Some warmer weather for the weekend, at least away from the coast. Lets take a look at the cloud cover on live doppler 7, you can see it is not nearly as extensive as it was yesterday and the day before. And it is dry out there, no need to worry about drizzle or mist today. Temperatures are the constant, even with cloud cover varying, were still in the mid to upper 50s at 7 00. Hard to break free of the 50s at the coast while we hit 71 to 75 at noon with more sunshine. But then we barely warm this afternoon, 73 to 78. And back into the 50s and 60s as we head to 7 00. So if you are getting takeout or heading out, grab a coat. At the live desk, a new abc news poll shows across the board americans are still apprehensive about participating in a variety of activities baucecause of the coronavirus pandemic. 54 say that they would eat at a restaurant, 51 say that they would stay at a hotel, and 78 say that they would go to work. However only 27 of americans are willing to go to a bar, 22 a s
Economic update so professor the market has just kind of shrugged off this entire conflict between iran and the u. S. Its now hitting all time highs and essentially concluding that honor has been served in the middle east and everyone can move along now what do you think is this really over or is merely a teaser and the other shoe just hasnt dropped yet. You know its a complicated story on the one hand the markets are right of course this was see it or it was see it or on new years to assassinate a foreign general when he is leave it in his own country a person who has that an adversary for a long a person carrying a diplomatic passport which means you can give his car a ticket let alone kill him a very bizarre action and the world looks at this as a kind of roll Good Behavior which is the truth everywhere except in the media. Year on the other hand the iranians having to look like theyre doing something in response send missiles that dont get to the target theyre ostensibly aimed at s
Lower yet again. Nasdaq is coming off its first backtoback losses in three weeks. Nasdaq would open lower by 20. Dow down by 50 and the s p by about 5. 5. And the latest s p caseshiller report is out, showing 3. 3 gain in home prices during october compared to one year ago our road map starts with the decade long bull run stocks on track for their best year since 2013. Markets poised for a lower open on this final trading day of 2019 plus, uber and postmates sue california the ride hailing giant and Delivery Firm are trying to block a law that would require them to treat gig workers as employees. The ousted head of Nissan Renault fleeing to lebanon carlos ghosn saying he was escaping what he called a rigged Japanese Justice system. As we head into the final trading session of 2019, the dow up 22 year to date. The s p 500 with a 28. 5 gain and the nasdaq outperforming both indices jumping by almost 35 . Oh what a year its been i guess maybe were going to go out with a little bit of a wh
A board on the ground to catch us up on the floor of the shield and just how far a i have were filled to the brim with some very important stories so lets dive right in. Following irans missile strike on the bases in iraq that house u. S. And u. K. Troops markets initially dropped while oil spite but quickly retraced back to even as details emerged the pentagon later confirmed that iran launch more than a dozen missiles against u. S. Military forces in iraq but so far there were no reports of casualties the attack did not target any Oil Infrastructure which was a major point of concern for Global Markets in fact the nasdaq rallied to new record highs wednesday following the attack as it was highly asian was less than feared while crude oil retreated down 2 percent President Trump addressed the spikes wednesday morning in washington our Great American forces are prepared for anything iran appears to be standing down. Which is a good thing for all parties concerned and a very good thing
Did not target any Oil Infrastructure which was a major point of concern for Global Markets in fact the nasdaq rallied to new record highs wednesday following the attack as a was highly asian was less than feared while crude oil retreated down 2 percent President Trump addressed the spikes wednesday morning in washington our Great American forces are prepared for anything iran appears to be standing down which is a good thing for all parties concerned and a very good thing for the world as we continue to evaluate options in response to a rain in aggression the United States will immediately impose additional punishing economic sanctions on the iranian regime. Investors are relieved and many analysts interpret the strike as iran lashing out but not for escalating the situation tensions are likely to continue but Current Base Case scenario does not assume a broader military conflict so while the market has bounced back and the vix is low indicating that fear has subsided has the entire t