tv News4 at 4 NBC October 4, 2018 4:00pm-5:00pm EDT
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the paik i was t to mag on tracking is we should not have a minimum amount of tracking. but the point is having -- it's part of the guardrails, right? if you exceed some ount. that's when the board should get -- maybe not concerned but at least should take a lookt it. because there could be -- risk is a good thing. it's not always a bad thing. then the onus is on the cio to come and explain, you know, why has it breached this -- historically we observed it is
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between 2% and 3%. what makes it grow to 4% or 5%? and is there justification and do we wt to set the tracking of the limit or do we think e i this? so i was just trying to answer the point on, you know, what should the tracking, what the should the active risbe, right? and it's a difficu but we can put an upper limit and say beyond this we need to o actually talkut it. because there is something happening in the mar that at least warranted discussion. the other point i wanted to make is i think all these risk reports a great. but risk is a very, very complex topic. and i sometimes fear when we have lots of risk reports, it depends on the audience.
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sometimes they don't get it. metimes they get it. i still think in the interest of transparency at some level i seo ds, some should be reviewing these things. and we talk about tracking all the time. in our business that, is the single most important number. but people don't realize that it's simply sndard deviation and in a normal distribution, two-thirds othe time it will work. and we all know the financial assets are not normally distributed, right? so i'm just saying we have to be careful about, you kn w, how use the numbers. the real risk in any portfolio that we should all be concerned about which trustee brennan brought up before was that, you know, ptfolios have factor exposures. and we hope that the active factor exposures that our portfolio is taking all don't
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underperform at the same time. now, will that happen? i think it's unlikely. ofd there's no way you can totally bullet p yourself from not taking risks. you have to take risks in order to generate returns. i think looking at factor exposures which start -- i think this is part of the reason to hire a risk resource. i'm glad that david is on our team. is to look closely at factor exposures of the portfolio. so by these rep ts are great, my point is that these reports are great and we are monitoring these and i think tse are very important for the board and the ic. i think the portfolio level, what the investment office is looking at is much more and we are concerned about so many other things. so prices could be a factor and how does that impact your rtfolio and so on and so forth. >> tmnk you. i' sorry. >> go ahead. >> i think that's great
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comments. i remember on the -- doing the board dashboard. the board has a higher level per view but i think at some level you've ot to be looking much, much deeper. i don't know where, you know, even a the t. level there might be something a little bit --omething at the ic revel maybe not as granular as what you're tinking. bure's got to be some l. dashboard le get the ratios. >> yeah. >> and one quick coent,n the communication report, we actually include dsk. relative factor owrisks. so h much factor risk is in my portfolio relative to have my licy and we breakt down by equities, rates, credit, currency. and so that is included. whether or not that should be in the board report is kind of up to the bod. to the bod. >> yearah
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d♪ kaine: myad ran an ironworking shop. i learned hard work and a trade from him and his workers. then i went to honduras as a missionary and taught kids to be carpenters and welders. our economy works best when everyone has a skill, like shipbuilding. that's why i created career and technical academies across virginiaed and pass law to expand job training for young people. i'm tim kaine, and i approve this message. here in virginia, we have to build an economy that works for all.
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wbawell be barbara trumpstock. that works for all. donald trumps against expanding medica in virginia. against protections for pre-existing conditions. and he sabotaged the healthcare market, hiking insurance rates up to 64 percent in virginia. voting with trumcentgrees. er of the time. jennifer wexton believes healthcare is a right ... and successfully fought to expand medicaid inirginia. "i'm jennifer wexton and i approved this message... because change icoming." i love you, but i'm not in love with you. she says i can't see you anymore.
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find furniture you'll love at..e ..inal days of havertys fall savings event. when you spend more, you save more up to $1000. there's still time to get the savings you deserve. these deals are break-up worthy. havertys life looks good most managers are heavily overwaove overweighted in large cap growth. i have a diversified portfolio when in fact your fact very scon concentrated there. that is driving that factor risk
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nationwide. the usda market inspection the packaging. they believed the product was packaged from frul through september 7, 2018. 57 people from 15 states have been sickened. on to the other recall. 89,000 pounds of readyo heat ham is being recalled due to contamination ia that has led to one death and three illnesses.
