Connell mcshane. Melissa ima Elizabeth Melissa francis. But off the lows of the session. Any minute President Trump will be visiting the cdc in atlanta after signing 8. 3 billion emergency coronavirus bill, earlier today we will bring you any comments from the president if he stops to speak to reporters. We have fox Business Team coverage blake burman is live at the white house christina is on the floor of the Stock Exchange and bill flynn is watching the action and oil at the cme. Lets kick it off with christi christina. We came back within the last 15 minutes, we saw a 500point swing to the upside, tons of volatility inc. Connell pointed out the red, green and the only felt down 1 roughly, not even 254 points. The nasdaq down 1. 87 . Off of the session lows, especially towards the last 15 minutes, a lot of buying and selling. If you take a look at the week, across the board those of the charts youre seeing, s p 500 up about 18 points, down 457 points, we are in the grade, not at 2 but still higher, the nasdaq is relatively most flat at ten basis points higher, if we take a look one of the big factors you have the ten year treasury yield and investors moving money into safer bets, that is seen as a big deal for investors, the market equity falls to, its a little bit higher than what we saw earlier but we did hit an alltime low as 0. 66 66 basis points, they put out a note saying 1 was good to see you. Now the fact that were referring to the ten year yield in basis points and all in and on a particular company because the story right now is about the coronavirus and how were trained to mitigate and asking people to stay home, costco announcing they are having trouble catching up with demand because so many people have been going to their stores to stock up on nonperishable goods, toilet paper, hand sanitizers and they are working to that. And i think connell, this is for you, people making their own hand sanitizers with vodka. Melissa we did hear about the upper he does all the time. Thank you. Connell oil is a big story. Especially today look at the chart on oil, 9 lower so i think it was down more than 10 . The biggest daily decline since 2014 phil flynn was on with us and he said opec will make some deal and it turns out they did not. They did not. They shock the oil market, thats why were down 10 . 24 hours ago opec was talking very confidently that they were going to cut production by 1. 5 Million Barrels and there was a stance by a most everybody that russia was going to go along with the situation but russia said we are not going to do it. That was a big shock to the market and if you look at todays drop, the biggest oneday drop since the last time and opec meeting had an epic fail with russia in 2014, it was the same situation. Saudi arabia was fighting with russia saying you need to join in the production cuts, russia said no and the prices tanked. A lot of concern of whether the flood the market. Connell thank you. Melissa now at blake burman at the white house with the latest development from washington. The Trump Administration today the top Economic Advisor openly acknowledged they are indeed considering economic stimulus as a result of the coronavirus, larry kudlow telling us that the potential economic stimulus at this point is in the preliminary stages but the cash injection could be involved though he said it would not be to the tune of hundreds of billions of dollars. People who may be stranded at home and will lose pay, Small Businesses in certain areas may be geographical areas in certain sectors we may wish to help them with cash flow and on a larger scale some of the sectors might need temporary assistance so theres a number of things, i look at it as a micro and targeted and timely. Reporter targeted and timely was the phrase he repeated often. Im told that allowing companies in the travel industry like the airliners and cruise liners allowing them to defer tax payments is one of several options that is being considered. The president today when asked would not say if he would eventually greenlight that particular option, he suggested its still too early to talk about stimulus and try to highlight this morning job report. We are looking at different options, we did get tremendous job numbers this morning if you add the 80000 to the 270, were talking into 350,000 range but right now thats something we want to be talking about. Reporter the president in tennessee thats where he was earlier today on the ground in the nashville area. Going there after the deadly tornadoes that hit their earlier this week. The president now is in atlanta, georgia area and he will head over to the centers for disease and the president there before he left the white house signed 8. 3 emergency coronavirus spending package. Back to you. Connell. Melissa somebody namede got the end pin when he signed the coronavirus. I was not there but i believe he flipped it over to steve holland. Connell to blakes point, the jobs report did blow past expectation, 273,000 jobs added in the month of fabric, biggest monthly increase since may of 18, the unappointment taken under 3. 