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Familiar, that is because you have been asked to vote on Something Like this before, rent control is back on the ballot. This year, in the form of prop 21. Proposition 21 gives cities the ability to expand rent control, it would apply to housing more than 15 years old, it could also be applied to Single Family homes or condos if the owner has more than two per properties. Proposition 21 is a referendum on costa hawkins, 1995 law that drastically limit each states ability to enact rent control. Voters have the option to make changes to this back in 2018, with proposition 10. But that did not pass. This is a president ial year, right . We know the electorate will be several million voters larger than it was in 2018, it will be a more representative sample of the state of california. Reporter this is the campaign director, he says it will be different this time. And that covid is ....
Dow and s p, you know if they keep going at a pace like this they will be at a record pretty soon here. Well be monitoring that. Monitoring true to our name, coast to coast, what is going on around in our fabulous country including in florida where cases are heating up and i mean really heating up. Were in atlanta where the cdc is reporting when it comes to the young, more of the cases are going up for them as well. And in texas, where joe bidens poll numbers are going up and up. One has him in the lead, in the lead in texas. Then, back to washington, d. C. , where the, shall we say dr. Fauci aint all that rhetoric is heating up as well. So weve got a busy couple hours ahead my friend. I hope you had a wonderful weekend. Get latest numbers and stats out of the cdc for that we go to Jonathan Serrie in atlanta. Reporter florida released latest numbers, 12,624 of new cases overnight. Only time that was higher, what they reported on ....
Of the pandemic. Well talk to mayor of miami about what his city is doing to get back to business in these very tricky times. Power lunch begins right now bob has more on the markets today. Bob. Were grappling with that right now, four to one advancing to declining stocks. The market continuing to believe the primary thing affecting them is the rope ieopening the market believes its going well you heard about the president s tweet. Is that heetsing up. There are people questioning over the weekend any need for more fiscal stimulus saying we sit back and see what happens at this point thats an issue. Three of the four, an issue over the weekend. The russell 2000, small cap. Were seeing banks, retailers doing well were seeing transports doing well today those are airlines this is all the roping stoe ing and the market believing that is koptsing. Most markets are at the highest level since early the first or the second week of march were not seeing dramatic break outs its the same old nam ....