look. look. look look. look. look. look look look. look look. look look look look look look look. look good bad luck to compare me to the man you. listen to in the book to keep you more good news bad. news. i'm very proud of. them. coming to me. love. the book. because it. can get some. good news. outlets. thank you. thank you. with. the. sound of. music. at. the hedge. fund it. thank you. thank you you. thank . well. the movement. of spirits here the. pizza never saw a crowd of. them on the beat. they have a particular beat. i ask her to come. to class. players to. talk. the most fun. i've ever seen i am going to move. out. my. mom. give me. a good meal here. i'm here with my mom i'm here with me oh good. to meet him on the mountain from the gods and. i just thought i'm going. to class. outline. the book. got. to. move the movie. get out come. get me. to let me. just put some. more. claim. clay. clay. told. live. from atlanta clay. played on the bowling alley. loeffler cutler. played. with the knights. which runs around someone you love. or someone you don't talk. with your. see

a live look for you. the bay bridge toll plaza. right there you can see a lot of people there. we'll have a look at your traffic coming up right after the breakwatching today in the bay. >>> good morning. on today's watch list a report on consumer credit such as cash advances the dow closing up 29 points. the nasdaq rising to 7859. it appears to buying things with alexa. very few owners have used them for shopping. of about 50 million alexa users only 100,000 bought something. the amazon echo and other devices used for the expected every day purposes of listening to music, asking about the weather and setting timers. >>> the movie ticketing service will limit to seeing three month aoncurrently users can see one movie a day. 85% actually see three or fewer a month. movie time is announcing it will not be raising prices to $14.95 or limit access to new releases, things it said it would do next week. >> the deals keep -- it's like sale and it's not really. >>> older americans are increasingly turning to bank

and specifically, we're looking at this year on looking at the quality assurance plans that the c.b.o.s have and looking specifically at what they're doing around chart monitoring and documentation monitoring and making sure that all of those elements are in place that meet the standards, and giving feedback. another area that we've invested is our business management software, which we can look real-time what -- how the organizations are doing, around service delivery or around their performance objective, and on real-time, be able to figure out what's good on, is there improvements we could make, what are the gaps and what are the needs. so that is one thing that i wanted to share specifically around real-time measurements. around civil service performance which still falls under the provider performance, number two recommendation that i want to highlight, is around documentation training, performance monitoring, and corrective action plan. so in relation to that, again, many things have been going on. what's been very, very helpful is that recently in the past few years, we are looki

let's have a look at the markets.eet, less banks over the turkish lira. in european markets, we have seen them opening and they are taking their lead and they are looking pretty flat in europe right 110w. looking pretty flat in europe right now. let's look at wall street later with paul blake. well, consumer sentiment is the focus heading into friday trading here in new york. the university of michigan's bimonthly survey dates back to 19116. it aims to keep tabs on both the current attitude and the future outlook of the american consumer. that's key because consumer spending makes up about 70% of us domestic output and the mcsi, as the survey is known, is followed closely by both businesses and the government sector. the survey is conducted by phone and is the culmination of more than 500 telephone interviews that feature about 50 questions each. so what's the expectation? well, when the report is released at 10am in new york, wall street is expecting a score of 98, putting that on a scale of 100 and the economy is no

dutch banks look promising.pay dividends, they are back in the market, they know what they are doing. i would say banks and other countries are more difficult. it, you arenow asking entire banks. the cal you and banks are even not looking so bad as the market thinks sometimes, but it is more that a situation that they need to do more. it is overshadowed by the new italian government and the discussions about things. most banks in europe have done a good job, but there are better ones. in the nordics and the banks in the south. , if i take a look at the factors that we can look out -- look at and see what is working, and momentum continues to perform. rose continues to perform. you have already talked about that. at one point in the cycle, and you talk about this fishing trip you are on -- at what point in the cycle does value start to perform? when do we start to see it working? questionat is a good and we have to be cautious -- morethere, you often cyclical things. even if the global economy works very well, th

everyone looks good. >> they did look really good. >> at that point you're looking at the minutia i guessck to the guy too. >> i know. >> i want to see if he makes it. i would love to follow his story. >>> switching to traffic, we have had a light day on the roads. with one exception that would be in the trivalley before andrade. a crash is blocking the two left lanes. it started off as a stalled vehicle, make that lanes three and four are blocked right now. that actually just changed. sounds like chp was able to move that over. we have about three miles of heavy traffic from 580. a quick check of drive times we are in the green all wait around, mike. i think a lot of folks making it a four-day weekend instead of three. >> wouldn't it be nice to be one of them. hi, everybody. all right. we have a wild card team in the a's taking on the team right behind them in the mariners and if that's not enough discount on concessions. 64 dropping down to 60. we have football. the aztecs of san diego state are in town to take on the cardinal of stanford on the farm. 6:00 kickoff dropping down to 63. h

