Transcripts For FBC FBN AM 20240713

2nd, fbn am starts right now. Cheryl were feeling good welcome to fbn am good morning im cheryl casone. Lauren im Lauren Simonetti and we have green im free. Cheryl how your money is moving because it might be time to get back on the bull. Dow futures jumping more than 212 points right now. We were up over 500 points overis night despite a second death here in the u. S. From the coronavirus right right now dowp and now 17 nasdaq up 73 and a half right now all three indices trying to recover from worst week from the financial crisis. Lauren theres hope for coordinated Central Bank Action to mitigate Financial Impact and take a look at this pushing tenure treasury yield down to. and it did hit a record low of. 1. 3 earlier. Cheryl worries below 50 this week and look at oil below 50 but were excuse me still below 50 but gaining about 79 cents right now 4555 on oil interesting here gases prices are down and safety gold play still in play. Look at that gold is up 3 thats interesting. Lauren we have a lot of news out of asia china manufacturing afnght because of the coronavirus hit a record low the shanghai composite up still 3. 1 bank of japan promises to act as needed. The nikkei up 1 . Cheryl bank of china like a big question too. Take a look about at stocks in europe they jumped at the opening bell but pulled back at least in london and in germany. French market is holding on to gain. Lauren worries about coronavirus at home as second person has died in the u. S. Both cases happening in Washington State but illness is certainly spreading across the country and the world and fast. Cheryl Benjamin Hall in london this morning as President Trump just issued a newing warning about foreign travel. Benjamin, good morning to you. Reporter lorn and a cheryl good morning there was a significant uptick around world and 80 confirm cases around country with infections in washington, oregon, california, new york, florida, illinois, and rhode island. Many of them have no clear path to initial exposure and that suggest that other cases are still undiagnosed in the communities. Health officials are focused on a ten caseses in Washington State including the two deaths. All new reports of cases this are resident of nothing facility Life Care Center in kirkland theyre most vulnerable people. In rhode island are, san rafael has closed after a student and teacher returned from a field trip to europe with illness. Students there for the time being are going to be taught from home if by a virtual learning. In new york, the patient is a woman in her late 30s. She contracted virus while traveling aboard in iran and a currently isolated in her home and task force has announced that more testing kits are now urgently being districted across u. S. In Washington State increase testing that led to an up tick in cases and that suggest that virus had been circulating unnobody in the community for weeks. President trump is also announced that tougher or new screening proceeders for travelers into states will be implemented prior to boarding from certain designated high risk countryies or areas within theyll be screened when they arrive in america. Thank you. Aired the world the virus is also spreading, it is now in 64 countries, and number of deaths has approached 3,000 with 88,000 total cases. Many places are now shutting down louvre in france, churches in South Carolina, disneyland toke tokyo and venice and hong kong 8,000 student homeschooled and in iran a member of the counsel advising Supreme Leader died from illness wheeling Vice President is also caught the illness. President trump is today meeting with executives from the pharmaceutical industry to discuss among other things possible vaccines, possible cures, and rolling out those all important testing kits. Lauren, cheryl. Cheryl were going to be talking about testing kits later benjamin thank you so much. Staying with coronavirus new reports suggest chinese scientist knew about virus as early as december. But were ordered to buy beijing to stay silent. Several companies saw alarming similarities in tests from sick patients in wuhan and 2002 sars a virus. Back here at home there are reports that those testing kits may have been contaminated benjamin mentioned it at the cdc lab in atlanta exclusive interview with Maria Bartiromo Vice President mike pence told her still things are under control. What i can tell you with my conversation with governors ive been talking to governors people handling back in our country as americans have returned, from china in particular is that we believe we are in the process of resolving the issues about testing kits. Cheryl you can see more of the interview with mornings with maria in eastern time. Lauren Pete Buttigieg supporting whoever the democratic nominee is is after he ended president ial bid days before super tuesday. Now the 2020 contenders still remaining are gearing up for those primaries in 