Boston and other parts where are your sales right now, sir . Our sales, sales are down 30 and then also at popeyes, our sales are still posting comp sales positive like 20 and comparatively to two weeks ago we were 40 positive and now we are down 20 with free deliveries and popeyes what are you expecting to happen, sir . Not medically, and weve seen the curves and we know the rest is yet to come and youre looking out economically what are you projecting . What are you going to do what are you going to talk about . What we are seeing and what we are projecting, obviously, things are going to stay the way they are and i think we will see things get worse and even under these circumstances we are keeping all of our employees on payroll. We havent had any layoffs we havent done any layoffs and we want to keep everybody employed as much as possible and obviously, we are fortunate where we have a strong balance sheet. I think were going to get through this, but unfortunately, it may hurt a lot of other Small Businesses that dont have all of the resources yeah. Youre in houston and listen, youre in an area, fast food, shoukat, where youre able to have drivethrough and quick pick up. Your model is you can eat in, but thats really not the point. A lot of restaurants across the country, thats not their model. They dine in and the servers get their tips and they dont have the capability whats going to happen with them what should they be doing right now . Well, most of these dinein restaurants are doing carry out and delivery, but yet what im hearing their sales are down anywhere from 60 to 70 and theyre laying off all of the wait staff and some of the other staff because obviously they cant employ and keep them on payroll and theyre pretty much in the worst position than we are. And those are the folks that are going to be hit particularly hard, as well. Shoukat dhanoi ani, thank you for being with us. Good to be with you. What about this incredibly exhausting week on wall street stay with us do you have concerns about mild memory loss related to aging . Prevagen is the number one pharmacistrecommended memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. They get that no two people are alike and customize your Car Insurance so you only pay for what you need. What do you think . I dont see it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Welcome back to cnbcs continued coverage of the markets in turmoil if you are just joining us, lets get you up to speed on what is happening with the coronavirus outbreak unfortunately, another grim milestone. Global deaths have topped 11,000 and hardhit italy now accounting for 4,000 of that total. Simply incredible as lawmakers here scramble to come up with an aid and stimulus package to deal with the economic blow that is coming this as the leaders of three state, california, new york and illinois have effectively put people in a lockdown period in their states as the virus spreads. All right. All that may lead to this. You have no doubt heard the term cash is king apparently, most investors agree right now. Data tracking firm epfr has more stunning data on what investors are doing with their money right now. Theyre selling, in short, theyre dufrming stocks and bonds and plowing into cash. That orange line, thats cash. This week, 20. 5 billion left stock funds and thats the blue. A whopping 7. 5 went into bonds, thats the green bonds exceeding 90 billion inflow, the orange line, for the second straight week truly incredible. Usually around this time on fridays were turning into options action and we will remain in breaking News Coverage for the time being and well take a moment to check in on the very powerful and important Options Market just like cash there was also a lot of moving around in the commodities markets this week. Gold swinging all over the place and ending the week just about 2 down after a small pop today and one trader thinks that there is a 6 million in bouillon that is about to soar it is a big bet. Lets find out more about it and bring in optimized investors president , mike ko, mike hi, brian as you were pointing out weve seen a lot of liquidation bonds and stocks and actually gold so people have traditionally thought of gold as being a safe haven, but actually it hasnt turned out to be if cash is king people were selling pretty much everything they could, and that included gold. However, we did see midweek this week that interim short spike in longer rates and we saw a bullish bet being placed and somebody bought 10,000 of the june 1800, 1900 call spreads now those are on the gold futures. Each future represents a hundred ounces so 10,000 spreads is a spread on 1 million ounces of gold to make that bullish bet ultimately if its rallied up and through that 1900 higher strike call and that would be worth 100 million, the difference between those two strikes in gold and i think the reason theyre using these call spreads right now is because just like in equities and just like in bonds weve seen a really sharp spike in implied volatility and thats the price of options and theyre trying to mitigate some of the expense of trying to make derivative bets and directional bets and using outright calls because typically, options on gold are not that expensive, but they are quite expensive now. That is a bigtime bet in incredible times and mike khouw, mike thank you very much, and getting back to normal at some point coming up, how one Huge Consumer business is adapting and the ceo of elf cosmetics and california shutting down a 3 trillion economy. What happens to the agricuurlte capital and food chain well hit that with jane wells next