looking at howy alibaba is looking at that.aomi has been how did they look beyond china and the emerging markets? what exactly would be -- outside of india? what of the emerging countries are the target? ramy: let's focus in more on alibaba. bloomberg intelligence is forecasting a sales growth of 60%. margins are expected to fall. a part of this because of the new retail strategy. basically going online to brick-and-mortar again. how much of an impact, how much should they really be doing this? basically, is the benefit outweighing the cost in the long run? ajay: i would look at it the other way. ,here might be pressure especially if you look at the recent strategy expanding. looking at the converge retail, which is a mix of the only china retail which is a mix of online and off-line. you look at supermarket, what they have done is converging the e-commerce with a traditional retail. -- theyan interesting have not been able to do that relatively. on somewhere in between called converge retail. in the short-term this might inclu

prints look ok? >> they have been slightly stronger than expected. that is the case with the labor market. we are watching all components including trade. we are laser fixed on the investor component. the changes in policy uncertainty. if we were going to see a change either up or down, it would be around investment. it is tracking around 10%. that is what we were expecting. we do not anticipate a material rise. this fulcrum between the downside risk with respect to trade and the upside to growth because of the tight labor market and the need for businesses to automate more. that is why we are focusing on investment. >> i have to ask you the standard question i ask everyone. it has to come back to the yield curve. we have a 21 basis points. very flat. how concerned is the fed? >> i do not think they are overly concerned. i do not think they will ignore it. i think they more closely watch the tens versus the cash rate. less flat but still flat. flatter. i do not think the federal reserve will blindly

on italy,he spread looking at the chart, almost 300 over. it looks pretty cheap.re spread curve is relatively flat. it is flattening today. offfront end is selling more. similar to argentina. inverted type spread curbs. short italy. it seems attractive on a relative basis. the bond market -- lisa: to be clear, short-term debt of italy, not trying to short italian death. got it. michael: i don't think they will go bankrupt in the next four years as a country. they have been around a long time. timestamp. i nothing they will go bankrupt. you are adding on the short end. michael: yes. lisa: you have been actively maneuvering? michael: we like the front end. lisa: have you been adding? completely agree with michael on this. if you look at the front end, the breakeven is there. it is compelling. yields above where you can get most other short data fixed income instruments across europe and particularly compared to where cash is. lisa: you did mention liquidity. i do have to wonder at what point is liquidity in european markets efficient to max out these wagers? in oney

looking good but at what cost in this edition of made we look at the global beauty boom i've been fizzling thanks for joining me these days in hats in your appearance can be as easy as opening an app we tried it out on me have a look smooth the skin feel blemishes get rid of those duck rings bigger eyes perhaps and if you go a bit too far that worries just undo and start again looking to see you can even add a smile it only takes a few seconds to make yourself that much prettier looks can be deceiving especially on the internet where constantly bombarded by images of beautiful people leaving seemingly beautiful lives out to believe photo sharing platform instagram now boasts a billion uses with so many people potentially judging our appearance it's no wonder the practice of doctrine photographs is so widespread after all sometimes it seems our real selves just can't keep up. pretty pictures can earn us pretty penny especially on social media. take us. on her way to becoming. a model booker knows how much for doctoring can go into an instagram post. general. are usually noticeable places be

a nice looking drive

--we look at also bet, it is if we look at alphabets, it is up. this is on report that google a searchs planning engine, with the possibility of competition sending shares of baidu lower but helping off a bit'bottom -- alphabet's bottoms line. the 10 year yield dipping a little bit lower, but right on 3% right now as haven bonds pullback on the tech driven rally on this day. pretty interesting how it is a by day. right now, ahead of the fed at 2:00 p.m., we have the 10 year yield back above 3%. the first time since may. selloff ishat bond global, as well. equities in europe trading down. we are up by .5. we have about 44 billion euros wiped out of market capitalization. trade tension is back on top. we see it hit the energy sector. materials are pulled down by the likes of the miners. the only area of gains on the imap function is showing health care and it tends to be that haven. i want to dig into european earnings that have been swayed to a larger and lesser extent by trade tensions. check out my board. miners have and pulled down by trade conc

the rest of the area looks nice. this is all looking great heading towards the bay bridge.ve a problem with san mateo bridge camera. it has been going back and forth. the fast track kicking in right now. back to you. >> thanks. >>> next a look at the stories including a big warning for parents of young kids this morning. the new report overnight raising concerns about what's in your baby's food. >> happening now 6:51, reparations underway. a funeral will be held on saturday for the victims. the funeral will also mark a national day of mourning. at least 39 people died when a highway bridge collapsed. sadly they expect the death toll to rise. >> more than two dozen people recovering from carbon monoxide poisoning. they say it came from a beverage machine. more news right after this break. welcome to the xfinity store. thanks, janet. it's my happy place. you can learn how to switch to xfinity mobile, a new wireless network that saves you cash. and you can get 5 lines of talk and text included with your internet. and over here i'm having my birthday party. dj fluffernutter, hi

