Or 1800743cnbc. Today our hospitals are packed with covid patients. This milestone seems damn right crazy. After another trip of the dow surged 455 points and s p jumped 1. 6 i am telling you that this surge to 30,000, dont look at it that way. How do we explain this region of the bull market. Ten reasons why this thing work. Not only it will holdup overtime, you got to know it first, the results, results wont be overturned. There was a slim chance hell be able to beat biden in the courts or if not the polls but he could not pull it off. At the end of the day there was just not any fraud when the president lost in pennsylvania, it is up second, vaccine. We got one vaccine of 95 efficacy from pfizer the second one is similar. Then astra seneca. 100 million doses to the United States by years end if they get the delivery right which they probably will. You have to hope it will go to First Responders and Nursing Homes and you get it at the pharmaceutical locations trust scientists and tha
Today. Temperatures are close to 80s near 90 degrees. Any change for the weekend . 18 a bit, i will have that in 10 minutes or so. Lets see if theres anything new on the screen. Good morning, im glad you did not go for a limerick. Okay. Lets go look at the commute on the westbound bay bridge. It is light. I can show it to you. Traffic is moving along just fine. Moving into San Francisco, there is no major problems. Traffic on interstate 880 looks good in both directions, and oakland. It is 5 01 am. Lets go back to the headlines. We start with the breaking news this hour, the Supreme Court has approved a second federal education, the order that blocks the execution of Wesley Purkey scheduled for last night was removed. A claim that purkey has dementia needs to be evaluated, the Justice Department appealed the ruling to the Supreme Court, which voted 54 to uphold the execution. He was convicted of killing a 16yearold girl, and an 80 yearold woman. Daniel lewis was executed and the First
Sunnydale, san jose, fremont, all upper 50s. A look. Woodside is at 58. At the pacific, that is as far ammann is at 59 degrees. Los altos, warmer than los altos hills. You dont see that all the time. As the eye can see. 60s, 70s, 80s, close to seasonal averages. A little bit below for some, about brothers. It is on the mild side for lets see if theres anything new out there. We need your undivided some. 59 and sacramento. Attention. 77, that is sweater weather. Low clouds and fog, we are starting to get hot. It gets warmer in line. For the coast and bay, 60s90s. We have nothing that is brandnew. I am looking around to see if i see anything that is unusual here. I do not. You can see the short freeway, frannie i i will show it to you now. Traffic is moving along well heading out to the macarthur from ktvu, this is mornings on fox 2. Clearly, it is that time of year. To the middle of next week, until then, daytoday changes lets take your life to the for early next week. All right, no ros
Dedicated Police Officers. These Police Officers they get injured they dont complain theyre incredible and injure thousands upon thousands of people only day here the radical fake say what a beautiful rally it was. Eric home is a political analyst he says its unlikely that trump will escape the controversy of the rally unscathed. I think what the president is dealing with right now is the perfect storm the president is still reeling from a covert 19 outbreak that is only getting worse and even though the numbers tonight simply were not what the president expected there is still a concern a deep worry that those many thousands of people that are in that stadium tonight not only could be carriers but also could spread this virus throughout the country and that is something that the president is going to have to confront in addition to that as we look at all of the demonstrations over the last 25 days that occur and you see the just the enormous crowds many are going to look at this presi
It is a very special session. We have you covered. All that, so much more on making money. Charles so the unknown Economic Impact continues of the coronavirus continues to weigh on the market. Again this as investors attempt to factor in how impactful the Federal Reserves emergency decision to cut rates by 50 basis points this morning will actually be. As the 10year yield fallen below 1 for first time ever. President trump addresses Central Bank Decision to lower rates a little while ago. Take a listen. We have to be competitive with other countries. When were paying two points more than germany, were paying more than other countries, we should pay less than everybody else. Of the fed rate is too high. Simple. It is too high. It puts us at competitive disadvantage, especially exporting our product to other countries. The other countries love that i dont like it at all. I would like to see our fed lead instead of being led. Charles joining me bellpointe chief Market Strategist david nel