14 states tomorrow with over 1300 dell gots at stake is. Cheryl Aishah Hasnie has highlights. Aishah, good morning. Good morning lauren, cheryl he didnt roch a Fund Raising Goal but mayor teeth say hes dropping out because he says it is the right thing to do for his party. With every passing day im more and more convinced that only way we will defeat trump and trumpism is with a new politics. The gathers people together. We need leadership to heal a divided nation. Not drive us further apart. Could there be something more at work here behind scene. President trump thinks so he tweeted this. Pete buttigieg is out all of his super tuesday votes will go to sleepy joe biden. Great timing. This is the real beginning of the dems taking bernie out of play. No nomination again. And we did hear what lasting night buttigieg and biden were with trying to connect via phone, meantime remaining candidates wish the wow got on with super tuesday campaign blitz. Biggest chunk in california were ten of thousands were feeling burn sunday at rallies in los angeles and san jose is. And according to some polls here, super tuesday really could be a tight race. Take a look at this nbc poll that shows 26 of voters polled in North Carolina support senator Sanders Biden is close behind, though, with 24. Down in texas sanders is dominating field at 34 with biden at 19 bloomberg at 15. And then look at this a boston globe poll shows sanders and Elizabeth Warren locked in really a statistical tie in warren home state of massachusetts. Sanders with 24 warren at the 22. And listen to this some of those early voters in california now asking if they can get a doover now that buttigieg has dropped out, obviously, the answer is no. But it really goes to show how much can change in just one day. Super tuesday will definitely prove to be that next very pivotal day. Lauren, cheryl. Cheryl were going to dig into that in a little thank you so m. Billionaire tom steyer called it quits and announced he was dropping out follow the results of the South Carolina primary. Lauren overnight north korea fire and Ballistic Missiles flying nearly 150 miles before landing in the ocean. The launches are first since november, and likely part of roe regime leader drill and country would resume weapon demonstration after talks with with u. S. Solved. Cheryl well its election day in israel again and unprecedented third time nurnd a year. Voters once again beginning to try to select the Prime Minister and break political deadlock incumbent Benjamin Netanyahu faces off against former chief benny gantz another candidate to put together a Coalition Government after last two elections. It is predicted to be a tight race. Netanyahu trial by the way on fraud and bribery charges set to again on the 17th st. Patricks day. May have hit its first road block. Tracee as afghan president has rejected a demand from the taliban to release 5,000 prisoners gany said this is not after u. S. Signed Historic Deal with the militant Islamic Group on saturday. The the accord calls for those taliban prisoners to be exchanged up to 1,000 Afghan Government captives by march 10th. Well a federal judge rules that seernl Homeland Security official kens was illegally appointed to his job. He was chosen as the acting director of u. S. Citizenship and Immigration Services from june to november of last year. The judge says has potato has circumvengted a law to be filled only if senate first approved the individual. This ruling also voids a policy put in place by and disagree requests decision and will look closely at it. Well republican mega donor sol sing iser looking to get rid of Ceo Jack Dorsey and singer bought a sizable platform an elliot management has nominated four directors to twitters board according to reports. He has only one class in stock which mean cofounder corp. Did dorsey doesnt have voting control and invisible man not so invisible thriller earned number one spot bringing in 29 Million Dollars in its oning weekend and picked up over 20 Million Dollars. A film had a relatively modest budget to 10 million to produce sonic Hedgehog Holding on to number two. Review for Elizabeth Moss movie werent great. You know, about but still did it pretty decent. Interesting. Tracee thank you so much. One day well get to you. In rally mode this warning after worst week since financial crisis dow lost more than 3500 points last week. It is up 125 this morning. So have we seen the bottom of the market i guess coming up, and Pete Buttigieg calling quits what a supplies drop out of the race could mean for your wallet. Cheryl maybe it is okay to touch the thermostat one time folks. The frigid foes of the great freeze happening along one great lake. These are real pictures. Well explain, coming up on fbn am. I cant believe it. That chad really was raised by wolves . Which one is your mother . Thats her right there. Oh, gosh. No, i cant believe how easy it was to save hundreds of dollars