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lisa m.: with the first word, i am lisa mateo. the u.s.to guarantee all bank deposits if the current crisis gets worse. that's a move sought by a coalition of banks. the treasury department is looking into whether regulators have enough authority to temporarily insurance deposits larger than the $250,000 limit without consent from congress. the federal reserve faces a tough choice at the meeting of policymakers. jerome powell and his colleagues will consider whether the global banking turmoil is so concerning that and interest rate hike should be abandoned. they will announce a decision on wednesday. the u.k., swiss and a widgeon central banks will also separate -- and norwegian central banks will also talk about rates this week. joe biden vetoed a bill that would allow portfolio managers to way environmental, social and governance issues in investment decisions. the esg factors have grown in population and finance. bloomberg has learned vanguard has decided to close its remaining business in china. u.s. asset management giant has notified
lisa m.: with the first word, i am lisa mateo. the u.s.to guarantee all bank deposits if the current crisis gets worse. that's a move sought by a coalition of banks. the treasury department is looking into whether regulators have enough authority to temporarily insurance deposits larger than the $250,000 limit without consent from congress. the federal reserve faces a tough choice at the meeting of policymakers. jerome powell and his colleagues will consider whether the global banking turmoil...
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Mar 23, 2023
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lisa: keeping you up-to-date from news around the world, i'm lisa mateo.htening may be ahead. the rate hike comes two weeks after the bank failure. credit suisse has big banks putting their at the fact oh on hold. firms such as deutsche bank, citigroup and jp morgan are preparing to hire some of the swiss banks and investment bankers. talks have begun in london and new york and headhunters are flying to zurich. in france, more strikes are set against the pension system. public transportation, schools and refineries are likely to be impacting. it has been two months since unions organized walkouts. he wants to raise the retirement age to 64. tesla has started a price war in china. elon musk has cut prices twice since october. that has made some models 50% cheaper than in the u.s.. at left rivals in china to follow suit, at least 30 have lowered prices. global news 24 hours a day, on air and on bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm lisa mateo and this is bloomberg. ♪ ♪ it's easy to get lost in investmen
lisa: keeping you up-to-date from news around the world, i'm lisa mateo.htening may be ahead. the rate hike comes two weeks after the bank failure. credit suisse has big banks putting their at the fact oh on hold. firms such as deutsche bank, citigroup and jp morgan are preparing to hire some of the swiss banks and investment bankers. talks have begun in london and new york and headhunters are flying to zurich. in france, more strikes are set against the pension system. public transportation,...
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Mar 22, 2023
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why lisa: lisa: are you in new york? there is a conference today.dren go to their full height and agriculture be able to produce. i am also doing other bids in new york. lisa: the president of the world bank. really interesting idea with respect to some of the central banks holding duration and how that slows growth effectively in the rest of the world by reserving some assets that would go to other places. coming up at 1:30, bloomberg surveillance special, the fed decides, jonathan and myself will be back here parsing through all of the smoke signals as we hear from jerome powell. we have some incredible commentators, including rich clarida among many others. markets are turning trying to understand what exactly to be looking for. still want to get you the market response to your yields. from new york, this is bloomberg. ♪ [office sounds] ♪upbeat music♪ ♪♪ ♪when the day that lies ahead of me♪ ♪♪ ♪seems impossible to face♪ ♪a lovely day (lovely day)♪ ♪(lovely day) (lovely day)♪ ♪(lovely day)♪ a bank that knows your business grows your business. bmo.
why lisa: lisa: are you in new york? there is a conference today.dren go to their full height and agriculture be able to produce. i am also doing other bids in new york. lisa: the president of the world bank. really interesting idea with respect to some of the central banks holding duration and how that slows growth effectively in the rest of the world by reserving some assets that would go to other places. coming up at 1:30, bloomberg surveillance special, the fed decides, jonathan and myself...
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Mar 31, 2023
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am lisa mateo. this is bloomberg. ♪ i know the markets have gone up and down, but you're right on track to reach your goals. my ameriprise advisor helps me feel confident about my financial future. he knows me and my goals. it's not the first uncertain environment he's helped me navigate. probably won't be the last. but with his advice, i know i'm on track. the plan we created can withstand uncertainty. no wonder clients rate us 4.9 out of 5 in overall satisfaction. because advice worth listening to is advice worth talking about. >> it does not come as a surprise at all that the mistake of transitory inflation and the mistake of not moving fast enough to begin with resulted in the massive increase and accidents. when you are overly data dependent and the fed is overly data dependent -- when you are acting with tools that have an impact over time, you cannot react to every bit of data. you have to have strategic anchoring. tom: mohamed el-erian was francine lacqua. it is not as romantic there late ma
am lisa mateo. this is bloomberg. ♪ i know the markets have gone up and down, but you're right on track to reach your goals. my ameriprise advisor helps me feel confident about my financial future. he knows me and my goals. it's not the first uncertain environment he's helped me navigate. probably won't be the last. but with his advice, i know i'm on track. the plan we created can withstand uncertainty. no wonder clients rate us 4.9 out of 5 in overall satisfaction. because advice worth...
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Mar 29, 2023
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lisa: ok, thanks.laughter] tom: don't you guys get the feeling where we take the surveillance nap and you don't know what's going to greet you on that cell phone? you pick up the phone and it's like a mystery. if you go to the bloomberg terminal lab, you just don't know what is going to greet you right now. jonathan: there is definitely that sense that no news is good news. not spending another weekend talking about failed banks, maybe that explains more than anything why the two year yield was higher monday morning. lisa: so why is it lower today? tom: i mean some of it is quality and high yield. are they cooperating with a recovery to norm? jonathan: depends. -- lisa: depends. we heard about it with respect to senior bank bonds. you have to wonder if others would do the same. jonathan: back to something like high yield spreads, a month ago that was something like 390. we kind of broke the full five. tom: this is a busy section but i'm reading a lot about commercial real estate. jonathan: what are you
lisa: ok, thanks.laughter] tom: don't you guys get the feeling where we take the surveillance nap and you don't know what's going to greet you on that cell phone? you pick up the phone and it's like a mystery. if you go to the bloomberg terminal lab, you just don't know what is going to greet you right now. jonathan: there is definitely that sense that no news is good news. not spending another weekend talking about failed banks, maybe that explains more than anything why the two year yield was...