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johnson family hams is recalling the product between april 3rd, 2017, and october 2018. the products were shipped to several states including maryland and virginia. and those include the old dominion brand haems and valley countrha . the recall products will have an establishment number m-2646 inside that usda ifmark. you have any of these products, throw them away or return them to where you bought for a full refund. we have the complete recall product list for you now including the labels. to vi just go to our nbc washington app and search recall. back to you. >> all thank you. >> if you weren't concerned that that beef recall, you might be inclined to celebrate national taco day. restaurant chains across the country from taco bell to on the bord are celebrating with deals and freebies. if you happen to be strapped for cash, it is an affordable option
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for dinner. ask for the national day deal. >> we had a good deal to celebrate yesterday. one of those moments that gives sports fans just a chill. the first new banner for any d.c. team in decades. the banner went up over the arena. the fans who didn't have a ticket were able t watcht outside the big jumbo tron. c inside, fannted back to back hoping this year will bring them another stanley cup. the caps got off to their way to a stanley cup. if you keep on eating those wings, they k mayp winning. you're the wing man. >> i ate them all playoffs last year and they won the stanley cup. yesterday, 7-0. >> it's g.work >> i can eat them all day long. >> it's on my low-carb diet.
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>> if you like it hot? >> people are waiting for the cooler weather. if you do like it on the hoyt ouside, today is day. the hottest day we've seen this month in a while. close to 90 degrees. across the area, a lot of blue skies still. 87 degrees.s out of the south a miles per hour. take a look at the current heat index around the area.lo at this. this is amazing. 93 in frederick. 94, manassas. it feels like 95 in patuxent river, 93 in annapolis. by tomorrow afternoon,hi by time tomorrow, it will be close to 20 degrees cooler and in many locations. we have a frontal boundary moving in. showing the shower activity, toward hagerstown and ederick. this is, to show you the wider view, two bands of rain. this one t trying make its way down. it may die off a little bit.
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but heads up around hagerstown and frederick. areas around d.c. have a better chce of seei shower activity and then to the west, some thunderstoiss with it. will move in this evening. so we could see some areas of heavy rain. the aasf threat from d.c. about the baltimore area. that's something wll be tching for you. again, d.c. dry, more sun to the southnd here come the clouds, showers, by around 8:00. that fizzles on out and we watch the back part of that coming 11:00, 12:00, you see a couple of showers. i'm not too wried about it but we could see one or two. th are not about it. a lot of clouds early tomorrow during the day. we may break out a little bit. i do expect to see a lot of clds. some suntomorrow. but the temperatures, you will notice, will be a lot cooleryo friday. high temperature tomorrow, 76. after what feels like 91.
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that's 15 degrees cooler in the city. mostly cloudy, cooler but still mild. a lot of people today were asking, am i going to need a eater? no. how about the weekend outlook? pumpkin patches.ye better on sunday and really, the weekend is all better on sunday. kids games, soccer gas, basebagames. i think we get them in but i'm watching the drizzle. sunday, no problem. even though saturday, i think we get the games in justecse it will be drizzle for the most part. outdoor barbecues, sunday, sunday, the better day to do it. thank you, leon. 76, a little drizzle. fog sunday and morning fog all. next we but look at the highs. 80s all the way through. all the way through next week and look at these lows. our average low is in the low 50s.
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we won't be anywhere close to that until next ek. >> let's do it. coming up next, the first lady makes her second stop on the first solo tp abroad. >> her message and her gift to children at a struggling school in malawi. >> a mom and dad couldn't find more than a thousand dollars in ca at home and then they ca at home and then they realized their toddler h beenad kaine: my dad ran an ironworking shop.
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i learned hard work and a trade fr him and his workers. then i went to honduras as a missionary and taught kids to be carpenters and welders.c ouomy works best when everyone has a skill, like shipbuildg. that's why i created career and technical academies across virginia and passed a law to oupand job training for people. i'm tim kaine, and i approve this message., here in virgin we have to build an economy that works for all.
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the sun says jealous has "the stature and gravitas" to lead maryland. we can do much bter on jobs, on education, on healthcare. but it means we've got to believe in each other. ben jealous. governor. first lady visited a school today in her visit to africa. she is focusing on child welfare. a report from malawi. >> reporter: melia is here. it is her second of four couinry through africa. her message is about empowerment and education. i wanted to be here to see the successful program that the united states is providing to the children. thank you for everything. >> reporter: today she is
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attending a school and you see the challenges that malawi faces. you have some 000 students, 77 teachers. that gives you a student to teacher ratio of111-1. it also shows some of the tensions on thistrip. namely, she is promoting policy that's her husband may end up terminating. they talked of donatg 1.4 million books across the country. yet president trump has reportedly talked about ending u.s. fungd saying he'll only have it if countri are strategically aligned with the united states. the other aspect inll of this is who isn't here. that's president donald trump and what he isn't saying. he hasn't offered an apology for his reported comments calling many countriesic in a "s-hole countries. they want to ensure thesi erity about their hope for this country, for this continent, is indeed sincere.