on my Car Insurance with geico. Its really great. Well, im just so glad to have met your beautiful family. And we better be sitting down now. Believe it geico could save you fifteen percent or more on Car Insurance. Well keep building smarter suvs. To help keep you focused on the road ahead. And. The road beside. Did we mention the road ahead. With an available best in class. Epa estimated combined fuel economy and the technology to practically park itself. This is the reimagined 2020 ford escape. Lauren all right marketses are rebounding after worst week after the financial crisis have we hit bottom chief investment strategist at point view Wealth Management joins us now. I know you hate the the question but we want to know has markets hit bottom. Central question is it more meaningful certain thr reason to be increasingly optimistic from a investor point of view were seeing scientist with a global coordinated rate cut as 50 basis points this month alone or for Federal Reserve. That is not as good as a vaccine. But certain helps ease pain. What is also interesting is governments will wider also warming up to idea of giving bailouts the smaller institutions. And i believe theres wide public support for that. That also eases the pain of these cancelations and so forth that for example, they might cancel japanese olympics and so forth. Finally, of course, low prices are the best cure for selloff. Theres some mouth watering yields out there, of course, the tenure treasury hit 1. 03 last night. Lowest ever on record. That certainly sends investor to reach out for more yield and so forth. Lauren in back drop of all of this i know it is all coronavirus affecting markets but you cant ignore the politics mayor Pete Buttigieg says supporters go to joe and not to Bernie Sanders is that a reason the market is up today . Certainly, i think that that is a little bit helpful but i think its swamped by crowe that virus concern but nevertheless theres tremendous pressure now on the the Democratic Party for moderate really dont have a chance to kind of drop out show their support to biden so they have half a chance a in the election. Because they think everyoner fears that sanders versus trump is going to be a disaster for dems well see. You have to look at Amy Klobuchar also a moderate and why is she still there also barack obama declined to make any endorsement. You know, this is his Vice President if he gets off the bat in points a finger towards biden that could help them too. Lauren david dietz thank you. Cheryl isnt it buy low sell high thats what what i heard i dont know. If you think trying to remember all of your online passwords or maybe you just sort of remember them you may be in luck how passwords may be a thing of the past. Lauren yes okay as voterses get ready to head to polls tomorrow were looking at the state of texas where 2020 dems are trying to pitch the Green New Deal to the nations largesting energy producers. All of the people would go away. Wouldnt be able to survive they seem not to care about how it will affect us if they shut down this whole area. Lauren more of what voters are saying about tomorrows big race. Keep it right here on fbn am. Were invested in you. Tv just keeps getting better. How you watch it does too. This is xfinity x1. Featuring the Emmy Awardwinning voice remote. Streaming Services Without changing passwords and input. Live sports with realtime stats and scores. Access to the most 4k content. And your movies and shows to go. The best tv experience is the best tv value. Xfinity x1. Simple. Easy. Awesome. Xfinity. The future of awesome. Its our most dangerous addiction. And to get the whole world clean . That takes a lot more than an alternative. So we took our worst vice, and turned it into the dna for a better system. Materials made from recycled plastic woven and molded into all the things we consume. We created bionic and put the word out with godaddy. What will you change . Make the world you want. Cheryl ever have trouble remembering your online pass swords . Lauren is that a trick question. Cheryl this morning. Lauren lets bring brett larson is there finally a solution. To make all of your passwords one, two, three, four. No. That is a the the most common password which is really sad. No only kidding. Lauren allowed these days so complicated. They have to be complicated it is interesting fbi came out about two week ago and said stop using passwords start using pass phrases which are a little easier to remember. A pass phrase could be is Something Like Homer Simpson likes beer and that could be your pass phrase, obviously, that wouldnt be your pass phrase but something that you remember like i enjoyed europe or i went to hawaii im saying simple things that sound overly schism but to prove point. There is, there are rather several tech company that are working on this. Our smart phones as we know have become you know unlock with your fingerprint or face a lot of