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Mar 20, 2023
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i'm lisa mateo. this is bloomberg. ♪ >> people are doing something that probably is not rational but totally understandable, which is then moving deposits and where they are moving has its out of are the smaller and medium-sized banks into the larger banks. that is not going to stop overnight. there will be a lot of repricing in the credit segment. this is going to be bumping moving forward. jonathan: that was mohamed el-erian weighing in on the solution with ubs and the banking scenarios playing out worldwide. equity futures unchanged. yields lower by seven basis points on a 10 year, 3.3541. if fed decision wednesday, will we get 25 or nothing? what do the projections look like? i want to look at ubs, down 7% at the moment but basically a session i the stock. it was down as much as 16% early on in the session. the other name we need to talk about his first republic here on this side of the atlantic. i keep going back to the news of last week, 11 banks trying to restore confidence and depositing $30
i'm lisa mateo. this is bloomberg. ♪ >> people are doing something that probably is not rational but totally understandable, which is then moving deposits and where they are moving has its out of are the smaller and medium-sized banks into the larger banks. that is not going to stop overnight. there will be a lot of repricing in the credit segment. this is going to be bumping moving forward. jonathan: that was mohamed el-erian weighing in on the solution with ubs and the banking...
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Mar 27, 2023
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lisa: with the first word, i'm lisa mateo. a failed silicon valley bank has a new owner, first citizens bancshares will buy $72 billion of the assets at a discount of 16.5 billion. as part of the deal, the fdic will get rates up to $5 million. extraordinary measures to shore up confidence in the financial system after silicon valley bank collapsed. prime minister benjamin netanyahu considering a delay in the judicial overhaul plan after a night of enraged demonstrations. thousands took to the street after he fired his defense minister for criticizing his plan to reduce the power of the supreme court. israel's main trade union wants to drag effecting departures from the airport. a demand of the meeting on vladimir putin's announcement on weapons he said russia will place tactical nuclear weapons in belarus. the valley of the security meeting is unclear. north korea has testfired two more ballistic missiles, adding to a barrage of lunches. kim jong-un had no immediate response. it came in as the largest amphibious size in five y
lisa: with the first word, i'm lisa mateo. a failed silicon valley bank has a new owner, first citizens bancshares will buy $72 billion of the assets at a discount of 16.5 billion. as part of the deal, the fdic will get rates up to $5 million. extraordinary measures to shore up confidence in the financial system after silicon valley bank collapsed. prime minister benjamin netanyahu considering a delay in the judicial overhaul plan after a night of enraged demonstrations. thousands took to the...
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Mar 8, 2023
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lisa: i am therefore it all. one they see, the art and what they are trying to appeal to? jon: how do you convince people to eat food that poisons you. [laughter] tom: this -- the founder of pangaea joins us. i have to redux what i did with annmarie hordern and and today, that house financial services committee with chairman powell is a different committee and we have gone from maxine waters of los angeles to mr. mchenry of north carolina and that is a wild shift. what is maga monetary policy. president trump and those associated with him, what is that monetary policy? >> i disagree with the premise and mr. mchenry is a solid conservative but i would not put him in the maga crowd but what the committee is largely going to do is support powell. you will see the same kind of split you did in the senate where republicans will generally say, pushing -- you pushing it and democrats will be concerned about the impacts on the vulnerable and the last one -- less fortunate and the impact of the housing market and the like
lisa: i am therefore it all. one they see, the art and what they are trying to appeal to? jon: how do you convince people to eat food that poisons you. [laughter] tom: this -- the founder of pangaea joins us. i have to redux what i did with annmarie hordern and and today, that house financial services committee with chairman powell is a different committee and we have gone from maxine waters of los angeles to mr. mchenry of north carolina and that is a wild shift. what is maga monetary policy....
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Mar 24, 2023
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lisa: massive.there is not a sense of what is going to cap the fear some have been perpetuating. jonathan: everything we have talking --been talking about all morning. other than ted lasso. episode by episode. season three is out, available on apple tv. what is this, a commercial? i knew that already. i didn't know it was all at once. lisa: do you watch it? jonathan: i watched it after it was already out. i binged that. i was not that impressed with season two. lisa: all right. jonathan: i will see what is in store for season three. everyone has an opinion. lisa: i think i should get britbox. jonathan: are you going to watch coronation street? lisa: i'm going to watch soap operas. jonathan: switch off and relax. lisa: and watch british soap operas. jonathan: other people's problems. global liquidity markets cio joins us now. this is a monster move. the two-year to see the yield down 18 basis points. no we have gotten used to moves like this, but it is unusual. to see the bond market move the way it
lisa: massive.there is not a sense of what is going to cap the fear some have been perpetuating. jonathan: everything we have talking --been talking about all morning. other than ted lasso. episode by episode. season three is out, available on apple tv. what is this, a commercial? i knew that already. i didn't know it was all at once. lisa: do you watch it? jonathan: i watched it after it was already out. i binged that. i was not that impressed with season two. lisa: all right. jonathan: i will...
