Center for Global Security analysis and our wonderful partners, the museum of American Finance and the society of new york whose cosponsoring todays conversation. One of the goals of the centennial series is to shine the light on the importance history plays in shaping the future. In the latest book black women in u. S. Finance before the new deal, she explores a period of financial innovation and its Transformative Impact on u. S. Capitalism. Todays session will take place in three parts. First, my colleague and friend, president and ceo of the museum of American Finance and we will introduce doctor garrett scott. Then she will discuss her book banking on freedom. Following this discussion, david and i will facilitate audience questions. We ask that you type your questions in the q and a section near the bottom of the screen. I am also excited to share that as a participant of todays webinar, you will be entered into a raffle to win a free copy of the book banking on freedom. Winners
It looks like into the weekend. This is the biggest fog bank in recent memory. A big surge on the low cloud deck. That tells you we are in a stratis cool pattern. 60s and 70s and 80s inland. Onshore breeze for just about everybody from the Golden Gate Bridge all the way out to the delta. Thats a big fog bank. Temperatures near average. It is 7 01 a. M. Are we okay out there . We had an earlier accident at ashby avenue. There was a crash in berkeley at ashby. We can see traffic will be slow here. A 30 minute delay about 10 minutes more than usual. The accident has been cleared. You can definitely tell it is causing a delay. People did not show up at the same rate. They were stuck behind the backup. As a result it is lighter. This might actually get a little bit busier as the morning wears on. We will see what happens in the next hour. Lets get back to the headlines. Lets get you updated on breaking news out of San Francisco. A power outage is affecting about 4000 customers in the lower
Looking at a life picture of the openest ware with San Francisco in the background and its a foggy day for many people to start. Although steve says its going to burn off later and well have sun and breezy conditions later on. By the way, the top floor of the eiffel tower has reopened for the First Time Since operation since closing in march due to the pandemic. A max of 250 people will be allowed to visit the top floor at one time. They will have to wear masks and follow social distancing guidelines t. First two floors of the eiffel tower reopened late last month following the monuments longest closure in history. Some things are reopening and closing down. Lets join the crew here mike filling in for gasia, its claw dean how are you . Hi, how are you . Gosh i dont feel like im going anywhere any time soon but i love the eiffel tower and ive been there once. I would love the day when we can go back and try to plan a trip like that. A loft americans right now, were not allowed in europe
After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package it just seems like the federal government is doing the best in their economy. S p indicated up by 41 and the nasdaq indicated up by 73. Looks like this morning, the 10year is yielding 7. 43 . Watching this stuff how it played out yesterday was kind of phenomenal i couldnt believe what we were watching at the close. It was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. It was down. I dont like mondays anyway. Then i saw 400 and bas
Stage. It is going to be another hot day across the bay area. We will tell you which cities might get triple digits as we are just a week away from the first day of fall. From ktvu x2 news, this is mornings on 2. Fall weather feels like it is 100 years away. It is friday, september 13th. I am gasia mikaelian, and i am dave clark. This is one of those weekends we talk about. Maybe we should invest. You will not say that on sunday. And so you never do. Just wait 48 hours and it will start trickledown. That includes you over there, allie. She gets mad when it is over 75. Kan says, okay, mr. Steve, order our natural ac. Vincent said this air in the city this morning deftly has a different, more industrial smell to it. Offshore flow. 66 in San Francisco officially. 65 in the berkeley lab. 72 in rkeley 68 and forecast either way above average. San francisco is 93. That is not a record. Livermore is 101. The only place on the panel at least coming up would be santa rosa as a possibility for a