this stuff is starting to converge so that when youre going to website youre geng to type in your pass phrase and send a code to your phone so interconnected thats the direction that everything is going. Theres also physical thingses that weve started to see, the key we with use those here at fox im not sure if supposed to say that but a physical thing youre holding on your key chain. Whats nice about that is you put it in a usb drive but some are wireless enable but tap against your phone and phone will generate a code and you can log in through that. Cheryl you put the the the password in and they text you on your phone, and you say yes this is me. That seems a really simple great way. To factor awe then the case and a lot of places are doing that a too where google has for example a security app that you can download that integrates all of your Google Services so when you sit down at a computer at a coffee shop to avoid that but using public terminal or at work logging into your work computer you get alert on your device that you have to unlock with your face or fingerprint and say yes this is me. Thats who is trying toking log in. Two facts of authentication catch brett 24 siriusxm channel. Satellite images taken out for china in january and february show significant decreases in air pollution. In those months since the Virus Outbreak that pollution made up of gas emitted by cars power plants and Industrial Facilities is images show gas emissions from last month to same exact time last year. You can see yellow brown gas hardly noticeable in those new images. Lauren wouldwow with and get a e pictures upstate new york completely covered in ice. They may look like a Winter Wonder land but imagine living there. What a nightmare. 48 hours of galeforce winds is the reason and those created huge waves which ended up driving lake water up on shore and a froze out those about cheryl i hope nobody was home and hope that was somebodys shore house. Lauren you cant look out the window we have green on the screen first time after eight session and 3500 poingts in the red last week dow up 146. Conflicting reports about the coronavirus have many wondering what is fast, what is fiction. From the testing kits to the number of cases it is a panic actually justified . Cheryl if you havent had your breakfast yet you can score free food this morning. Were going to tell you when coming up on fbn am. Lauren for happiness. At fidelity, online u. S. Stocks and etfs are commissionfree. And when you open a new brokerage account, your cash is automatically invested at a great rate. Thats why fidelity leads the industry in value while our competition continues to talk. Talk, talk a more secure diaper closure. There were babies involved. And they werent saying much. Thats what we do at 3m, we listen to people, even those who dont have a voice. We are people helping people. Cheryl cheat sheet the top headlines the second coronavirus death in the United States both deaths connected to nurses home outbreak new york and florida have cases and now 80 cases in the u. S. Ending president ial bid before super tuesday hes drop owl because it is right thing to do for the party. It comes as 2020 contenders gear up for primaries in 14 states with over 1,300 delegates at stake call thed super tuesday and overnight north korea firing to progeek teal south korea believes their short range Ballistic Missiles fly 150 miles before landing in ocean and it is rogue regime first demonstration since the summit of the president. Lauren coronavirus having a major impact on every day life in japan yesterday the tokyo marathon went on with a larger crowd and compared to 38,000 amateur participates last year. This after race officials scaling become to prevent spread of the virus. Spectators look at that empty stadium line and watch it on tv, baseball taking a hit six teams play over weekend but without cheering fans in the crowd. Game for the giant thats japan oldest and most popular team they usually play with a packed house. Cheryl Louvre Museum in France Closed its doors cases have surged in western europe and back here at a home people are emptying out store shelves basic itemses like toilet paper Hand Sanitizer at an alarming rate and many folks are taking measures to prevent themselveses from being affected. But what is the fact and what is the fiction here . Let bring in the infeck Infectious Disease chief. So fact versus fiction weve now learned that one patient down in san antonio and texas tested negative twice was released. Then they found out another test was positive and back in quarantine. People get nervous and scared when they hear stories like this. I think it is so important to separate fact from fiction and general public to understand this is a Novel Coronavirus this is a new virus with no human National Immunity but rest assured it is strong if not globally. Having said that were trying to stay vigilant on top of this within