Part to some financials like capital one, comerica, synchrony, discover, and wells its self up 7. 5 all session. Up sevenfargo itself point 5 all session. After the initial jobless claims data, a little move in treasuries, now at 61 basis points. Stimulus stems the effect of the covid19 crime is might be infamous, according to mike mayo. He writes in the shortterm, that the potential for wave after wave of support for the economy and unemployed workers. That plus an outlook on banks, which he says show a [inaudible] right now. Lets welcome mike mayo, wells fargo senior analyst. You talk about contradictions in banking right now, one of them being the present versus the past. What do you mean by that . , banks are treated as if it is 2008 in the middle of the Global Financial crisis. Night and day difference for the banks. We do see a contradiction. Today, banks have double the. Mount of equity over 50 more liquidity. They have gotten out of the most risky activities. It has oversight b
Nearly half of u. S. Consumers are returning a holiday gift this week. Find out why retailers are competing to make returns easier. But we begin this morning with a look at todays eye opener, your world in 90 seconds. Were here at the scene of an unspeakable tragedy. This will rank as one of the worst losses of life to a fire in many, many years. A deadly fire stuns new york city. 12 people have died. Were shocked by this loss. I hate it. I hate it. Millions are bundling up to ring in the new year in bonechilling temperatures that are gripping wuch of the upper great lakes and the northeast. Its going get worse. In an interview President Trump tells the New York Times he thinks bob mueller will be fair and believes there was no collusion. Security is being boosted around the world on new eve. Doug jones has won the special election for the u. S. Senate. Theres a one in a billion mathematical chance that was not a fraud. Apple has admitted to cutting down connection to the iphone and wi
Secretary of state. S mitt romney meeting thehe president elect again today butb experts say he could be the lash person to get it. Et i well tell you why. And later, why d. C. Could. U soon be the place to be for neww parents. Nt good day at 9a starts now. . . Lots to get to today. S thanks for being with us for good dc on this tuesday morningi november 2 holly and wisdom. Lly ansdom the question of the day, real or fake . Everyone has got a goa preference and its not what w youre thinking much this morning were sharing the prosho and cons of course were talkini about Christmas Trees in caseasa the picture didnt give thehe away. Allison seymour joining us livei a little later on what might bee right for you and your wallet. First though lets talk about the weather. Th not a good day to be outside. Si trying to pick a tree. Tre [ laughter ] thats why . T one of the many reasons. Rso were getting much neededee november rain close out the oute month, but on the plus sidelus s were also t
Armed robber that held up a valet at burn steakhouse last night before 10 30. This is the not first time. This is the third valet driver robbed on the job in may. Crystal, i heard you reached out to a victim. Any luck . Reporter yeah, we spoke to the very first victim. Josh wra didnt want to give his last name due to safety concerns, but hes now a former me. He felt burns didnt do enough to protect drivers after he was robbed. Six months have passed, but the fear remains. It changes your perception of people and situations. Reporter joshua worked four years as a valet for burns steakhouse. In may he was robbed. Me and told me to give him all my money. He handed over 200, and the man said to turn around and run. I thought he would shoot me as i was running. Reporter he mate it out alife, but his sense of security on the job was gone. Joshua quit. The restaurant installed lights around the alley, but four weeks later another valet was mugged in the same location. Fast forward to sunday n
Stay with us. Well get out there in a couple minutes. It is tuesday, december 2nd im pam cook. You had a rough time driving in. It was rough. A lot of rain. Be prepared. Steve is here with your forecast. This is is no joke. This is a good one. Weve had some rain for other areas. North and south for the last coulden of days. The east bay is saying where is the rain . This will give rain wide spread. Mendocino county all the way down to monterey. We will start north. Nothing too heavy yet. It looks like its picking up in lake port. Had reports of greg and healdsburg coming down. Nobody is going to escape a wet commute this morning. Also 680 eastbound picking up rain and very moderate rain moving on shore. San mateo coast around pacifica to san mateo. 280 looks like a mess. And even over highway 27 sup moving on shore. Santa cruz over los gatos. So 50s on the temps. The breeze has picked up for some. Kind of a foggy, wet very tough morning commute for some here. Just be advised winter sto