with mike in just a bit. First kari with a look at the forecast. Good morning. Were hoping that these winds will wind down for today. Now weve had a lot of these red flag warnings and a lot of concerns here as we go into the next couple of days we are going to see the last day of some high heat as we will have two red flag warnings in effect as our temperatures today will reach into the upper 80s. Well talk more about this coming up in a few minutes. Mike, how is it looking for the Early Morning commute . Overall the big picture looks like you would expect, lots of green sensors, even mostly out of the Altamont Pass ....
It is hip to be square used to be at least. Lets check out u. S. Equity futures. Things are relatively flat and that isa good thing. A bit of a difference after the big swings weve seen. Right now dow futures up about 3, s p 500 up about 2, nasdaq up by 13. Of course this is after a done day for the m down day for the markets yesterday. Treasury yields are something to start paying attention to because we did see a pickup in treasury yields to the highest levels weve seen since june the ten year is yielding 0. 813 . And i know it doesnt seem like a lot, but it is the highest level weve seen in a while and there is so much that rides on that including mortgage pricing which has been a key part of what has been happening in the housing sector, a strong point in the economy so far. Lets get over to washington. Well talk about id call it a soap opera, but really it is a reality show and means a lot to so many millions before nancy pelosi says she is now optimistic that democrats may be abl ....
Maria this as millions of americans are in need of aid which may not come until september now, at the earliest. Vice President Joe Biden calling for a nationwide mask mandate as President Trump fires back. More on that plus new fox new polls out this morning. White house brokered historic peace deal coming together in what President Trump is calling a huge breakthrough. The u. S. Has seized iranian fuel cargo at sea. Take a look at futures in the red. Dow futures indicating decline of 130 points nasdaq down 12 and s p 500 currently by 10 points after slight losses yesterday, dow, nasdaq and s p 500 on track for a winning week despite decline yesterday. Nasdaq was up 30 and s p lower by 6 points. Fortnite battle royale. People evacuated from Los Angeles County ....
Figures plus. The conductor who used his time in isolation to achieve what he calls his greatest artistic success. And im just a bit of the only sport nascar bans the Confederate Flag from all its events following the protests over the death of childe floyd. So then the World Health Organization has warned that cave in 1000. 00 infections are accelerating in parts of africa raising concerns about how developing nations will cope with the pandemic w. H. O. Says 75 percent of the continents 200000 confirmed cases had been recorded in 10 countries a quarter of those are in south africa with the western cape region including cape. The hardest hit the u. N. Agency says a lack of testing kits remains a big problem right across africa lets get more now from ahmed addresses in the 90 s. Capital. How bad is the situation across the continent of africa. Right so its a real ....