21 Burst results for "Chris Harvey"
"chris harvey" Discussed on Bloomberg Radio New York
"World is listening financial capital of the world twenty four hours a day on the Bloomberg business and this is Bloomberg radio all Bloomberg world headquarters signed Charlie we move into the final are trading on this Thursday November seventh the down the S. and P. nasdaq all higher trading it records right now but we are well off our session higher risk on rally the grip local financial markets is U. S. China trade talk show signs of progress has faltered after Reuters reported that the plan to roll back some tariffs is meeting with resistance in the White House right now the S. and P. five hundred index up ten a gain of three tenths of one percent the Dow up two hundred three points up eight tenths of one percent nasdaq up thirty two that is a gain of four tenths of one percent ten year down thirty thirty seconds the old one point nine two percent as for markets in trade Chris Harvey is head of equity strategy at Wells Fargo securities we're actually starting to worry because typically when markets are higher sentiment starts to turn positive chunk it's a little bit more aggressive the Chinese are starting to push and trump doesn't have a whole let's just say a whole lot of patience so we always thought lead in two thousand nineteen we get something on the table we're getting there but we're starting to get a little bit worried if we don't see something sooner rather than later among the companies scheduled for sport earnings today after the close of trading the Walt Disney company shares up now by one percent the online travel agencies plunging today among them Expedia after earnings down twenty six point six percent tripadvisor tumbling twenty one point one percent Ralph Lauren rose after the apparel maker reported same store sales growth in three of its regions Ralph Lauren pop by fourteen point three percent Ford suffering its first loss in early voting on a four year labor contract with the majority of you a W. members out of six floor SUV factory in Chicago opposing the proposed back contacted gold down one point four percent fourteen sixty nine Beyonce West Texas intermediate crude up one point one percent fifty six ninety nine about so again recapping a rally under way with the down the S. and P. and nasdaq all climbing to records S. and P. of eleven a gain there of four tenths of one percent I'm Charlie palette and that is a Bloomberg business flash you're listening to Bloomberg businessweek with Carol Masur Angie's in Kelly on Bloomberg radio I'm gonna tell you right Donna is going down Rick is gonna just made between Carol master initially with Harvey Keitel now we decided Howard Cosell I'm not sure that's any better yeah say what we your phone the only what it looks like Margot Robbie hearing witnesses my levitation Kelly.
Stocks slammed on slowdown fears
"We begin with breaking news stocks slammed as a major sell-off hits. Wall Street the S. and P. Five hundred posting its biggest two day drop since August August and the selling was widespread all eleven. SNP sectors finishing the day in the red so the question tonight is simple the time to get worried tim well the data seems nice to be getting worse and so we have some important data coming up tomorrow and on Fridays I assume services and we tend to want to believe that this is the more important number as opposed to manufacturing number which everybody Eddie spooked. This is a trade war. That seems to be manufacturing trade war to what extent we get that tomorrow it should be noted that last month's ISM services was they very bullish number which had the markets reverse a two day plunge just like the one we've had when people thought okay here we go but you also had. ADP which showed that the labor market ser- ser- it could be if you look at the kind of three month average on jobs on ADP were down about twenty five thousand over the twelve month but not much as changed yet in the labor market yeah carrying you said last night thank you were getting worried. You're more worried run relative basis. Are you even more worried today. I'm a I'm a little more worried today but I'm starting to see. There's a lot more fear in the market right right. There's a lot more things are starting to feel a little bit a little panicky not a super panic but you know one of the things. I watched really closely as the vix. We had a very big spike in the vix today. I'm actually I think now is not the time to buy volatility. I think it's too far too fast and if anything we have sort of the story the the EU tariff that just came out. If that's sort of that was some Tesla numbers we will get later if that's sort of starts a momentum down now. There's a big down open. I will probably be selling protection into that. I like to look at to buy things when they start to trade an integer some of which I own sadly that are trading and introduce down. I'm going to be looking for some of those to add technically. We were weak. We cut through the fifty cut through the day. I said at the other end of the show. I don't see us doing doing what we did last year. I mean it's too easy so I do think I don't think the worst is over but I think you're okay to dip a little bit on the buy side. You would buy this today. The other day about alter sold it a so so stock specific today thought about buying Roku was on the fence on it things that have been beaten up drastically that are due for a bounce. I think you're okay with so just think about this time. Last year. The was up almost ten percent pity around twenty nine. I'm fifty and no one thought we could go down twenty percent no matter a month and we did and and I don't think anything's too easy when we're talking about selloffs in the market especially when we have a situation where rates are so low and people think it really is the only place to be. They think that US equities is the only place to be relative to what's going on in Europe Asia that sort of thing. I just don't like hearing this trade stuff up moving around. I don't like it floating. I know we've been talking about trade as it relates to China and that is the most important thing that is the economy that's growing six plus percent and when they slow down it reverberates all all over the world but I don't like the fact that we know the data in Germany's been horrible. Okay is practically in a recession and that is the big economy over there so we start talking about this trade war or having the potential to go on multiple fronts. I say to myself you may get your headline that you're waiting for an China trade. PM is the global we're negative. They were the first ones that were negative. They were negative. Were over a year and now for the last two months. You're starting to see that turn so might be. Aus- chasing facing them down at this point. I don't know well I m days. That's terrible news. I mean being the last man standing when we certainly we have the resilience that we have in this economy. Look I mean we talk a lot about credit and people come on save credits. Okay you're not. GonNa see credit. Hold up if you start to really see the job market off because consumer credits going to trickle through but also the corporate credit side. We talked about this bounce. She's numbers by the way if you look at the the High Yield E. T. S. whether you're looking at the H. Y. J. H. Y. it's down two points over the last couple of days not great news so if you look at the two day moves though in a number of sectors including banks banks in two days have taken taken out almost that entire rally twin and China is and has gone down although the healtcare Stephen because the expectation on the low end is actually getting a little bit more. I I also think it's kind of interesting to go back and think about two thousand sixteen which is a very volatile year. There's a lot of stuff going on brexit caused a lot of volatility June July of two thousand and sixteen and into our election and I think we're starting to see just this week. We're seeing politics start to infuse themselves into our market so bit and you know I'm on the air. Today I heard well does that leg down because Bernie's in the hospital and that means that Warren might be the this is stuff that we're going to hear for the next year so it may start to have an impact earning star when there's whenever there's a void of something real fundamental to buy into the markets trade off of whatever you give and do we think that earnings are going to be decent for the third quarter. I mean given what we've had so far Micron Carnival Fedex clorox taking their guidance down today. Delta saying that their costs are higher. I don't know well. I thought Delta is actually a little bit overdone. Yeah I mean but on a day like today. It doesn't really matter things are GonNa get overdone and the pendulum swings very far. I'm interested to see what the banks tell us not so much what happened happened during this past quarter but what they're seeing not just for their own business which is really important obviously for what they they have a great insight into what is happening in the US economy so that we'll be really interesting. you know the autos kind of rolling over. Don't love that either right but I do totally agree