waller has been actually very cognizant of this. now we have almost a goldilocks scenario with inflation coming down, unemployment staying low and the economy growing very fast. that can't keep going. either at some point inflation has to break higher or growth has to slow down. we can't keep what we have. david: you have to know this guy, if donald trump is elected, in 2026 jerome powell has to go away, donald trump said he will, this guy might be next head of the fed? >> he definitely would be one of the best heads of the fed we have had in a long time. he has a very good analytical mind. he looks at the data, saying this is what is happening to the economy, he doesn't stick to a narrative, he looks at the and will adjust policy based on that. david: one thing, kevin, he custodies agree with those the only way to get inflation by having a recession. he does agree you can have growth and lower inflation, subside notion, right? >> i think you absolutely can but don't forget the last year that government debt held by the public went

i'm sorry, jay it's amphitheaters >> you don't blame waller yesterday for saying, i need more to knowhether january was a speed bump or a pothole? >> okay, i think that waller was -- these guys are not eating crow that's a -- i don't want to make fun of these guys. these guys are very serious, but if they do look at bookings -- look, bookings is down because they had israel year over year, and israel is out. not out -- just they're not a lot of business. i don't mean anything more than that when you look at what's going on with carvana and the use of square, and you say to yourself, well, look, people who make between 50 to $125,000 are spending their darn fool heads off, and i don't want a fed guy to get in the way of the fact of something i disagree with brian moynihan on. brian's talking about, listen, jim, people are not going to be getting payments that's what you should be worried about. and i come back and say, i'm not worried about anything, which is the real problem i mean, other than big lots, is that really it a couple of rite aids? >> you got barry sternlicht continuing to

sahaljoi tv news agency waller.thank you very much , dear compatriots, while saying goodbye, i invite you to watch the news of the area . farjahm, dear viewers, greetings, good night, happy birth of imam sajjad peace be upon you, i congratulate you on the 29th international festival of quran and hadith. the non-iranian students ended their work by introducing selected people. this is the conclusion of the 9th qur'an and hadith festival of al-mustafa community with reciters, memorizers and companions of the word of revelation from 70 countries. zikr allah, sheikh abdul qadir, i am from nigeria, seyed inayatullah mousavi , i am from afghanistan, one of them is the naqvi family, a family of six, whose four children, from zahra, 5 years old, to arfiq, 11 years old, are all memorizers of the entire quran. within two years of complete preservation i am in the fourth grade and my name is from pakistan. this competition started 3 months ago, in 20 countries, representatives of the al-mustafa community, students and their fa

waller of sed and cima news agency. thank you very much for being with us tonight goodbye, god bless you. in the name of god, greetings to you , you are looking at the temperature map of the country, the cold air, which is marked with blue color, has completely penetrated the country and covered most of the provinces of the country. among the provinces, ardabil was 13 degrees below the trip, and among the cities, you can go to varzghan. east azerbaijan noted that the temperature reached 15 degrees below zero. therefore, we advise our dear compatriots to expect this at least until the end of the week due to the persistence of air in the north of the country. don't face any problem, be sure to pay the necessary attention in saving gas , so that god forbid we don't face any problem, but this cold weather will cause the dear greenhouse owners and also the dear chicken farmers to pay twice as much attention . establish a night shift in bushehr provinces as well as in hormozgun province in kerman and yazd provinces for tonigh

philip jefferson, michelle bowman, patrick harker, lisa cook, neel kashkari, christopher waller, andof economic data this week. now it will be a matter of what the governor and the presidents all feel about it what -- about what it means for the pace of rate cuts. we have had a lot of volatility this week at 20 basis point mover from close on monday to midday today, passing waste -- way past the 460 level in the two year yield. we will see if that level sustains when we hear that commentary and those fed minutes. we keep an eye on that had more next week and we have earnings to give a sense of the consumer. we have seen from other other economic data this week that retail sales and consumer sentiment. a check on the markets. the 10 year yield facing an eight basis point move up to 431 on the day. a popular trade. two year yield at 467 on the week. from new york that doesn't from us. same time same place next week. this is bloomberg real yield. this is bloomberg. ♪ ♪ ♪ ♪ ♪ ♪ >> welcome to bloomberg markets. i'm sonali basak. we have been watching producer prices all day because the in

