The congressional hispanic caucus, has said there is a lack of latinos in the incoming cabinet, if confirmed this air will face the daunting task of leading the department during a pandemic that has killed more than 281,000 people has disproportionately affected people of color. Our other big story this sunday night more than 30 million californians now facing stay at home orders and less than 2 hours at 10 00pm. Those orders will go into effect for 3 bay area counties that San Francisco contra costa and santa clara. The order is very similar to the lockdown that many of us all the way back in march. Those counties now taking an earlier approach to governor newsoms order that requires counties to go into lockdown when icu bed capacity has dropped below 15 . Right now icu bed capacity here in the bay area, no hovering around 24 . Number of Health Leaders across the bay area say right now they dont want to take any chances. Thats why theyre doing this early. Stay at home orders will also
Health director doctor grant colfax says that San Francisco will run out of icu beds in the coming weeks. Right now icu bed capacity here in the bay area is around 24 . A number of Health Leaders across the bay area say they dont want to take any chances. So stay at home orders will also go into effect tonight for people who live in the San Joaquin Valley and Southern California because those regions have already fallen below the 15 icu bed capacity in less than an hour the stay at home order will go into effect for 3 bay area counties. Those are San Francisco contra costa and santa clara. Today, restaurants and hair salons and east bay took advantage of a last minute rush of customers before they are forced to shut down. Kron fours dan thorn talked with some of those businesses and some of the customers he is joining us live now from walnut creek good evening. Dan. Well johnson and justine has you mentioned this is the unfortunate reality that these businesses are going to have to dea
Off last weekends trade talks with beijing as the u. S. State Department Asks colleges and universities to divest from chinese stocks. Tinsley merkel rules out loosening of virus measures. Europes biggest economy recorded the biggest increasing cases and newly four months. It has just gone 6 00 in london. 7 00 in frankfurt. 9 00 in the difc. Warm welcome to the show. Good morning to you. , i love the bank of america report. It looks as if the birds have capitulated. Positionede who have from bear market rally, that was from 47 last month down to 35 . Good morning. Annmarie good morning. Or a bear market rally . Some people are thinking this has legs. This s p 500 fresh record, they finally got there. So much emphasis has been on the retail investors. One investor said, its like 1999. People just left their jobs to go to a trade a trade. 1999, i was in bonds and commodities. I was not dancing to baby one more time. Have a look at your markets. I will not sing it. Good morning. Annmarie
Tweet earlier in the hour does suggest that you think these retailers are prepping us for numbers that are going to be tough to replicate. Yeah, i think that they have to, carl they all know that america was flush from the 1,200 check and they also know there is a lot of stay at home people trying to make their homes into an office and a home, and that thats largely passed now, that doesnt mean that you shouldnt buy these stocks because that money went to these essential retailers and now theyre stronger than ever, but i know that if you are if you are at walmart it does not pay to say this is going to continue same thing with home depot i say you wait, let them come down and recognize that these are just so good that you want to be in them. Particularly, say, if a lowes comes down, thats kind of attractive, they report tomorrow look, these are remarkable companies, but they are also given as remarkable companies are to humility and to a respect to the individual investor they dont wan
What could detail the stocks the s p advanced and the nasdaq climbed 1. 24 . What would make us want to dump the red hot stocks that have been leading us higher i dont see this rally collapsing under its own weight, which is what happened the last time we had an explosive tech rally in 2000. We got ahead of ourselves but the Actual Technology wasnt there yet. We laugh at the. Com casualtiecs the truth is they are ahead of the time it could have been chewy i want to take on the hateful 1999 analogy, remember when it was shot up in 2000. I want to take it on directly. You have to understand why its misleading and constantly brought up and why it makes sense to do so because there are surface level parallels but not that much otherwise. Back then we had two markets, the s p 500 and the go go nasdaq which is a little like today only one of those markets was real the s p. Thats a major difference this time around. Im more confident in todays Tech Companies even if the valuation seems stretc