with. Steve we need. That's the main something to me. The main piece of data when via stock is what are the fundamentals of the company not not Lauren or who's ahead or what you know and also would also look at. We start off the show. I'm saying we're where. Are we going to be the same way as it's time to buy time to sell last year we had everyone was raising rates or we were on the raising a a higher rate path. Now everyone is on a lower rate because needs are really bad. Here's the thing at a certain point is going to matter. I don't like it doesn't matter now. I don't like the technical setup. I think we're in week since around that three thousand level when we broke down from there my issue. Is that the Fed does not have enough AMMO Komo to fight the next recession unless he uses the balance sheet so once you use the balance sheet. That's a whole nother Pandora's box. That's the only thing we're talking about. Technicals that goes and we're talking about kind of where we are. In the market cycle. I also WanNa talk about positioning which we talk about all the time and ultimately think it's the most important thing and while we've talked about equity investors certainly could be considered underinvested in Agra. We look across retail and institutional. If you look in the data that I'm getting from my prime brokers as it relates to total gross capital at at the balance sheet the size of capital work in other words how much exposure is in the market. We're at ninety fifth percentile for hedge funds for long short hedge funds and other as they may be more net neutral and they you may not be net long in ways that they had in the past but they bigger balance sheet which is dangerous in other words at times of higher risk which whatever you WanNa say about where we are. We have so many more factors out there that could be things to be worried about and the fact that the Hedge Fund community is near what would be seen extreme levels in terms of overall Balaji. I don't like back going into the fourth so in other words if there's if there is a cell situation head for the exits than we see all that money I could actually see guys as things have to change into your and some of these guys might not even make it through this. They'RE GONNA have to be selling some of the crowded winners and you're actually going to see some of the weaker hands and some of the weaker stock to actually achieve catch a bit on short-covering but yeah. I just think you're supposed to simplify during a difficult period right now. You're not supposed to get more complicated and I think that there are guys that have become more complicated. Yeah I just again you know I. I don't think it helps market participants that the president just yelling at everybody all day today all day long that we're on every network you know that sort of thing and I just just think back to two thousand and nine when we were in the throes of just the worst sell off that we've had in a long time and we had a president who was pretty calm. Just you said that sort of thing and I think those are the sorts of things would really be helpful going forward and so I think this is something that you guys better get used to because this is going to happen here on out you on a daily basis as we get into the end of this year and we've had a president has been y'all. Everyone in the market went to all time highs. I think now right now anything Stephen Eighteen market timing is under the president. That's being gay and it went to all time highs under every other. I don't think that's your litmus test. I think what you have to do is dig in starts starts but the point is is that yelling at the Fed in trying to kind of get them to do something that may not be particularly natural says he'll be aware of something. We've been aware of this. We've had a president. You've been complaining about this president for the last four years. We went to all time highs. That's the point I'm making. We haven't done anything he may. He may preside over one of the worst sell off. We've seen in a decade too because the policy is also catching up to. That's a really important point. I slightly moving on what back to to what you're talking about is where politics will inject and where they haven't even mattered think about what we're actually starting to contemplate if you get any change from this administration. None of it is is good. None of is good for the mark is what I'm saying. In terms of what you have in terms of legislation art agent indebted hasn't ranked eighteen months and it hasn't been good for the economy so forget it. I'm I'm not making up. Hold on that from here on out. If you change the prospect of the status quo the market's not gonNA like it one of Wall Street's biggest bulls believes the market is overreacting acting to risk recession fears. Chris Harvey is a head of Equity Strategy at Wells Fargo Securities Chris Great to have you with us on a daylight today. You actually say it might be time to put money to work here on on this back back. What we're looking for is so obviously we saw what the manufacturing did. We'll get is some servicing tomorrow so for in line or less. I would expect the equity market to start to sell off a little a bit more. We get a one two percent sell up then it starts getting interesting twenty-eight.
"chris harvey" Discussed on CNBC's Fast Money
"Not particularly high roll it back to the late nineties. Where we had things that twenty five thirty times that's expensive here on a relative basis, things aren't all that expensive fed cuts rates. What does the market do be says go down potentially? So I I don't think it goes down. What even getting before? Then what happens with the g twenty what I think is Trump wants things to go. Okay, but not great because he does want uncertainty in the marketplace, that's going to cause the fed to cut, right? If the fed does cut. I think it's better the yield curve tents has has gone up. It will continue to go. That's good for the banks. What can get the market higher is if the financial start to work. Now, if the fed cuts, we have breed, slower Trump can start saying, okay, maybe possibly, we have daytime in. Oh, by the way, I'm going into election cycle. I can't start turning up the heat into an election cycle because I can't have the global economy and definitely not the US economy rolling over in that type of situation. So you could have the sun. The moon SARS start to align the bars low don't you think going into the? Twenty the meeting between Trump and she, I don't think there's any, I think all they need to come out and say, is that it was cordial. We had a great dinner. We're gonna keep talking. Are we expecting something more Taryn some point, you have to have some movement beyond just, hey, we're talking again? I don't know if that's this g twenty I do know that there's a lot priced into this a lot of expectations. But at some point, you're going to have this os really nice. We had a nice Cup of coffee and a huge piece of cake, and the market goes down that could be next week. That's all I'm saying. It just seems to me that after the may six tweets or whenever those were that we're kind of the fresh kind of volley on trade. We had this case, where the fed then went extra the extra yard. And so you have this case, where really the fed once again, really trumps anything, and, you know, maybe, maybe not intended, but really will outdo, anything that goes on at the G twenty and right now, the fed is your friend. There's nothing that's going to change the feds ways and means right here. Now we've seen that, for the last eight years, every time you've tried to fight this dynamic in the markets has been painful. Right. Isn't that the bottom line? Why would it be any different this time? So what what's different this time is that we actually had crises brewing back in two thousand and two thousand and one and then again in two thousand and seven and eight we don't have one here except for the fact that is self adduced, Chris made a lot of great points that we can get through here here anymore. Well, we can get I didn't thank him yet. He's still here. We, we can get through this period, unless we still have these own goals, and that's kind of what's going on. And when you hear an equity strategist talk about how the president is trying to thread needle into an election year. That makes me a little nervous because when you have all of this negative yielding rates globally, you have our rate, cutting cycle starting from two and a quarter percent. We are that far away from some big, big this half that we do not have the ammo to combat if we do end up having a crate, which is why goals going what it's doing. That's right. I'll let you sum it up. What's your last workforce? We're going to thank you. Be careful. Don't let your hair on fire, but there is up side opportunity. All right. Good stuff, Chris. Thanks this. Chris Harvey, as Wall Street awaits, the big G twenty summit later this week, a handful of trade war. Stocks are soaring traders will tell you which stocks to trade or fade into the event, and that is next. Plus bitcoin coming off another wild weekend crossing back above eleven thousand so how much hotter can is bitcoin rally, get top analysts will be here to weigh in along with bitcoin PK.