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lisa mateo.erlying price pressures rose to a record. that enforces expectations the european central bank will have to raise interest rates again. consumer prices hit 8.5%. core inflation rose .3% to 5.6%. the g20 for meeting and india has failed to agree on the grinch to discuss russia's war in ukraine. the diplomats will release an outcome statement. the same thing happened last weekend at a meeting of finance ministers. both russia and china objected to the use of the word war. the biting administration is unable little -- is on a potential collision course with tech companies. is coming out with a cyber chatterjee. it will require congress to pass legislation. shares of macias -- shares of macy's are searching, the department put it than expected earnings. plus of the forecasted beat the consensus. best buy is protecting sales will fall -- is protecting -- is predicting sales will fall again this year. high inflation forcing shoppers to think twice before buying televisions, computers, and ap
lisa mateo.erlying price pressures rose to a record. that enforces expectations the european central bank will have to raise interest rates again. consumer prices hit 8.5%. core inflation rose .3% to 5.6%. the g20 for meeting and india has failed to agree on the grinch to discuss russia's war in ukraine. the diplomats will release an outcome statement. the same thing happened last weekend at a meeting of finance ministers. both russia and china objected to the use of the word war. the biting...
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Mar 28, 2023
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lisa: from with news from around the world, i'm lisa mateo.e in nashville, tennessee say the shooter killed three children and three adults at a ashen elementary school may have been annexed student. audrey hale was described as a 28-year-old white resident identified as transgender. she was shot dead by police. did the federal reserve do enough to oversee the silicon valley bank that collapsed earlier this month. a group of senators want to know this and they sent a letter to the fed chair asking if the central bank exercised its full authority to supervise silicon valley bank and other midsize banks. the head of the national security agency cybersecurity arm says popular video sharing arm tiktok is china's trojan horse. he told the conference that tiktok poses a long-term strategic concern. there have been calls to ban the app in the u.s.. a big structural change at alibaba. it is splitting its business into six main units. each of them will explore ipo or fundraising when the time is right. units will cover commerce, media and the cloud. ad
lisa: from with news from around the world, i'm lisa mateo.e in nashville, tennessee say the shooter killed three children and three adults at a ashen elementary school may have been annexed student. audrey hale was described as a 28-year-old white resident identified as transgender. she was shot dead by police. did the federal reserve do enough to oversee the silicon valley bank that collapsed earlier this month. a group of senators want to know this and they sent a letter to the fed chair...
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lisa m.: with the first word, on lisa mateo.lan following a derailment last month in ohio. it will install more trackside heat detectors and explore the use of newer types of sensors. norfolk southern had another derailment in ohio over the weekend. this one did not involve hazardous materials. ukraine says russian forces are trying to cut off a besieged city. the attack is preventing ukrainian troops from reaching residents who want to evacuate. russians will probably not be able to -- for the second time this year, tesla is cutting prices. the electric vehicle maker is reducing the price of the model s to just under $90,000. tesla slashed prices earlier up to 20%. yes, the new formula one racing season began over the weekend in bahrain. max first at began his -- formula one has become a sensation in the u.s. thanks in part to the netflix series drive to survive. we spoke to chris warner. >> have seen -- we have seen massive growth. drive to survive has introduced formula one to a whole new audience and very much an american au
lisa m.: with the first word, on lisa mateo.lan following a derailment last month in ohio. it will install more trackside heat detectors and explore the use of newer types of sensors. norfolk southern had another derailment in ohio over the weekend. this one did not involve hazardous materials. ukraine says russian forces are trying to cut off a besieged city. the attack is preventing ukrainian troops from reaching residents who want to evacuate. russians will probably not be able to -- for the...
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Mar 19, 2023
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lisa: the banking industry runs on trust.ltimately when you put your money in a bank, you can get it back out when you want it. when that trust is broken, how it does that spiral in a system that feeds on itself and that's what regulators are trying to stave off and asking the question is it enough? jonathan: if you are just tuning in, lisa and i have been talking about this for the last two hours. just the way this came to a deal -- first one billion, then to billions, you -- taking over credit suisse well below its market cap. joining us is the chief global strategist -- usually it is good morning or good evening on a sunday. do you feel more or less confident after this weekend? >> i think on friday, we were worried about what could come over the weekend. lisa: in about 13 minutes, we will see the cash futures open for stocks. i wonder what you are watching for as markets open to understand the tenor of how this is being received. >> like you just said, the banking sector runs on confidence. we just need to see what the se
lisa: the banking industry runs on trust.ltimately when you put your money in a bank, you can get it back out when you want it. when that trust is broken, how it does that spiral in a system that feeds on itself and that's what regulators are trying to stave off and asking the question is it enough? jonathan: if you are just tuning in, lisa and i have been talking about this for the last two hours. just the way this came to a deal -- first one billion, then to billions, you -- taking over...
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i am lisa mateo. this is bloomberg. >> any time you have a bank failure like this, bank management clearly failed, supervisors failed, and the regulatory system failed red a tearing approach make some sense . it doesn't need to be the same role for all banks. but we do need stronger rules for firms of this size. stronger rules for capital and liquidity. it will be important. >> the federal reserve over the last couple of days testified on capitol hill. you heard a line. bank management clearly failed. super vials failed. the regular tray system failed. take management failed. they lost the job. supervisors failed, and what will happen to them? specially because a lot of people question whether -- you've asked this question. is it a regulatory issue or enforcement issue? it is a failure to act under provisions where you have the capacity to act and the information to act. how do you solve this problem? >> you've mentioned this. he's probably not the right guy to be on capitol hill over the last couple
i am lisa mateo. this is bloomberg. >> any time you have a bank failure like this, bank management clearly failed, supervisors failed, and the regulatory system failed red a tearing approach make some sense . it doesn't need to be the same role for all banks. but we do need stronger rules for firms of this size. stronger rules for capital and liquidity. it will be important. >> the federal reserve over the last couple of days testified on capitol hill. you heard a line. bank...