5 . Steve forbes with us, everybody said its backward looking and we dont know what the virus will bring but the other word from Administration Officials and others is that this provides a cushion as we go into whatever were going into bring. It is in a sense the past but its the basic strength there. As larry kudlow may clear this morning, this is a onetime event, its not like 2008 where you had real systemic problems, theres a one event and eventually it will be over, tragic but itll eventually come to pass and be over and when it does this economy will be ready to roar. As you know last year things will hold down by concerns over trade, not the growth rate from 3 to above 2 . That was starting to change this year, things are moving up then the coronavirus came along and knocked things down. That is going to be temporary, thats why you sell the surge at the end i have to scratch my head with the market being down 1 is a victory these days. But i think it shows they will be real buying opportunities because the stocks eventually most will come back. Connell it seemed like whisper more monetary stimulus or physical stimulus in the market. I want to talk a little bit more about jobs, and stuff to have outlook will be dont know what the future holds. I thought he made a very interesting point yesterday because 9 11 was such a blur in the weeks afterwards we forget how companies reacted and john says he went back to look up the numbers in the Airline Industry and they cut 100,000 jobs or laid off 100,000 people within ten days of 9 11 meaning they were cutting jobs like crazy, i know its early but we dont see anything close to that. United had a hiring freeze. I think after 9 11 we had real uncertainty not just because the few months this things might pass. We didnt know what terse attacks are going to come in what was going to happen, what measures would be taken. Thats why you sell the panic reaction. The u. S. Economy is already weak into thousand one, it was not strong at all. We were beginning emerging from a recession. This time its entirely different. We know in a few months this will be over. Is not like the uncertainty of 9 11 and because of the low unemployment numbers employers do not want to let people go because they are now a real asset. Melissaconnell its real hard d people. You may cut down the hours that they work but you do not want to let them go. Connell thats an important point, we heard from ceos before this, it has not changed that its hard to find people. A quick thought on stimulus. Larry kudlow talked about it in the talk about whether the government on the physical side will do more whether its targeted and stimulus another mans spell out what he thickens appropriate. Politically they will have to do things and i think they will make it as targeted as possible instead of a spray going all over. But i hope they include things that will be longerterm like a tax rate cut in the like, Capital Gains tax cut as well knowing that some wont get through but setting the basis for postelection what will happen in 2021. On a good note if the u. S. Economy if the odds go right and we get progrowth majors not only this year but next year, you will start to see countries in europe follow our example just after the terrible 1970s into the 1980s we followed Ronald Reagans example and in europe, who wouldve thought greece would start to move and grow again, what did they do, they cut taxes and starting to deregulate. I think you will see a change in terms of policies in europe, they will not credit the u. S. And they will not credit donald trump but they do like success. If you look beyond the virus and the election, i think we can be in a. Where people will say wow, this is pretty good. Connell a hopeful message on a friday. Thank you, sir. Melissa lets bring in jason rotman, ever plus capital director and Todd Horowitz of the trading show host, i want to ask you guys to react to what steve said and build on that, do you think weve hit a tipping point, the last thing i canceled today a whole bunch of parents responded with anger saying this is getting overblown, we might be overdoing it. I wonder if were at a turning point where people are starting to feel like im being careful, im going to be careful with the anxiety does not match with the actual risk and maybe we see a bounce back in the boom, what are your thoughts . I think at the end of the day it amounts to the fear of the unknown versus the fear of the known. All of these major multi thousand person facebook natural Food Industry conferences, one canceled hundreds of thousands of people not going to this conference, is the overblown, nobody knows, thats a problem it is unknown and all the medical professionals analyses are saying that the fears are justified, this could continue to spread. Melissa justified in the spread but if you are not only vulnerable and you get it, its like the cold and the flu. It is not deadly, that is one thing people are starting to realize and todd, i would just say this is going to be when companies blame the hurricane and the snowstorm and gas prices and we will find out later that some things canceled maybe werent very well subscribed, i dont know im a journalist and a skeptic and im always wondering do you have hysteria what are your thoughts . I agree with you, i think we are using the coronavirus to cover up a mask of a lot of things that are already happening. I think before coronavirus we were seeing very early stages of a recession. We seen a lot of slowing so now were using it as an excuse and investors were looking for a reason to sell the market and blaming it on the virus. I dont think has anything to do with it. I think the markets were slowing now we