"chris harvey" Discussed on CNBC's Fast Money
"What does it tell you all these assets going? It says to me that the fed is looking at inflation, and all the wrong places inflation is right in front of your face, and it's manifesting itself, and all these let me throw another question out there to be K. Let's. Seven minutes to answer. Are you negative or are you just afraid to be positive because of all of the risk factors that around I would say that I am? I'm cautious. Because we've had such a run. We have been in a trading range for a year. It's been a big trading range. We're at the top of the trading range. There are signs out there that things are not as great as maybe and one percent away from the higher at all time, highs suggest. So what I'm saying is I'm cautious. I don't have a lot of equity exposure at this point in time. I don't think you need to I think you can buy puts if you wanna hold onto your stocks. But I think you need there certain times, and in this market, what we've had for the last year, there's certain times, you just need to be a little bit cautious. That's, that's what I would answer the question. Conscious like eight tugs. I'll feel about this. How about structurally cautious but tactically optimistic and this now we're like three times in the last week, and I'm gonna keep saying. The bottom line. Here's you have a handful of dynamics for market which which is at all time highs. Okay. And I realize that people don't like the quality of what's at all time highs. But there are some of the greatest companies in the world that right now are at all time highs. And these are companies that when markets were also at a low growth standard. We're not we're not doing I mean coca underperform for years when we in twenty fourteen twenty fifteen and we were kind of going through this fed induced, NRP environment, and people are wondering what happened to these great companies, these great companies are now actually chugging along at all cylinders. They look very healthy three casual generation, etc. Etc. So I mean, I think you just have to take the market, that is with you and not get carried away, say, everything is perfect, because there are a lot of issues out there. But, but the reality is right from perfect. I think what it's consumer spending. I think it's closer to bed than perfect. But that's what makes markets, but you could probably answer that, question, a lot more succinctly and we go. Guy, Chris Harvey, who might as well, one of the four the forth manning, brother. Do you want to do you want to enjoy them? I mean, welcome Chris Harvey. I won't even read that Wells Fargo securities what he's strategy is he good or is he good. He's great. He's outstanding. All right. You heard it. I mean I feel more negatively than than positive feelings about the market on the desk. What about you? All right. So there's a couple things a couple of litmus test. We looked at. So what has low volatility Dunston September low volatility outperformed by thirteen fourteen percent. Would it do in two thousand eight it outperformed by fourteen percent. Second litmus test. Let's go back to the summer two thousand seven. Let's compare that to fourth quarter of eighteen what happens six points out from the summer two thousand seven equity market was down three percent. The fed made emergency cut in. Oh, by the way, Bear Stearns was about to go belly up. Now what are we looking at? We're looking at the SNP up twenty five percent. We're looking at the fed, perhaps, cutting and, oh, by the way, the Bank stress tests, just came through and Bank balance sheets are quite quite strong. Right. But we're not trying to acquire whether the banking system is stronger today than it wasn't. Oh, seven. What, what, what are we going to have to do with being is a lot of people were in a better? We're in a better situation than we were seven and a lot of people are saying, recession, recession recession, we've not seen those telltale signs now does the banks are better capitalized. I mean there are other songs that you could. So banks are better. Capitalize credit spreads tightening. And yes is is rolling over new orders rolling over payrolls, don't look great..
"chris harvey" Discussed on Bloomberg Radio New York
"From Bloomberg television. Here's Sherry an improving backdrop in the US and signs of stabilization in Europe. And Asia is prompting Bank of America to relax. It sounds on the stock market and in may not be alone. Wells Fargo's Chris Harvey's considering raising his SNP target which shipped Shipton from one of the most bearish on Wall Street and into the ranks of the ball count. He joins us now. Chris O Tel with rates were there. Now what fair valley? Before the S and P five hundred what's driving us to improve our price. Target is the fed has got on hold. They become very dovish. The other thing. That's happened is interest rates have come down and credit spreads have tightened. Furthermore, were probably low or close to the lowest rate on EPS. And so when we start discounting things are SAP price. Target does go higher, and I think at the end of the day, we're a little bit too pessimistic. And when we made that as a price target what we'd seen or what we were expecting the fed to raise rates this year. Should we be concerned though, about a self-fulfilling pullback in stocks when recession concerns it take a hold? So we're worried about the short-term because again, the fed is w says they can be the other thing is we're into pre season interest rates are coming down throughout the globe. Fears of recession are starting to go higher. We don't think those fears are founded, but you have to acknowledge that and that's going to wear markets in the short term. Hear more interviews like this one on Bloomberg television, streaming live on Bloomberg dot com and on the Bloomberg mobile app or check your local cable listings. Global.