this is how things looked on waller road near forestville before noon. the water level getting higher back to davis. matthew and the tree branch that went through his home today. >> just fortunate that no one got hurt. >> and sonoma county fire district tells me that today they got a lot of calls about downed trees, about downed power lines and flooded roads. and again, luckily no one was hurt. we're live in santa rosa, suzanne phan abc seven news. >> thank you so much, suzanne. sporadic power outages for some stores to close temporarily at san jose's oak ridge mall. some of the employees, as you see, were closing their doors as her store was left in the dark. lights at other stores flickered on and off. we're waiting to hear back from oak ridge about how extensive the power outages were, and whether they are part of the wider power outages affecting some neighborhoods and thousands on the subject. >> thousands of p-g-and-e's customers across the bay area are without electricity right now. here's a live look at the real time outage map. the utility is ma

congresswoman veronica escobar and my colleagues on this committee, representative maria salazar and mike waller. that bill has increased funding for humane border patrol for dramatically speeding up the asylum process and update our legal immigration system in a way that will help our country's economic needs. so i wish members of our committee would spend time discussing the need for immigration reform, both at the border area, and up and down that legal immigration system, and i hope that people on this committee will look up and down the act and find it in their economic interest to support that. so, mr. isaacson, let me turn it to you. what does congress's continued inaction mean in terms of the number of people that will continue to take the dangerous trip to our southern border because we don't have legal options for them. >> that is an excellent question. thank you so much for your work on the dignity act. it is a good first step. >> it is not a perfect bill. there are things i love and thanks i hate which is what we will ever have to do if we get a bipartisan immigration bill passed. >>

flood waters are covering waller and river roads. fortunately that woman is safe now. the latest storm, the bay area, is experiencing right now is really hitting us hard. you can see it live on live doppler seven radar. just about the whole region getting green or yellow with some of the heavier stuff. we're talking about thunder and lightning. let's turn to abc seven weather anchor spencer christian, who is here with what we can expect next. spencer okay, chris. >> and it's easy to see how we get this kind of flooding just depicted by the video when we get these heavy rainfall rates of one inch per hour, that's a lot of rain. and again, i'll add on top of already saturated soil from recent rainfall. so here we go. here's a look. let me move that sign over a little bit okay. flash flood warning in san francisco until 4 p.m. looking at the bigger picture there you can see the areas of orange and yellow and red indicating where the heaviest rain has been falling continues to fall. but that's been there. it's been sort of stationary there almost for the last couple of hou

this is all kinds such age and it was recorded. waller's maddox was still inside dogs showing some of them at work, trying to save lives at that local hospital. now they spent months operating in extremely extremely difficult conditions and that included a shortage of water, electricity, medical supplies that don't this have now safely returned to russia. and my colleague pete just got spoke with one of them. this is the director of the out of the hospital in salanza, which as we know, as we've reported, has been the target of numerous is wireless twice. and then you have the toyota feel at 1st i decided i wouldn't believe guys it because this is my job. i started for 13 years to help people to no matter what they are. people who need help. i decided to stay there and help them because i was, they had dr of a hospital, but unfortunately, is really thanks, gave me and forced us to leave the hospital. this happens at a cheap a hospital and indonesian hospital. they killed everyone there for the doctors to leave and left little children behind. i remember 7 children died there because th

vote reform , 14% of red wallers vote reform, you'd with that. with that. would i sat happier than i be sat there happier than a pig i be sat there happier than a pig muck? pig in muck? >> no. but do i think that the conservatives have brought it on themselves? absolutely >> think slightly >> i think you're slightly missing intention of reform. missing the intention of reform. they've publicly in they've not said it publicly in so words , but i don't even so many words, but i don't even think they're that bothered about of seats they about the number of seats they get. get get. they're not going to get any okay. that's fine. any seats. okay. that's fine. they to destroy the they want to destroy the conservative party. who may i say, think they the divine say, think they have the divine right to rule in this country? they i was going to, uh, use colourful language. then they take advantage of or have taken advantage of their voters for the past 13, 14 years because, uh, because they just think that year after year they'll vote for them regardless,

