Page 42 - Lending Program News Today

Maybe tofu will make an appearance. There you go. I do believe santa rosa, Sonoma County airport, you have set a record low. The temperature is 32 degrees now 31, excuse me. And the record is 33 set in 2012. Livermore 36. San jose 37. Frost advisory is out for 20s and 30s and that goes until 9 00 this morning. I would not be surprised if they issued another one tomorrow. You can see all the 30s. Take your pick. 30s and upper 20s. So its a very cold morning. Even vallejo is at 39. There is a puff...

The moves in europe have been tremendous. A 58 basis point move upwards for the 10 year in italy. Moves. Re huge a big selloff in the bond market is not going to make the equity markets happy. You have limit down at one point for s p futures. The dollar keeps performing higher and higher. At some point, that is going to wind up crimping the Global Economy as well. To wrap it all into a neat bow, you have crude, the bottom falling out for that market. Goldman says they see brent coming to 20. Tim...

How citizen soldiers from the National Guard are helping to combat the coronavirus. But first, heres todays eye opener, your world in 90 seconds. Every day when i go to work, i feel like a sheep going to slaughter. Confirmed coronavirus cases now top 1 million worldwide. I know you have seen the slope in the United States versus the slope in italy. And we have to change that slope. Certain areas of michigan, detroit, looked like it was doing pretty good and then all of a sudden, it went up. The ...

Steve, youre talking about how cold its going to get for us here in the bay area. The third day is even easier. This morning, a record low of 33 in 2012 and the city at 44 and Oakland Airport at 42. Theyve got to get to 41 to tie a record. The coldest temps to the north but its cold everywhere. Frost advisory till 9 00 and critical minimums and heelsburg 29 and lot of 32nd and napa and American Canyon and the rain will be confined along the san mateo coast otherwise sunny to mostly sunny and cou...

You are watching cnbc. Lets get right to the markets and look at how your money is setting up today. The dow would be implied just about flat that is a weakening there. Margining declines in the s p and nasdaq a bit of volatility returning to the market now up more than 20 since the march 23 low just more than two weeks ago at this point. Take a look at the bond market we are seeing a little bit of a bid on that side of things pushing things to that side. Just a hair below 25 basis points or. 25...

10 am. With that welcome to the 9th. I am mike mibach and studio, both Gasia Mikaelian and Sal Castaneda working from home again as we practice social distancing here at ktvu fox 2 news. I did something last night i didnt think would have an impact on me but it kind of did, i grabbed my cell phone and i started scrolling through old pictures. Not even old, a month or 2 ago, looking at the smiles of my children have, adventures and day trips on the weekends. Welcome back to the 9 and i said to my...

Just about 1. 5 for everything nasdaq not quite add bad russell is down. You see the russell is down 3 really taking it on the chin this week. Steve, i think its constructive on a friday and maybe we should make it a consistent thing at this point given whats gone on in the markets to take stock of where you think we are today and how we should look forward to the week ahead. Friday has been a risk off day. Doesnt look like today is any different than others. I think actually the market is tradi...

Plus and russia signaled they want to try to cut output to help restore some balance going on at least on the supplyside of things. So crude of course having a pretty good start to the second quarter. I do want to flip up the board and fold it over into some analysis we heard from muhammad el 5 arian between the risks of the high yield market and investment bond market. He said beware of fallen angels. Theres a risk of some of these triple credits being downgraded to junk. One of the biggest ris...

Shrinks, but it doesnt set the u. K. Up for a good spot Going Forward. We are seeing the relationship between fiscal and Monetary Policy really evolve the u. K. We will break that down over the next few hours. You are seeing bond markets bid across the board, as we are koff develop. We want to kick it off with Michael Mckee. Theld central bank mike,entral banks if i say mmt, am i wrong . Anyway. Yeah, [laughter] its confusing, though, what is going on with the economic philosophy called mmt. Yes...

Crisis. He is in charge of 2. 3 trillion. Relief is on the way for millions of americans meanwhile and has a 2 trilliondollar coronavirus package is expected to help Small Businesses and individuals as soon as next week. It includes funding for public health, Small Businesses, Small Business loans, Unemployment Benefits and direct payment to americans. Steven mnunchin tells me that the new bank Lending Program will be ready by next friday. Chairman powell and i are speaking multiple times a day,...