outback delivery is here. So now, you can enjoy great steaks here. Big game platters here. And date night essentials here. Order now to get all your favorites from outback delivered to you. Outback steakhouse. When i lost my sight, my biggest fear was losing my independence. Mmm. Good. So ive spent my life developing technology to help the visually impaired. We are so good. We built a guide that uses ibm watson. To help the blind. It is already working in cities like tokyo. My dream is to help millions more people like me. It is already working in cities like tokyo. Can we go get some ice cream . Alright, we gotta stop here first. From smarter atms, to after hours video tellers comcast business is connecting thousands of banks to technology that turns everyday transactions into extraordinary experiences. Hi there. How are you . Do you have any lollipops in there . laughing no, sorry. Were helping all kinds of businesses go beyond customer expectations. How can we help you . Welcome back. The coronavirus pandemic is putting the future of much of retail in question as many are forced forced to shutter their doors and talk about quarantine and lets talk to one feeling the impact e. L. F. Ceo joining us, tarang, joining us by phone. You guys dont have stores and i think you did, and you closed them long before this. So you sell to the consumer. What are you seeing from the consumer right now and more importantly, what are you hearing on the supply chain side thank you. Ill start with the supply chain and most of our operations are in china and we were one of the first and im proud of the team and we were one to come back to normal operations and since Chinese New Year we shipped 32 containers which is normal every one of our employees and their families are healthy and same with the suppliers and with the coordination that weave done there we are in very good supply shape. In terms of the consumer, i would say, you know, e. L. F. Is a brand that before the coronavirus was exhibiting really strong growth, up double digits versus a category that was soft and id say, you know, what i would fully expect as we go through this there will be a consumer demand hit and with everyones lives up ended and short term we definitely will see an impact as will most consumer categories. The key, though, is what happens in the long term and in that respect, i think, were well positioned as the brand that makes highquality cosmetics and skincare at these unbelievable prices i think we are pretty well positioned relative to other companies. So you guys got a big load already before you kind of saw this coming at the beginning what are you hearing, though now. I look at things like traffic flow data from china and it appears that monday through friday, chinas kind of back to normal in many ways. Are you sort of getting that sense and the reason i ask that is that were trying to figure out, i think all of us, where we might be in a month. Yeah. So first of all, in china, two important things in terms of what we did, we put in place right away, some hygiene protocols the level of coordination with suppliers having worked there in 14 years was quite high and we were one of the first ones to come out of this where weve been in full production now for four weeks and weve been sending containers for over six weeks and our operations are pretty much back to normal and everyones back to the office and our suppliers are fully running and so thats the good news i think i took many of the same tactics and applied them to the u. S. And the right communication and we sent our employees, disinfecting wipes and masks and we gave the employees an extra 1,000 for the incidentals theyll face and working from home and trying to lessen the curve as everyones been talking. I think china probably took a more aggressive stance overall as a country, and so you know, were bracing for hey, this is probably going to take longer than a month for all of this to be back in terms of how fast they were able to get back and it will probably take us a bit longer and were prepared for that tarang amin of e. L. F. Cosmetics and we appreciate you joining us thank you very much. Thank you very much after the break, americas bred bask bread basket shutting down how the supply chain may not realize. California, you think of facebook, its actually americas biggest odrocefo pdur and jane wells joins us with that next. There has never been a better time to have a favorite food. With new grubhub plus you get unlimited free delivery and cashback rewards for ordering noodles, and noodles. And noodles. And noodles. Grubhub plus. Free delivery, cash back, and noodles. From here, people. California contributes 15 to gdp and of course, thats going to come down now with most of the 40 million residents here forced to stay home unless your work is essential like youre a police officer, a Grocery Store or farming and farming is considered essential the American FarmBureau Federation had a Conference Call saying the big issue is theyre concerned enough farmworkers allowed in from mexico because now with the Border Closure and the suspension of new worker visas, theyre afraid that may not happen bottom line is guys, we have to fix this problem. If we dont well face another shock several months down the road its real, and its personal and its having a major impact on american agriculture now, meantime, with the Restaurant Industry drying up, cattle futures have taken a dive theyre at tenyear lows both for live and feeder cattle veteran wyoming granger jim crosby, he says the average rancher is losing 200 to 300 a head and he said the futures are no longer useful in