tom: chris waller saying, what is the rush? given the resilience of the u.s. economy. how are markets assessing this? how are they adjusting to this? it seems like there's a consensus on no need to rush around the cut story. >> yeah. look at this point, markets are just taking these comments in stride. the fed speak reads to me like a lot of status quo. it's what we've been hearing from fed officials over the past few months. it's all data driven. this is exactly what we saw in the fomc minutes that came out the other day. the indication towards inflation. traders are really betting on the idea of a cut coming in june or july. moving the needle significantly. underlying expectations of cuts to come. it's not time yet. we are still really mindful of what's happening with these pressures on the economy right now. what maze -- may jolt things is if we get any more specific timing from fed officials on what exactly the first cut is going to come. i don't think we are getting that level of specificity quite yet. tom: caution and patience are the watchwords now. excellent su

we get fed speak from chris cover waller and raphael bostic. >>> looking at futures in the green andgreen across the board. for more on the trading day ahead, let's bring in jenny harrington. jenny, good morning. >> good morning, frank. >> give us a sense. what did you make of what we saw yesterday? it was a slight rebound following the cpi selloff. how do you view the markets following the two different days? >> okay. how i view the markets my word of the day. sorry if i'm jumping ahead. skittish. if we look at what happened with the selloff, that was severe. the way the market closed that day wasn't the entire story. the russell dipped 4%. i think people, including myself, are sitting out there and waiting for something to drop. i look at the market right now like it is priced to perfection. it can't afford an iota of disappointment. >> wow. i think that explains why your equity income portfolio is at 10% cash. we did a story yesterday. jpmorgan chase stating people are at 4 %. you are at 10%. what are you waiting for with valuation? >> frankly, i could buy those today, but the val

the left part of the jscreen ana and waller said it will have to cut rates.l then acknowledged the rate cuts at the meeting and that was held by the good december inflation data. it went the other way with the future markets took back the easing with the strong payroll and higher inflation data in january and then the barrage of fed speak warning against the bets on early cuts if you zoom in on the right side, you can see the taking back of the easing the stock market rally, the left part of the screen, along with the easing, sold off with the fed doing less then stocks started going the sp separate ways in january and embracing better economic growth and better earnings. that's been a big part of what is going on right now. fourth quarter earnings at 4.7% in january and now expected up 10%. that is propelled by the nvidia blowout we had with other sectors. what is the lesson here? i think is is obvious that fed futures are volatile they don't do a great job of predicting more than what the market is thinking now the fed used to be careful of what they say. m

christopher waller says there is no expectations with the reports this year. lisa cook said inflation reduced faster than expected, but investors need confidence with easing priors pressures before cutting rates. >>> intuitive machines making history. the robotic spacecraft landing on the moon surface last night making it the first successful mission by a private company and first u.s. return to the moon since the apollo mission in the 1970s. shares surging in the pre-market after falling 11% during yesterday's session where the stock has tripled since the all-time low in january. >> literally to the moon we say that about stocks literally to the moon on this one. silvana, thank you. >>> coming up on "worldwide exchange," we have more, including the one word that investors have to know today, but first more on nvidia's single-day stock pop and if the mega tech rally has what it takes to push the markets higher in the hundrmonths ahead. >>> the u.s. prepares for more sanctions on russia and more issues from the israel and hamas war. we have a very busy hour whe

some of the commentary when it comes to these fed speakers, waller, harker, the like, it has been boosting the dollar during this holiday in japan. certainly it is one to watch closely. we heard from philip jefferson, the vice chair of the fed. philly fed president patrick harker. here is what they had to say about that rush needed to cut rates. >> we always need to keep in mind the dangers of easing too much in response to improvements in the inflation picture. excessive easing can lead to a stalling or reversal in progress in restoring price stability. >> yes, i do believe that we may be in a position to see rates decrease this year. but i would caution anyone from looking for it right now and right away. we have time to get it right, as we must. yvonne: let's bring in fred newman. it is fed speaker after fed speaker who continues to push back against these rate cuts. what is the next move from the fed going to be? fred: the market is saying it is going to be down, it is just a question of when. but i think what the fed speakers are reminding us of his we need to be extremely patient her

needs more confidence vice chair phillip jefferson said weaker employment could become risks chris wallerays they need more time that inflation is cooling before making a decision >>> we had data out yesterday with the u.s. jobless claims fell this month. the flash composite pmi shows a slower pace of expansion with manufacturing output rising to 51.5 our u.s. colleagues will have more on the state of the u.s. economy with the ceo of jpmorgan chase, jamie dimon tune in for that interview on monday. >>> let's get back to the earnings story look at standard charter with a $1 billion share buyback after posting an 18% jump of profit in 2023 the lender struck a cautious tone this year shares up nicely almost by 8%. ceo bill winters gave his thoughts on the chinese economy as standard charter was the second lender to report an impairment from the activities in the country take a listen. >> china grew 5.2% gdp that's not a bad number. >> are you sure it grew 5.2% that is the official figure? i see bad trade data and unemployment data. >> the headline for standard charter, we set the number two