we first heard about about this in 2009 late december and leaked to china most hospitals Public Health facilities started having leaderships meetings where they started implementing a plan to prepare just for this. You know, i think you look at what happened in china with draconian measures in terms of quarantine we all knew it was coming here this bought us some time is. But that time was very important we were meeting daily to look at what we need to do in the hospitals. From the local level, all the way up to federal level so we look for federal cdc, state level and local level, and all to have a plan to really prevent a mass hysteria and assure public everything will be okay. Are testing kits in your opinion ready to go . They are ready because there was some contamination in atlanta youre saying that truth be told theres a gap there. Initially cdc only place toe test for coronavirus and a expanded to state lab so in new jersey, but were looking for now in next several weeks is having Community Hospitals having it readily available we need to ramp up who we test and need to ramp up so we can either rule in or rule out if we rule out patients can be assured if we rule in then we need to ensure proper isolation precautions. U. S. Surgeon general is saying people quit period offing mask because youre taking away from Health Care Professionals that need them. You agree with him on that. Talking about first line ent, nurses, er physicians we need them to be properly protected we call it personal protective equipment and need amount of gallons, gloves, masks, et cetera. Average person wearing mask is not doing anything and it is really ill repeat that it is not doing nog for them. Theyre much better served by washing their handle often and not touching their handle to their face. I know its not not going to work. So whole idea of word of the year social distances so if you are sick stay at home, home from school and, of course, being prepared for the possibility not seeing this, but possible of social distancing in terms of home quarantine. Ive heard noting smoking and keep your immune system healthy. Thank you so much forking being here this morning great advice from you, sir. Lauren. Lauren when looking at the 2020 race Many Americans ask am i better off now than i was four years ooze as American Dream possible for me well in texas energy makes that dream possible. A large number of jobs center around gas industry is. Whanch texas voters think they need from a president to be prosperous in their present lives. Cooking three or four briskets to cooking 20 or 30 briskets a day and serves up sausage brisket texas style. It is slow and tender. Where oil workers come to fuel up. Theyll come in and order a ten, 15, 30 plates at a time up to four, with five orders day. Since 2017 more and more rigs are popping up. And that means more business popping in. Im an american first. Donald trump is doing good for this area. Thats what im going to go for. I need to take care of my family. Iirather be working here than on food stamps and a government assistance. Pit master is real campos is a democrat. But hes not onboard with with what what some democrats are putting on table ideas like Green New Deal dont sit well. All of the people would go away. Wouldnt be able to survive and seem not to care about about how its going to affect us if they shut down this whole area. Some of the customers arent fan either. Not a good idea especially for business in this area. Were all so it will put a lot of people out of work. Israel says some democrats in washington are out of touch with what in thes in texas want. All of those decisions they make they trickle down to us and affect directly. Theyre supposed to be constituent for the democrats this was a democratic county and wave with out for us as well. As it makeses money cooking up slabs of beef. Israel, has beef with policies like the Green New Deal that would ramp up regulation on oil and a agriculture. His business would be hit twice as hard. Im also bringing energy im also good with what pays the bills and this is what pays bills right now. Hillary vaughn thank you so much. A new report on impact of the Green New Deal found that swing states household hads would pay at least 74,000 dollars in the first year of one of the Green New Deal. In states like texas it would cost a lot more with 600 dollar its a month to the cost of living for every texas. And excuse me every person and thank you Hillary Vaughn it was a great story. More on that in just a bit. President trump is holding rally tonight in charlotte, North Carolina tonight the before super tuesday and Trump Campaign is launching campaign blimp. Set to fly some time between may and july it is expected to appear over major supporting events and gatherings especially in swing states. Cheryl well at t is trying to win some customers back the phone company launching new tv delivered Service Today same as directv