have the excuse to sell. I think the selling has just begun, if youre an investor i think you stay the course because as we know markets go up 8 8 half yearoveryear. If youre a traitor, these are great opportunities and they finish off today. I think you have to understand that the market is already slowing in the economy is slowing worldwide and we have to stop with the fed and tell them to get out of the way. To make another point about cancellations or preparations companies are making. The president of the new york Stock Exchange will be on the network tonight talking about the threat of the virus, the interview as part of the barrons Roundtable Program on friday nights. Lets talk about that but take a listen to what theyre talking about the Stock Exchange. Is a possible scenario that the floor could close . I think its digesting news and theres a combination of what people are consuming about the virus as well as the election cycle. We are unprecedented at certain times, you have to stay calm. Connell a lot of points but the first one of whether the floor could close, you forget about the debate of specialist on the floor and whether we could trade digitally or not, continue the conversation we were having about whether companies and not just the Stock Exchange but all companies are making some sort of a plan to how to deal with this. Do you feel to appropriate to be thinking along the way that Corporate America seems to be thinking . I think it makes sense, im not an alarmist, im a pretty positive person overall i would call myself an optimist but it makes sense only because of this there is no major vaccine or treatment with a cure out there so this is a huge big trend thats tough for an individual opinion to fight like steve forbes, great guy but for him to say this will be gone in two months, no worry, i dont see how i agree with that. Connell you dont have a metric to use. Todd, your take as well, ill throw in the elon musk the everybodys talking about his tweet last hour he said the reaction to the virus is dumb, thats what he put on twitter but it is what it is, people are behaving how theyre behaving under economic consequences, we can debate the appropriateness of those behaviors go ahead. If they close the floors it does not matter, the floors are only there for the chronic state, they have nothing to do. You can make any trade from anywhere, is just for visual effects, and chicago the floor will be closed in the next year permanently anyways. I dont think that matters. If thats what were headed to regardless, thats what youre starting to see and its another reason to push them out, i was coming to new york until the event got canceled, otherwise i wouldve been there. I dont worry or think its a big deal and if it becomes much worse than will find out. But i think weve seen the worst in his been in china longer than its been reported out here. Connell your point is fair and a lot of people feel that way but your event was canceled so youre not coming and thats a consequence economically. Thank you always good to see you both. Melissa interestingly i talked to a couple people over the past couple of days the said their event was canceled but the airline would not refund their tickets so they are still going and using the hotel and going to sightsee instead of going to the event because they cannot get their money back. I wonder for at an Inflection Point where people are saying we may be overreacting, lets keep things going. Connell everybodys been talking about these other events if they go one of people feel right lets see if that happens. Melissa somebody has to go on and well see what happens. It could be a disaster and maybe that will change the tone. Im just wondering. President on the ground in georgia, he is making his way to the center for Disease Control as the number of virus cases surges across the country, we are live outside the cdc in atlanta. 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Reporter the president is on the ground heading this way, right now im standing in front of the cdc across from clifton road which ordinarily is very busy but theres a heavy police presence, they closed off traffic awaiting the president s arrival, as you mentioned this meeting almost did not happen because of a false alarm overnight. Take a listen. We thought there was a problem as cdc, somebody that had the virus but then it turned out negative. Reporter the Trump Administration and cdc are closely monitoring the situation aboard the grand prix princess cruise trip which received test kits and they are watching a cluster of covid19 cases some fatal affecting residents of a nursing home just outside of seattle. In several cities officials are concerned of a growing number of cases of Community Spread where people are getting sick despite having no high risk travel exposure and no contact with any other confirmed cases. The World Health Organization urged all nations to make identifying and containing infections a top priority. Every day we slow down closer to having vaccines. It could in turn. Reporter coming back to our life shot, you can see the motorcade is arriving, President Trump will be arriving at the cdc Holding Meetings with cdc leadership and some of the scientist, the disease detectives at the forefront of the coronavirus investigation. Connell its obvious the president is arriving, we will check back later in the hour. Melissa