>> my former colleague chris waller, his speech was what's the rush.y have been rebounding here, not as fast. that is okay but as inflation comes down, the policy rate was moved to that level. you should take some of that to move the policy rate lower. is what everyone is arguing about. neil: everyone has their tea leaves to figure it out. sooner or later we get an idea. in the meantime, add another billionaire central banker guy who loves the central banks to a degree but he's in the investment banking business and he sees a problem in the financial capital of the world. capitalism liked what jamie dimon is saying that should add -- have politicians worrying after this. ♪ ♪ bacon and eggs 25/7. you're darn right. solar stocks are up 20% with the additional hour in the day. [ clocks ticking ] i'm ruined. with the extra hour i'm thinking companywide power nap. let's put it to a vote. [ all snoring ] this is going to wreak havoc on overtime approvals. anything can change the world of work. from hr to payroll, adp designs forward-thinking solutions to tak

>> patrick harker this afternoon and neel kashkari and chris waller who has always made a lot of noiseharkre is before the bell, but we are going to get some news that will train into tomorrow from some of those fed officials. >> we will continue to keep an eye on that. thank you so much. of course the headline, then vice chair jefferson saying that it is likely appropriate to cut later this year. but let's go back to the micro, let's go back to nvidia because it is getting fresh highs today after delivering another eye-popping sales forecast. here is what market watchers had to say. >> the most sensational set of results for nvidia. >> this is really the earnings heard around the world. >> i will do my best to serve contain my enthusiasm. >> each quarter, to continue to surprise. the only result that was going to be acceptable was a substantial beach. >> this is a company that continues to execute and completely blown by everybody's most robust forecast. there is great momentum there. people are begin to wonder how many consecutive quarters can this company continue to run with? >> th

i think yesterday the market was able to actually react very positively when fed governor waller, who is known to be very hawkish, didn't really push back on pushing rate cuts out further. and no comments actually went a long way in helping lift the market. the other thing here, as you started to talk about, leadership. there is good leadership, not just in ai, but today's ppi data, you're seeing construction costs. they are starting to trough. and so this is really good news for the industrial companies like a caterpillar and united rentals. i think the market, everybody is focused on ai but i think the leadership starting to broaden out a slight bit enough where you're able to get the market to rebound like it did from a cpi number. >> that's a good point. bank of america notes that material funds, the largest inflow since april of 2022. tech funds, though, of course, still very strong. sixth straight week of inflows. joe, if you're going to put money to work after you've heard about the data this week, does anything really change for you? >> i thought you were going to ask me where

we are hearing from the fed's christopher waller. . he is making a few slightly hawkish remarks.says delaying cuts for a few months should not have an impact. he says he sees a predominantly upside risk on inflation. he still expects to see fed easing this year but there is no great urgency. he wants to wait a couple more months to get more inflation data. saying the january surprise cpi number could be either a bump or a warning on inflation. we heard from a couple fed speakers today. the vice chair richard jefferson saying the on guard against cutting too far in response to falling inflation and the philadelphia fed president saying it is appropriate to cut this year but he sees risk to easing too soon. those remarks being echoed by chris weller. predominantly upside risks on inflation. delaying cuts a few months. that should not have a big impact. tsmc will officially open its fabrication facility in japan on saturday. mass production due to start later this year. it is an early victory. in an exclusive interview, the i.t. industry director tells us what prompted japan's move.

governor christopher waller speaks. he will probably be a win for the bulls, too. will have to say? i call these officials influencers. maybe they need more instagram followers. not sure how we suspend the first amendment rights. stop giving speeches and start being in the eyes and ears of the respected areas. everyone, and i mean everyone, is more harm than good. it's needless to do unpredictability and they are following blindly, doing us no favors york instead, they should speak with one voice. right now we have a very powerful chief who should take the counsel himself. everything you need to know during the press conference, releasing a statement. maybe he is one of the influencers. maybe it doesn't. maybe he was able to put it in a broader context that others don't see. it's strange to me that investors don't seem to see how he operates. he's a decent guy who is worried about how working people are doing. how they can maintain their savings well putting food on the table. the food can't be too expensive. and the cost of shelter. inflation to see if your saving