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fast, reliable internet is crucial. does it every go down? yes. can't do my job. business grinds to a halt. our gig-speed network not only downloads files up to 20 times faster, we go beyond fast with 4g backup for complete reliability. so if the unexpected happens... (snaps fingers) you stay up and running. we lost power... but not to that. i want that. (laughing) for a limited time get fast, reliable internet for a new low price. call now. comcast business. beyond fast. we are learning more about the 17-year-old who died in thao
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ific crash on i-270 in montgomery county. >> it happened yesterday. a go fund me page has been set up for the svictim,sh with a snyder. hed attenrthwest high school in germantown. how that community is coping. >> reporter: there is counseling on campusle today avail for students and staff who needed a course. many heavy hearts coming to school with the loss of senior student joshua snyder even at the start ofho, we saw students in the parking lot who were gathering. veryy saddened this news. the principal announced the death yesterday describingas hi hard working and kind and having a positive impact on all who k him. he will be deeply missed on this campus. the principal sayg that montgomery county police alerted him yesterday that joshua had died in cr car h. this crash on i-270 southbound near montroseitoad.
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appears that snyder was behind the wheel of a buick t sedat somehow veered on to the left shoulder a struck a parked truck. this was no one on the scene but joshua was pronounced dead yesterday afternoon. we can tell you at thispoint, again, there will beounseling for students. it is under investigation.s authoritave ruled out alcohol as a contributing factor but they still want to learnt more about t crash that has taken this young life. i'm justin finch, news4. >> back to capitol hill now. now we wait for thevote. all day, senators have been huddling in a secure room to see the fbi report on brett kavanaugh. goal of that report was to determine whether witnesses were able to corroborate a sex assault allegation made by christine blasey ford. the fbi interviewed ten people including kaeng's long time friend mark judge but they
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didn't intervi ford o kavanaugh. they. republicans say it shows n corroborating evidence. the democrats argue it is woefully incomplete. >> i've tried to mmit, kids and i've carried out, what i prise immediately, that we were going to have a fair and though process. we have had a fair and thoroughs pr >> we have many fears that this was a very limited process that would constrain the fbiro getting all the facts. having received a thoroug briefing on the documents, those fears have been realized. >> it appears the key swing votes areow leaningd voting yes now that the report is complete but they haven't yet made their final decision. the swing voter heidi height
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kamp says sot isg no. the senate is expected to hold a procedural vote tomorrow and they could hold the final floor vote saturday. tomorrow marks one year since the sexual assaulton allega against harvey weinstein first became public and tay veteran journalist connie chung is opening up about herua own sassault. she wrote an op ed for the "washington post," she wrote, i too was sexually assaulte y not 36rs ago you, but about 50 years ago. she went to say i am writing to you because i know that exact date, the exact years are insignificant. we remember exactly what happened to us and who did it to us. she said she was ass by a doctor while she was in college in the 1960s. the soccer star christianna ldo is fighting rape allegations in the united states. a nevada woman says that he
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assaulted her in a las vegas hotel suite nine years ago. she said the start had a team of sixers and tried to pay her $375,000 to keepqu t. the las vegas police have reopened the sex assau case against ronald a devastating earthquake in indo fsia. australiing in enough food and supplies to help up to 10,000 people. theustralia yandle air force will help indonesia get it to the disaster zone. tuesday has pledged $15 million to the recovery. more than a million people have been affected bthe disaster. nearly 1,500 are confirmed dead. and that number is expected to climb. working for with you new research on something that you may be doing every day. taking a low dose aspirin every day may lower your risk of
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ovarian cancer. women, those of hue took other painupllers like ibrofen, they had a higher risk. so talk to your doctor before you make any changes to your medication. next, we are celebrating hispanic heritage month. >> that's right. we'll introduce you to the duoh behind tnly latino-owned behind tnly latino-owned winery in the state
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here's to the stair takers, behind tnly latino-owned winery in the state breakfast makers, step counters, outdoor explorers, faith restorers, appointment keepers, fantastic creatures. farmer's market goers, cholesterol lowerers cell phone silencers. the new lease on lifers, and e positive thinkers. here's to you all that see every day as an opportunity to thriv. bawell be barbara trumpstock.
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donald trump is against expanding medicaid in virginia. against protections for pre-existing conditions. and he sabotaged the healthcare market, hiking insurance rates up to 64 percent in virginia. barbara trumpstock agrees. voting with trump 98 percent of the time. jennaler wexton believes care is a right ... and successfully fought to expand medicaid in virginia. "i'm jennifer wexton and i approved this message... because change is coming."
