visit your neighborhood sherwin-williams store today.100 years discover eucerin advanced repair it moisturizes dry, itchy, rough skin for immediate relief and proven 48-hour moisture for healthier-looking skin look for eucerin. ayep, and my teeth are yellow.? time for whitestrips. crest glamorous white whitestrips are the only ada-accepted whitening strips proven to be safe and effective. and they whiten 25x better than a leading whitening toothpaste. crest. healthy, beautiful smiles for life. >>> good morning. it's thursday, october 18th. 4:27. we have a lot going on this early in the morning. >> we do. a serious situation in the east bay. a grass fire threatening the area. >>> yeah. that is going to affect traffic in some ways. we will talk to sue in a second. we will start with weather and mike nicco. >> watching fog this morning. it has spilled over to napa. it looks like the visibility is improving. up to 7 miles. down to 1 in santa rosa. it will be around throughout the entire commute this morning. temperatures in the mid-40s to mi

visit your neighborhood sherwin-williams store today.in-depth today" with the midterm elections just 20 days away. we're going to have a rare look with a fringe group that looks to open up divides in our country. >> peter alexander looks at how white nationalists are quietly gaining momentum. >> reporter: good morning to all of you. we're telling this story to pull back the curtain so parents and college students are aware these groups are out there. the southern law center says the groups are clean-cut, conservatively dressed and recruiting on a pcampus near yo. the man with the megaphone is patrick casey, executive director of identity yeuropa, oe of the groups that would march at charlottesville that turned deadly. its message is pro-white. >> i think that we need to maintain a supermajority in this country. >> reporter: identity europa makes it clear, to join, you have to be european heritage, whites only. why isn't that racist? >> we're trying to move beyond the paradigm that includes buzzwords like racist. >> reporter: what is it?

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sherwin williams and canagra and another company are liable for costs of lead paint in older homes. they were marketing lead paint for years even though they knew about the health dangers to children. >>> massachusetts released a dn test which proves her native american ancestry, it nixes president trump's accusations that he has nolinked to native american. he has called her pocahontas, he will donate $1 million to charity if the senator could prove her ancestry. >>> and technicians are working through a 19 checklist to insure 100s of machines are working. they calibrated the machines setting the time and date, the machines will be filled and ready for election day on november 6th. >> we'll be ready, if we do have high turnout, we are ready and the machine will be ready to go, and our co-workers are being trained and this is around the corner and have 850 machines a clara county are launching a county to get young people to vote. 13 san jose a student registrat day. 18-year-old students can register to vote and they can preregister, and 2018 is the first time in more than 40 years

california homes. >>> santa clara county council released a statement on this matter saying, "sherwin- williams and its code defendants knew their product was toxic, yet still sold it to families. after two decades of litigation, they will finally be held responsible. >>> the east bay city of antioch says it has a crisis with homelessness. they are hoping by acknowledging that things can get better. kpix 5 john ramos has the story. >> reporter: say the word homeless and most people think of someone living on the sidewalk in san francisco or oakland. a lot of them are moving out into towns like this, antioch, only they're a little harder to spot. at the corner of sixth, things look deserted. not like they were last spring when there were dozens of you l are still here living in the weeds. >> they're everywhere, especially here in antioch. it's a lot of homeless people. >> reporter: it's estimated there are about 350 homeless people living in ant y but that number -- antioch, but that number is growing. with a population of 115,000, they have one shelter with only 18 beds. there will soon be $2.9

visit your neighborhood sherwin-williams store today.and half-measures haven't fixed it. homelessness doesn't just hurt homeless people. it hurts all of us. that's why we're all voting "yes" on c. the plan is paid for by corporations that just got a massive tax break. it's time for them to give back by helping all of us to fix our homeless crisis. with more affordable housing... expanded mental-health services... clean restrooms and safe shelters. vote "yes" on c. it helps all of us. >>> welcome back to "gma." amy schumer is sidelining her jokes and getting serious. the comedian saying she won't profit by appearing in any super bowl commercials this year and she takes aim at the nfl. >> this is such a big deal for me. >> reporter: she's one of hollywood's boldest personalities. >> i don't know if you guys know this, but this past year i've gotten very rich, famous and humble. >> reporter: comedian amy schumer sharing scenes with superstars like goldie hawn and lebron james. the actress appearing with seth rogen in a 2016 bud light super

