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Morning and welcome you watching the weekly here on r. T. Super tuesday a major day for primary elections and caucuses in the u. S. Has cut the number of candidates in the democratic race for the president ial nomination Bernie Sanders and joe biden leading but even before super tuesday 2 rival said they were quitting to bank biden and theyve seen as a bid to undermine sanders after dropping out following the votes Michael Bloomberg also came out for the former vice president. Gore saying. Be im delighted to endorse and support joe biden president. Joe biden and i hope you will join me in working to make it thanks. Just remind you super tuesday is when the largest number of states head to the polls the delegates chosen go on to make their final selection a candid after endorsement from judge into a bashar biden win the most states sunders only got 4 states to buy 101. 00 o ....
Area of low pressure continues to push eastwards, very wet weather particularly for england and wales, into southern scotland well, could be localised flooding problems, still some strong winds in the south, but phenomenon island in the northern part of scotland, the wind is lighter, a few showers with some spells of sunshine as well. As we head into sunday evening on the back edge of that low pressure system, notice the isobars squatting together, another bout of strong winds, this time from the north or north west, could see gust of 60 mph, some coastal flooding north west, could see gust of 60 mph, some coastalflooding is possible in eastern areas. The back edge of that weather system will draw down cold air from the north, but mild airat draw down cold air from the north, but mild air at the same time will be trying to return from the south west ahead of this, this is oui south west ahead of this, this is our next area of low pressure. This will be making its move during monday. Mo ....
Heres the jargon, the yield curve inversion. This is fed day and a very big day. In advance of the official word on rates, stocks have been all over the place this morning, up and down, moment to moment. Right now we are looking like a loss of maybe 112 points for the dow and down 45 on the nasdaq. This is whats hitting the market, china. China says it will impose 5 to 10 tariffs on 75 billion worth of u. S. Goods. That is obviously a negative for china trade. Its escalation and therefore, bad for the market. Elsewhere, later today, the president leaves for france for the g7 summit. Interest rates and trade will surely come up there. They are gearing up for more big protests in hong kong. Were on it. And just wait until you hear what larry kudlow says about tax cuts. Lets get going. Varney company is about to begin. Weve negotiated with them, weve tried to move the football. They have backed away and we have taken measures through all of that time, weve had a very strong economy, weve ....