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Mar 17, 2023
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: lisa:?30 billion with a 120 day window and the semantics of the word deposit. i think it's going to be great to discuss not only the idea of what is a deposit, the semantics of this word i feel like i'm in a bed book or something. lisa: by the end of today we have no idea the path that we've been seeing. going to have to see what the reaction function in central banks really is if inflation still is as christine lagarde said the pre-eminent concern. tom: first republic bank under 27 is where we are this morning. with a few seconds left on a friday, what in extraordinary week by team bloomberg surveillance. the character of the guests. i'm sure all three of us have a different favorite guest. lisa: a lot of wonderful voices on a difficult week. tom: bob diamond this afternoon on bloomberg. ♪ this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. jonathan: this feels like we have one more long trading session ahead of us. live from new york, good morni
: lisa:?30 billion with a 120 day window and the semantics of the word deposit. i think it's going to be great to discuss not only the idea of what is a deposit, the semantics of this word i feel like i'm in a bed book or something. lisa: by the end of today we have no idea the path that we've been seeing. going to have to see what the reaction function in central banks really is if inflation still is as christine lagarde said the pre-eminent concern. tom: first republic bank under 27 is where...
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tom: lisa: i am -- lisa: i am watching jobs.ve gotten 10 upside surprises consecutive. the longest freak on late -- streak on labor markets going back decades. when you look at that kind of surprising upside momentum some, when do we start to say we are misunderstanding something in a labor market that is unique? tom: i would suggest is the third tranche, what is called the biden stimulus. the fact is that we had a big pop and it is there and it is still there as it fades out over time. you know. that is all there is to it. futures up 16. the vix under night teen 18.79. stay with us. ♪ lisa m.: keeping you up-to-date with the first word. the dow cuts are not over at meta. bloomberg learned that the company is planning a new round of layoffs and will cut thousands of employees as soon as as week. in november meta eliminated 11,000 jobs, 13% of the workforce. kim -- the sister of kim jong-un issued a new warning to the u.s. in south korea. she is threatening severe consequences of the two countries go ahead with joint military dri
tom: lisa: i am -- lisa: i am watching jobs.ve gotten 10 upside surprises consecutive. the longest freak on late -- streak on labor markets going back decades. when you look at that kind of surprising upside momentum some, when do we start to say we are misunderstanding something in a labor market that is unique? tom: i would suggest is the third tranche, what is called the biden stimulus. the fact is that we had a big pop and it is there and it is still there as it fades out over time. you...
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Mar 3, 2023
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i am lisa mateo. this is bloomberg. ♪ oh booking.com, ♪ i'm going to somewhere, anywhere. ♪ ♪ a beach house, a treehouse, ♪ ♪ honestly i don't care ♪ find the perfect vacation rental for you booking.com, booking. yeah. >> with what we are worried about, is chinese backed companies being on tens of millions of american bones, including members of the military. privacy concerns, data concerns, disinformation concerns. that is not just implied tiktok. jonathan: if you are concerned, what are you going to do about it? gina raimondo, the u.s. secretary on tiktok. the last administration talked about this. the kind administration is talking about this. what has happened? not much. lisa a: tiktok is trying to get ahead of it saying they are going to limit the type of people on -- a people under the age on tiktok to just 60 minutes. i am sure people will just be lying about their age. this is basically lipservice. tom: one day, a guy who moves terminals worldwide said the same words my dad set around televisi
i am lisa mateo. this is bloomberg. ♪ oh booking.com, ♪ i'm going to somewhere, anywhere. ♪ ♪ a beach house, a treehouse, ♪ ♪ honestly i don't care ♪ find the perfect vacation rental for you booking.com, booking. yeah. >> with what we are worried about, is chinese backed companies being on tens of millions of american bones, including members of the military. privacy concerns, data concerns, disinformation concerns. that is not just implied tiktok. jonathan: if you are...
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Mar 19, 2023
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lisa: very little. people are going to be looking for monday morning, european banks, how do they trade and how much contagion risk is there? do people view this as a uniquely credit suisse issue that has been going on for a long time? jonathan: sonali basak is joining us, mike mckee and kailey leinz. talk me through the numbers for people tuning in. >> there are a few things to member about this deal and it tells you how much a bank is worth under a time of stress. a ratio of more than 170. this is a deal that brings you to the share price of less then 99% less of what credit suisse was work -- was worth at its 2007 peak. this is also difficult for ubs and you have some things to watch. this is a tremendous impact on the job market, particularly investment banking and possibly wealth management given that these firms have synergies. then there are the investors to think about. you've been talking about it all evening -- these facts that these bonds will be wiped out and that makes you look at the entir
lisa: very little. people are going to be looking for monday morning, european banks, how do they trade and how much contagion risk is there? do people view this as a uniquely credit suisse issue that has been going on for a long time? jonathan: sonali basak is joining us, mike mckee and kailey leinz. talk me through the numbers for people tuning in. >> there are a few things to member about this deal and it tells you how much a bank is worth under a time of stress. a ratio of more than...
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Mar 16, 2023
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i am lisa mateo.s is bloomberg. ♪ this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david! connect with an advisor to create your personalized plan. let's find the right investments for your goals. okay, great. j.p. morgan wealth management. >> if you do not manager balance sheet well and you do not manage more well, it will be a matter of time before you see trouble. i do not think it is a lehman moment. i think this is bad and can get out of control by do not think central banks or anyone else can and watch this. jonathan: the saxo bank founder and ceo. credit suisse looks a little something like this. up by about 23% in swiss trading after tapping the s&p for 50 billion swiss franc overnight. we are back to around 2.10. this from jp morgan earlier. "we cs snb liquidity support as not enough. we believe the situation is about ongoing strategy in the franchise er
i am lisa mateo.s is bloomberg. ♪ this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david! connect with an advisor to create your personalized plan. let's find the right investments for your goals. okay, great. j.p. morgan wealth management. >> if you do not manager balance sheet well and you do not manage more well, it will be a matter of time...
