Welcome to you you and i were chatting about the new space spot that were going to talk about. How is that indicative to risk in this market. You have a spak, which people doing it as long as i have they know the history but its essentially a blank check to merge with a company thats going to take people to space. What does that have to do with the fed it has to do with the risk mentality of people out there. If the fed is going to drive rates down to the negative, people are going to go out and try to find Investment Opportunities and i think this is the perfect metaphor what we saw in the markets the facts were talking about stocks like chewy shows the mentality here of how people are thinking. Lots to discuss over the next hour welcome back. Great to be back. Wouldnt miss a pepsi earning day. Mike doesnt hear its an important company. The word he used is improper hp his words not mine Morgan Brennan has galactics plan to go public. Susan has details on a trade rift between President
Doesnt get his act together until 6 00 or 7 00. 30s, 40s and 50s for the temperatures. We have a break today. Heres the system for wednesday. That will take us through thursday and then he break for the weekend. That was fast. You do not allow me to check my online stocks. Did you get your shopping done . No. Actually it was fast but im ready. Lets do this. Solano county . Are you ready . Traffic is moving well if youre driving from vacaville, fairfield in vallejo. We dont have an east traffic yet. Traffic is usually starting to slow around here but that does not happen until the next hour. At the bay bridge toll plaza, we are light. So far, so good. Visibility is good in most places. We always watch when the sun comes up because things tend to change. Right now it looks good. Today, the Santa Clara County board of supervisors is discussing gel reforms including replacing the main jail entirely. A plan and build two years ago, for a seven story, 815 bed jail. Since then jail population
Yeah the average making new highs. Dow at the best number of year f nasdaq climbing 3 it lulls you into believing this mark cant possibly be hammered. Those are often the most dangerous of times what happens if north korea tests a missile and it did you know clear japan but land in it . How about if we get a return of president trumps old vie tilt of the white house the market keeping off i dont think we can discount any of these things or even something far from left field or even a cyber attack. The ceo somehow crazily remains at the helm after what maybe the worst data breach in history when it comes to our finances, we got to stay vigilant. Theres also something bad that can happen im saying the recent streak of positive is highly unusual, maybe as unusual as whats going on with the tribe in cleveland even as it makes plenty of sense in this lower inflation, we dont know how long that lack of negs can last. Heres what im urging you to. First dont get cocky. Second alone let third d
Grounds. U. S. Capitol Police Closed parts of independence avenue. This morning, a large tree branch fell, hitting a Maintenance Worker at the capitol. Matt mcclana han was uncon shuns when help arrived. They gave him cpr and rushed him to the hospital where he died. Thats awful. Im sorry to hear that, prayers to his family, condolences. Reporter tours were detoured while police investigated. The architect of the capitol issued a statement this afternoon, saying that a large branch from an american elm fell and struck Matt Mcclanahan who was working nearby on an irrigation pipe. Crews remained on the scene for hours to remove the tree from the roadway and sidewalk. So many hours later, six hours after this tragic accident occurred, ind still closed on the south side of the u. S. Capitol, where the House Office Buildings are, and ahead at 5 00, how the Capitol Hill Community is remembering matthew mcclanahan. Back to you. Horrible accident, thank you very much, chris. We also have break
Hours. The inspectors raided the companys headquarters and three Branch Offices on monday. They found evidence that some employees put in far more overtime hours than dentsu and a labor union agreed to. Ministry officials will decide whether to extend the case to prosecutors. Japans top Government Spokesperson wont comment on the raid but says the government wants to do more to solve the problem. We will try to improve working conditions so no precious lives are lost due to overwork. We will try to promote reforms including the problem of excessive overtime and ensuring equal pay for equal work. The investigation began last month after a 4yearold killed herself due to overwork. Theyre fully cooperating with the probe. The Labor Ministry earlier this year certified that a 30yearold dentsu employee killed him himself due to over work. Dentsu president has pledged to rebuild the company. He made the promise at a speech to employees monday afternoon. He cited the need to review work loads