"chris harvey" Discussed on CNBC's Fast Money
"But if you if you attribute any of the run-up due to pro growth policies, less regulation, if that is going to be gridlock. You're not gonna get any of that. So how do you make the case with whether or not rates are coming in now or not to guys question? They're still going to be higher than they once were we're going to have less pro-growth policies. How do you make the case for twenty nine forty in the SNP again or above twenty nine? Oh, four so. Yeah. Exactly for this year. Or even when you're talking about the landscape has changed. So we've had a lot of. Pain so going and talk to we telling clients that de risk when you're twenty one hundred d risks. We saw a lot of good news priced in that derailed has occurred. I haven't seen this kind of de risking in years. There's going to be a massive culling of the herd at this point in time that is going to less sellers at this juncture now when we look forward there's a lot we've dealt with a lot of negative news as we look forward. We're going to have positive news around the holidays, we're going to have positive news as companies look forward apple worn Amazon warned whether it's whether whether or not those are the two names so that dictate where the consumer is going to be so apple worn Amazon one. And now it's in the price. So now, we can work higher from here. And if the consumer is better, and what we know from the credit card companies consumers better we haven't factored in lower oil prices. And as we look forward, the employment picture is still very strong, all these other issues. I'm not saying things are great. What I'm saying is things are difficult, but there's now opportunity here and that opportunities because you've uncovered. And as we go forward you can start to unlock that in the short term portrait. Thanks, chris. Get to see Chris Harvey Wells Fargo Tim Seymour. Well, by what Christmas selling a rally into year? I always listened intently to Chris. And I think he brings some good points. I think what's what's debatable? Okay. He's gone. The line is look I think what Chris has to say in terms of the rally being exhausted in where people are positioned differently than they were say a month ago. Yes, they are is my sense that people actually still believe that we have this year end rally. Yes. And that's a bit of a concern. But forget reading tea leaves market sentiment. I'll say it really simply bond yields are they going lower because oil prices are going lower. No, the price is going lower because bond yields are going lower possibly, but the bottom line is the bigger issue is a gross scare is much more important than an inflation scare for markets. And that's what we're experiencing right now. It doesn't mean that we think we're going into recession. What it means is if you said seven percent earnings growth on the SNP next year. I don't think we're going to get there. And I don't think stocks have that in. All right. The great oil plunge rolls on as cruising so its lowest level in the year as takes down the energy sector. We're asking how much worse can get the traders will weigh in nets plus small caps could be signaling a big problem for the market atop technician breaks down the dreaded deck cross. And what that could mean for stocks and later checkout shares of till right that pods. Taking a hit. After starting support. We will tell you at the CEO said that has Gerald or so nervous. We're live.
"chris harvey" Discussed on Bloomberg Radio New York
"Force base. I'm Barbara Kusak. And I'm Charlie Pellett at Bloomberg world headquarters. Stocks dropped from early session. Highs to Kappa record-breaking week with something of a whimper declines in tech giants including apple Amazon and Facebook dragged on benchmarks as quarterly rebalancing spurred trading S and P five hundred index breaking its three day win streak. The Dow ending the week at a record. So where does this leave money managers? What are they looking ahead to Chris Harvey is head of equity strategy at Wells Fargo securities? If you're a mutual fund manager, you're looking Tober thirty I which is when you close your books looking at twelve thirty one which is when the year ends you're thinking about nineteen and you're thinking about what's going to happen in nineteen as far as central banks central banks are now tightening. What should you be doing? You should be going up and quality, and you should be reducing worse. No matter what happens as for the rise. In treasury yields this week Krishna Mamani is chief investment officer at Oppenheimer funds. I think it'd be end of the day. It's really about the US. Economic doing much better than what everyone was expecting that. That is the primary driver OPEC and its allies seemed poised for another contentious meeting in ALgeria this weekend as Iran wounded by American sanctions cries betrayal and threatens to veto decisions. Christopher sell covers oil for Bloomberg news. Not the debate over how the agreement in June should be basically the wording who can increase output. What to what extent it, basically? Does it matter not really because Saudi Arabia and Russia have already started increasing production? Pam west Texas intermediate crude ending the week close to seventy one dollars a barrel. As some five hundred index retreating from a record down a point at twenty nine twenty nine down less than one tenth of one percent. The Dow up Eighty-six up three tenths of one percent. Nasdaq down forty-one a drop of five tenths of one percent. Global news twenty four hours a day on air and tick tock on Twitter power by more than twenty seven hundred journalists and analysts in more than. One hundred twenty countries, I'm Charlie Pellett. This is Bloomberg..
"chris harvey" Discussed on News 96.5 WDBO
"Richard Cantu roughly twelve thousand firefighters are battling wildfires in California that have killed at least six people evacuees from renting California where the big fire is staying at Shasta college were disappointed to hear that the forecast is, for high temperatures low humidity and high wind, public information officer Chris Harvey fire's completely encircled. Whiskey, town reservoir now south also has some fire spread to the east to the north year up into. The forest service land area of containment is still, just a small five percent ABC's Alec stone on, the fire line Justice scope of this fire is incredible at. Ninety thousand acres I'm with a group of firefighters way up in the mountains at three thousand foot summit here with fire is burning driving from one side of the fire. To the other it can. Take an hour it's a long distance over a hundred miles. Of fire line it could be mid August before the blaze is, totally contained firefighters working twenty. Four hour shifts fire, officials in Greece raised the death toll from a wildfire that raged through a coastal area east, of Athens too Ninety one up from eighty six twenty five people remain unaccounted for six days after the blaze began, President Trump has been exercising is itchy Twitter, fingers in a series of tweets repeating attacks. On, the news media and returning to the idea of a government shutdown if he doesn't get what he. Wants on immigration including the border wall presidential attorney, Rudy Giuliani says former attorney Michael Cohen regularly recorded, clients but Mr. Trump is not on the vast majority of. Them we know of something like a hundred and eighty three unique conversations on tape one of those with the president is days Giuliani on face the nation on CBS American. Airline says it had no. Flight cancellations during a nationwide ground stop the airline says the. Brief stop was produced by a connectivity issue between its computers in, a data center you're listening. To ABC news data,.