addressing the outbreak, President Trump said a confidence that the market will bounce back after the strong february jobs report, far more on the white house effort to curb the Economic Impact of the coronavirus, lets bring in Tomas PhilipsonWhite House Council of Economic Advisor acting director. Thank you so much for joining us. Can i ask you questions about what youre seeing on the supply shock front. When we talk to various ceos that have factories over there they say they are getting back up and running but others that bring up the thought that we cannot trust what china tells us, what is your impression of the Economic Activity going on in china now . We are monitoring that quite closely with highfrequency data and its an acceleration back according to the data as well so is more trustworthy. Melissa its not information youre getting from them, i dont want to interrupt but i want to be clear, enter own independently if you had to say on a scale 0 100 how much capacity do they held back. They are coming back and accelerating rate the level is more uncertain but the rates are easy to measure on terms of how fast theyre coming back but theyre coming back quicker this week than they were last week. Its basically pointing in the right direction. If you look at it is interesting with the jobs report today, if you look at the multifrequency data on the labor market is Unemployment Insurance claim and they have been down flat throughout a two month period of a china supply shock which is quite amazing and i think people should Pay Attention to how strong the labor market is given we have two months of the supply shock without a dent in an appointment insurance claim. Melissa what about the other places around the world where italy and other parts of the world are we seeing supply shock elsewhere as you look at the same group of data . Obviously south korea and italy are seeing the worst of it, we are monitoring that, were not dependent on their economy obviously as we are china but in general i think the over exaggerated impact what we see with the labor data is not showing anything. Today was a breakthrough day in terms of labor markets. Going into the crisis is pointing to a strong in terms of facing this risk. We had the first two months of 2020, we had more jobs then was predicted during the whole year under the obama policy. Its an amazing labor market right now which shows the strength we have going into this. Melissa theres a lot of debate of things being canceled but is that being put off into the future in terms people are going out to restaurants but if you look at things like fresh direct, costco, they are getting hammered and dont have supply anymore. You must have conversations about how all that nets out, what are your thoughts, whats the net effect when we see increasing demand and some things that will lose and will not come back. What is the overall effect. We are monitoring the consumption data pretty heavily with highfrequency data. The most of what you see is basically International Travel and stuff of that nature as opposed to domestically in the u. S. All bc making changes in the future. Thats a lot of positive signs in terms of the housing boom in particular which is going to be stimulated by the low rates to the u. S. Right now. And most of the jobs data today is very related to the housing boom we have construction, Financial Services supporting that with contracts being written in mortgages and professional services through architects. I think the bottom line, we are going into this with a very strong economy. Melissa absolutely. White House Counsel acting director collection. Connell really interesting point at the end as we try to figure our way through all this. Jamie dimon undergoing emergency heart surgery, we will get the latest on that. Jp morgan chase ceo and how his recovery is going. Coming upwe next. 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. 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Com connell the coronavirus outbreak is having an effect on the military. The u. S. Has been forced to cancel a joint exercise with israel that was set for this week and lucas at the pentagon with the latest on that. Reporter this is normally held in israel every two years and with the threat of a wrong not going away u. S. Military says it was forced to scrap the exercise out of a quote precautionary measure, a thousand Israeli Soldiers were supposed to participate in a south korean employee tested positive for coronavirus marking the first confirmed case at the headquarters for u. S. Forces korea, this is the seventh confirmed case announced by the u. S. Military in korea so part only one active duty soldier out of 28500 troops have been affected. Defense secretary says hes confident they can withstand the virus. We have a lot of capability in the building, the National Military command center has a capability for weeks at a time if they have to be locked down inside the bully if we have an outbreak. Reporter despite the rising threat from coronavirus, they continue missions around the world. Theodore roosevelt pulled int yesterday. On capitol hill the Navy Top Admiral was asked a few questions. Do have test kits . No we do not, but that is not just a problem for dod but i think we are going to to a better place to distribute those out to the force. Minutes ago i found a u. S. Army soldier in kuwait is being held in isolation due to a vacation in italy for showing signs of coronavirus. Connell live at the pentagon. Melissa a cruise ship in limbo thousands of passengers being held off the coast of california are awaiting test results as the number of affected cases across the country top 200. 