predicting price that the only people on the long side right now are speculators or hedge funds and even though futures popped a bit today, brian, he is saying that for the cftc and this is uncharted territory and he says theyre trying to work on some sort of solution back to you. Jane, i dont want to leave just yet because i had a twitter viewer a regular viewer of cnbc sent me some video that he apparently took of lines literally outside of a costco. Were showing the video now. I think its a costco with shopping carts for what appears to be a mile in cypress which is a part of los angeles. Are you personally seeing this kind of behavior from shoppers yes ive been in such a line and ive been out to do shopping for the week and trader joes had a line outside and part of the reason is theyre allowing so many people in together, theyre limiting what you can buy, and outside theyre violating that personal space and then i had one shot of a vons which is an albertsons store, the pasta rack completely employ tee, but slowly these stores are starting to stock up more theyre all out of toilet paper and all out of bottled water and only one package per customer. I didnt even bother going to costco, brian, because i cant even face costco on a regular day, so jane, youre the only just you and i talking here and ill Say Something that ill probably get in trouble thing and the whole toilet paper hoarding thing, i dont get, if things go really south and youve got to shower im just saying if things really were you know what i mean well, the thing is how much do you need . And the bottled water people are fighting over toilet paper the coronavirus i know the coronavirus isnt going to force them to turn off the water as far as we know, but by the way, theyre making plenty of toilet paper at the Procter Gamble plant in oxnard where theyre working extra shifts supply is not a problem, but there are these hiccups as everyone goes up and hoards and theyre rationing toilet paper purchases. I just had to say it and i know you would appreciate it, jane one farmer recommended one farmer recommended corn cobs, old fashioned. Old school. Jane, thank you very much jump in the pool behind you and clean yourself right off we just wrapped up an historic week for the markets and what might be next with ubss mike ryan. [woman] tyler used to smile a lot less and wasnt the most confident guy in the world. And now, tyler smiles all the time. Tyler loves his hair and is finding his confidence, thanks to hair club. [man] in fact, every seven minutes, someone makes an appointment at hair club. Why . Because we offer timetested, proven solutions, that have already helped over half a Million People fall in love with their hair again. People like bobby, hes a professional motivational speaker, whose confidence is through the roof now in front of a crowd. And heather, a 35 year old mother of two and winner of mrs. Colorado woman 2017, who cant stop running her hands through her hair, her new crowning glory. Her confidence and selfesteem have never been better, thanks to hair club. 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Love your hair again, so you can live your best life. upbeat music welcome back. Lets bring in ubs americas chief Investment Officer mike ryan i know you guys have laid out a couple of different scenarios based on the pandemic and the markets. What is the we need some good news and were trying to end every show with good news and what is the best Case Scenario that you guys have laid out for both first of all, thanks, brian in terms of the best case what you see is that the social distancing measures and these mobilization restrictions that they bear fruit and what you wind up seeing is that the infection curve that is the case curve begins to bend quicker and then we see something that looks more like what weve seen in china and what weve seen in korea in terms of the containment measures and what you begin to see is some of the distancing measures can get the economy moving ahead and you see recovery that would also require continued Additional Support by both the fed and also wed need to see the auxiliary support, rather, thats going to come in from a pretty massive Fiscal Stimulus Program and the markets recover and earnings are able to stabilize and we see equity prices over the next six to 12 months higher. Is the china data where it looks like monday through friday theyre going back to work in 90, 95 does that give you optimism for us . It does, but we need to be careful here what you are seeing is the measures of activity in china and in terms of coal consumption and auto traffic and these things are all healthy and you are seeing that after the lockdown youre seeing normalization activity in china and we have to see it play out in europe or the United States and lets also remember what you saw in china was largely contained and it was within the city of wuhan and were talking about now which is spread wider and there have to be containment efforts and what you need to see is a massive stimulus fiscal package. We might get it senator toomey telling us it might come as early as monday. Thank you. Thanks for watching this week. Well see you monday and hope you have a great, my mission is simple, to make you money im here to level the Playing Field for all invest ares. Theres always homework in summer, and i promise to help you find it. Mad money starts now hey, im cramer welcome to mad money. Welcome to cramer america. Im trying to save you money, not just educate but entertain and too much ya. Call me or tweet me jimcramer. We just went through the first week since 2008, dow plunging anothe