"chris harvey" Discussed on WBSM 1420
"I'm. Richard Cantu roughly twelve thousand firefighters are battling wildfires in California that have killed at least six people evacuees, from Redding California where the big fire is staying at, chefs to college were disappointed to hear that the forecast is. For high temperatures low humidity and high wind, public information officer Chris Harvey fire's completely encircled with you town. Reservoir now south we've also had some fire spread to the north here up into. The forest service land area of containment is still, just a small five percent ABC's Alec stone on, the fire line Justice scope of this fire is incredible at. Ninety thousand acres I'm with a group of firefighters way up. In the mountains three thousand foot summit here with the fire is burning driving from one side of the fire. To the other it can. Take an hour it's a long distance over a hundred miles. Of fire line it could be mid August before the blaze is. Totally contained firefighters working twenty four hour shifts Fire officials in Greece raised the death toll from a wildfire that raged through a coastal area east of, Athens to ninety one up from eighty six twenty five, people remain unaccounted for six days after the blaze began President. Trump has been exercising itchy Twitter fingers in, a series of tweets repeating attacks on the news media and. Returning to the idea of a government shutdown if he doesn't get what he wants. On immigration including the border wall presidential attorney Rudy, Giuliani says former attorney Michael Cohen regularly recorded clients, but Mr. Trump is not on the vast majority of them. We know of something like a hundred and eighty three unique. Conversations on tape one of those with the president is state Giuliani on face the nation on CBS American Airlines. Says it had no flight. Cancellations during a nationwide ground stop the airline says the brief. Stop was produced by a connectivity issue between its computers in a, data center you're listening to ABC news when, working at a growing business you, wear many hats, the new, business hat the buying toner, for the copy machine has the sifting through tonnes of resumes..
U.S. Treasury's Mnuchin says he sees at least 3 percent growth for next 4-5 years
"Caused by the hurricanes last. Year he decided to help out and to sing about it this album isn't necessarily about the devastation or the destruction it's about the moving forward. That's all coming. Up but first this news Live from NPR news, in Washington I'm Janine. Herbst in northern California the massive wildfire around reading continues to. Burn zone Hudson for member station k. q. e. d. visited in evacuation zone for the car. Fire earlier today I've been driving around in an evacuation zone near. Reading and in that area the car fires. Burned entire hillsides landscapes completely blackened ashes flying around like snow flurries also in. That area there's a lot of homes, that have been completely burned to the ground by the fire they're, totally flattened there's lots of melted and twisted metal but the fires burned so randomly one house on a street could be totally fine and the other could be totally burned to the ground. At tens of thousands have been evacuated many are wondering when they'll be, able to go home are spokesman Chris Harvey says it could be a while your. Safety and the safety of the fire in law enforcement. Cruises number one and in order to ensure that safety. We have to make sure. All the roads continue. To be, closed and An, open only, to law enforcement and fire traffic and. That means that you're you're not. Likely to be allowed to go home anytime soon the fire is still only five percent contained Treasury Secretary Steven Mnuchin says the economy will. Continue to see strong growth for the next several years of you, contrary to many economists, and peers mirror Kennedy reports figures released Friday show the economy grew four point one percent in the second, quarter the latest growth rate is the highest one in nearly four years and on Fox. News Sunday Treasury. Secretary Steven Mnuchin said to expect more, of the same we. Can only project a couple of years in the future but. I think we're well on this path for several years he predicted four or five years of. Sustained three percent growth many economists are sceptical that current rates will. Continue though Federal Reserve officials told congress this. Month that they project GDP growth rates of under three percent next year and. Lower in twenty twenty and the ongoing, trade fight also has potential to limit growth Mary Kennedy NPR news Washington Dave before Zimbabwe holds historic elections longtime former, ruler Robert Mugabe gave us a prize press conference at his. Mansion today supporting the opposition and fears ater Peralta has more. Mugabe's sits on a green office chair in Zibo in the middle of his vast estate he's been here since the military forced him to resign in November and he lets it be known. That he will not be voting for Emmerson Mnangagwa who staged. What he, calls a, coup We're That means Mugabe the man who ran the ruling party for almost four decades will be voting for the opposition Mugabe who violently squash dissent, says he now hopes Zimbabwe's will be able to return to quote constitutionality. People he, says should be able to vote freely and fairly in pure news Herati and you're listening to NPR news from, Washington and this is WNYC in New. York I'm Sean. Carlson each of the nearly six thousand apartments in the stare at, city complex lost. Power early this, morning the sprawling complex in east New York has its own power plant workers resolved the issue by late, morning but it would take another several hours for the power to be fully up and running in each building. Barrel Thomas a home health aide couldn't get one of her clients because the elevators were. Down so she sat on a bench outside and waited and my. Client she's oxygen does she can't get anything? On I can't go the. Abaci it's seventeen. Floor Thomas, says emergency, workers Climb the stairs to check on vulnerable residents workers also rescued six people from stalled elevators the battle between New York's public, service commission and charter communications is heating up on Friday the agency said. Charter which, operates in state as spectrum was failing to meet its timetable to expand broadband service into the state's rural areas, in order to the company find another. Provider for its. New York customers within sixty days John Campbell Albany correspondent for the USA today network. Says charter lawsuit, can be expected during that time I do expect for lawsuit to be filed before that so that'll probably, drag it on the short answer is customers are being polled no there won't be any interruption and the state. Says that Charterhouse to continue providing the same amount of service through this new battle charter. Said the spectrum has built out its broadband network to more than. Forty two thousand unserved or under serve home? Since it began its merger. With Time Warner. Cable two, years ago Health officials say the drinking water at the Jacobi medical center in the Bronx has tested positive for the bacteria that causes legionnaire's disease, a spokesman for New York City health, and hospitals says required testing of the water found quote very low levels. Of the legionella bacteria the Jacobi medical center. Says it's using only bottled water and is installing new water filters on showers officials say. The risk the patients, staff and visitors is very low in that this New York State Department of health is treating and monitoring the water supply for the rest of, this evening we're looking at mostly clear skies here in our area will. Have low about seventy degrees tonight. Tomorrow Monday, Partly sunny through the day the high could. Hit about eighty two sometime in the afternoon and then. Tomorrow night we could see some showers a slight chance of rain but a. Twenty, percent chance of that mostly. Before midnight otherwise mostly cloudy tomorrow night we'll have low about seventy degrees this is WNYC at five or six support for NPR comes from the Ford Foundation working with visionaries on the front lines of social change worldwide to address inequality in all its forms learn more at Ford Foundation Dot org.
