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Well, you have to know who the altamont passes are not you are with, right . The bubble, literally. Changing, and from 54 to 680 yeah. You are in my bubble, you from aldrade has slowed, and the have to have fresh air and fresh breath. We are going to have hot temperatures, too, as we take a live look outside from mount work should be cleared there, but not yet. Tam, and we can see the view it is unusual slowing from over San Francisco, and we have not had the cool refreshing freemont to sunol and back to breezes that we are used to you. Thank you, mike. Staying on the breaking news, here, swraez been dealing with the fires are ripping through the extremely hot temperatures near the coastline. Parched brush across the bay and we are going hour by hour area, and in some cases coming with few clouds moving by and dangerously close to homes, and smoke and then by noon time, if prompting evacuations, and all you are thinking of lunch of ....
Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade also lets look at whats been happening i thought theme parks disney and comcast which is over 2 pretty big gain. Who knows whether it is displaced but it was on hopes of normalcy i dont think it is only moderna we are talking about there is four or five real pharmaceutical Companies Working on it. So just the potential you get and other data point where they say someone else has the success to we dont know what technique i dont know if it ....
A virus lockdown winner has emerged. Its walmart. They have had the advantage of remaining open and they finetuned their delivery and pickup services. They have done very well. Look at this. Same store sales, up 10 . Huge. Sams club sales up 12 , even bigger. Ecommerce, now, this is a big one, up 74 , online sales. That is remarkable. The stock, we are quoting premarket now, the stock is up nearly five bucks, 3. 8 . Okay. This is going to be a live action day. Two top money guys head to capitol hill. Speaker mnuchin, jay powell, they will be discussing what they think still needs to be done for the economy. You want my opinion, please give us Liability Protection. The president addresses the nations farmers. What do they need and whats with the Food Supply Chain. We will carry his speech live. Thats in our 11 00 hour this morning. Then theres the market. After yester ....
S p is now down 2. 25 the nasdaq is off by 40 points that happened after news that we heard from beijing that well tell you about in a moment Interest Rates are a huge part of the market story. Yesterday we saw the inversion of the twoyear and the tenyear yield. So shortterm bonds are paying more than longterm bonds. Historically this is considered a recession warning sign check this out the 30year bond this morning is now yielding below 2 . This is the first time in history weve seen the 30year below 2 1. 99 . Tenyear is yielding 1. 557 . The twoyear is yielding 1. 54 lets look at what happened in markets overnight in asia. Things got a slower start there. The nikkei was down out of the gate it ended down by 1. 2 . In china, stocks are stronger. Shanghai is up by a quarter percent. The hang seng up by three quarters of a percent. In europe, there is active trading taking place, you are seeing some red arrows across the board. The ....
Climate. Maria thats right. You saw recently in new york city theyre mandating pizza ovens have certain type of carbon emissions, if they dont they have to get rid of them. We have businesses that have been around for generations and now are put out of their place. Were finding that what lot of there was a guy the other day who bought a electric car, he had to undergo 130,000 worth of fees to get maintenance and it was in the shop. Its one of the things that theres so many things that havent been tested to the full extent. I think if youre a consumer, hold off as long as you can because hopefully by the time all of these regulations start to be enforced by the deadline, theyre all gone because we have someone sensible in office. Maria theyre using the securities and Exchange Commission as the agency to mandate certain things to your point in terms of t the Climate Change ....