we have and any forward looking forecasts, we can look at. and a variety of sources where possible. for inflation we'll look at break-even inflation and i'll go through that. there's a survey of the economic forecasters and we look at investment consultants and the federal reserve policy has an impact. looking at historical, there was a period that many of you are aware of in the 1970s and 1980s with very high inflation but pretty much since that time inflation has been much lower levels and persistently lower levels. and this has 180 large public plans across the country and the bars represent the distribution between the fifth percentile assumption in that database. and the indictments represent what our assumptions have been historically. and you can see that there's been an obvious movement downward in those price inflation assumptions. and right now, actually, as of 2016, 3% was the median assumption nationally. i think that drops to 2.75% with the latest data. if we look at california systems, they've followed a similar pattern but are

a look at our weather right now. looking good? >> yeah. starting out this week no need for a makeover. we are looking at cloud di skies. the only issue will be the air quality. there may be more drifts of smoke today. it is going from good to moderate today. you may notice a difference today and may limit your time outside. this is for all of the bay area even including the coast. check out the seven day forecast up at the bottom of the screen. as we get a look our highs reaching up to 85 in concord. we are coming down from the very hot temperatures we have had recently. much more of an ocean breeze helping to cool us off even for the inland areas. it is 79 in san jose. we are keeping the same temperatures in san francisco. santa rosa reaching 77. live look outside in san jose. getting dressed this morning it is the day for light long sleeves that will keep you comfortable throughout the afternoon. if you're going to the a's game it will be at about 61 degrees. so that's a call for the long sleeves, the jacket and maybe even a hat to keep

looking at property here.o bring up a chart from our gtv library showing the chinese housing market over the last seven years. i should say these are average prices for new homes. we have seen the price on the way up. we have new home prices at the 5.7%., but we have seen stabilization take place. is there any cause for concern? see continued rising home prices. the trend is not to celebrating. the government policy has been in place for a year and a half, and for this property cycle in terms of price, it is far more resilient and in the past. rishaad: it is come but still keeps going up. there is an affordability issue here in the tier one cities. how is that being looked at through the prism of the regulators in beijing? it is a part of the economy that has been deemed too big to fail. >> the key risk is a persistently high home price will lead to strong response from the government in terms of policy, so we expect to see more tightening measures put in place. such measures will be implemented for a longer t

and looking at land-use analysis so looking at senior centers and looking at parks and looking at health clinics and looking at locations where people are frequenting on a regular basis and that we should connect between home and, you know, some of these places where people are going. and we also want to look at this through a lens of equity. so with our traditional traffic calming program this is something where people reach out to us and they say we see speeding on our street but we are likewise interested in working with the neighborhoods that haven't traditionally reached out to our agency to say that there's a traffic problem. so for us to go into these neighborhoods and say, well, this is what we see with the data, what do you see and to have that dialogue and to have that conversation. and we also want to see what we can do to leverage the xa capitl projects already underway in san francisco and to easily add on to the programs that we can move forward with progress on safety improvements efficiently and not need to necessarily hold this up year-over-year. so the planning process

petaluma, 2 mile visibility and a live look at the golden gate bridge looking pretty good with nobody there. 55 in san francisco. it's 57 in san jose and morgan hill. no one managed the 80s except for farout in livermore. so the poor air quality continues today. we'll call it moderate. hazy sky, but it will be improving due to those westerly winds pushing that spoke into the centralvaey, even a bit better tomorrow. throughout the afternoon you'll notice the sunshine, less haze out there, but there will still be some. 77 in concord and 73 in fremont with low 80s out by the inland valleys and then tonight the fog comes back. so we will be looking at this pattern with below average temperatures lengthering and i'll tell you for how long coming up, chris? >> lisa thanks. >>> developing news, officials are investigating the cause of a crash involving a san jose fire truck that left two people hurt. it happened on southbound highway 101. firefighters were responding to an accident when a black tesla rear ended one of the trucks. the two passengers in the car were taken to the hospital and t