but come over internet rather than a satellite dish and sepgdinging android streaming tv box to use it. Also come with netflix and other streaming apps. Lauren all right today is National Egg Mcmuffin day and a celebrate mcdonalds is offering ewe free sandwich if you order through their app. Cheryl wendys includes breakfast bacon atore honey butter chicken biscuit and frosty if you check out the app you can some of these for free and actually right now and frosty is a mix of the frosty lauren we love those, and a, of course, Cold Brew Coffee tack bite ill let folks know as youre taking a bite what they can expect. Bacon atore by the way sausage american cheese that is a huge sandwich, lauren. Bacon strips, of course, this is frostychino saying wendys is telling us half the calories of a actual frappuccino big bonus on that one also get seasoned potatoes. Lauren my teeth are clean. Cheryl thanks wendys for all of that had. Mcdonalds had a big savory thanks to their Breakfast Menu we wendys might be on to something. Pete buttigieg says goodbye to the campaign trail and what does this all mean for tomorrow which had is super tuesday . Lauren and Meghan Markle to the rescue the new role shes looking to score. Keep it here on fbn am. Yes im stuck in the middle with you, no one likes to feel stuck, boxed in, or held back. Especially by Something Like your cloud. Its a problem. But the ibm cloud is different. Its the most open and secure public cloud for business. It can manage all your apps and data from anywhere. So it can help take on anything, from rebooking flights, on the fly to restocking shelves on demand. Without getting in your way. 1 in 3 deaths is caused by cardiovascular disease. Millions of patients are treated with statinsbut up to 75 persistent cardiovascular risk still remains. Many have turned to fish oil supplements. Others, fenofibrates or niacin. But heres a number you should take to heart zerothe number of fda approvals these products have, when added to statins, to reduce the risk of cardiovascular disease. Ask your doctor about an advancement in prescription therapies with proven protection. Visit truetoyourheart. Com cheryl another one is gone this morning former south mayor pete pulling out so heading to supertews who was most likely to benefit from his bowing out . Lets bring in democratic strategist Quinton James and republican strategist alex vogel guys, good morning. Perjury good morning. Good morning, cheryl. Clinton who does this help . This helps joe biden Pete Buttigieg first openly gay candidate to win a state but kudos to him and his team but head over to joe biden we should wait until tomorrow just to confirm that. But i think it is, you know, going to help the Vice President. Cheryl s its interesting alex an interesting piece by James Huffman in wall street journal this morning called against sanders, trump is a lesser evil as we see Bernie Sanders strengthening on democratic side is this a good thing for President Trumps reelection bid . Look theres no doubt that with a candidate like Bernie Sanders at the top of the ticket if you take the normal political dynamic add on top of that 25 or 28 or 30 of americans who are concerned about voting for someone with a socialist label attached to them, it is a huge problem for the democrats. I dont remember the last president ial election decided by anything close to 25 points, and so is there any margin for candidates to give away over stroll issues like that, and i think thats why youve seen this push towards Vice President biden in the last had two day. But still quinton we have to look back at Bernie Sanders looking at this latest nbc poll showing strong in texas that is a key state here. It is. Tomorrow is going to be huge. Texas, North Carolina, california, those are going to really decide the future of this race. But i think that issue is senator sanders is this were not scared of his idea at the top of the ticket the question is down ballot in order for it to become real policy you have to flip the senate and raise a ton of money and keep house and past week he spent day as front runner refusing to take money from Michael Bloomberg and peddling in conspiracy theories stealing election from them so i think if his campaign is going to to take advantage of this moment, they should bring people in. Make the tengt bigger, and get away with conspiracy theory. Cheryl you brought up Michael Bloomberg i want to play this sound bite on 60 minutes last night talking about spending. Listen. How much are you willing to spend . Well, im making an investment in this country. My investment is, im going to remove President Trump from 1600 pennsylvania avenue, or at least try as hard as i can. So its a blank check. You would spend a billion dollars . I dont know if it is a blind check but when they come to me to spend more so far ive said yes. Not talking about himself but just in general. Just to get trump out of office no matter who