. >> did you read this piece in the journal on waller. >> on waller >> about how he is being proved rightlarry summers had come after him, for example, that the way you measure vacancies, that a rise in rate was not ultimately result in layoffs, but simply fewer vacancies. it was interesting apparently his voice is becoming more significant on the day. >> the market pays close attention to him he was early first of all on the more aggressive rate hikes when they did that. >> right. >> he was early on slowing down the rate hikes so yes, he's become a little bit of a thought leader, and that makes sense. his background at the st. louis fed in the research department, and they have all the data, the fred data, good charts and economic data they have there. he's been leading on that front. what he's been saying lately the patience, the wait and see, before the fed makes its next move. >> you like to keep an eye on credit card spending you do that and you have some new data for us as well. >> bank of america had weekly data up 0.4% last week that was good. robust they do the weekly numbers it

waller tomorrow is going to be interesting because he was, in some ways, the tip of the spear for rate there's -- i heard for the first time today someone on air say, look, if anything, you need a rate hike, and we need some clarification from people just saying, yes, we're still on the course, which says we're watching more for a slowdown. i don't think any of these numbers -- he was talking about the migrants and the governments being able to rent all over the country because of the huge influx of eight million people, but i car about unemployment. if unemployment were to go to 4% -- there were a couple of big retailers that i want to mention that are teetering, and have liquidity problems. you'll start reading about those layoffs. without layoffs, i think that we're just on hold, and i don't care what these guys say. >> are you willing, at this point, to guess if we retest 4.5%, let's say? >> only if we have a gigantic failed auction. we got our guy, josh frost, in there. >> who you've been a fan of. >> that guy's fantastic. he's a hero of mine because he actually decide -- he speak

we have waller speaking about the u.s. dollar later, which i think is going to be interesting.here will be -- there's a higher bar now for cpi. carl, you mentioned that some of the trading notes are saying, okay, look, they're teeing off the fed comments. a lot of the fed comments post-cpi, and janet yellen, the treasury secretary, have been, don't make too much of one data point. here's what secretary yellen said about it. >> i think it is a tremendous mistake to focus on minor fluctuations in -- and to fail to see the longer term and bigger trend, and the trend here is that inflation is moving decisively down. >> so, she dismissed it. we've heard other commentary. barr was the latest yesterday, the fed governor who gets a vote at every meeting, that he expects it to be noisy coming down to 2%. they're not really surprised. they're playing it down. but i do think, carl, that the market has this nagging feeling that, especially the super core inflation number, coming in at, you know, 0.7%, which was a big upside surprise, now the market's going to need to see more proof that th

entire team to pull him back from the edge because that looked awfully dovish and you mention chris walleran saying certainly not now will be cut rates, michael barr saying we need to take a careful approach, adriana kugler saying there's very little urgency, philip jefferson said later this year, lisa cook said we need more confidence that inflation is coming down. i could go on and on tom barkin were not on the ground, rafael bostic no urgency to cut rates, mary daly more work to do. when they say later this year does that mean after june. >> i think it means later this year they want to see more data and make the decision then but from a policymaker perspective if the real economy is doing well in inflation is it where you wanted to be you might as will keep the policy rate higher, i think there's a little bit of a risk in the attitude you don't want to get all the way down to 2% inflation and still have the policy rate where you had it when you have five or 6% inflation that would be carrying on too long but for now they don't feel much urgency to move. they made a lot of progress on i

governor waller mentioned the revisions coming on february 9 for the c.p.i. data. is that something you are watching as well? if we see those revisions fairly minor will that give you more confidence? chair powell: we'll have to see the last year was a surprise. reporter: if you don't want to use the term soft landing, would you say at least from your point of view now the other scenario, hard landing caused by the fed is off the table or the risk of diminished very much? and you mentioned below 2% inflation on a three month basis core p.c.e. has running 1.5%. those on wall street think if you maintain the level of restriction you have right now, you could end up with inflation running below your target. how do you see that? chair powell: your first question, how to describe where we are. i guess i would just say this. executive summary would be growth is solid to strong. over the course of last year. the labor market, 3.7% unemployment indicates that the labor market is strong. we have had just about two years of unemployment under 4%. that hasn't happened in 50 y

