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Virus. That state senator steve glaser. He said we need to limit interactions to slow the spread of the coronavirus. The east bay lawmakers is the spread of the virus is out of control and that tougher rules are needed. Today the u. S. Passed 4 million cases of coronavirus. This comes just 15 days after we passed 3 million. Here in california the state report a second day of more than 12,000 new cases. Sadly, we set a new record with 157 more deaths in a single day. We have the call to action from state senator glaser. Reporter state senator glaser says he thinks that Governor Newsom allowed t...

Set to expire august the first. A new report from working partnerships usa and the Law Foundation of Silicon Valley predicts a looming crisis when that happens. We predict and eviction time bomb of 43,000 evictions which is 16 times the normal rate we see in a typical year. Reporter this, in Silicon Valley where rents are among the highest in the nation and when the moratoriums and tenants will be asked to pay back rent too. Most of these low income tenants that have been unable, they have been unable to pay rent, they are going to struggle immensely to pay hundreds of dollars additional each ...

Its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes one day old on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman powell warned of the lasting damage to the economy of this expectation. Even with the improve Economic News in may and june overall activity remains well below its level before the pan...

Plunged 32. 9 percent on an annual basis in the april through june quarter this is its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes when told on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman powell warned of the lasting damage to the economy of this expectation. Even with the improve Economic ...

And so much more, on making money. So folks as we end the week the big investment theme is the retreat and big growth names those mega tech stocks that have been on fire for a long time, profit taking was sparked by concerns over the quality of teslas earnings, of course it came from selling those tax credits and slower cloud growth microsoft, and the smooth sailing has run into an air pocket and now these pockets though, theyve been great entry points in the past and the question now is will history repeat itself. Joining me, ubs private Wealth Management senior portfolio manager, katarina si...