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here's what it was and here's what it has with every bottle that's unaccording and every glass that's poured, they savor the taste of entrepreneurship. >> it was a dream that we always had. >> reporter: it is currently the only latino owned winery in maryland. >> we are here to make excellent wine. >> reporter: they are new to the game. really new. 17, to be exact. >> we are producing three types of wine. have a rose and a red and a merlot, then a white wine. we focus on dry wine, lower alcohol levels, a longer finish. >> reporter: and the quality is turning skeics into believers. >> my wife first tried the wine,
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the same thing with mysister they tried and it they said, myd ss. this is excellent. what did you think that we were doing? >> reporter: theeuys h an interesting back story. they played profethional polo in state, traveled a lot, rique is working a ph.d. and to them itllakes perfect sense. >> we grew up very close to the earth. goingur to o family farm every >> reporter: they sold this charlieing property in chestertown, thryland. room to expand and an old house they're a converting to seller and tasting ro. a little over 400 cases of wine. we are starting to produce more we would be closer to 800 cases. they say life is too short to safe.it >> we come from a family of
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people who have always been, especially my mom and my dad. it is a story of immigrants. geom ecuador to here. imagine the couhat takes. >> reporter: the leaves are starting to brown. it is the end of a season. but for them, it is only the beginnin news4. >> fantastic. >> i'm not surprised. >> from polo to wine making. >> wouldn't you expect a retireo player could be an excellent vintner? of course. we invite to you join thus saturday for a celebration of s4spanic heritage. >> nnd telemundo are teaming up to bring you stories of the contributions latinos are making right here in our area.
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let's it good caught up with four things to know this afternoon. >> all afternoon we've been seeing protests against brett kavanaugh. crowds have gathered, calling on lawmakers to vote no on kavanaugh. it comes after the fbi delivered a supplemental back ground review to the senate. >> ts man thinks his life i prison accused of rape.
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he's been arrested 11 times. he was in court today but the judge postponed the hearing because he wants to hire his own attorney. police areoping to talk to more people involved in a violent dispute in waldorf that led to the murder of 17-year-old elisha cole. it appears a group was standing outside h thee on wild meadows street last night. another group pulled , there was an argument and then gunfire. and certain brands of ground beef are being recalled because they're making people sick. if you have it in your frig, we have everything you need to know app.ur nbc washington just search recalls. where are the most dangerous roads in our area? >> a new report from aaa singles out of two our most problem
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areas. >> where drivers need to be extra cautious.vi >> reporter: dng around here can be dangers. this new report is shedding se light o where we need to be the most careful. it is unfortunate but deadly crashes on our roads are common. >> i've seen bad accidents. >> reporter: according to the new report from aaa, prince george'sdsounty h a notorious reputation for dangerous roads. n virginia, fairfax county roads have that title. nine deaths in prince george's county in 2017, up 32% over the year before. and 35 traffic deaths in fairfax countyn 2017. that was the most invirginia. >> serve in too much of a hurry. >> she agrees it can be dangerous. they don't allow for traffic. they leave way too late to make
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their commitments. >> it is said that a crash happens about every four minutes in fairfax county. in prie george's county, places like maryland 2 ten are becoming synonymou with bad crashes. >> before you knowit, womb!he >>have document street safety plans as part of the street safety campaign and many residents say the numbers are adding up in the wrong direction. in fairfax county, news4. t ning to the weather, are we returning back to something normal? >> our average low is 54 we've been at 50 once. 59 is the lowest we've been in the d.c.et area. last year at this time, we had been in the 50s 13 times. this year only 59. rs we've been many y been in the 40s.