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Mar 9, 2023
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lisa: that is not my reality.arthed and has been behind what we've been witnessing over in the eastern european region. tom: i can't say enough about it with the clarity of 4, 5 years ago mr. browder joins us this morning. bill, i can go eight ways here but i can't. we've got a battle going on in ukraine. the russians had to stop the nazis and they did with a wall of bodies. translate that cannot walk that mr. putin knows over what we are witnessing in eastern ukraine this evening. >> putin basically doesn't care about the number of casualties. he has this huge military advantage that debt this -- death of his soldiers doesn't make him sleep worse at night so they're losing soldiers at a rate of five to one. they were throwing convicts, conscripts, and anyone else who they've been able to corral into this meatgrinder. they are throwing them into battle. these people often times don't even have the proper armor, guns, or whatever and they're being shot down on a major basis. the purpose of this is to try to soften
lisa: that is not my reality.arthed and has been behind what we've been witnessing over in the eastern european region. tom: i can't say enough about it with the clarity of 4, 5 years ago mr. browder joins us this morning. bill, i can go eight ways here but i can't. we've got a battle going on in ukraine. the russians had to stop the nazis and they did with a wall of bodies. translate that cannot walk that mr. putin knows over what we are witnessing in eastern ukraine this evening. >>...
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Mar 14, 2023
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am lisa mateo. ukraine's what amir zelenskyy said to be planning a video call in what would be their first conversation since russia's invasion. wall street journal reported it could, after xi visits moscow, a trip that may happen next week. as an biden says he expects to speak with china's leaders soon once the government and beijing returns to work following the national people's congress. credit suisse ceo says the bank has seen inflows of client funds on monday after markets and u.s. banks were pummeled by the collapse of silicon valley bank. >> so far it is pretty calm. even saw material good inflows yesterday. i had a client meeting which was very positive. so far it is calm. lisa: she spoke exclusively with bloomberg's francine. federal home loan banks ripping up desk ramping up the amount of cash. more regional lenders will need it to tap into funds. the fhlb system a key source of cash for regional lenders raised $88.7 billion through the sale of short-term notes, exceeding the $64 billion
am lisa mateo. ukraine's what amir zelenskyy said to be planning a video call in what would be their first conversation since russia's invasion. wall street journal reported it could, after xi visits moscow, a trip that may happen next week. as an biden says he expects to speak with china's leaders soon once the government and beijing returns to work following the national people's congress. credit suisse ceo says the bank has seen inflows of client funds on monday after markets and u.s. banks...
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Mar 15, 2023
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lisa m.top shareholder ruled out providing more financial assistance to the bank. >> the answer is absolutely not. for many reasons. outside the simplest reason, which is regulatory and statutory. now own 9.8% of the bank. if we go above 10% of all kinds of new rules kick in. whether it be by our regulator or the swiss regulator. we are not inclined to get into a new regulatory regime. lisa m. the saudi national bank chairman spoke to bloomberg in riyadh. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm lisa mateo, and this is bloomberg. ♪ retirement tools and advice can help you get there. that's the value of ownership. what will you do? will you make something better? create something new. odell technologies advisors can provide you with the tools and expertise you need to bring out the innovator in you. wow. we're crunching tons of polygon's here. what's going on? where's regina? hi, i'm lad
lisa m.top shareholder ruled out providing more financial assistance to the bank. >> the answer is absolutely not. for many reasons. outside the simplest reason, which is regulatory and statutory. now own 9.8% of the bank. if we go above 10% of all kinds of new rules kick in. whether it be by our regulator or the swiss regulator. we are not inclined to get into a new regulatory regime. lisa m. the saudi national bank chairman spoke to bloomberg in riyadh. global news 24 hours a day, on...
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Mar 25, 2023
03/23
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our lisa desjardins reports.years, flaring -- test: i am so upset i have to stand before this board. lisa: rising. >> you all beasley have a fully formed opinion. lisa: and sometimes warring -- roaring debates over schools and kids have now reached the u.s. capital. >> should parents have the right to be involved in their child's education? that is the question before us. >> what about the rights of our students? what about the rights of young people? why are my republican colleagues not advocating for students? lisa: where house republicans today passed what they call a priority bill. it is hr five, called the parents bill of rights. it would require that parents be allowed to see curriculum plans, lists of materials and can look at any available books. also that they will be told about school budgets and any incidents of violence. republicans say it is simple. it comes out of years of covid lockdowns and parent sidelining that led to tension and this. a department of justice notice in about threats to teachers
our lisa desjardins reports.years, flaring -- test: i am so upset i have to stand before this board. lisa: rising. >> you all beasley have a fully formed opinion. lisa: and sometimes warring -- roaring debates over schools and kids have now reached the u.s. capital. >> should parents have the right to be involved in their child's education? that is the question before us. >> what about the rights of our students? what about the rights of young people? why are my republican...
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Mar 10, 2023
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i am lisa mateo.is bloomberg. ♪ this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. prizefighter... ...meets trailblazer. ♪ ♪ classic meets modern. ♪ at morgan stanley, we may seem like a contradiction...and we are. ♪ ♪ at 87 years old, we still see the world with the wonder of new eyes, ♪ helping you discover untapped possibilities ♪ and relentlessly working with you to make them real. ♪ partnering to unlock new ideas, ♪ to create new legacies, ♪ to research, innovate, collaborate, ♪ and build the way to transform a company, industry, economy, generation. ♪ because grit and vision working in lockstep puts you on the path to your full potential. ♪ >> a lot of conversations we currently have with clients evolve around monetary policy is not as effective anymore and tightening financial conditions and possibly getting demand under control. if that narrative gains traction, you could easily overshoot peak rates currently price. jonathan: inamed -- it is amazin
i am lisa mateo.is bloomberg. ♪ this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. prizefighter... ...meets trailblazer. ♪ ♪ classic meets modern. ♪ at morgan stanley, we may seem like a contradiction...and we are. ♪ ♪ at 87 years old, we still see the world with the wonder of new eyes, ♪ helping you discover untapped possibilities ♪ and relentlessly working with you to make them real. ♪ partnering to unlock new ideas, ♪ to...
