Dr. Mcclellan, good morning. Clubs thank you for setting this up and all the reporters who are joining us today. Thank you for being with us. We will get started. You coauthored a Coronavirus Response plan. Right now were in phase one, the containment phase and reopening states is based 2. What elements of state got to have in place to begin that safely . We are moving from phase 1 to face 2 and i think now people are saying that phase two bank is not just one big step toward reopening. In some sense that is probably the long time. Youre not back opening for the way things were before. Instead, we are saying maybe a c, d, and e as we gradually turn on the faucet. Enable some additional businesses to reopen under modified conditions, get in place some of the additional steps that are needed for successfully. Ork that includes several key dimensions. One is a Health Care System that is not under duress. So adequate capacity for potential further resurgence in the virus and also adequate
They come. Checking out the 10year, weve been around the same level yesterday we were at 0. 75 this morning, it looks like the 10year is yielding. 69 saying the Global Oil Demand will fall by 9. 3 billion a day erasing almost a decade of growth down about 2. 25 baushing it back to 19. 65 a barrel dr. Scott gottlieb, chairman of cbs health, fanatics executive chair. Chief Investment Officer and more coming up in the next three hours. Joe . Becky, you remember United Health care is a dow component we always say, thats right. Thats right you notice the dow is down around 370 or so maybe repairing partly due to United Health care the Company Reported an adjusted 3. 72 for the First Quarter. Nine cents above estimates the company said it is keeping its prior 2020 full year guidance said it would continue to evaluate the ongoing impact. You can see up about five points or so. Ee quaids to the improvements we see. Well hear from bank america and other companies. We are in earnings season now.
Mcclellan. A physician and economist. He works on strategies and policy reforms to improve health care. As previously [lost audio] commissioner of the u. S. Fda. Good morning. In some sense, that is the wrong time. We are not opening back up to the way things were before. 2a, b, ceing a phase with some steps forward and some steps back along the way. Enable some businesses to reopen under modified conditions. That includes several key dimensions including a Health Care System that is not under duress. For potentiality further surges in the virus and also adequate capacity to provide cradle critical services. Isond key dimension responses by businesses. We are all in this together with the virus still around us. , it willsses reopen not be under the same circumstances as before. You will hopefully see a lot of steps like we have seen in Grocery Stores and other essential businesses. Distancing, additional cleaning and disinfection, practices among employees to make sure but are potentia
Interesting or not is that it is a reflection of the number of tests weve had. 36 testing positive is slightly higher but that is the number that goes up and down. We will talk about why that may not be the best indicator of what is going on. I think of real interest to me is i look at hospitalization, you see 79 people hospitalized. That is the number that is not that is going up not exponentially but going up on a linear basis, which i think is good news. 17 fatalities is never good news. But again, it is a number that is not going up exponentially. What that means is it gives us capacity to plan and this is following what our modeling has been. And i start with our Health Care System. Our Health Care System is bending but it is not breaking. And that is because we did build in capacity in terms of everything we are trying to do, and that capacity as i have described in terms of other briefings, in terms of the beds, in terms of people, in terms of icu, we are planning accordingly fo
Instructed the u. S. Navy to shoot down and destroy iranian gun boats if they harass or ships at sea obviously thats a policy, thats going to make it so that anyone who is short oil theres so many people short oil, might say its worth covering here. I had a big win. Its geopolitical, the fact theres a failed instrument out there called the uso, i say its failed because its not been able to handle the selling yeah. Executing a 1 for 8 reverse. Are they really we talked about the usa more th than we ever have. Some things should have never been created, the uso was blessed when the s. E. C. Not around, people lose money, but theres no constituency that says you cant lose money. What do you make of the general notion that the president s tweet aside that some of the results last night were better than feared. You have a list of companies now that have been able to either sell a stake privately or through secondaries and well get to that in a moment. Plus the Senate Package making progress