>> i'm looking out at 70 days october.ptions premiums do get elevated into earnings but compared to how sharply the stock has moved on earnings, they are not grossly overpriced so the option tends to be more expensive. specifically, looking at the october 250 and 220 spread you can sell the 220s and spending about $8 to make a bet. i would make this be point about nvidia they had a lot of tail wins coming in among which there might have been price support amongst crypto mining. one can argue that maybe that won't continue to be a tail win. they are facing some increasing competition from -- if you think that the business can be cyclical i certainly wouldn't short the stock. a trade like this makes sense. >> the strikes lineup on the downturn $8 for a $30 wide and you mentioned crypto, they report the that they guided crypto sales down 50% from the first to second half. if you see that in a stock like nvidia, 30 times earnings and supposed to decelerate in 2019 the second half of year you rerate stocks. the i like this trad

i am looking at money supermarket.e session on the report amazon is considering a price comparison site. we don't know if it would ask for any kind of participation from companies like money supermarket, but down 2.1%. guy: thank you, indeed. , running us through mid-cap movers. the economic turmoil in turkey is having a knock on effect across europe. let's look at some of the winners and losers with number's annmarie hordern. great reporting out of bloomberg showing how trading desks have fared as turkish turmoil has gripped emerging-market positions. annemarie: it is pretty incredible when you look at the numbers. deutsche bank upside, winning to the tune of $35 million. this trading position, they were set to win on any position. on one day, they made more than $10 million. to the downside, barclays. $19 million on turkish bonds of the past few days. it is relatively modest for barclays in terms of how much they make for the year, but chose their appetite for this risk. that is the key strategic part. jes staley wan

take a look at g tv .apple in this market cap, apple is there in yellow and it just made the $1 trillion mark. this is trailing behind it. alphabet andthe microsoft as well. these are contenders here joining apple in the $1 trillion club. from new york, this is bloomberg. ♪ lisa: it is time now for options insights with julie hyman. >> we have been talking a lot but option but with you and others. we chose the vix in the past -- other years, you didn't see it. >> it is summer and option traders go toward volatility as well as the beach. what i hoped to show was basically, there are many years where you have a summer volatility bounce your other years, it is fairly mild and other years, not at all. very hard to tell in advance whether we are setting up. felt totally tends to sneak up on you but as of now, there are other factors to you have the fed tightening and the buybacks on the other hand. they are sort of counter out -- counteracting right now. subject of buybacks, we do have a chart i believe we coul

how many candidates are you looking into as you head into this endeavor? what does that look like? alex: i think as a baseline, we will be looking to anybody who expresses interest in running, including traditional and nontraditional candidates. if 2016 taught us anything, it is that president trump was able to claw through an otherwise very traditional group of politicians, and ultimately win the republican nomination. so, you know, i think it would be unwise of us to simply look at elizabeth warren or cory booker. i would say at this point, we are really eyeing about a dozen books that we will be looking to seriously produce. we are not limited to that number, obviously. if interest fades in certain candidates or interest perks up in certain others, we are certainly interested in expanding that. we announced our 2020 initiative two weeks ago. we will be going around the country asking donors to contribute to this very important effort for america rising, because as i said, in 2016, the lesson we took from that was defining hillary clinton early and often, was the key to making he

fora good look overall national australia bank. haidi: not a great look.nancial institutions responded, and are we expecting more? butt: it is unclear yet, certainly the commissioner in charge, the retired judge, those him to raise the prospect of criminal charges against them and their wealth seriousich is a situation for the bank. it responded quickly. the ceo released a video on social media saying they had done the right thing by their customers and they were too slow to react, promise to do better. he did say he did not believe staff had acted criminally, but he said we will do better and we have not come up to the standard we hoped. we have seen other companies like amp highlighted in previous rounds, they have lost their ceo and chairman. things.serious this inquiry has not been great for financial institutions. you have seen some of them, the banks trying to spin off or sell their wealth units. that is part of the problems coming out. for --s a potential ipo and commonwealth bank said it will selloff is wealth unit -- sell off its wealth unit. they

look at the approach. out of the north bay and towards the north bay a smooth flow of traffic all around. a little slowing here. a smooth drive and live look shows the reason why we are at speeds. back to you. >> all right. thank you very much. >>> at 5:00 this morning classes resume the school year could get off to a slow start because of widespread shortage. pete joins us live with what you can do to make sure your kid gets to school on time. that's hard enough as it is. >> yeah. good morn to go you, laura. it will have an impact on some. we are standing in front of one of them at visitation. i pointed to you they have a bus stop there. a lot of kids using that to get to the school. they did give parents an advanced notice on this issue. it is giving a heads up about the delays. it could effect the students and tea teachers. maybe think of alternative options through the end of this first week. that's what they say the delays have to do with a shortage of operators which now require to drive shuttle buse

let's take a look. a couple of them exposed to emerging-market currencies and you will notice at the top of the list is the one titled tur for turkey. it was down 11%. that extends the loss on friday. the one-month chart of the etf, you will see this really took a beating, and the bears were piling on. we saw a huge influx in the amount of cash coming into the etf, and it did not have to do with people wanting to invest in turkey, but rather, wanting to short it. one more bloomberg chart, and this is about the huge surge they took in. 53 million amid the market turmoil in short position. one analyst said you have got a lot of bears out there that "smell blood," and they think the downturn is going to continue. ramy: thanks very much. let's continue this conversation because turkey's crisis is rippling like shockwaves through those emerging markets. in thee, let's bring chief economist and head of credit portfolio management in los angeles. he is a bloomberg opinion columnist. good to see you again. let'