candidate is on democratic side. Thats really the question here is bloomberg has said all along this isnt about me as a candidate its about beating donald trump although hes spent something in order of a half a billion dollarss, and ive seen those ads as has everyone else they talk a lot about Mike Bloomberg and not a lot about donald trump. So if it looks like hes not going to be the nominee just how big is that blank check . It can still have a major impact on this race. Cheryl quinton we have seen recordbreaking amounts of money spent on the democratic side. But still, Bernie Sanders is seem to be in the lead. What do you make of that . Hes in the lead but listen, the dnc spent two years with the Unity Commission writing the rules of this process. And so what were going to see contested convention in july and reason why Mike Bloomberg will stay in because no one will have a majority of the delegates before convention so as we head towards july, it will be important to see who is in the lead but nobody has a majority of delegates fight on the Convention Floor on the side of the nomination. Cheryl youre bring up Elizabeth Warren issue and interesting. Quinton thank you. We very much appreciate it. Thank you, cheryl. Lauren markets responding to this green on the screen right now Dow Jones Industrial average is gaining 220 points this morning almost 1 s p is up 17. Nasdaq packing on a solid percent which is 81 points to the the upside. This is first bounce that were seeing in eight days. Investors are holding out hope for a coordinated Central Bank Action to stem the financial hit from the the coronavirus plus worries about virus overblown or justified . Can it cause a recession . The cost the president his reelection. And 93 trillion, thats how much the Green New Deal could cost the u. S. Over a decade. But it is how much it can hit your wallet, thats got researchers dumbfounded. Our next guest plans howing progressive deal could trigger an economic depression. Youre watching fbn am. Fun fact 1 in 4 of us millennials have debt we might die with. And most of that debt is actually from credit cards. Its just not right. But with sofi, you can get your credit cards right by consolidating your Credit Card Debt into one monthly payment. Including your Interest Rate right by locking in a fixed low rate today. And you can get your money right with sofi. Check your rate in two minutes or less. Get a nofee personal loan up to 100k. Get a nofee personal loan theres a company thats talked than me jd power. People 448,134 to be exact. They answered 410 questions in 8 categories about vehicle quality. And when they were done, chevy earned more j. D. Power quality awards across cars, trucks and suvs than any other brand over the last four years. So on behalf of chevrolet, i want to say thank you, real people. Youre welcome. Were gonna need a bigger room. Lauren coronaVirus Outbreak sparking fear around a the world and certainly in the financial markets. But how fast and strong will the recovery be . Joe griffith is Research Fellow at the hairage foundation and hes joining us now. Joe good morning. Good morning. Lauren i love that were talking about recovery and markets up this morning but evenings is this a hit to gdp but the impact of the coronavirus be more severe . I think history can give us a lot of guidance on this if you look at the past outbreaks you go back 35 years, 11 times in which weve had epidemics, the stock market in the United States has been higher six months later than at the start. So thats amazing same thing on global level. 9 out of 11 times the market has been higher ive beening looking at data coming out of china some of the forecast and theyre thinking by the end of march, the capacity rate for factories back up to 0 so this should be a recovery throughout the last half of the year. But there will be some shortterm impact this quarter and next quarter. The shape recovery the markets and the economy goes straight back up. Perhaps not only here in the u. S. But worldwide too . Yeah thats right. And if you look at the deaths that weve seen so far, i mean, this is a tragic loss of life but were seeing right now about 50 or 60 people per day, die, thats about a third of what it was a week ago. And if you look at what our flu season in a year we see 150 people die each day during flu season in the United States alone. So im not trying to minimize loss of life but im just saying we need to be careful to go ahead to take those Health Precautions but at the same time lets not sensationalize this with a serious risk as well. John few days ago representative xangd ya cortez read the 14 page Green New Deal for the house. And she said look everyone is attacking this let me show you whats in it and she spoke about transitioning away from fossil fuels upgrading cars and homes giving everyone access to healthy food and access to, quote, nature. Thats the Green New Deal. A conservative tank says