fall asleep faster, ask sherwin-williams during the four-day super sale and bring color home.d sherwin-williams store today. >>> as you know, you may have noticed, we've got a new team of co-hosts on "weekend gma." adrienne and i have been breaking them in. >> yeah. >> yes, withf arieleve success. what you may not know is that behind the scenes eva and whit are hilarious human beings and as you're about to see, whit has two hilarious little human beings in his life. >> yes, they're so sweet. >> so, yesterday we did some team bonding and here are the results. >> all right, so we got a new team. >> we have to celebrate. we got to eat. >> we can do dumplings. >> it's funny because i'm always referring to whit as my little dumpling. so, that makes sense. you know who we're missing, my other dumpling, rob marciano. let's call him up. hey, rob, it's dan. i'm with eva, adrienne and whit. yeah, we're hanging out. where are you? we're going to go to taste buds kitchen. >> yes. >> taste buds kitchen. >> as the news team. >> come on, rob. ♪ >> hey, hey, hey. let's do some cooking. >> and

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sherwin williams, a paint company, directly on the consumer buy a house and paint the walls. >> right>> are you still optimistic on the consumer are those bets specifically on the consumer or they are more than individual stocks and we like the valuations and fundamentals it's not necessarily a broader market call. >> it's both, but if you look at the data today, adp data overshot and eci came in higher so we're seeing wages pick up. the highest wage growth in year and that will be tough on profit margins for some corporations but, you know, if you're selling paint or refining crude, it's probably a good thing for you. >> we were talking about the dollar it's had a 2% gain on the month, and it's sort of quietly been marching higher every single day. the what levels are you wamp, a -- you watching, and it's been such a big theme of pain for earnings this season. >> and the paint probably gets worse because dollar liquidity will continue tobe an issue. it will get lower as the fed continues to tighten the debt around the world, of course, is at quite left levels, so it is something to c

it really isn't a whole lot for sherwin-williams which is why shares are only off .7%.s year, they are expected to rake in about $1.8 billion. they're not going to be paying all the $400 million themselves. thanks so much, taylor for the stock of the hour. up next, countdown to election night. we will speak to our midterm panel. live from new york, this is bloomberg. ♪ david: this is "bloomberg markets: balance of power." i am david westin. we're going now to mark crumpton. matt: president trump -- president trump is in florida where he is getting a first look at the damage caused by hurricane michael. the florida panhandle took a direct hit from michael. more than 190,000 homes and businesses in the state remain without electricity. british from mr. theresa may says the european union and the u.k. are not far apart in brexit negotiations and a divorce deal remains achievable. said the shape of a deal is clear in most areas, but a gap remains on the issue of the irish border. >> we are entering the final stages of these negotiations. this is the time. this is the time f

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what's ahead and for the he suppliers housing industry such as flooring and paint companies sherwin williams. >> in new york for us. a team of investigators has saudi consulate in istanbul for what turkish joint ls say the inspection of the building where saudi jamal khasoggi was seen weeks ago. cnn cites two sources who say that the saudis will acknowledge died from an interrogation that went wrong. on monday president trump roposed a different theory as to what happened. >> the king firmly denied any it.wledge of he didn't really know, maybe, i don't want to get into his mind, but it sounded to me like this killers, e been rogue who knows. >> joining us from washington, we have any idea what led president trump to suggest this theory? well, this came immediately after a 20-minute conversation saudi king with trump. it's not too far away from the as you mentioned, there was a report that the audis plan to blame it on an interrogation gone wrong, whether you call that a rogue i guess subject to some interpretation. very firm thatas as he has been in other king ions to emphasize salman's deni

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ask sherwin-williams during the four-day super sale and bring color home.october 19th to the 22nd, get 40% off paints and stains. visit your neighborhood sherwin-williams store today. ( ♪ ) stop dancing around the pain that's keeping you awake. advil pm gives tossing and turning a rest and silences aches and pains. fall asleep faster, stay asleep longer with advil pm. . >>> good morning, i'm alexsis smith from abc 7 mornings. police are conducting a search for a wanted suspect. sky 7 was over the scene earlier this morning. heavily armed officers are going door to door and sky 7 even captured a drone in the air, helping in the search. surrounding streets are closed. it's unclear what crime the suspect is wanted for. >>> we know we have street closures there, sue, what else is going on? >> take a look at the golden gate bridge. chp has a fog advisory issued for both directions across the golden gate bridge. traffic is relatively light, but use extra caution there. we had an earlier problem with smart train delays. those have been cleared up. it was due to an