Massive wildfires are scorching California
"News steps up to defend its White House. Bureau colleagues, his payback for Obama era As a member of. The White House. Press, pool FOX stands firmly with CNN on this issue of access. It's coming up after this My from NPR news in Washington I'm Janine Herbst in northern California the. Massive wildfire around reading continues to burn Sonia Hudson from member, station k. q. e., d. visited an evacuation zone for the car fire earlier today I've been driving around in evacuation zone near, reading and in that area the car fires burned entire hillsides landscapes completely blackened ashes flying. Around like snow. Flurries also in that area there's a, lot of homes that. Have been completely burned to the ground by the fire they're. Totally flattened there's lots of melted and twisted metal but the fires burn so randomly one house. On a street could be totally fine and the other could. Be totally burned to the ground and tens. Of thousands have been evacuated many are wondering when they'll be able to go home. Spokesman Chris Harvey says it could be, a while your safety and the safety of the fire in law enforcement cruise is number one and in order to ensure that safety we. Have to. Make sure all the roads continue to be closed and. Open only to law enforce And fire traffic. And that means that you're you're. Not likely to be allowed to go home anytime soon the fire is still only five percent contained jury secretary Steve Mnuchin says the economy. Will continue to see strong growth for the next several years, of you contrary to, many economists and here's Mary Kennedy reports figures released Friday show the economy grew four point one percent in, the second quarter the latest growth rate is the highest one in nearly four years and. On Fox News. Sunday Treasury Secretary Steven Mnuchin said to, expect more of the. Same we can only project a couple of years in the. Future but I think we're well on this path for several years he predicted four or five. Years of sustained three percent growth many economists are sceptical that. Current rates will continue though Federal Reserve officials. Told congress this month that they project GDP growth rates of under three percent next. Year and lower in twenty twenty and, the ongoing trade fight also has the potential to limit growth merit Kennedy NPR news Washington Dave before Zimbabwe holds historic, elections longtime former ruler Robert Mugabe gave a surprise press conference. At his mansion today supporting the opposition and fears ater Peralta. Has more Mugabe's sits on a green office chair in Zibo in the middle of his vast estate he's been here since the military forced him to resign in November and he lets it. Be known that he will not be voting for Emmerson Mnangagwa who staged what, he calls, a, coup, I That means Mugabe the. Man who ran the ruling party for almost four decades will be voting for the opposition Mugabe who violently squash. Dissent says he now hopes that Zimbabweans will be able to. Return to quote constitutionality people he says should be able to. Vote freely and fairly NPR news Herati and you're listening to NPR, news from Washington from news I'm Jeremy Siegel fire crews from across the state continued. To battle the massive, car, fire in. Shasta county the blazes scorched, more than eighty nine thousand acres killed five people and destroyed. More than five hundred buildings officials say the blaze is just five percent contained Danielle Vinton reports meteorologists are warning. Conditions could intensify later this afternoon on Saturday the layer of smoke, over the fire was so thick at shaded the fire from the sun cooling the ground and actually producing the intense and. Unpredictable Fire behavior but at a briefing this morning Alex, Huynh fire meteorologist for the car fire warned that clearer skies today could spell trouble Potential bird Asian Heard more Hoon's worried the fire could become what's known as, plume dominated meaning the power of the fire would be greater than the power of, the winds making it very hard to know how the fire. Will behave fire meteorologist will be monitoring the blaze throughout the day to advise crews as needed. In reading I'm Daniel. Vinton news the car fighter isn't the only wildfire burning. In California, in fact there are seventeen blazes across. The state Cal, fire spokesman Scott McLean says the agencies had to dole out more than a hundred fourteen million dollars on resources in the past month and with fire season coming early this year McLean says he expects those numbers. To rise it's gonna. Be expensive, I mean there's gonna be a significant cost involved just because of the activity we've been. Dealing with as far as these fires I mean like two months early The. Size of the amount of them. There's gonna, be, a big Bill McLean says well the amount of. Money Cal fire spending is large they do..
"chris harvey" Discussed on KSRO
"Sixty pounds of equipment and protection fire information officer Chris Harvey, is going to be a. Very, dynamic day on the fire line and the possibility of very explosive and dangerous fire behavior so still a lot of a battle ahead of us lanes are bursting out in. All directions with containment remaining minimal for. The past several. Days at about five percent to firefighters. Dead a woman and her two young grandchildren killed. In her burn down house Dr Michael man, professor of atmospheric science at. Penn State says there may be affects in the US of Arctic climate change. Those changing conditions in the Arctic are actually changing weather down here in the United States because it modifies. The characteristics of the. Jet stream and our. Own, research suggests that, that warming in the Arctic in the changes it's. Causing, the jet stream Mm-hmm are leading to these stalled weather patterns President Trump just tweeted that the news media is, being driven insane by what he calls Trump derangement syndrome saying reporting on internal deliberations of government. Puts lives at risk and that the media is under reporting positive things about the economy and his administration to the question of are. There more recordings of President Trump on the over one hundred seized by the FBI from Trump attorney Michael Kohn current Trump lawyer Rudy Giuliani says the president's voices on the only one, released there are twelve others maybe eleven or twelve others out of the. Hundred and eighty, three in which the president is discussed at any length by Cohen mostly with reporters Juliani on CBS face. The nation President Trump tweets a threat to Democrats that if they don't vote for immigration policies he wants and for his wall he'll shut. Down the government some Republican lawmakers say they oppose that you're listening to ABC, news for.