>> we try to look into that from looking into the cases from 2017 to 2018. those aren't questions we routinely ask, and so that would be a very intense -- we'd have to call a lot of the victims' family members to find that out, but we don't do that in the course of the investigation. it also pertains to the investigation itself. >> supervisor yee: i imagine it's pretty difficult, too. i know, for instance, that one of them that happened recently on ocean, the woman was actually -- it was around this time -- was going to do her laundry, so -- >> yeah. no, the gentleman was going on his daily walk. we know that from home. as far as investigations go, i also wanted to give you the numbers for noncriminal versus criminal cases that we are looking at. 41% of the 44 cases are noncriminal, and the criminal is about 59% that we've actually gone criminal and submitted to the d.a.'s office for prosecution. >> supervisor yee: and how many of these criminal cases were hit and run? >> hit and run? you know, the only -- what i saw was two. >> supervisor yee: only two? >>

we looked at over 230 variables. we are not cherry picking just a few things that matter to us or might matter to the cato institute. we're kind of look at a full range of policies at the state level and this is everything from state and local tax burden to government consumption the debt, occupational licensing to right to work laws, from drug and alcohol policy to even raw milk sales. it's all covered. naturally tax burden accounts are more than raw milk sales. we are measuring these equally and i get to that in a second but fiscal regulatory and personal freedoms account for about one-third of the value of the index. how do we wait these? it's not subjective. we didn't wake up one morning and say let's go through and rank or wait all these policies as effect over 320 people. we. we will just decide that for ourselves. that would be a recipe for disaster probably because someone thinks jason and i probably don't care about like i'm not a gambler, jason is not a gambler, these things do matter to a lot of people tha

and looking at land-use analysis so looking at senior centers and looking at parks and looking at health clinics and looking at locations where people are frequenting on a regular basis and that we should connect between home and, you know, some of these places where people are going. and we also want to look at this through a lens of equity. so with our traditional traffic calming program this is

it looks like it is moving in f for a better look.er than when you were at a standstill earlier. >> yeah. you had lanes being moved out. really the traffic is pretty much the same. they are making room so the lanes can open at least for medical examiner to go through. this is on the eastbound side near the treasure island exit. you're seeing a number of cars still stuck here. people hopping out to see what's going on. i think we can show you guys a live look from overhead from one of our live cameras. according to chp they are saying it involved three cars. an suv carrying the victims, an unknown suspect car and a sedan. the suspect shoots at the suv injuring the driver and two others. it swerves and hits the sedan which doesn't appear to be involved in the shooting. the suspect in the suspect car was able to get away and police are still looking for him. quite a mess on the eastbound side of the bay bridge following the deadly shooting. here is reaction for folks who have been stuck here for the past few hours. >> no. i'm good. i'm n

look what happens tonight. we still have cloud cover along the coast, a little like this morning, making a late push across san francisco and san bernardino gap. temperatures from the mid 50s to 60s. pretty good sleeping weather. my accuweather seven-day forecast. two to four degrees warming tomorrow and wednesday into thursday we start pushing the mid 60s to 70s at the coast, mid 80s to 90s around the bay and triple digits inland. the heat will hang on around the bay and inland friday and then we fall back to seasonal temperatures for saturday and sunday. have a good day. >> mike, thank you. >>> returning now to the plane crash in southern california that killed five people as we told you earlier, several victims were from the bay area. >> and this morning investigators from the ntsb will return to the crash site to try to find out what went wrong.rkm knbc live in santa ana this morning. mark? >> yeah. the ntsb arrived late last night. we are told that we should be expecting them to return shortly to continue

look at all of the people gathered.to flock to motown to say good-byes to aretha franklin. she died earlier this month at the age of 76. her body is lying in repose. she is in a crimson dress and shoes to signify her. >> it goes to show you how much of a humanitarian she really was. the people are here to say thank you. >> a private funeral will be held on friday. >>> angry and frustrated east bay mother wants answers. she can't understand why her five-year-old son was allowed to walk two and a half miles home. this is alone from school unattended. >> he is part of the youth enrichment program. >> they say we take this incident very seriously and are investigating to determine what steps need to be taken to ensure this has not happened again. >>> oak lanlands working. city leaders are proposing new rules that focus on safety and stop them from leaving their scooters in front of doors. scooter companies would have to pay a fee for every scooter. equal access is also key. they would have to put half in low income communit