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>> but it is also the wettest. >> the wetst and the warmest. i saw something posted in the "washington post." we'r now at 131 days above 80 degrees. the record is boo 36 days above 80. and our forecast is that we'll get there. another record as far as warm temperatures go. that looks like it will continue into next week. as hot as it was, we're getting ready for winter. talking on officials, as well ps some of thple from the community all about wha to expect. talking about the winter foreca. my big thing is not the big snowstorms. it is the tiny ones we see. the o ds thativer an inch or less when it so cold and we get that on the roadway. right now, we've got no problem at all. we're dealing with some cloud cover. by the way,he official winter
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forecast, in about a month, in about a month, so a little too early to see it.ri t now, well, never mind. i'll tell you in a month. 87 degrees. you can't getg anyth with that. this will be se showers between 7:00 and 10:00. 92, culpepper, 94n fredericksburg. we're going to see very warm conditions. i am tracking some showers. not around d.c. but up to the north. hagerstown, toward baltimore, into washington county frederick county. this system is making its way to the south. as it does, it is expecteddio off. another stronger area of storms is coming our way. all in all, this is aig fro
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that has come down. it will shift to the east. that means kids at the bus stop, you have temperatures in the 70s. more clouds tomorrow, too. some sun during the afternoon. fog and maybe some areas of drizzle o saturday. thing , not a very nice to have. as i talked about, a lot mor on sunday, why would weet cooler weather. a tropical system. it could move our way. >> all right. hook forward to it. if you ever put money away
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because you were saving for something this story might make you get rid of your >> there you go. a couple in utah who had been saving money identify off a debt they incurred for buying season they had ickets and just saved up enough money to do it. but the money it was in disappeared. they found it and they soon realized, their toddler son was having some fun with the shredder and he shredded more than$1,000. >> started laughing. we were just baffled this could happen. >> i cried for a minute. >> a few tears and then a bun laughs. >> oh, my. learning new things. >> so what happened next they were told they could get the money back from government department dedated to mutilated money. and they were told, in a couple years, they'll gethe money back. >> a couple years? what's up with that?
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>> i don't know. between now and then, that child is getting a job, mowing lawns, shg snow. i couldn't believe they were laughing. >> at least they got the money back. better later than never. news4 is workinge in community with three letters that can save your life. cpr. coming up tomorrow morning, we tell but a very unique class the 0 ach this is life saving technique in justnutes. we'll hav that story tomorrow morning at 6:00. coming up next, a verymotional story from fairfax goinlt a topic dominating the headline >> it has taken me a long time to stand here and say that i am a survivor. i am a survivor. >> that story coming up next. but first, here with the stories
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we're working on for you. >> we're following the protests happening all over the district over the supreme court nominee brett kavanaugh. >> nbc's hallie jackson is joining us with what's next in the process a how close the vote to confirm may be. >> also, the senior citizens who lost their homes in a massive fire. they get to meet the marines who ran into that burniin build to rescue them. our nd a special place in area where doctors are administering as much hope as they are money. the story of a little boy with a rare disease that shows us how he gets the strengt to take it on. on. >> we'll seeou i yn
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kaine: my dad ran an ironrking shop. i learned hard work and a trade from him and his workers. then i went to honduras as a missiony and taught kids to be carpenters and welders.n our y works best when everyone has a skill, like shipbuildin that's why i created career and technical academies across virginia and passed a law to expand job training for young people. i'm tim kaine, and i approve this message. here in virginia we have to build an economy that works for all.
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awareness month. and today people went to the microphone with increbly personal stories. >> incredibly emotional. as someone who covers a lot of these elected officials, especially fro the time they were campaigning to now, this was the moment they stood out. and everyone in that room, a small gathering. they were getting together to talk about domestic violence. and some for the first time sharing their deeply personal stories of abuse. tening but that being victim of a rape in college. >> it has taken me a long time to stand here andmsay, i a survivor. i am a surviv. is is the first time in public i've ever said that. you are the first people who i have ever admitted this.
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>> i was a witness, i was a victim, i am a survivor and even though it has been so much years and we rebuiltur o lives, there's still that pain inside. >> they're often so stoic. why on upn a personal way? all these wounds they're reopening is part ofn effort to make the call. they want you or someone you know who is battling a violent domestic situation the reach out help. the number they're pushing out there, especially in fairfax county, northern virginia. our team is heading it up. u can go to the washington app and searc make the call. >> and it must be difficu to
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do it now. news4 at 5:00 starts now. >> protesters on both sides are rallying at the supreme court and the capitol. >> plus, a high school senior. whng we're heabout the argument between groups of teens just before he was killed. >> 11 mug shots. 11arrests. what we're learning about the man accused of a rape near a metro station. op good evening. our t story, battle lines being drawn in and outside the capito >> on the streets, demonstrations against brett kavanaugh. protesters marching from the court where he currently serves to the supreme court where he is hoping to take a seat on the
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bench. >> senators have beenng revie the fbi report. >> here's what we know so far about that report.si e the fbi launched the supplemental review,ig inveors reach out to ten individuals and wound up interviewing nine of they will. this report will not be made public. >> aer reading it today, he is saying it shows no hint of misconduct. but his counter part dianne feinstein says the most notable part is not in it. >> no corroboration, nothing new. >> in plain english what i just read. no hints ofmisconduct. >> it is not a whitewash, even a cover-up. >> why are they afraid to let the public have the report? >> it
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