And their currency is under siege. Our problem is a Federal Reserve too proud to admit their mistake of acting too fast and tightening too much and that i was right. They must cut rates bigger and faster and stop the ridiculous quantitative tightening now. Which gets us to the markets this morning, jim. We have been talking about negative rates, they only continued to worsen. It is a strange phenomenon to be sure but it is also a worrisome cycle people believe because you have negative rates that auger for weaker Economic Growth or a lack of growth you have what are it becomes selfreinforcing you have the global coordinated monetary easing going on right now. And you have the first time people talk you about the possibility of rates here falling dramatically from where they are now have you ever seen a ten year whipsawed as much in yield in the half hour period as we did this morning almost as if someone wants to get ahead of even lower yields there is a big short position in bonds. Th
And fresh protests on the streets of hong kong. I wrote a book recently theres a good mobilized tens of thousands of demonstrators this time to make their point to shoppers arriving from Mainland China. Welcome to the program we start with the womens world cup in france where the United States have successfully defended the title after beating the netherlands to net for gold as 1st half the u. S. Were awarded a penalty on the hour mark after a video review of this foul on Alex Morgan Magen repeat no stepped up to score that. The tournaments top score not long after roosevelt fads in to secure her sides victory its the 4th time. The 2. For some reaction now join but im going to use sports. Did the best team win here yes i think youd probably be fairly hard pressed to find somebody to disagree with back inclusion the usa were on top right from the start of the game they really controlled possession if they werent creating too many chances in the 1st half they were still dominant. But it
Looking on the dryer side of things when it comes to chances of rain. Sunday not the same forecast for us, still going to be hot but also humidity up and we are looking at that late day chance of thunderstorms for your sunday. That will start from west stretching to the east as we move into the evening as that line of storms rolls on through. And then in your extended forecast were looking at temperatures finally dropping. Remember, we just hit that longest heat wave so far this year, that was eight days that came to a close at the end of your workweek. Today we will be right back at it with some of us looking at 90s later on. Right now we are at 73 in philadelphia, in the pennsylvania suburbs about 70 degrees, 69 in parts of new jersey, Lehigh Valley in the mid 60s and upper 60s for us in delaware. You can see as the sun is now coming out looking at a nice scene to kick off your morning. As we move into the afternoon there are your temperatures, 90s the forecast in philadelphia today,
This saturday. Lets start with our weather because we have had some changes, big changes, over the past week. Meteorologist krystal klei has been following all of them for us. Krystal. So we saw that long stretch of temperatures in the 90s and finally that broke the end of your workweek. Today, though, looking like we will be right around it again. Yesterday we hit a high of 90, today the forecast high 90 in philadelphia. Right now were sitting at 74 degrees, mount holly 68 currently, mid 60s allentown, 70 wilmington. Our temperatures mostly into parts of new jersey the upper 60s and low 70s at this point as well. Those temperatures going to be cranking right up into the upper 80s by later today. On your radar and satellite not a lot going on for us yet. Now, this weekend we do have the possibility of storms, that comes late day sunday. Today should mostly see sun, a few mixes of clouds into the afternoon, maybe an isolated shower into parts of new jersey although not liking at the lik
Principal for four years after serving another leadership roles at westminster high and adam city high debolt as in a second year at greeley west before that he was principal at Franklin Middle School in the same district good people, i mean, i dont interact with them that much i stay away from the office i guessed but now both are on administrative leave and under investigation after being escorted off School Property monday morning is a little shocking theyre both pretty good people as far as i know in a statement to fox 31 a district spokesman said district six administrators are looking into allegations of irregularities in the administration of parent surveys the investigation does not involve any outside agencies ignored to the allegations impact of the safety of students with the School Community parent surveys are short questionnaires the district sends home each year to gauge how schools are doing simple yes or no questions like my Childs School is saved the staff is from an h