World how good I am hello agaIn and welcome. He Its tIme to break down the bIg storIes wIth some smart people. Today, were askIng as Kamala HarrIs pushes for another Debate And Donald trump says, no, Is he smart to stay away from a second Facetoface Showdown . Ben poIson pIll, republIcans pushIng to fund the government wIth one major addItIon that democrats say Is a solutIon In search of a problem and no soup for you the bIg change comIng to a 155yearold can classIc The Panel Is here and ready to go so sIt back, relax, and lets talk about votIng Is offIcIally underway In the electIon wIth the fIrst Absentee Ballots already maIled out and alabama and early votIng Is set to begIn In several other states In the next few days. Now, were theIr bIg debate behInd them. Both candIdates are In the next phase of the campaIgn lookIng for new ways Kamala HarrIs, mockIng Donald Trumps lack of specIfIcs on replacIng obamacare as she looks to buIld on her BaIt Momentum at 12 or 13yearold survIvor of
Famine market ive ever seen either the world is ending or everything is going to be just fine. House of pleasure no middle ground. Problem is, thats a terrible way to invest. Have to try to keep a level head, not too negative, not too positive thats how you handle days like today where the average is up and down, big before covering, not only gaining 158 points. S p climbing. 83 . The nasdaq jumping 1. 43 down so horribly, wow, let me break it down for you. This morning at 4 00 a. M. This market looks horrendous. Down a thousand points why . Nobody really knows. We heard it was because of covid spikes and outbreak in china i was watching the tape and it was all about the same, the big declines in royal caribbean, norwegian cruise, carnival, apache, united, continental, southwest, kohls, everything got crushed last week, everything that always trades before the market opens. Why dont we call them unusual suspects thats the new playbook for all the novice investors who crowded into the m
Is this the beginning of the beginning of the end have we finally found a way to contain the pandemic today we got some very encouraging data from gilead on remdesivir, their powerful antiviral drug which helps people recover from severe cases of covid19 a lot faster were talking in and out of the hospital 11 days instead of 15 with the placebo a strong reduction in mortality rate thats been up for debate. May not sound huge, but results were so compelling that the doctors had to stop the Clinical Trial. It just wasnt ethical to keep giving people the placebo when they knew remdesivir could help, and that is bingo. Now look, ive been telling you an effective treatment for covid could be a game changer, saying it over and over again i said it would probably be remdesivir sure enough the market screamed high in response, surging 532 points s p 2. 6 nasdaq leaping an astounding 3. 75 . Hallelujah. With much of the country preparing to reopen for business buy, buy, buy the big worry is com
Faster. A billion dollar plan could bring Homeless People to state owned property near you. Its part of a large new goal by Governor Newsome. Good evening, im dan ashley. And im kristen sze. Homelessness is something we have been focused on on abc 7. And Governor Newsom signed an executive order that looks to build more shelters on state owned land. David louie is live at one proposed site in san jose. David. Kristen and dan, about 100 sites have been identified at the governors request, including this State Office Building in downtown san jose. Its located not far from where a lot of homeless already are out on the street. The governors plan has received some positive reaction, although there are some who wonder what the true impact could be. The latest census says more than 10,000 people are homeless in san jose, and share county. These are the homeless the governor hopes to house in temporary facilities using surplus state land. The Office Building on 2nd street in downtown san jose
Great to have you with us ahead of the Labor Day Weekend the final trading day of august, another volatile one, between gains and losses, the dow had been higher earlier in the session, but right now we are just barely higher by 14 points, s p and nasdaq has turned negative this is the second losing month of 2019. Investors got more defensive, utilities, real estate, consumer staples, the only sect aro finances down 5 , energy down eight. So the question going into september is do you stick with what is working . And implicit in that question is, do you remain defensive going into what has historically been a very tough month for the markets . It has been a tough month you look at it and say its probably going to be volume tiff were going to see more responses on trade from china. What im doing is, yeah, probably more defensive in my style, which is to look for Companies Generating good cash flows. How do do i know theyre returning it to me dividends, maybe theyre increasing dividends,