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Mar 13, 2023
03/23
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i'm lisa mateo. this is bloomberg. ♪ this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. your supply chain and ryder makes sure you're ever delivering with freight brokerage to transportation management, truckload capacity and dedicated trucks and drivers. jonathan: it feels like we have a long week ahead of us. equity futures turning lower, negative by more than .1% on the s&p 500. unprecedented over the weekend, the treasury, federal reserve, fbi see looking to shore up the financial industry in the united states of america. tom: and do it in the real-time getting trust and confidence into the system and beginning to think about where are we heading and what did we get wrong here and what do we need to do to fix it, maybe feeling a bit 2009? jonathan: did we scrap the limit overnight? tom: that it insulting to upper middle-class. it should be up to 40 million because i'm on my gulfstream from montana and can't decide to land at sfo or palo alto hilliard
i'm lisa mateo. this is bloomberg. ♪ this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. your supply chain and ryder makes sure you're ever delivering with freight brokerage to transportation management, truckload capacity and dedicated trucks and drivers. jonathan: it feels like we have a long week ahead of us. equity futures turning lower, negative by more than .1% on the s&p 500. unprecedented over the weekend, the treasury, federal...
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Mar 13, 2023
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lisa: senator jon tester in montana, thank you. sen. tester: appreciate the visit with you, lisa.. ♪ john: since russia invaded ukraine last year, mw has continued its clampdown on independent media within its borders. many russian journalists fled rather than risk imprisonment for not toeing the government's line. one of them is journalist mikhail zeiger, whose book "war and punishment: putin, zelensky, and the path to russia's invasion of ukraine" is coming out in july. thanks so much for joining us. mikhail: thank you for having me. john: you left moscow for berlin on february 27, 2022. that was three days after the invasion. you said it was clear you had to leave. why? mikhail: yeah, i felt like it was my moral obligation. i knew that you cannot live in a fascist country. and if your country invades another independent country, you have to fight against it. i was like the first hours after the invasion. i've written an open letter that was cosigned by russia's prominent writers, filmmakers. and afterwards, it was reposted and gned by millions of russians. but that was obvious
lisa: senator jon tester in montana, thank you. sen. tester: appreciate the visit with you, lisa.. ♪ john: since russia invaded ukraine last year, mw has continued its clampdown on independent media within its borders. many russian journalists fled rather than risk imprisonment for not toeing the government's line. one of them is journalist mikhail zeiger, whose book "war and punishment: putin, zelensky, and the path to russia's invasion of ukraine" is coming out in july. thanks so...
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Mar 1, 2023
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i am lisa mateo. in china, the economy is showing signs of a stronger rebound after bigresearch's were abandoned it manufacturing posted its biggest improvement in more than one decade. meanwhile, service activity climbed, and the housing market stabilized. in northeastern greece, at least 36 people have been killed in a train crash. 85 others have been injured. authorities say the passenger chain collided with a freight train just before midnight. it started a fire. the passenger train was traveling between two popular tourist destinations. lori lightfoot has become the first mayor of chicago in 40 years to lose a bid for reelection. she finished third in tuesday's election. on april 4, a runoff will pit the former chicago schools chief against cook county commissioner randall johnson. lightfoot was unable to overcome voter dissatisfaction with chicago's rising crime and slow economic recovery. christopher wray says the fbi has previously determined of the covid virus originate from a potential lab i
i am lisa mateo. in china, the economy is showing signs of a stronger rebound after bigresearch's were abandoned it manufacturing posted its biggest improvement in more than one decade. meanwhile, service activity climbed, and the housing market stabilized. in northeastern greece, at least 36 people have been killed in a train crash. 85 others have been injured. authorities say the passenger chain collided with a freight train just before midnight. it started a fire. the passenger train was...
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Mar 9, 2023
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lisa: d.c.culean rewrite of its outdated code that is over a century old. the resulting plan more clearly defines crimes, erases most mandatory minimum sentences, and lowers some maximum penalties in exchange for a tiered, more tailored system. city council passed it overwhelmingly. violent crime is down in the district compared to last year. but homicides have spiked, prompting mayor muriel bowser to veto the measure. mayor bowser: any time there's a policy that reduces penalties, i think it sends the wrong message. lisa: city council doubled down, overriding her veto. kenyan: so, all the fearmongering is totally unnecessary, hyperbolic. lisa: then, d.c., hit a bigger hurdle. rep. comer: the d.c. revised criminal code act of 2022 is irresponsible. it's dangerous. lisa: congress got involved. the constitution gives it direct power over d.c. laws, and the republican-led house pounced. rep. scalise: we see stories of carjackings every day. and what did the d.c. council do? they passed a resolution
lisa: d.c.culean rewrite of its outdated code that is over a century old. the resulting plan more clearly defines crimes, erases most mandatory minimum sentences, and lowers some maximum penalties in exchange for a tiered, more tailored system. city council passed it overwhelmingly. violent crime is down in the district compared to last year. but homicides have spiked, prompting mayor muriel bowser to veto the measure. mayor bowser: any time there's a policy that reduces penalties, i think it...
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Mar 7, 2023
03/23
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..and his puppy raiser, lisa.0 households giving their time for free to help raise guide dog puppies for around a year. it's opened up a whole new world. i've met lots of new friends, i'm part of... i feel part of a community that i wasn't before. not only that, obviously you're doing something very good, at the end of the day. it sounds exciting, but it's a big commitment. puppies like archie live at home and often need attention around the clock. as much as it's your instant reaction, "puppy, puppy, puppy," you know, "let's go for it. a cute little puppy," you've got to remember that it's a lot of work. it's... being a puppy raiser is hard work, especially at the beginning. volunteers take their puppies with them to everyday places, from restaurants to supermarkets and on buses and trains, to help get them ready for their future working lives. at the end of the day, ijust remember i'm doing this to enable somebody who's not as fortunate as me, that can't see, to actually get some independence. archie, touch! vol
..and his puppy raiser, lisa.0 households giving their time for free to help raise guide dog puppies for around a year. it's opened up a whole new world. i've met lots of new friends, i'm part of... i feel part of a community that i wasn't before. not only that, obviously you're doing something very good, at the end of the day. it sounds exciting, but it's a big commitment. puppies like archie live at home and often need attention around the clock. as much as it's your instant reaction,...