doesn't look too bad.on sunday. >>> tomorrow on "news4 today," sending the kids back to school can be a relief for some of the kids but it can be nerveki r for kids dealing with allerg.s at scho we have a look at if they're safe in the classroom. news for today. we appreciate you starting your day with us. >> the "today" show is next. we'll be back in >> make it a great wednesday everybody. aerosmi >>> good morning. sins of the fathers the bombshell new report revealing be seven decades of was in the catholic church in pennsylvania. more than 300 members of the clergy accused. >> while t list of priests is long, we don't think got them al >> the number of victims potentially in the thousands. >> i knew the truth would come out eventually. these are wolves in shepherds clothing. >> this morning the new pressur on pope franto do more. >>> reality bites. the president takes on his re former appntice calling omarosa a dog after she insists he's on tape using a racial slur and the white house struggles for answ

this tells the chief, tell us what a ves unit look -- stress unit looks like. do this research and answer these questions to the best of your knowledge. tell us what that looks like. come back to us and say, hey commission, i really studied this issue. i foe it's important -- i know it's important to you. i've dug into this issue now. i think from all the experts a i have talked to, that by way of example, because it's mentioned in here, i believe a i think we >> supervisor fewer: at least three instead of two peer support managers in the department in the the year 2019 and ramp that up to four by the time we get up to 20. i'm putting words in the chief's house after toes of research. -- months of research. that will impact future budget. i believe a the ratio of active members of the department to peer support februaries, should be one for every -- it could be 500. a will impact training and so the budge should consider training. by the way, we've already started that training. three months ago we started a training with the grant funding from last year. i bel

look at the second quarter gdp growth. look at the pmi's yesterday. we are on middle ground.overy. it is spread across countries. we could see therefore given that market expectations were too low, we could see more surprises from the eurozone in the month ahead. yesterdayory i loved out of the u.k. treasury, they say if there is a no deal brexit, they will have to stop classifying other european union debt as zero risk. it essentially means u.k. banks may have to raise capital because they would not keep that , they would not get as much credit for that, and it also means that u.k. banks may have andelloff european debt push-up yields in the eurozone. carsten: it is a possibility. everything surrounding brexit to me is a black box. there is so much uncertainty. look at other asian governments trying to diversify their investments away from the dollar, it would be an opportunity to buy european bonds. matt: it could be just a negotiating tactic from treasury, but i think it is a fascinating story. guy: there is an element of shooting yourself in the foot. thank you for spendi

it looks sloppy. -look at the seams. -dean: yes. lemonis: looks like a tornado came and blew all the branches off the tree. dean: these weren't made to specification. keith: they're coming down. -lemonis: they're coming down? -keith: yes. lemonis: how did they go up, then? dean: they got delivered 7:00 last night, and i did not see them. lemonis: if i'm you and i'm the head of design, i'm onsite, 'cause if something like that doesn't work, i'd rather just not put it up at all. let me tell you what i don't like about this. the seams are really bad. there's a seam there, there's a seam on the front. there's a seam there. look at that. -dean, do you see that? -dean: yeah. that's the worst place to put it. you're walking right in. couldn't be in a worse spot. lemonis: it just doesn't seem like you laid it out and you thought about all the letters and where they're gonna land. it looks sloppy. and so did you not see that before it left? dean: no. these were assembled onsite. lemonis: you're the designer. you shouldn't let things leave un

looking at the board, taking a look at the bonds, the u.s. 10 year fluctuating.e have been talking about how that could end up 3.1%, the last threshold we saw earlier this year. this was the highest in the past few months. the japan genia, we see that picking up -- 10 year, we see that picking up. 4.84 is where we are at. is something to be on alert for because that could mean temptation for folks to pull their money out of global bonds and send it back into japan. haidi: let's look at the set up for friday. terrible thursday session with asia-pacific stocks. looking at a flat session in new zealand, on the stoxx a little brighter after yesterday. the nikkei looking undecided at the moment. markets underng pressure. bridging very close to the 103 level. dollar-yen, one to watch. the only decline or after the bloomberg index. also watching up for offshore yuan which is close, 1.5% trump hitting -- from hitting an all-time low. somewhere in the mid sevens for the dollar going into mixed -- mid next year. ramy: let's continue with one of our top stories. the trump a

look at future weather. other thanin bub up of mid afternoon clouds and an isolated dlrain chance m to late parts of the afternoon, that is about it. most of us don't have to worry about rai today and wait until you see this ten-day forecast. not another chance for rain after today for theest of the next ten days. a real opportunity to dry out. 60s and 70s to start the day out. today's high temperatures will be in the mid-80s. that little bit of a rain chance, look at this sunday forecast everybody. you pay good money for this. temperatures the next few days e.low aver 50s in the suburbs tomorrow and friday morning, even saturday morningor many. temperatures back into the mid to upper 80s this weekend. if you like heat and humidity, melissa mollet, next week will be blazing hot. >> sounds like -- who likes heat and humidity, yuck. 28 in rockville. looks like they have mostly cleared up this morning. we still have a little bit of police respons we did have the crash in the middle of the intersection. looks li