phoebe waller-bridge, fiona shaw, richard jenkins, awkwafina, vince vaughn, stephen colbert.n the movie right now. >> stephen: i love you, cindy. >> john: all right, let's go again. >> stephen: i didn't have an imaginary friend. >> john: we've got to talk about cindy. that's all i want to know about now. >> stephen: i think i am the imaginary friend of -- the girl named cindy. i just chose a child. is there a child named cindy in this movie? >> john: no. >> stephen: never too late. have you finished the movie? >> john: i have not. i have a couple more days. >> stephen: there. >> john: you know what? we already got it, right? we have "i love you, cindy?" that's all i need. >> stephen: did you have an imaginary friend growing up? >> john: this is all imaginary. this is... you're my imaginary friend. >> stephen: so none of this is real? this isn't even the super bowl night? you are saying we are not actually here on super bowl night? tell me? is that what you're trying to tell me? >> john: that's why we don't know who's playing. >> stephen: oh, i know who's playing. it's kansas

fed governor waller yesterday talking about how the dollar is not going anywhere, we don't need anothereen coming into the u.s. and it will continue to do so if we get these growth numbers. >> speaking of rates, as you point out, up today on part on this number we got this morning as we take a look at what waller had to say about the u.s. dollar, we are seeing that typical trade a little more muted than we saw earlier in the week, but those companies with fairly highly levered balance sheets are down. banks for the most part are down this morning. not any big declines to speak of, but nonetheless, even though we did get a positive piece of information from cbre. >> i saw that. >> they say we're cautiously optimistic the worse is over for class a properties where we generate approximately two-thirds of their leasing revenue. cbre. but that would be taken as a positive for anybody looking at the banks and/or others who have those significant exposure to office. >> makes you wonder if we're seeing some sort of bottom. >> again, class a in particular. >> right. there's a distinction there.

this is the intersection of waller and listen, river road seriously is river road is river now or was that nobody was hurt? they were rescued us. fire was to remind everybody and all the officials tell you if you see something, you don't know how deep it is. special gets dark out. you need to turn try to drive through it. >> okay. well, the bay area sports hall of fame has announced its class of 2024 and we've got 5 heavyweights with big bay area ties were men, one woman first soccer star chris wondolowski from danville. adil a sound grad. played for the san jose sharks hear that. sorry that senator look at. there's another one he had many and 24 teams in the world cup with the u.s. men's soccer team. all-time goalscorer in mls history. so that's one kind of football to the other one where ex 49 er wide receiver john taylor played a vital role in all 3 of the niners previous super bowl wins. watch this. he catches the winning touchdown against the bengals. >> and that was in 1989. he was a 2 time pro bowl selection as well. and then there's brian sabian and general manager for the san

at one point, like captain on our map to several which had names like smith and hobbs and waller andi thought, wow, these are such curious sounding english names. and they seem kind of familiar to me. and i had brought with me some of the cast copies of the castaways journals, and sure enough, i found the names in. that was where when some of the castaways from some one of the factions had tried to escape wager island in two tiny little boats. one of the boats had sank and they had not enough room them on the other boat. so these four men were on this little of islands and this is why they are named after them. this is their only epitaph. and the captain didn't know why he, just knew those were the names. we also went by a canal cheap and byron island and eventually we got to wager island. and at dawn, after sleeping by the island at dawn the next morning we got into a little zodiac. i'm going to show you a photograph because i look so good in it. i share this photograph, the wishes of my wife, just to show how bundled up i was. i had all these layers. a war hat, long johns and yet i

this is near force ville and sonoma county near the intersection of waller and river roads. the person in the car were told was not hurt. sonoma fire is reminding drivers if you come across flood waters like this turn around and do not drive through it. after initially planning to reopen today, the pacifica pier will instead partially reopen on thursday. the city of pacific assessed the pier will be closed due to high waves that are expected today. part of it reopened last wednesday after being closed since december when the pier was damaged during winter storms. the city closed the pier over the weekend in advance of all the dangerous weather that's passing through. now, we still don't know when the pier will fully reopen. engineers say a complete assessment of the damage will not be done until march because storms between now and then could cause more damage. step to date on all the storms happening with us here on kron 4, you can always get the current conditions and road closures on kron 4 dot com and to get there. all you need to do is scan this qr code and we'll take y