that will cost you 66,000 dollars in the first year. And that would certainly have an impact on swing state, michigan, wisconsin, pennsylvania, whats the reception to that deal thats how we tease it green new seal in the swing states . Its a very chilly reception and heres why im from ohio. If you go to the eastern part of this state where natural gas frackinging industry has rejuve is nateed some of these community that have been in just horrible economic shape for so many years. It is helping them not just about about Lower Energy Cost for us. Which now we have these some of the lowesting energy costs in the world. It has about these communities and states experiencing job growth from the booming is sectors. This Green New Deal would shut down the fossil fuel industry and we estimated heritage found that by third year of the Green New Deal it is going to cost typical family 10,000 dollars plus per year. These are very high costs for typical families. Having said that seeing impact on swing states can Bernie Sanders get the democratic nomination, joel . Well, it appears possibility were going to see a lot tomorrow night. Senator sanders is leading in california. Hes leading in some polls in texas. Well see if the South Carolina results from the other day with Vice President biden winning or going help Vice President biden but it seems to be a very real tugofwar with the Democratic Party. Lauren joe griffith thank you so much for the time get some sleep. [laughter] cheryl well court will be soon adjourned now famous rogues is about to be hung had for good. Lauren did Meghan Markle have her sights set on a hollywood return all along . Well have that when fbn am returns. Its surprising how the bigger a city gets. The smaller it starts to feel. Which makes it even more surprising, how big it feels in here. With sliding rear seats. And more available second row legroom than say. A chevy suburban. This is the completely reimagined 2020 ford escape. Lauren Meghan Markle might want to be call ad superman. Cheryl i love that song by the way. Mike is here with with a little bit of Meghan Markle news. Whats she up to . No surprise that Meghan Markle might want to return to acting weve heard of reports of rumors about last couple of months. Now u. K. Daily mail is saying she might be presuming role in a superhero movie. Theyre siting fact that shes reportedly done some voiceover work with disney so has a relationship with Disney Disney owns marvel and studios, and that the agent is actively looking for a superhero flick for Meghan Markle to do. Well see if this will help her or go through something that she may be a little too polarizing right now to actually go and see her in a movie see if the studio will buy into that. Who knows if Meghan Markle. Lauren that would pack movie theaters no to see Meghan Markle with the royal family let her do Something Like that . This is a good question as well. I dont know. Cheryl a say anymore some people love her right now and some are not happy with her could go either way for sure. Judge judd did i is getting a final verdict. Say is aingt so judge judy will be calling it quits with it seemed about right nowadays to the relationship is going to be ending. This would be the last season of judge judy but cbs will reair seasons of it. She will have a new show. Its called judy justice. Shes not going to be doing just judge judy. Something called judy justice will come out. Judge judy makes reported 47 million a year. Lauren good for her. Mike cbs bought the library for 100 million. Shes going just fine. Cheryl thats it for us. Over to Dagen Mcdowell who is in for Maria Bartiromo. Dagen good morning, in Maria Bartiromo. We have 128point gain on the dow futures right now, despite major uncertainty about the coronavirus. The crisis, there are now more than 80 cases and two deaths in the United States. That number expected to rise. In china a newborn has been diagnosed with the virus as the number tops 88,000. Goldman sachs expects Federal Reserve to act with rate cut this month, what you need to know about the spread of the virus and how you can stay safe. Thats ahead. Maria sits down with Vice President mike pence. Find out what is being done to combat the virus here at home including ramping up testing and mass production. Former Vice President joe biden heading into super tuesday with big win in South Carolina, but senator Bernie Sanders raking in the big bucks. And the democratic field thinning out, Pete Buttigieg and some steyer dropping out of the race. Find out how walmart and verizon are teaming up for 5g in stores. Mornings with maria is live right now. Dagen 10year treasury yield touching a record low overnight of 1. 03 . Its picked back up just a tad but again fears still front and center and you watch money pour into safety of u. S. Treasuries. Week we saw all 3 major market gauges move into correction territory. The s p 500 experienced the swiftest correction dro