i think you look at industrials now and sherwin williams, which is down, also, you have to look at the auto industry, and that there is a risk. i think it's a sector specific risk i don't know overall if it bleeds across the other s&p sectors. going back to your comments, i think the adjustment and i've said this, we have steve here, it's about the terminal rate i think the street is adjusting where they think that terminal rate is. in fact, since august there's been a 35 basis point adjustment to that terminal rate. i think that's what the street is getting comfortable with. i think we're past that point. i think we're going to see stabilization and then we'll hear from earnings >> isn't this the worst case scenario where you have the rising costs and you have falling demand at the same time? >> that would be >> i don't think that's the scenario for the broader economy. >> it's been a while since i've had a chance to come on the show and insult everybody >> glad to have you back >> that's why i'm not on that often. growth has consequences. tariffs have consequences. deficits have cons

you see names like sherwin-williams. it touches so many areas it is a concern.nk people are overestimating the housing buzz. i think people have forgotten housing can have a coming year and not be peak of the cycle. we have forgotten we think every housing downturn has to be an historic bust. i would be a little hesitant to carry out this theme farther than a few months. scarlet: i'm looking at the vix and it did close higher today. it is elevated compared to where it was in 2017. currently at 24.59. , whate look at volatility event will be pivotal in determining waves appurtenant selling and buying continue? willoughby the midterms, donald trump xi jinping meeting at g20, the december fed meeting, the santa claus rally? eddy: remember the overall determining factor within volatility is where the market is. when we go up, volatility plummets. when we go down, volatility goes up. thatber it was a month ago we were talking about historically call markets. markets.ive -- calm the s&p 500 went 75 days in a row without a.m. up or down move -- without an up or down mo

this is pretty concentrated in home builders but also does own some sherwin-williams and other home-related% year to date and the take away is that if you want to make a bet that the u.s. economic cycle has legs then this stuff is very cheap out there and in theory kd get a second wind so either raead the market and say the cycle looks fine and the stock could be comeback candidates >> one of the tells about how the market is interpreting is the big miss on existing home sales. yields stayed near the highs of the day and so did stocks so it wasn't taken as an ominous signal about the overall economy, i don't think. >> it isn't. it's oddly decoupled people look at the extenuating factors, constrictions on supply and the fact that there's not enough sellers out there in part because they have a low rate mortgage and they don't want to swap into a higher rate. >> no housing than canary in the coal mine before. >>> when we come back, america's largest retailer sears filing for bankruptcy pulitzer prize winning columnist jim stewart sat down exclusively with now-former ceo diede lampert and jim

people want to say, hey, listen, sell sherwin williams. take a look at black and decker.ryone is stanley works. they're all extrapolating that ppg is bad for housing, bad for autos. t they're playing a truth or consequences game. i was just with my executive producer i got a book on this you talk about starbucks, got to come out and talk starbucks. >> thanks. >> i have no idea what you just said >> i gave you what's known as the cramer on the floor of the stock exchange you can get the cramer, and you will be awake for three days it's like -- >> clearly jim cramer. >> he could be awake all the way through the eagles game on thursd thursday. >>> china going cold turkey on u.s. oil importing zero barrels in august. what will this mean for oil prices plus, hurricane michael heading towards florida. i know jim is watching it. we are, too. we'll vehe lesha tatt forecast and show you what people are doing to get ready when "power lunch" returns ♪ to err is human. to anticipate is lexus. experience the lexus rx with advanced safety standard. experience amazing. >>> checking out

you know what, you probably bought sherwin-williams paints.nt to connect these dots and go a little bit deeper. everyone is connected to the market even if they don't realize it. neil: a pity you're not before me so i can pretty much copy you. don't you do the same with me. all right. beginning on monday, 2:00 p.m. eastern time, right after this show. one of the hardest working guys i know in news or business news, will be working still harder. more after this. we perform over 50,000 operations a year in places like this. for the past 15 years, chubb has identified ways that we can strengthen our safety measures. and today, our hospitals have some of the best patient safety records in the country. now, we're constructing new buildings that will define the future of piedmont and chubb is here, insuring our expansion. two million patients a year depend on us. and we depend on chubb. i get it all the time. "have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter...

the decision leaves in place an earlier ruling that held sherwin-williams, con agora -- in 2014 a santa clara county judge ruled the paint companies were marketing lead paint for decades, even though they knew about the health dangers to children. >>> a new report shows just how much of an impact natural disasters are having across the globe. the united nations report looks at disasters over the past two decades. researchers found 1.3 million people were killed from 1998 to 2017, all of those deaths were due to climate-related events such as hurricanes, tornadoes and tsunamis. another 4.4 billion people were either injured or became displaced. >>> today vice president mike pence and his wife are traveling to georgia where they will talk with farmers whose crops were affected by hurricane michael. yesterday the president and first lady were along the gulf coast seeing the damage there. in panama city, florida, they surveyed the destruction and heard stories of survival. at least 19 people were killed in the storm and several -- in several states. another 46 are still missing. the preside