Friday here. We had the range bound markets all week, maybe with the exception of gold. All of that pushed aside by the ramifications of the pandemic. We dont need to go into it now, but i really wonder over the andend, as the economists equity strategists write how they adapt and adjust their q3 view out of the news we are seeing from the sunbelt. Jonathan it is going to be a tugofwar for the next few weeks and months. Beneath the surface, the fragility is really going to start to show in places like texas and florida. Lisa this is the tension. The traditional data we rely upon, getting some of it today at 8 30 a. M. With u. S. Personal income and spending, this data is outdated well before we even get it. There is a question of what do you look at. Do you look at restaurant rivers rations restaurant reservations . Do you look at mobility trends . These are things i am watching in the day ahead. The universityt of Michigan Consumer sentiment survey. At 2 00 p. M. , u. S. Airline execu
Californias population could contract coronavirus over an eightweek period and were talking about more than 25 million californians. Hes basically saying thats if we dont change our ways its not clear what kind of matthews using but its a sobering projection of the governors stressing californias need for help in the pandemic he is making a plea to President Trump his proposing a floating hospital ship that might be brought in to help. But those are all things that hes expected to talk about when his News Conference gets under way when it does we will go to that and make sure you hear about it tonight the Us State Department is warning americans not to travel abroad. Its issued the strictest possible travel advisory level for this is warning people to avoid all International Travel because of the coronavirus pandemic as for americans already outside the country. Basically theyre being told to get home immediately or stay there be prepared to stay abroad for an indefinite period of time
Scene that weve been witnessing all over the bay area all week long. Good evening, thanks for joining us on kron 4 news at 8 im ken way and i pale more the reason behind the governors order is to help practice social distancing it is something that we are doing right here at kron 4 to do our part to prevent the spread of coronavirus and we encourage all of you to do the same. Worldwide there are more than 242,000 confirmed coronavirus cases more than 9800 people have died as a result. Here in the us are there more than 13,000 cases and a 176 deaths in california there are 952 confirmed cases with 18 deaths but earlier today. Governor newsome predicted more than half of california will contract coronavirus over an 8 week period. And that concern is what led the governors and to his announcement a grant lodes is here now is what governor had to say for all means the rest of the state now is going to be doing starting midnight tonight. What most of the bay area has been doing since midnig
Grant lotus indeed it is and im Vicki Liviakis thanks for joining us tonight governor newsome says that hes confident. The residents will abide by the order and that social pressure well encourage people to do the right thing, lets hope so the statewide shelter at home order is a directive. Many counties have of course already been following weve been doing in most of the bay area since monday night. Grocery stores statewide will remain open essential supplies will still be available per for people who need them food can be picked up take out style and restaurants. Kids can play outside, although youll see more and more playgrounds closing weve already seen that here in the bay. We have learned tonight that the National Guard will be delivering medical and other necessary supplies to make up for lost volunteers and anxiety issues that people are having folks some of them, especially if youre older or have existing issues just do not want to go outside do not want to go to the Grocery S
State wide order for people to stay at home. Statewide order is in effect tonight for everyone in california to stay at home except for essential jobs and services such as Grocery Stores pharmacies and banks, thank you for joining us tonight at 10 i pale more im ken wayne. The governor issued the order in a News Conference earlier tonight, he says the goal is to brand the spread of the coronavirus pie encouraging social distance and that is what we are doing here at kron 4 can and i are on opposite areas of the studio our grant lotus standing by on the other side of the room and look where our chief meteorologist us tonight. Lawrence karnow is bringing us the tenet and forecast from his home. The coronavirus has made the governor make this order the governors order comes after he issued a sobering warning that 56 of californias population are 25. 5 Million People will likely become infected with a virus over the course of a 2 month period. He made that projection in this letter sent to