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Reporter hi melissa, no news yet, we know testing is being expedited and for thousands of people who are essentially stranded at sea and the results will determine what happens next. Thousands of passengers are hunkered down inside their cabins about 70 miles off the coast of San Francisco waiting to hear if the virus is circulating among them. We have learned eight passengers who were on the ship previous cruise to mexico have tested positive including a california man who died of cobra 19 on wednesday. Yesterday helicopters delivered test kits to the ship and it took a few hours to collect samples to 45 people who are showing flulike symptoms, they were flown back to a lab for analysis for california viral disease is one of the most advancing testing sites in the world the state cdc will determine where it will dock and it might be in San Francisco, could be somewhere else. Officials say the location must provide for the safety of the surrounding community as well as the passengers and crew, the ships captain telling everyone to say in their cabins until further notice, their wifi to stay in touch with family and menus so they can order room service, most of the public areas like the gym, bar, casino all closed, not the way they hope to wrap up their two week cruise to hawaii, it was scheduled to return to San Francisco tomorrow in turnaround with a new group of guest and return on another cruise to hawaii, that cruise has been canceled and everyone is getting their money back. In the meantime there are now 60 confirmed covid19 cases in california and we hope to know very soon whether that number will rise. Melissa thank you. Connell the idea of mitigating the negative affect, the white house im sure youve heard a . 3 billion funding bill to fight the virus and the impact it might have on the economy as several other options are being considered. We reported earlier about larry kudlow the Economic Advisor saint stimulus if it comes will be targeted and timely. Lanny chen joined us at the Hoover Research fellow and a number of jobs at hhs for sometimes and the bush administration. With that in mind, the 8 billion is one thing, a lot of backandforth about how much money would be used and how it will be used by state and local government and the federal government but what about economic stimulus, where you stand on that larry kudlow brought it up and maybe up the market a little bit but is it a good idea . I think it depends on how significant the damage, its pretty obvious you have some sector like the Airline Industry where some relief may be important to keep the industries and the competitors within the industries going, i think the broader question is around payroll tax relief has been brought up for folks that might have to stay up and knock it paychecks. In some relief that we might see more on the consumer side, the idea that its targeted makes a lot of sense. You dont want to end up with a smorgasbord of Government Spending that we sold during the Obama Administration and we sell the recovery act a lot of that ended up being not entirely statement of and not focus. I think kudlow and the administration has the right focus. Connell this is a completely different situation economically then zero eight. But mindset, to your point, when were going through all of that people get crazed and theres not Clear Thinking and you start to hear things like we gotta pass this or to disaster, or people will be in trouble and thats where the slippery slope may start from an economic point of view. Is that the theory customer. In the situation in some ways it is worse because youre talking about personal health, youre talking about a Health Pandemic and people get a rational around these things, no question about it, the politics get into it. People say if you vote against your voting against helping people, your voting against trying to help people and thats the challenge we are going to get its going to get wrap up into the political season when it needs more rational thinking about what policy is necessary to keep the economy afloat. Connell what would you do if you could wipe out all of the political stuff, obviously this is the ultimate hypothetical, would you step back and wait a while . We dont have a lot of information, what would you wait for, would you wait to see how everything shakes out . For example we need to see consumer confidence, consumer spending, the affected industries to see and get data out. Obviously we know for example that the airlines have been hit hard, that is one area where demand is down. But beyond that a lot of this is speculation in terms of how are people doing. Connell fox news alert, he is now speaking at the cdc. Here is President Trump. [inaudible] the thank you, mr. President. [inaudible] when you first heard it was an illness made available to the general public we have used the information [inaudible] connell we were thinking this audio is not great and the president realized that, he has asked the officials to move around to the front and i will get a much better much easier to hear. We heard early on at