Maria big show this morning, joining the conversation fox business Dagen Mcdowell, the host of the secrets of wealthy women podcast veronica is here and entrepreneur kevin oleary. Do you want to take money to the sidelines until a deal is done . I come to the conclusion the market wont care because whats really occurring here is we have back tax, valueadded tax on chinese goods and they have been absorbed quite efficiently in the u. S. Economy, every other g7 has a back tax, we have one just on china. I dont care if they continue to ratchet up the tariffs because i think its the right way to get a deal done. Maria youre in on this. People were expecting recession or some sort of recession in 2020, not hearing that nearly as much anymore. Maria absolutely. Whats predicated on that is theres a trade deal, we will see a pullback in market in 2020. Dagen market has told you that the Recession Risk has fallen because the yield curve is no longer inverted and the 10year yield on the treasury
Power shutoffs didnt have a huge impact on californias overall economy but says Small Businesses took big hits. Particular jen we could not. In the busy part of the season. The state does offer grants to help those shops in need to really need is pele to coming shop. This weekend. The state will begin sharing the voices of those Small Businesses all over social media. In sacramento, Ashley Zavala kron 4 news. A couple big winter storm. Saw on this thanksgiving weekend are affecting millions of americans from coast to coast winter storm watches warnings and advisories from one storm have impacted parts of every state out west from arizona up to monta and uh thats more than 20 Million People and that number could grow as the wicked weather heads east. Hundreds of flights have been canceled in dangerous Road Conditions left authorities responding to traffic accidents around the clock in southern california, heavy rains and flash flooding ould cause dangerous debris flows and mudslides nea
Checking some rain possibly moving into the northbay. The brunt of the system moves in friday afternoon, friday night. And rain for expectation you can see, not just a few hundred, the bay area in general, two inches of rain. That will be in the northbay. Hills will be to fort it just. A flush and the wind advisory not in place just yet. That will be the issue. You can have winds going up 15 miles per hour. Specially by friday night. This will be a snow. This will soon be a winter storm warning. Heres that watch, until 4 pm saturday, with rainfall potentially on the pick up the system in the fire burned zone. About a half inch to three quarters of an inch per hour and possible debris. Its picking up friday afternoon and into friday night. Satellite as you know, we have foggy start in a bit of a break, and this will be the intense rainfall today. Bite right now, we have a lot of clouds and some patchy fog. Looking out towards sfo, clouds and fog. Heres what happens, a quick run through
Morning and thank you for joining us here. Back to work monday after the Holiday Weekend december 2. I am pam cook. It is deafly wet and slippery on the roads right now. The paulsen is in his office with all the information about the rain did you hear what she said about the best time to buy a tree. December 3 but it is expensive. There are a lot of places that donate money that, a nonprofit for selling trees so if you are going to spend a lot of money on a treat at least give back. Some of the rainfall totals have been while well. This is the total since everything started. 6 1 2. Rushing river and vallejo, 1. 67 inch and oakland about one 3rd inch. San francisco at. 09. For some not much and for others it has been coming down. The low will march south in as it does we will take this moisture wrapping back around it will send in bands of often on rain. The heaviest by far down towards monterey. And also in the sierra. Winter storm warning until 6 00 in the snow levels have gone up. 50
Stories. We begin with ongoing protests in hong kong. President trump signed a bill backing protesters. This pump to china to threaten retaliation against the u. S. As it nears a phase one trade deal. The chinese spokesman saying u. S. Stopsuggest the sticking obstinately to its course or china will take resolute countermeasures. Where does this leave them in that phase one trade deal . Reporter it is very interesting because for several days, weve had the chutneys threatening nonspecific countermeasures, but there havent really got into any detail. The most weve had is the suggestion they might put a ban on those who drafted the bill from entering china or hong kong, which is a pretty lowkey response. The fact that we had several days of this without any suggestions without any specifics suggests beijing is grappling with how to handle this. It is clear the u. S. Once a trade deal done very soon. The chinese want a trade deal done as soon as possible. They dont want to bring in tensio