, you look at the yield curve it looks like monetary policy is tight. or getting tight. i go back and say, which one of these might be distorted. i think it is the 210 spread that is distorted. it is distorted by the fact that central banks in the world have a cumulative trillions of dollars of government debt. if we hadn't had that accumulation i think the two tens of the a lot wider than it is. if i have to choose between one or the other i would stick with the real fed funds rate, two tens can get zero, i think a more relevant measure historically that i have used and i know john mentioned this morning when he was doing work at the new york fed is the three-month bill to the 10-year spread. i think that is more relevant to three-month bailed -- three-month build to the 10-year spread. i think that is more relevant. vonnie: that seems to be a market indicator. today we are at 6.838 and a little more control going on. how much is an indicator for the u.s. right now? >> i think that is a policy tool for china. the administration feels like they can win

today looks good if you're walking the dog. look at this cuti pie.vailable at the humane rescue and try to find out how to give her a home and otherwise if you're walking your dog this morning, the best time to do it for the long walk is early, probably right now about now. lunchtime shorter walk. we're getting close to 90 by the afternoon and we stay dry, sunny, 91 degrees. don't forget nt saturday august 18th clear the shelters big nationwide pet event. here's future weather as we go through the afternoon. we're staying dry tomorrow morea clouds move i then we have showers. it looks more likely the second half of your saturday. for sunday clouds and showers across tharea. so, that's going to be our unfortunately.st if you are gardening keep an eye out for that rain. that will be around the area enth highs in the mid-80s and your gaenter tip of the day is 60% of your lawn is already taken overs, by we consider a total lawn renovation. temperatures as we go to even the start of next week also be in the mid-80s because the rain looks like will last fo

and look at the garage. it's separate from the house and it's sort of relegated to an inferior sort of posterior position in the house. after that you see garages became attached to houses. this was important in a functional sense because you could move, for example, groceries from your garage to your mudroom or to your kitchen without getting exposed to the elements, rain or snow. but in a metaphorical sense it was also important. because this sort of symbolized that the car was becoming a member of the family. it brought the car closer to the house. and often, like with this particular home, garages started to dominate the facade of homes. the garage, whether, you know, you started getting one car and two car and even three-car garages, the garage was the first thing you saw when you pulled up to a house. it really was one of the defining elements of a house. and it symbolled welcoming the car as a member of the family. i found these photos on the internet, which sort of expresses how the length to which f

looks can be deceiving. the kippers were relieved when they headed out on their walk in alamo this morning. >> we looked out and we weren't sure if it was fog or smoke. it wasn't too bad. the sooner the better, you get it over with. >> they didn't want to wait in case the afternoon looks like it did yesterday, orange and hazy. julie arrived home last night from a trip and instantly noticed it. >> i flew into it. you could literally see this big layer of dark, icky looking stuff. that was last night at about 7:30, 8:00. it looked pretty ugly. >> i skipped a bike ride. it blew in around noon. it actually reminded me of my trip to china. it was that bad. that's my scale of measuring air. it was pretty rough. >> this morning's air may look better, but take another look from the vantage point of drone view 7. air experts say you are looking at fog and smoke. that smoke is something you want to avoid if you can. >> avoid any outdoor especially if you suffer from a respiratory condition or if you're a child or elde

here's a look atome of the preparations under way. take a closer look. the hawaii national guard is mobilized and the red cross has opened its shelts. it shows the path of hurricane lane. it could be the strongest rricane to hit the island in more than a quarter-century. it could bring up to 10 to 15 inches of rain. unli folks on the mainland, they can drive away. the residents have no choice but the hunker down. >>> kids in our area getting ready for schoolhis morning. school buss will be rolling in loudon county. >> one of the new additions is the academies of loudon. it's a new high school to age students creativity and imagination. students compete to get in. those that get in will go between their home academies and radiology and criminal justice. they have 83,000 students in 92 elementary schools, 17 high 8 schools,ddle schools, 15 instructional schools and 2 charters. >>> students in a flooded d.c. school will be back to school but not in their normal space. >> justin finch is at elliot-hine middle school. >> reporter: the plan to transport the st