and this is how things looked on waller road near forestville. >> people in vacaville are staying preparedor extreme weather. officials are keeping an eye on hillsides for possible mudslides. the weather swung to extremes throughout the day yesterday, raining a ton one minute, followed by pockets of blue sky and sunshine. >> i'm hoping to just skips over us. >> i have friends from out of state texting me and wishing me to be safe and to be careful in this weather because they heard that tornadoes are coming and flooding and all that. >> no one was taking any chances out at nut tree airport at this flight, school staff made sure the aircraft were all tied down >> southern california is dealing with major flooding flood warnings this morning. creeks in santa barbara county turned into river from the runoff. flooding into the airfield has closed. the santa barbara airport once again. that's the second time this has happened in just the past few weeks. in ventura county, it's mudslides that has everyone concerned. >> we're also keeping an eye on the hillsides and their saturation levels and ma

this is how things looked on waller road near forest hill before noon. the water level getting higher back to davis. matthew and the tree branch that went through his home today. >> just fortunate that no one got hurt. loma county fire district tells me. >> they got a lot of calls today for fallen trees, as well as downed power lines, as well as flooded streets. but the good news again is that no one was hurt. we're live in santa rosa, suzanne phan abc seven news. >> yep, that is certainly good to hear. thank you. suzanne check out this time lapse. we recorded this in south san francisco today. you can see the clouds moving rapidly across the sky and get the latest forecast. anytime you can track the rain, you can do it with our live doppler seven radar. just search abc seven bay area in your device's app store to download it now. >> coming up next, it's going from bad to worse for a crab fishing boat stuck on the sand by the bodega bay, and time is of the essence. we'll explain why. also ahead. biden and biden , you're a liar. >> biden and biden, you ar

. >> heavy rain caused tributaries on the russian river to spill over into vineyards, flooding waller road. all right, we're here at russian river brewing company in windsor, uh- our power went out last night at about 630, and no news yet from pg and e as to when it's going to be restored. natalie rizzo from the russian river brewing company says her crew took matters into their own hands and rented this 800 watt generator to keep the beer cool. we were able to save the beer, and we were able to get a little packaging and filtration done today in marin county, first responders say high winds toppled this big tree into a home in forest knolls, causing extensive damage. no one was hurt. >> i just heard a boom. and when i guess my eyes opened, i saw a flash over there and a. couple of seconds later, there was another boom. and there was a flash here in novato, heather catalon says a eucalyptus tree fell overnight off alameda, del prado. >> it snapped two power poles on the way down and left her with no power and a very big mess in the neighborhood. >> wires were everywhere and it was jus

sonoma county near the intersection, waller and river roads, allstate river. road vetting.not hurt. a reminder don't cross a flooded street. you don't know how deep it is. look at audi that i see the guardrails on the side of the road disappear into the water. you know, it's a little too deep for and sometimes doesn't have to be that but it's rushing. and then if it. >> get your wheels up there. not not good. but those pictures this year, though, are beautiful. i like the snow have so like the fact that we're a get more and more of it. john, are we getting close to average for this time of year? finally, we're finally doing good cause yet just as soon as a month ago. >> we were fallen way behind. i just want take a second step out and enjoy this view. this is what happens after the snow. the beautiful fresh white snow, not even any animal tracks. and there speaks. you want to go up there. but it takes a lot work to get up there. that's the problem. this time of year. but what a beautiful view we are seeing just a couple more inches of snowfall today. really like 2 more inch

. >> heavy rain caused tributaries on the russian river to spill over into vineyards, flooding waller road. hi. we're here at russian river brewing company in windsor, uh- our power went out last night at about 630 and no news yet from p-g-and-e's as to when it's going to be restored. >> natalie chiluiza from the russian river brewing company says her crew took matters into their own hands and rented this 800 watt generator to keep the beer cool. >> we were able to save the beer and we were able to get a little packaging and filtration done. today in marin county, first responders say high winds toppled this big tree into a home in forest knolls, causing extensive damage. no one was hurt. >> i just heard a boom boom. and when i guess my eyes opened, i saw a flash over there and a couple of seconds later, there was another boom. then there was a flash here in novato, heather catalon says a eucalyptus tree fell overnight off alameda del prado. >> it snapped two power poles on the way down and left her with no power and a very big mess in the neighborhood. >> wires were everywhere and it