the beginning and the end of december about the unusual illness taking place in wuhan, china. The fact that it was associated with the market led some evidence that might be a transmission from animals to people. As soon as the chinese announced it was a Novel Coronavirus and the chinese to their credit made the Information Available right away the coronavirus experts at cdc used that information to design a test so we could detect the virus. Even though there were no cases in the u. S. At that time and we had no samples of the virus because we had no clinical periods. We went from designing that in materials were made in these laboratories with audio control and then our scientist use that to validate it would work against what they could make of this coronavirus using the information but importantly so it would not detect other things. We wanted positive for only the coronavirus not for other viruses to create similar respiratory examples. Does everybody understand that . I have a question. One second let him finish up. The information coming out of china indicated it was more serious than originally thought. We set up the Management System at cdc that we would have all the right components with the epidemiology, the laboratory, communications, and then went to became clear that it was more serious thats when we decided to work with our colleagues at fda to make the test available to the largest Public HealthLaboratory Community and work with fda. Tell them how you begin the test. Emergency use authorization so we can distribute the test to the Public Health or operatory counterpart and now working with the commercial manufacturers we are in position to scale up the production beyond what we can do with their own facility here so the capacity to test more and more americans and as wework today to qualify more of the materials to go out. It is important to note that at no time during this response has cdc ever denied from a Public Health official either state or local to test the patient sprayed all the patients who needed to be tested in the opinion of the Public Health officials have been tested. And you have plenty materials. Oliver state labs have the ability to test for the virus. I think at first i want to thank you for your leadership in helping us and putting the Public Health first, i want to thank you for coming here today and encouraging i think thats the most important thing. I appreciate it. The whole situation the testing has been amazing actually what they have been able to produce in such a short period of time. You mentioned testing by the end of the week, the following week. What number. Up to 4 million test will be available in the United States by the end of next week. Commercial labs are getting validated as we speak by the end of this week and as promised we will have enough testing for 75000 people is already out and then enough test for another million test to be done and thats been validated by doctor monroes team as we speak. The one thing i would like to ask, the purpose of all of this as he said is to have the capacity to protect the unknown, this Lab Developed test, sars, mers, its relevant, i think is remarkable the test that weve had here, once we got the sequence i think this lab team had a functional test in about seven days and they worked with the fda to make sure. Thats really what we do. When they saw there was a problem in china, many weeks ago, they saw there was something going on in china long before anybody even heard of it and that was before it was even in the. They heard there was a problem in china and thats when they worked on this. Thats pretty incredible thats why we are in good shape. [inaudible question] i think at this point, we have said this before, the secretary, the risk to the merc in public remains low. We have a lot of decisive decisions initially to have travel restrictions in the number of areas of screening in airports. The most important is to get the Public Health and get the recognition and isolation contacts. The fact that we know how to test allowed us to do that a lot more effectively if we do not have the test. We do have some areas where the Significant Community transmission now and we have seen that in seattle area and parts of california and were working hard with the local state and Health Department in those groups to continue to control this infection in the area and i think as the president said the secretary still has around 200 cases diagnosed in the United States. We will see more cases because were getting more diagnostics. But i would say again as i said before at the present time the risk to the American Public remains low. We will concentrate on the communities that are fighting the battle like the state of washington, some of you are there the other day when we were out there. The cdc had problems of the test in the Health Officials never had to request the test and you had strict guidelines of people were coming and say they could not get the test and it caused dozens of people. We learn shortly after we distributed the first batch of the test that there was an issue with one component of the test. So we quickly put together a team to figure out what the issue was when we suggested people not test until we can sort that out. What we have are three different signatures that we test for. We have been working with fda colleagues and identified that two of those were sufficient