In california. Good evening everyone, im frank somerville. Im julie haener. For some, it is a second night in the dark as pg e tries to avoid setting any catastrophic fires from its equipment. We have the timetable to get the lights back on. Remake the utility is sticking to its forecast. Winds die by tomorrow morning, then day long inspections and repairs. And if no surprises, powerback sometime tomorrow evening. This is what we are going to be dealing with for the next over 24 hours. Reporter santa rosas Oakmont Retirement Community is in the heart of the power ou smiling while plopping. Figuri this Fire Prevention blackout wont be the last. We are supposed to have these 50 to 60 mile an hour winds this morning, they havent developed as of now. Reporter pg e says the wind did materialize at higher elevations. A 66 mileperhour gust recorded on mount st. Helena. What the heck is pg e doing . What have they done to help with the situation . Reporter the owner of oakmonts market sold 300
21. 5 Million People lost their jobs in april. Oil prices have also been higher last check of wti saw it just above 24. Thats a began of about 3 that link between oil and stock market futures has been strong too. It has been very, very strong it is interesting. It has been strong on the way up the question is was it strong on the way down it is interesting to think what has been driving what . It has been stuck here. It is up 11 the next morning it is 26 and then 23 again. At the end of the session, it seemed to go back. Weve been holding at 24 24, 25 that seems to be enough. These futures are up 250 points every morning. At the end of the day, weve given it back. We are up to 250 again are you kidding me, china, if we are being nice about trade, thats enough to send the markets up again we are back to that . At least it takes the threat off the table. If you start adding tariffs on, i wonder what happens. Earlier this week, all of this harsh rhetoric. We talked about it yesterday, wha
Welcomeon you. Thank you for coming down to tonights terrific program with Charles Schwab, in conversation with adam. We are appreciative to have you here. How many are you are members . Thank you very much but if you e e not a member of this is a great time to join. There are all kinds of traffic programs coming up in a gray building with a great roof deck and programs like the one in d re and there is the gentleman named billy at the back of the room paid hello, thank you, billy. He will be happy to answer questions you may have about joining the club so please see him on your way out. Thank you, george. Youre welcome. Please take a moment and turn off your devices that make noise during the program and while you do that let me tell you about a couple upcoming programs at the Commonwealth Club. On october 31 halloween at noon, fox news anchor bret beyer will be with us. On november 12 is not a comment in that just so you know. On november 12 National Review editor rich lowry will be
Unveiling of the firstever Lunar New Year took place in this entire country. And since 11992, we have Many National first days and national ceremonies. But whether we get the first day or not, we always have an unveiling as part of our Lunar New Year celebration. Its very excited. Last week i was very comfort to join seattle to join the postal state for the unveiling of the lunar new stamp. It was attended by 300 people by eduardo who is the president of the retail of the Postal Service. Vod me and the public that Lunar New Year is the most Successful Program in the commemorative stamps. We are very happy to keep up with the tra kissing. Tradition. Today were gathered today, although the stamp is already out there, but its our tradition in our city to unveil the stamp for every one in the San Francisco bay area. So without further ado, i would like to introduce our mayor, maryland on our mayor, london breed who has unveiled a lot of stapp p. Mayor breed hello welcome and welcome to unv
Lower. Stocks higher. Technology, one of the best groups today and by the way, the nasdaq right now is above a new closing high. So we need to track that over the final stretch as many of the mega cap, including nvidia, see nice gains today pretty good day, too, for discretionary stocks like decker, surging after its earnings it does take us to the talk of the tape. The road ahead for the rally lets welcome in professor Jeremy Siegel, wharton professor. Glad to have you here. Happy to be here. And we have nvidia, knocked the cover off the ball again and a turbulent day yesterday, and then a nice bounce today at least in parts of the market. Yes well, i think, you know, nvidia did so well, it almost sucked all of the oxygen out of the room so no one else could breathe yesterday. And now i think they settled down there were, i think what disturbed people yesterday was that little chatter in the fomc meeting, the minutes, about some people saying hey, are we done raising, and that, that w