"chris harvey" Discussed on 850 WFTL
"Chris Harvey is going to be a very dynamic day on. The fire line and the possibility of very explosive and dangerous fire behavior so still a lot of a battle ahead of, us lanes you're bursting out in all directions with containment remaining minimal for. The past several, days at about. Five percent to firefighters dead a woman and her two young grandchildren killed in her burn. Down house Dr Michael man professor of atmosphere science at Penn State says there may be affects in the US of Arctic climate change those. Changing conditions in the Arctic are actually changing weather down here at the United States because it modifies the. Characteristics of the jet stream, and our, own research suggests that that warming in the, Arctic and, the changes Causing the jet, stream are, leading to these stalled weather patterns President Trump just tweeted that the news media is being driven insane, by what he calls Trump derangement syndrome saying reporting on internal deliberations of government puts lives at. Risk and that the media is under reporting positive things about the economy and his administration to the question of are there more recordings. Of President Trump on the over one hundred seized by the. FBI from x. Trump attorney Michael Cohen current Trump lawyer Rudy Giuliani says the president's voices on the only one released there, are twelve others maybe eleven or twelve others out of the hundred and. Eighty three in, which the president. Is discussed at any life by Cohen mostly with reporters Yuliani on CBS has face the. Nation President Trump tweets a threat to Democrats that if they don't vote for immigration policies he wants and for his wall he'll shut down. The government some Republican lawmakers say the oppose.
"chris harvey" Discussed on News Radio 1190 KEX
"Eight thousand evacuees in northern California who escaped the big wildfire in and around reading our toll just in the past hour that they won't. Be going, home anytime soon weather conditions are continuing to be. Unfavorable for us we have, increased temperatures, today information officer, Chris Harvey says no progress has been made on containment for days on the very aggressive fire fire. Is completely encircled whiskey town reservoir now, to the south also had some fire spread to the east north Europe up into the forest service land area of containment is still, just a, small five percent and it is raining ash. In some areas the fires killed two firefighters and a woman and her two. Young great grandchildren are there more recordings. By Trump lawyer Michael Cohen on which is also then candidate Trump. Current Trump, lawyer Rudy Giuliani we know of something like one hundred eighty three unique conversation on tape One of those with the. President is state, Giuliani on CBS is face the nation ABC news legal. Analyst Dan Abrahams, is clear now that Michael Cohen is on his own here it's also clear that he potentially has information to provide to Robert Muller but let's be clear. He's being, investigated by the southern district of New York which. Is a separate entity investigating, Michael Cohen, Abrahams on ABC's, this week President Trump tweets a threat to Democrats that if they don't vote for immigration policies he. Wants and for his wall he'll shut, down the government some Republican lawmakers say they oppose that giving an unexpected performance for firefighters battling a wildfire near his Colorado home Neil, diamond he, played and sang sweet Caroline for dozens of. Firefighters as a command post for a fire in central Colorado and he thanked. Firefighters for their work diamond seventy seven. He retired from touring this year after he says he was diagnosed. With Parkinson's, you're.
Giuliani says feds have 183 recordings made by Michael Cohen
"KOMO Seattle KOMO FM Oakville the Northwest's only twenty four. Hour news From ABC news John Chuck's Iverson thirty eight thousand evacuees in northern California who escaped the big wildfire in and around reading our. Toll just, in the past hour that they won't be going. Home anytime soon weather conditions, are, continuing to. Be unfavorable for, us we have increased temperatures today liar information officer Chris Harvey says no progress has been made on containment for days on the very aggressive fire fire's completely encircle whiskey town reservoir now that the south also had some fire spread to the east to the north year up into the forest, service land in the area of containment is. Still just a small five percent is raining ash in some areas the. Fires killed two firefighters in woman and her. Two young great grandchildren are there more recordings by x. Trump lawyer. Michael Cohen, on which is also then candidate Trump current Trump lawyer, Rudy Giuliani we know of something. Like one hundred and eighty three unique Conversations on tape one of those United. States Giuliani on CBS face the nation ABC news legal analyst Dan Abrahams is clear now that Michael Cohen is on his own here it's also clear that he potentially has information. To provide, to Robert Muller but let's be clear he's being. Investigated by the southern district, of, New York. Which is a, separate entity investigating Michael Cohen Abrahams on ABC's this week President Trump tweets a threat to Democrats that if they don't vote for immigration policies he wants and for his wall he'll shut down the government some Republican lawmakers say they oppose that giving an unexpected performance for firefighters battling a wildfire, near his Colorado home Neil diamond he played. And sang sweet Caroline for dozens of firefighters as a command post for. A fire in central Colorado and he thanked. Firefighters for their work diamond seventy seven he retired from touring this. Year after, he says he was diagnosed with Parkinson's you're listening to ABC.
"chris harvey" Discussed on KSRO
"From ABC news. I'm Chuck Sivertsen thirty eight thousand evacuees in northern California who escaped a big wildfire in and around reading are told just in the past hour that they won't be going home. Anytime soon, weather conditions are continuing to be unfavorable for us. We have increased temperatures today, wire information officer. Chris Harvey says, no progress has been made on containment for days on the very aggressive fire fire's completely encircle whiskey town reservoir now to the south. We've also had some fire spread to the east to the north here up into the forest service land. The area of containment is still just a small five percent and, it is raining ash. In some areas the fires killed two firefighters in a, woman and her two young great grandchildren are. There more recordings by x., Trump lawyer Michael, Cohen on which is also then candidate Trump current Trump lawyer Rudy, Giuliani we know of something like, a hundred and eighty three. Unique conversations on tape one of those with the president is states Giuliani on CBS face the nation ABC news legal analyst Dan Abrahams clear now that Michael cone is on his. Own here, it's also clear that he potentially has information to. Provide to Robert Muller but, let's be clear. He's being investigated, by the southern district of New York which is a separate entity investigating Michael Cohen Abrahams on ABC's this week President Trump tweets a. Threat to Democrats that if they don't vote for immigration policies he wants and for his wall he'll shut Down the government some Republican lawmakers. Say, they oppose that giving an unexpected performance for firefighters battling a wildfire near his Colorado home. Neil diamond he played and sang sweet Caroline for dozens, of firefighters, as a command post for a fire in. Central Colorado and he thanked firefighters for their work diamond seventy.