to have a positive test. We moved forward with testing with just the two signatures. This is something that could easily happen that were just starting from scratch, the sequence information and building a test rather rapidly we did smallscale testing because our goal was to get it out to the Public Health lab as quickly as possible. [inaudible question] we started with our test the same time as germans and others in italian groups that work to w. H. O. When developing their test, no one could start until the sequence information was made available. [inaudible question] id like to make one thing clear, when this test was developed in very rapid time, it was first offered at cdc and all the Public Health labs in this nation used cdc with any disease coming and we can help them understand that this new pathogen is that individual. That was available as soon as her test was approved by the fda, not a faulty test, very accurate test but the challenge was you had to send the sample to cdc and its the same test we use today, no state lab never had access, they had the ability to send it here. [inaudible question] they had to send it here because thats where we started. Then we develop the test to expand and in the manufacturing and after that we sent it to the state to see if they can verify if it worked. We found in some of the state that did not work. We figured out why, i dont consider that a fault. I consider that doing quality control. I consider that success to making sure it was going to perform at the same efficiency and performed here. Now its all performing. [inaudible question] is performing very well and it has been performing. In fact she said two of the three and in fact you could have one of the three so two of the three is not performing perfectly. Can you explain on the testing criteria how that compares to china and International Standards . Early on and when we submit our test to the fda for authorization we have to clarify what conditions that need to be tested. As the beginning we wanted to be clear that all the cases at the time were associated were the areas for other things like that. So the criteria in the package insert were strict about who can be tested because we did not want just a lot of people with compatible symptoms who had no history of exposure to be tested. But as stated, there was never a time when a Public Health official contacted cdc for testing and it was not done even if they did not meet the definition. Even china had a geographic travel restriction on who they covered. And they were at the epicenter. From the very beginning there were only testing people who had direct contact in wuhan. [inaudible question] we have been diagnosing cases from the beginning link to travel. Associated with very aggressive Public Health measures that you might find one confirmed case and you might evaluate another 300 people the only context initially beginning that we found were two spouses who came back from wuhan and all the other contacts were negative. Over time when the state of washington sent a sample from an individual they made the first diagnosis and the individual was also an air traveler. But clearly as they continue to diagnose we found people that had no risk of travel. This is what we call Community Spread, we do have Community Spread and we are continuing to look and enhancing our surveillance and blending for the coronavirus into the surveillance system. But at this point we have isolated a number of clusters but its not as if we have multiple and hundreds and hundreds around the state. I think people are sick but they dont go to the hospital and theyre not very sick that could be of the virus but you have a lot of people not going to the hospitals, so we are not seeing those people and if we did see those people they get better, they dont see a doctor or hospital and they have a problem in the sniffle or a cold and symptoms but over a period of time or longer period of timd all of a sudden your company to a much lower category in terms of risk. I think a lot of people are not going to doctors and a lot of people are not going to hospitals so you are not seeing those people. You would not have seen them but actually to date doctor fauci published a revised estimate with it consist of what the president is saying the wh no numbers are just a math problem, many people died and many people were diagnosed, if you extrapolate to the number of diagnosed to how many likely cases that never came to the doctor or hospital or got tested, doctor fauci paper said he think this less than 1 which is word for word which is what you are saying. From last friday to today youve gone from 57 or 59 cases to 200 and even if you have not had the testing even more than that. So now were getting the testing, dont you think its likely theres a lot more people who are going to come and be sick. Connell you been watching live coverage from the cdc President Trump and a number of officials in our coverage will continue on fox business. Melissa thats right have a great weekend bulls bears the president making remarks as he tours the cdc with the cdc director and other officials. Hes been aggressively using this to look at all of the times to see the nursing homes, a lot of inspections and tragically, they are all in our prayers. I just want to assure the American Public we are enhancing our surveillance, the entire public safety, we will have eyes on this