And fed chair janet yellen said caution and rising rates is warranted raising rates, i should say and take a look at the riskon moves. Biotech and small caps seeing huge gains on the day so with free money seemingly now forever, what do you do with your portfolio now. Tim, why dont you kick it off. Mere mortals dont mess with Central Banks, thats the message and what janet yellen said not only are we worried about whats going on around the world we might be worried about u. S. Corporate profits, good idea and were worried about that as well and when you get down to it the pressure that comes off the dollar, brian has an interesting chart later hon in the show and things that were sold off on the back of a strong dollar, and i would argue that started back in july of 2014. They are things that can continue to rally, but, im not someone thats saying you should chase into this rally right here. In fact, i think weve had a 14 run off the floor on the s p. Not advocating jumping in and buyi
At times early this morning. Taking a look. Winter weather advisory still in effect north and west of 95. Closer to the coastline, it has been canceled. I expect some slowgoing still to the north and to the west of the city of boston. Atkinson, New Hampshire, four and a half inches of snow. Fitchburg, 2. 8. You get the theme here. Mass. New hampshire border, three to four inches of snow. Danvers coming in at. Two boston, just you should an inch of snow. These numbers is where we stay. I dont expect to add much additional snow to the forecast here. What you see is what you get for some snow and sleet accumulation. The let is across northern massachusetts up into southern New Hampshire. We take a look at current temperatures. East wind off the warm ocean waters. That will do it in the city of boston. Look at this. 26 degrees in lawrence. 21 in portsmouth, New Hampshire. There is a lot of lowlevel very dense cold air just to the north of us. Some of this is draining back right now toward
28 in waltham. Now down to 29 in dedham and its cold. Merrimack valley mid 20s northern Worcester County watching temperatures drop south of the city of boston. Were down to 34 foxboro and 38 degrees in randolph so well continue to see the numbers south of the city drop. Spots. Temperatures average the upper 20s tomorrow. A couple of showers tomorrow night and the surf features quiet sevenday forecast features quiet but seasonable weather. Nick you are at the site of a wreck. Reporter thats right. Were just taking a look at a utility pole that is done. Behind this police car that is a mini van that went into the pole. The pole is laying across the road. This is not a situation where there are live wires or anything, but if you look just below the police car, you can see that shine on were getting temperatures of about 23 degrees where we are. So obviously some icy conditions on these secondary, residential roads. So you want to be careful on any of these roads now theyre starting to fr
We do have the Winter Weather advisory in effect for the areas shaded in purple. Still in the city of boston until about 1 00. It will be a little bit later this afternoon, worcester hills and Southern New Hampshire for a mixture of snow, sleet, freezing rain leading to the poor travel. Temperatures boston safely above 32. Were at 36. Plymouth at 36. But over here worcester hills, merrimack valley, this is where the cold air is stuck. And its going to be stuck for a couple more hours. And so the challenge is getting that rain to take over from the sleet and the freezing rain. And again sleet, those little ball bearings of ice, if you will, make that sound like ping, ping, ping, ping. Thats the sleet going on. And then freezing rain, its cloud. But then the surface of the earth is below 32. And so it freezes on contact. Thats the concern. Thats real treacherous when you have the freezing rain. Sleet changing over to rain right now around the metro. Rain on the south shore, as well as mu
A lot of it breaking overnight but let us start with that commuter train inferno. Passengers describing moments of pure terror after it hit an suv on the tracks and exploded into a fireball. Whats left of the first car of that train still sitting on the tracks this morning. Abcs lana zak is there. Lana, good morning. Reporter good morning, reena and tank. As you can see behind me rescue teams are still working and at this very moment they are pulling those remaining dead bodies from the train and notifying next of kin this is the worst accident in metro north history. The scene here was so terrible the paramedics were in disbelief. What i know is the train was on fire as well. Thats when i realized this was probably the worst tragedy. Reporter north of new york city more than 600 passengers making their way home when their train smashed into a Jeep Cherokee stuck on the tracks. Screaming, yelling, it was just total panic. Reporter the flames engulfed the vehicle from behind. The eerie