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Mar 20, 2023
03/23
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lisa? reggie: can you hear us, lisa? lisa: good morning. no dad's here to talk about that.e looking at a cool and dry day for the first day of spring. our satellite picture looks like we are in the dead of winter. 7. it will miss us but we will feel the effects of it through the morning and afternoon hours with rain and wind. it is 50 in half moon bay. a camera shows some of the cloud cover. cool numbers in the north bay. we will be looking at the rain moving in later on tonight. drawn for the first day of spring. to an inch of rain will fall throughout the day tomorrow. here's a look at what you could expect as you head in tomorrow. by the afternoon the wind peeking before 5:00 in the afternoon. low-pressure offshore moving parallel to the coast. that will bring wind but not like we saw last week where we saw the sony for mile-per-hour wind gusts. there is a look at the wind coming in behind the system and you will notice mid and u 50's today. not bad out there. back to you. kumasi: thank you. now we checking in with ginger. reggie: good morning, ginger. ginger: nice to be
lisa? reggie: can you hear us, lisa? lisa: good morning. no dad's here to talk about that.e looking at a cool and dry day for the first day of spring. our satellite picture looks like we are in the dead of winter. 7. it will miss us but we will feel the effects of it through the morning and afternoon hours with rain and wind. it is 50 in half moon bay. a camera shows some of the cloud cover. cool numbers in the north bay. we will be looking at the rain moving in later on tonight. drawn for the...
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Mar 12, 2023
03/23
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liz: lisa, thank you. new video this morning, thousands of people forced out of their homes as floods overtake streets and neighborho county. this happened after a levee broke along the pajaro river early saturday morning. people are waiting for it to subside so they can get home as soon as possible. the monterey county crews have made it nearly 90 rescues over the past day. the damage in that area is some of the worst we have seen since last week's atmospheric river. those evacuations and rescues, as more rain is on the way. as abc 7 news reporter j.r. stone tells us, some people are being warned now about their drinking water. j.r.: complete neighborhoods underwater saturday after this 120-foot-wide levee breach along the pajaro river in monterey county. >> we got notice that the levees were overtopping in water for some of the levee broke. three miles upstream, the size of a train car. >> it is a tremendous amount of water that continues to accumulate as we speak. j.r.: during a press conference, offici
liz: lisa, thank you. new video this morning, thousands of people forced out of their homes as floods overtake streets and neighborho county. this happened after a levee broke along the pajaro river early saturday morning. people are waiting for it to subside so they can get home as soon as possible. the monterey county crews have made it nearly 90 rescues over the past day. the damage in that area is some of the worst we have seen since last week's atmospheric river. those evacuations and...
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Mar 16, 2023
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lisa desjardins takes a deeper look.ukraine today, life, death, and explosions on repeat in the battle for the eastern front. but the future of this war and the people here now may depend on something new, a fast-rising political conflict. rep. greene: no money to ukraine, and that country needs to find peace, not war. [cheering and applause] steve: we are not a european power. we are a pacific power. lisa: republicans, once defined as cold war hawks distrustful of russia, are quickly and sharply splitting over u.s. support of ukraine. and they're doingt in prime time. tucker: last week, we nt a questionnaire to every republican presidential candidate, announced and potential, asking about ukraine. lisa: fox news host tucker carlson aiming to put ukraine at the center of the 2024 gop race. former president donald trump responded, saying, "ukraine should expect little money, unless russia keeps prosecuting or pushing the war." trump has long questioned the amount of funding for ukraine and how much europe is contributing,
lisa desjardins takes a deeper look.ukraine today, life, death, and explosions on repeat in the battle for the eastern front. but the future of this war and the people here now may depend on something new, a fast-rising political conflict. rep. greene: no money to ukraine, and that country needs to find peace, not war. [cheering and applause] steve: we are not a european power. we are a pacific power. lisa: republicans, once defined as cold war hawks distrustful of russia, are quickly and...
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Mar 1, 2023
03/23
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lisa knows this could be the last time she sees fergal. my friends, family, people i meet in the street, i'd love to do what you're doing, but i couldn't do it because i couldn't give the dog back. if i can do it, anybody can do it. as a guide dog user of more than 23 years, i know the theory of what volunteers like lisa go through, but being there for the moment of handover was as beautiful as it was poignant. it's hard, but you've got to remember, why are you doing it? you know, people have to help people. there's not enough of it in this world. we are needed — people like us and needed so much to help people like you. the tears are worth it. hello there. we're starting off with the weather news that february was a very dry month across the whole of the uk, but particularly so in england. the driest in england for 30 years, and parts of essex only had 3.5 millimetres of rain for the whole month. now, this is the satellite picture from wednesday. you can see the extent of the cloud across the uk, but look closely, we've got some clearer s
lisa knows this could be the last time she sees fergal. my friends, family, people i meet in the street, i'd love to do what you're doing, but i couldn't do it because i couldn't give the dog back. if i can do it, anybody can do it. as a guide dog user of more than 23 years, i know the theory of what volunteers like lisa go through, but being there for the moment of handover was as beautiful as it was poignant. it's hard, but you've got to remember, why are you doing it? you know, people have...