"chris harvey" Discussed on WBT Charlotte News Talk
"Escaped big wildfire in and around reading our toll just in the past hour that they won't be going home. Anytime soon, weather conditions are continuing to be unfavorable for us. We have increased temperatures today, wire information officer. Chris Harvey says, no progress has been made on containment for days on the very aggressive fire fire's completely circle whiskey, town reservoir. Now the south. We also had some fire spread to the east north here up into the forest service land. And the area of containment is still just a small, five percent, and it is raining ash in some areas. The fires killed two firefighters and a woman and her two young great grandchildren. Are there more recordings by, x. Trump lawyer Michael Cohen on, which is also then candidate. Trump current Trump lawyer Rudy Giuliani we know of something like a hundred and eighty three unique conversations on tape, one of those the president is states Giuliani on CBS face the nation ABC news legal analyst Dan Abrahams is clear now. That Michael, cone is on his own here it's also clear. That he potentially has information, to provide to. Robert, Muller but, let's be clear he's being investigated by the southern district of New York which is a separate entity, investigating Michael. Collins Abrahams on. ABC's this week President Trump tweets a threat to Democrats that if they don't vote for immigration. Policies he wants and for his wall he'll shut down, the government, some Republican lawmakers say they oppose that giving. An unexpected performance for firefighters battling a wildfire near his Colorado home Neil diamond He, played and sang, sweet Caroline for dozens of firefighters as a command post for a, fire in central Colorado and he, thanked firefighters for their work. Diamond.
"chris harvey" Discussed on Boston Herald Radio
"It was good but i did a feature on berge iran he got hurt i did a feature on mcevoy he got her those two guys see me coming into the locker room and they're like let's get away from this guy step on the b if you'd like get away from me the bruins i wouldn't allow you in surprised note i eat a lot of food when i'm there in the press room but you do pay for it so that's good injure injuries and playoff losses now the bruins looking for you on friday so you'd be locked out of the bill out they'd be they'd be fortunate if lebron james was playing on the same night lebron james of session i mean watch fox sports one nick wright is the biggest lebron fan i'm the second biggest fan colin coward has got to be lining up he's costly changing is leaving he's leaving at the end of the year so fox sports one or just speak for yourself i think speak for your satellite lock is going to turn that into more of like a celebrity because that's where everything is going just happy and everything's all about celebrities celebrities that's why we're here i mean if you came back to somerville i'm sure he'd be a celebrity absolutely locked up i'm not sure which one or the other markets and antonelli chris harvey you know dave dick dixon yo say oh yeah right there yeah tony allen brandies another one he's the best tony's the man he is the best guy in that city that the recreation department would not exist without tony allen brandy one of the nicest people i've ever met you want to hear a funny story from last night before we go back and talk about celtics and all that so last night going to the game so you go on the ground floor you get your credential you get on an elevator takes up to the ninth floor that's where.
"chris harvey" Discussed on CNBC's Fast Money
"We close i don't think it's a level it's an action if the if the dollar falls out of bed that's a problem you go back to eighty seven when a dollar fell out of bed that was a problem again if there's a decoupling i think it's an issue if it continues to walk down i think we're okay for now so in this sort of environment where the markets are a little bit more volatile weather is a little bit more uncertainty and i know you say that you think that trump is predictable a lot of other people don't think that he is predictable barrio are you concerned about the sectors in the socks that led us higher in the market the ones that did the best today and sort of the the source of funds when you're getting nervous about the markets not really getting nervous about the marketplace so one of the things that we're dealing with is out of hurting susan and when you're out earning season you start to have the vagaries of back row headlines we'll be back in season another four weeks and everyone will say wow look at look at mental they're so good and things will change very very quickly with regard to leadership we're still seeing technology the one of the things we did say last week we thought utilities were overdone and we thought for tree that utilities could work but that's really for trade and we're not seeing change in leadership with technology the one thing that is becoming a little bit of worry is how financials and banks acting as rates go lower chris thank chris harvey wells fargo you worried about financial smell i'm not in fact i think this is definitely a pullback to buy if you think about the dynamics that are driving financials and people talk about the curve we talk about the curve but the reality is you're gonna get three fed hikes this year and you're gonna get three to four next year and you could get north of that if the economy demands it financials especially those that are pegged alive or make an enormous amount of money here they have enormous leverage to the us economy and the consumer that's getting all these checks every company with the trump spoke today talked about giving back to their people by banks worried about.
"chris harvey" Discussed on KFI AM 640
"Are the the us consumers want is to spend so i do think it's going to be a great postchristmas sales season all right so now let's take a look at the debt clean because of skills looking at that going so last night i see yet another headline bitcoin implosion could spill over into stock market warns wells fargo's chris harvey so now i think we've had the british economists we've had janet yellen we've got this chris harvey guy from wells fargo all saying be careful of bitcoin and then yet i look this morning and bitcoin seems to be coming back after it had fallen over the past few days if he gets up like 10 percent or something this move bitcoin worked for an old quote corny thousand down to eleven thousand five hundred then rallied back to 15000 so yeah i mean the bitcoin it's coming back but there are a lot of people that do think if bitcoin implode cryptocurrency implode this could somehow make its way into the equity market now i understand in theory what they're saying but i'll say this the the amount of money in cryptocurrency weight now is is a fly on the rear end of the equity markets so i believe that all these cryptocurrencies couldn't zero and i don't think it's going to have a lasting effect on the stock market that's me but i do understand what people are talking about when they say if bitcoin specifically does implode it could have a carryover effect more so in terms of um maybe market sentiment that i think it what it actually means in dollars and cents since then.
"chris harvey" Discussed on Bloomberg Radio New York
"App and on your radio this is a bloomberg business flash from bloomberg world headquarters i'm shali part of the dow the sp nasdaq all the advancing folks trump edicom ringing at closing bell at the new york stock exchange the dollar gains stocks rose driving gold to its biggest drop in two months as congress took a holiday break from tax talks gold lower today by one point three percent down sixteen dollars the announced the twelve 77 chris harvey is head of equity strategies that wells fargo said not so much did what's in the task though what the task and do what the tax bill would deal with will start to spur emini activity a lot of buyers cells have separated they're not really sure what the tax benefit or liability is in addition to that it puts into question some of the funding the cost the funding as soon as we get clarity on taxes we think emanate will start to to kick up in earnest and speaking of emanate the justice department plans to brief media later today on a us antitrust announcement though it did not specify what the announcement will be about separately a person familiar with the announcement says it will be about at t time warner with the us poised to block the tie up t shares four tenths of one percent time warner down one point one percent and people familiar with the matter say nestle is among companies exploring a purchase of seles steel group it's a maker of organic and vegetarian food as the swiss giant seeks to expand into healthy affair heyns today up by two point six percent janove partners has taken a stake in need lumine brands and plans to push for changes at.