Francisco is honoring our service men and women today. From the areas local news station, youre watching the kron. 4 morning news at 7. Good morning. Thank you so much for being here and joining us here on the kron 4 morning news. Im stephanie lin. Its saturday. May the 25th. Lets get your day started with a look at the weather with dave sphar i good morning, stephanie. Good morning, everybody. And starting things off. It looks like were back tracking into spring even though were in unofficial start of summer can take us a while to start really feeling like that yet again. But for today, we do have that fog cloudiness right around the immediate bay and its snuck into some of the valleys inland to now, thats should on balance mix out for most locations will be a little stubborn at the coast. And thats a stubborn right now, as you can see, the east bay shoreline. But this will probably parse away long before leave you today. Heres a look at our satellite picture in most of the major traf
mornings with maria begins right now. going back to miami. . going back to my girl. going back to my girl. maria: some of the stories we are watching this morning, the coronavirus, the numbers are staggering right now. the death toll nearing 400 people dead, more than 17,000 sick across the world. confirmed cases now in 24 countries across the world. we have the very latest. in the united states, in there are 11 cases confirmed in five states. the majority hof of them in california. 11 u.s. airports accepting flights from china, up from seven last week. patients are being treated at a new 1,000 bed hospital in china. crews are building crews built the new hospital in just 10 days. another 1500 bed facility is set to open this upcoming week. meanwhile, police in london this morning say that a stabbing in the city yesterday was terror related. authorities say the 20-year-old suspect had just been let out of people for islamic related crimes. he was shot dead by police
indicator that gives it an indication of where stocks are valuation wise historically price earnings ratio is also one looked at price to book is another one to look at what i mean by medievalism and i think we re heading into this is that the metrics that are used to measure stock valuations are meaningless in the 21st century when you have 0 percent interest rates effectively and you have unlimited credit available to what under theodore roosevelt in american history would have been called monopolies but continue well of course i would say that the fed are like in medieval times they re supposedly the ones that have all the knowledge they have a special book that nobody else can read there s no printing press there s no ability to read and understand and sit in a room and read this knowledge and share it allegedly but there what they re doing to what they see is wrong is money printing which is the equivalent of putting a leech on somebody s head. or drilling a hole in it a
something that we do see continuing all these bubbles around the world on interventions from the fed the fed keeps on intervening as we ve been talking about since september october of 2019 in the repo markets it s expanding it s expanding you know what else is expanding because everybody is looking at and waiting for a market crash and they ve been of course waiting for this market crash to happen for the past few years and never comes it never comes but here s an interesting indicator and this is one that i know that you were involved with with karma bank a long time ago 1718 years ago and that was the price to sales ratio because this is an interesting one to look at the price to sales ratio in the s. and p. $500.00 which is currently $2.00 is the highest in bloomberg data history going back to $990.00 stock price as a multiple of sales rights of coca-cola does a dollar in sale in the stocks of $5.00 for any of 5 time sales right so it s an indicator that gives you an indi
committing acts of genocide. and its sustainability has a catwalk moment is it just a passing craze or will consumer demand be able to drive some real change. hello welcome to the program our top story the chinese city of one han is in lockdown the government is attempting to stop the spread of the deadly coronavirus that public transport in the city of 11000000 people is close and outgoing flights suspended so far 17 people have been killed by the virus with hundreds of millions of chinese expected to travel for new year s celebrations at the weekend that alfie is of rapid contagion world health organization meanwhile is split over whether or not they should declare a global health emergency will have more on that in a moment but 1st adrian brown is in hong kong. at 1st china s government warned people against traveling to hand the epicenter of the virus now a day later it s gone a step further and banned all travel to and from the city 11000000 people are effectively living