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so much no, lisa. lisa: and cold weather. it's like we cannot turn the heat off ever.e chilly air associated with this cold front which is several hours away. here is live doppler 7, you can see the thunderstorms well to the north which will come into play as we get into overnight tonight into your sunday. winter weather advisory for mount st. helena through tomorrow, this is a level 1 system for the weekend bringing rain, gusty winds, snow of the highest peaks and chance of thunderstorms. 8:00, spotty showers but for marin through the peninsula and highway 1 but here comes the cold front on the move at 10:00, pushing through the north bay. by noon time, it is almost out of the east bay and south bay will be hard-pressed to make it near 50. we will see another line of rain through tonight and you can see the bulk of the day, 1:00 this afternoon, a few isolated showers, it is dry, the winds will be pretty breezy with the of showers poised to move through late tonight. the first rain band coming through this morning is a cold, breezy day with more low snow levels. liz: t
so much no, lisa. lisa: and cold weather. it's like we cannot turn the heat off ever.e chilly air associated with this cold front which is several hours away. here is live doppler 7, you can see the thunderstorms well to the north which will come into play as we get into overnight tonight into your sunday. winter weather advisory for mount st. helena through tomorrow, this is a level 1 system for the weekend bringing rain, gusty winds, snow of the highest peaks and chance of thunderstorms....
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Mar 31, 2023
03/23
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we'll say one more thing about lisa marie in that amazing story.n things were darkest, she lost connection with her children, with her daughter. and since she's come back, she's re-established a relationship with her daughter. they're tighter than ever, and that's one of the more special things. >> that's wonderful. she's full of so much gratitude and, you know, being that role model now, you know, anyone that's going into that program, they've got to have the utmost respect for her because they know, you know, where she has been. >> she has been there. >> awesome job. >>> let's talk about the weather. definitely moving in the right direction. >> yeah, kind of uplifting for all of us here. if you've had to deal with any kind of storm damage, you've been cleaning up for weeks on end here. we know it has been more than rough for us. so getting a little bit of that sunshine has been quite a mood boost here for us across the bay area. so as we take it into that microclimate forecast, i also wanted to give you a look at the other top weather headline co
we'll say one more thing about lisa marie in that amazing story.n things were darkest, she lost connection with her children, with her daughter. and since she's come back, she's re-established a relationship with her daughter. they're tighter than ever, and that's one of the more special things. >> that's wonderful. she's full of so much gratitude and, you know, being that role model now, you know, anyone that's going into that program, they've got to have the utmost respect for her...
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Mar 11, 2023
03/23
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cornell barnard is in marin county and meteorologist lisa argen. lisa, let's start with you. lisa: we are looking at scattered showers. live doppler 7 in the north bay and that has been the last couple of hours. highway 1, bodega bay certainly wet, but further to the north, granville, highway 116, little more water and we do not need it. anywhere from one third to a couple of hundredths. here is where we have the flood warning the next hour or so. else where the flood watch has been discontinued for the bay area but for the delta, looking at excessive rainfall. it will be in the 50's today. scattered showers today will be the less rainy day and look at that feathered friend saying hello. by the afternoon we pick up on a little more rain through the overnight. we will talk totals and a rainy oscar sunday, as well as the atmospheric river moving on in monday night. liz: thank you. people in the north bay are cleaning up, drying out and assessing the damage after getting hit by the storm. cornell barnard is live in mill valley with the latest. good morning. cornell: good morning
cornell barnard is in marin county and meteorologist lisa argen. lisa, let's start with you. lisa: we are looking at scattered showers. live doppler 7 in the north bay and that has been the last couple of hours. highway 1, bodega bay certainly wet, but further to the north, granville, highway 116, little more water and we do not need it. anywhere from one third to a couple of hundredths. here is where we have the flood warning the next hour or so. else where the flood watch has been...
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Mar 26, 2023
03/23
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i am liz kreutz here with m meteorologist lisa argen. lisa: we are starting off cool. temperatures continue to drop. nice view from our tower camera. 44, downtown. you can see the camera shaking. a bit of a breeze has kept those temperatures in the 40's. for our inland valleys it is cold. 34, santa rosa. until 9:00 we could see temperatures dropped another few degrees. that frost advisory will be with us through tomorrow morning. through the next hours nothing but son. low to mid 50's. we timeout the storm, coming up. liz: structure closed in petaluma because of more recent damage from storms. exposed an underground line. crews have been working to reroute the line hoping to finish around 9:00 this morning. fire officials say even though we haven't had rain in the last couple of days the land is still moving there stop moving there. >> pg&e cruise in a race against time and the elements to reroute a main pg&e gas distribution line. >> significant event we have had during the storm. >> this storm because they gas -- caused a landslide that exposed a gas line. officials
i am liz kreutz here with m meteorologist lisa argen. lisa: we are starting off cool. temperatures continue to drop. nice view from our tower camera. 44, downtown. you can see the camera shaking. a bit of a breeze has kept those temperatures in the 40's. for our inland valleys it is cold. 34, santa rosa. until 9:00 we could see temperatures dropped another few degrees. that frost advisory will be with us through tomorrow morning. through the next hours nothing but son. low to mid 50's. we...
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Mar 25, 2023
03/23
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lisa: that's right. sunshine, cool conditions, breezy winds, and another storm on the way, just a week apart from the last one where the winds are going to kick up monday night and it will be a level two on tuesday once again a live doppler 7 picking up on high pressure that allowed for the bay area to enjoy a couple dry days in the wind on top of enhance and get stronger after't least we have shut the precipitation off for a little while. as we look outside in the south bay, beautiful blue sky, 46 san francisco, palo alto at 47, san jose, santa clara, and oakland half moon bay. the golden gate bridge, good visibility and it will get 20 windy at the coast. 41 santa rosa and livermore with 44 in napa, 46 novato so the cove looks awfully cold, doesn't it? we are looking at another several feet of snow coming into play late monday into wednesday as the storm system will bring rain and wind and again the area of low pressure is not quite sure how close it will get to the coast. that will determine how much r
lisa: that's right. sunshine, cool conditions, breezy winds, and another storm on the way, just a week apart from the last one where the winds are going to kick up monday night and it will be a level two on tuesday once again a live doppler 7 picking up on high pressure that allowed for the bay area to enjoy a couple dry days in the wind on top of enhance and get stronger after't least we have shut the precipitation off for a little while. as we look outside in the south bay, beautiful blue...