Directly to what its supposed to. We pay the highest gas prices. Why pay senator. The roads and traffic is a mess. Reporter republicans arent so quick to agree on higher taxes and the governor needs twothirds vote in both houses to pass. What they propose is one of the largest gas tax increases in california history if not the largest and it hits and impacts hard working californians low and middle income families especially. Reporter the governor and other Democratic Leaders are ready to get this going. The governor has set april 6 as a date to get this voted on so well let you know. Liz . Juliette, will the money be going only towards the transportation package. Reporter well, they made it clear today that they have actually set a constitutional amendment that makes it clear that that money goes directly to that proposal. Thank you. If you cant beat em, join em . Pretty much what the city of San Francisco is saying about the annual 420 pot smokeout in Golden Gate Park. Kpix 5s phil m
Bit easier. Reporter phil highman was a black hawk helicopter pilot flying missions ail i was ryan the world. Now out of the military but still flying high again providing cover for fellow soldiers. Those all coming home who quickly learned that searching for a job in a civilian career can be as long and hard as finding bin laden. I think those that have been searching for while realize how difficult it is. Reporter with wars ending and veterans all returning home by the tens of thousands at the same time there are more vets needing more jobs. Once you have that flood of people you only higher so many veterans for one position. So it does get a little difficult when everyone is coming home at once. Reporter over the next five years theres going to be a couple hundred thousand members of the military each year transitioning out. All Michael Martinez could find out of uniform was a cashier job at baha fresh taking fast food orders and not taking home much money. Until a turn around after
S p back 7. 2 . At jim query, would you buy amazon here . My quick response, two very different questions, yes and no. Thats right. Yes, i would buy amazon. No, its not worth 400. Welcome to the world of bull market discipline. The discipline to buy stocks that arent cheap but are right. A discipline that will be tested in the next few days. At last because of todays last hour 7 selloff sell, sell, sell that shook people out of their complacency. Im talking about the rigger to recognize what the market actually wants, though, not necessarily what you want. The dichotomy says you would rather have a portfolio that is hated and making money than be bound by concerns that may not be as relevant as they should be. Lets start with amazon, which hit at an alltime high today, 399 before being repelled along with many other stocks by waves of afternoon selling. This weekend on the most watched news program in america i called it a terrific advertisement for amazon. It was incredible. A film ab
Is sometimes good news. A big week for ipos, more than Ten Companies set to go public, including king, maker of candy crush. How Many Companies expected to rally when they start trading. Apple in early talks with comcast about a new streaming television service. So the big question is this the apple tv weve all been waiting for . First up, s p hit new intraday highs on friday, ended up closing to the downside. Over the weekend, on cbs sunday morning jim cramer offered best advice on best ways to achieve Financial Independence and secure retirement. Take a listen. How do you go about managing your money . First, theres two different kinds of investing. And thats why you should have two different portfolios. Youve got your retirement portfolio, selfexplanatory, where you want to keep money in tax favored vehicle like a 401 k or individual retirement account. I. R. A. For short. Nice work. Fits what youve been saying about the market having two personalities, too. Exactly. The people, dis
Monday and mild upside in the markets this morning. Our road map with market highs, record close for the s p, futures pointing to that higher open. Caseshiller the data point today. How the sausage gets made, deals lost and launched. The latest, pilgrims pride unveils a 6. 4 billion offer for hillshire brands. And rosie the robot meet mac the computer. Apple set to unveil jetsonlike software for a smarter home. Your iphone coming soon as a Remote Control for your life. But first up, futures on the rise as each of the three major indices did enter the shortened trading week for the year. S p set to open at an intraday high closing above the 1900 level on friday as the u. S. Markets turned in their biggest weekly gain in over a month. After all the nashing of teeth this month, jim, dow and s p are on track for four straight months of gains. Were hanging on by a thread. Many people who came into this month thinking the earnings werent that good, a lot of fear built up, there were many siz