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From todays apple event we start with a major selloff in the financials the biggest driver in the market with the xlf falling more than 1. 3 citi dropping 7 today under pressure that regulators could crack down on the banks Risk Management systems the stock is now down more than 12 in the past two sessions guy . Dan nathan has been talking about this for a while one of the things weve said is todays banks are much different than ten years ago theyve become utilities you have to look at them differently and you have to factor in valuations much differently. Ill say this quickly about citi right now at 45 the stock is now trading 63 of tangible book, assuming that tangible book is accurate thats levels we last saw probably in the financial crisis these are trough valuations in terms of the price of tangible book i think Warren Buffett told you everything you need to know about ....
For most areas. We have thunderstorms on sunday morning a few of them yesterday too that moisture plume that bought us brought us that rain and thunderstorm activity is further out west Still Holding on to that potential to our north right across the very northern part of the state. But today youll notice that the bay area little drier, the whole lot calmer than what we had been seeing, but still just as hot. Concord in antioch at one 06 for your highs livermore morgan hill portions of the north bay like napa and santa rosa well into the triple digits. 80s return for oakland in nevado more details and the rest of your forecast all still ahead back to you darya. Thanks a lot john lets get back to the big news which are the wildfires, 4 of them burning in the east bay and in the north bay. Likely all sparked by lightning, lets take a closer look at the map james. And i want to start in the east base we have the marsh fire thats that ....
For 175 years people have got to look at whats his given reason was given rise to this situation youve got to look at the. Crimes that we kill akes exposed the truth the wiki leaks spoken for example look at the. Video which came out in 2010 a video which went around the world and horrified people showing innocent civilians in iraq being gunned down that wouldnt have been seen by the world if it hadnt have been quickly simulate the wall logs in relation to iraq and afghanistan and similarly the treatment of people in Guantanamo Bay it is because if wiki leaks the world knows about these things because it wiki leaks the world to see the evidence of these things vitally important in a democracy the. Truth is known that we know what the powerful do in our name in the name of every citizen in this country so we need to speak up what we call it says dont need to depend defend press freedom we need to speak out against the extradition o ....
A look at how europeans are coping with more cities going under quarantine. Volatility has gripping the worlds major stock markets as the coronavirus pandemics and share values plummeting tokyos nikkei index closed on friday down by 6 percent recovering some of its earlier losses the same 2 for hong kongs market losing just one percent there now all that follows wall streets biggest drop on thursday which was the worst since the crash of 1987 theres another concern in the u. S. To a delay in testing for the virus a Top Health Official says the Current Situation is failing but that more testing kits will be available in the coming week in europe schools across much of the continent have been closed for towns in spain have gone into lockdown and the country is really. Economic Protection Measures lets take a l ....