shouldn't she be looked at?> every school child knows that the most cursory tools and investigations were done and you're seeing the absolute entire state machinery of prosecutors, fbi, cia all combined going after trump. there's no question that there's an unequal scale here that almost everybody in america sees. >> what do we do about it, pam? you're an attorney general. how do we resolve this kind of thing >>what should be happening right now, hillary clinton should be in receipt of a target letter. all of these people. and frankly, the american public shouldn't really know what's going on in a clean, honest investigation. so that's what should be going on. they should be under active investigation right now. >> yeah, but they're not. >> the only way to do that is to replace jeff sessions. you have lost the confidence of your boss, the president of the united states, who you breached that trust. the right thing to do is to submit your letter of resignation. he apparently did it a year ago but the president at

take a look. late last night firefigers and paramedics had to rush to the jazz club on 61 and broadway. firefighters say they found a leak and aired out the club. they blamed them on poor veybilation. evy is going to be okay. chris lawrence, news 4. eric a, back to you. >> chris, thank you. >>> northern virginia father is behind bars accused of throwing his toddler into a creek. that is just part of the story that played out on monday. new cell phone photos show it live. they were searching for kyle sunday. he was wanteow for tg his 2-year-old son in the creek earlier in the p day afterice tried to pull him over. neighbors were shockeds to why police were looking for him. >> i see it happen r789d what's on in their lives to make them do things like that. the little boy is not seriously hurt. the boy's mother was also arre red. sheorted her car had been stolen with her child inside. >>> a big shakeup at the university of maryland could ppen today. this would come after coaches are working with play

that's the look at the reason why. this is near 101 and story road in san jose. >> i was watching tv. all of a sudden i heard boom and flames pretty high. there was smoke like all the way everywhere. >> fortunately no one was hurt. the cause of the fire is under investigation. >>> bart not seeing a rise in ridership. the exact opposite isown more t since 2016. bart saw a peak in ridership. a 6% drop means 8 million fewer rides and a loss of $42 million. bart says it is at full capacity. they are losing riders on nights and weekends. bart acknowledges security and crime could be a major factor behind the drop. >>> something you need to hear before you head to the dmv. they are trying something new to try to speed up the long lines. a web site is up and running. it highlights the most frequently used online services and explains what you need to do and bring so you don't have to go twice. >> a federal judge hearing arguments to permanently block one texas company from posting blueprints for 3d printing of firearms. in ap

backwards versus looking forwards. there's a lot of people playing catch-up this makes me more convinced that the united states has to have the best market verse taking a stab at turkey or other places right now >> what's the biggest risk >> well, i think the biggest risk is there's an international wall up that you can't predict there's the mid-term elections that are coming up pretty quickly. that's a couple months away. you've got the tariff issue. what if mexico and canada fall apart at the last minute, those type of things those are research wale impossible to protect against or inexpensive to protect against >> is everyone bullish on this panel, yes but is there a level of euphoria that has companiaccompanied recd highs that makes you as an investor nervous >> the cash levels that are sitting on the side lines while meaningful haven't materially gone up at all as a matter of fact, they've been coming down craw, i think there's almost a fear of missing out from investors and that's pushing them in. >> you buy brea

take a look.s is some of the 11 newly painted utility boxes beautifying morgan hill, taking those boxes and making them worth looking at. these are different than the ones in other communities that are on each box. each box was inspired by a specific social message. those including welcome home, never stop learning, and kindness firx, words matter. the volunteer group raised $8500 to hire artists and pay for the supplies. kris sanchez actually posted photos on her facebook page so you can see them for herself. >> i love those projects because we have to have those utilities around. might as well have a message. >> the message for the south bay is an unfortunate one. this is jammed. 101 northbound. we have a problem. ripple effect from the closure. this is 101 at decision 80. as you travel north to oakland road, things are jamming up because folks are shifting over from northbound 680, which is still closed right now. no update from chp as far as when they're doing to reopen. the closure from capit

rev lieus look like. missed there, i think that hurt them in the same store sales. that being down, that's why it's being punished today. i think it stays inexpensive foot locker is a better play >> what do you think about what they said about under armour >> in terms of the amount of inventories? >> down today. it's down today. >> yeah. >> and i used tjx as a measuring stick on that as well because i see a lot of under armour in there right now. >> is that where you want to see it >> weiss, what do you make of this young china report? >> i think bell house, they are a real firm. they've been in that area of the world for a long time. supposedly, young china turned down i think where there's smoke, there's fire in this one private equity is really accelerating in that part of the world. >> box having its worst day in nearly six months. >> dude, you know how hard you have to look for a technology stock with a chart this terrible you have to really sort through like 1,000 stocks to find anything in software