so county, the intersection is waller and get this river road that's river. alright and so officials remind you when you see water turn around, don't try to drive through it because you don't know if it's rushing really deep >> and when it's dark, of course, even worse. >> 9.46 is the time with all of that weather news. let's get over to the weather center and find out from john what it's looking like going forward running. yeah. i wanted to go back to the snow for has its gorgeous. i wanted to show this half moon bay share it with you guys. absolutely gorgeous. but >> oh, my gosh, i keep doing that. it's a have told thank you for really like the 10th time i've done that. see, that's have don't don't don't be like but yeah, just 70 national park. says curry. also you the half moon bay view but this one really looking good with all that new snowfall. just a couple more inches of coming down today, really at the tail end of any new snow accumulation. >> as james was talking about those impressive numbers that we've been seeing. new snow survey, northern sierra

rebecca waller is, did i get it -- rebecca walser, did i get it right in you're always cheerful, confidentour concerns become even more magnified when you see people ignore the data or write it off every day? every morning on financial tv especially, ah, the ppi was high because, yada, yada. and, you know, things that you say to yourself when they put the estimates together, didn't they know it was going to be -- [laughter] you know, weird things like that, you know? all week long all the data a's been written off as no biggie. >> yes. you know, it actually reminds me of three of the four largest bank failures we've ever had occurred last year, and every time we were able to somehow get away with what's isolated, it's idiosyncratic. and even this week, new york community bank, oh, you know, they had rent control, it's ver. we have a commercial real estate crisis is the since 2020. it's twofold. it's a changing of the actual, you know, way people use office space, and it's higher cost of capital. and those two things are very problematic. but, yeah, hot cpi, hot ppi and yet the market keeps

dusty baker, rickey henderson, dave stewart and tye waller announcing their shared endorsement of lee'sampaign. lee said she is honored to receive support from the players. she's been a vocal supporter of keeping the a's in oakland, introducing legislation. the moneyball act, which would require any professional baseball team that relocates more than 25 miles away to compensate the local community and the state. >> the u.s. supreme court has agreed to take up another high profile case involving former president donald trump. the justices will hear arguments in april about whether trump can be prosecuted on charges he interfered with the 2020 election. the former president's legal team has argued that he cannot face charges of conspiracy and obstruction. they say that presidential immunity for civil liability in office should apply to criminal charges. a decision is expected no later than the end of june. >> the real victory here for trump, it deals with the calendar. you know, the overriding push of smith, a special counsel, has been to get a trial before the election. he's running out

waller, the fed governor, the risk of waiting a little longer to ease policy is lower than the risk of acting too soon. you are getting a lot of, okay, we can weigh. the economy, maybe earnings in some respects has given us the capability of waiting. they are still coming. isn't that all that matters? rate cuts are likely happening this year at some point. >> we think it is becoming more of an if, at least in the first half of the year. the fed, and we keep coming back to this, has never cut with pm isaac celebrating. they are turning up. we are seeing a cyclical recovery in this economy partially because financial conditions of east so much. financial conditions are at the easiest level since 2021. obviously, a very different backdrop for the fed which just says, there is very little urgency for this fed to be cutting rates. it would call into question, if we don't get any cuts this year, again, not our base case yet but a rising probability, could that challenge yields? >> i will bring up what someone said today, i think he will agree with this today. don't be surprised if you're use

this was just at waller road near forestville yesterday and crews say it's the most common call they during this weather. and of course drivers think they can make it through and then suddenly they get stuck. and i can't even imagine being the person inside that car thinking oh my gosh, i thought i could do it. and i couldn't. so i mean, during storms like this, we know to turn around or to stay still or maybe just wait it out of course too. we know we have places to go. we know we have places we need to be. but take a look at this. areas like san francisco yesterday, ended up getting over an inch and a half of rain within a 24 hour period. that was the time that we were not supposed to be out there out on the roads especially during a flash flood warning. and we saw that in different communities throughout the bay area yesterday. as that major storm swept through. anywhere from that 1:00 to 2:00 hour. up near astros stow we got an inch of rain from the same system but it's interesting because near petaluma a quarter inch of rain. the storm started breaking apart as it moves inland.