Strengthened antiMoney Laundering levels. Rising virus cases across europe as the u. K. Government says it cannot rule out a second lock down and the white house grants tiktok another week to seal a deal with oracle and walmart as President Trump gives them his blessing but says they must create a 5 billion u. S. Education fund. It will be a Brand New Company and it will have nothing to do with any outside land, any outside country. It will have nothing to do with china. It will be totally secured well, a very warm welcome, everybody. Lets kick off with a look at markets. It was a brutal start to trade you have the dax trading down more than 2 the ftse underperforming down by 2. 5 and the cac 40 coming under massive selling pressure and a couple of sectors baring the brunt of the hit amid concerns around rising case numbers and further lockdowns across europe and the u. K. In particular and then the Banking Sector taking a hard hit down more than 4 and a couple of banks in focus but th
It is showing how much power these businesses have to move the index in one direction or another, outweighing technology. As we look at the valuations 2000, the big underperformer today, relative to the median forward valuation on the s p 500, the ratio looks ugly, we are back down to the lowest we have been. I dont know if that is the denominator of the s p 500 continuing to decline. It could be both of those. It has been a downward trajectory, and we have yet to see it. Calls forwe have got questions to be asked of our guests as well. You are a growth investor. There are queries from viewers whether this can be sustained. We have been talking about the heady heights and valuations. You think the nasdaq 100 may have hit a wall here, or can it pull higher . I think we can continue to go higher for no reason at all other than sentiment. As a fundamentally biased investors, you believe you need to have some cyclical rally that comes through for most of these sectors to come to fruition.
San jose, 72 yesterday, 74 today. Right now mid 50s towards concord and fairfield. 46 in lake port. There is a high building it for the weekend. That will bring in a warming trend. Highs today, 60s and 70s, close to where they should be for this time of year. Time for sal with the traffic. Good morning. Route now traffic is doing pretty well. No major issues. You can see the traffic is looking good on the san mateo bridge, you can see traffic is looking good heading across the span with no major issues. Lets go back to the headlines. A new report this morning shows that there are more than 5 million confirmed coronavirus cases world wide. Also 328,000 people have died including 3500 people here in california. Another report from the la times shows that the number of think covid19 cases in california is going down. The number of people hospitalized statewide is down 15 compared to six weeks ago. Still fear is growing about the possibility of a second wave of coronavirus cases as states
Coming and support. Reporter years ago. I will always welcome in the assessment and analysis that brings clarity and speed to resolve this issue. Test kits will be flown out to the ship the order of governor i should mention tomorrow the gavin newsom. Ousted police chief along with councilmember noel and also former police chief howard they will test all of the passengers and crew on the ship jordan will be holding a news for coronavirus before they make a decision on when it can conference specifically ab come back to land. This evening the grand innd searchinfor the man who princess cruise ship and thousands of passengers are being held off the california robbed the cvs pharmacy on coast. The ship docking back at the middlefield road on sunday. Port of san francisco. That ship is now being video shows a man passing a delayed to provide ample note to an employee. Opportunity for the cbc police say he demanded partnership with coast guard prescription drugs and and with state health of
Crying. He said mom, its really, really bad. He said theyre saying that i killed a cop and then the phone just went dead. Whoa. It was really awful. I dont think ethan and i could stand for quite a long time after that. We both sat here on the floor in this room and just cried and cried and cried. How did this happen, they wondered . The parents were involved in both their childrens lives as they grew up in this San Francisco neighborhood a few blocks from the pacific ocean. We took family walks. We have sunday family dinners. We were very involved in sports, you know, pta at his middle school. Ethan coached soccer, helped to coach baseball. So we have been and are still very close. Their son fin went to rome on Summer Vacation after wrapping up his first year at san diego mesa college. He met with his old friend, gabriel natale. Gabe tried to buy cocaine but a pusher gave him italian tylenol instead. Offduty cops broke up the transaction. The Young Americans ran away, fin grabbing the