Global supplies, chip supplies rather to huawei, this as taiwans Semiconductor Announces plans to build a plant in arizona. China sending signals in retaliation that has this market on edge. Is it a bluff . We will get the read from michael pillsbury. Also, Human Behaviors on a crash course with social distancing. I will explain why. All that and so much more on making money. Now in the green. The cp effect has started. Welcome back. Its been another eventful week for the market. One of the things were seeing is caught of tugofwar between commentary and observation versus realtime news and anecdotes. The financials got crushed on wednesday, after the Federal Reserve chairman powell offered a dire warning about the economy, more specifically the american consumer. Credit Card Companies were especially slammed. But then after the close on wednesday, mastercard updated its operating metrics. They show a sharp improvement year over year transactions. Every single week for the past four wee
Just days after he had imposed a ban on flights from china he also appeared to echo allegations that the organization rely too heavily on information from china during the initial phase of the outbreak they called it wrong they call it wrong they really they missed a call they could have called it months earlier they would have known and they should have known and they probably did know so well be looking into that very carefully and were going to put a hold on money spent to the w h o were going to put a very powerful hold on it and were going to see its a great thing if it works but when they call every shot wrong thats not good. The ban on flights from china was one of the recommendations the president s economic adviser made in a memorandum sent to the National Security council at the end of february peter numbers are also warned that as many as 600000 americans could lose their lives navarro sent a 2nd memorandum a month later and this time he included the president on the distrib
Told that Boris Johnson is still continuing to leave the country but if things get much worse then it will be dominic rob the foreign secretary will step in to take over also in the u. K. Britains Queen Elizabeth made a rare address to the nation the 93 year old monarch urged people to remain united and resolute to overcome the virus john hall has a story 2 weeks into the u. K. s lockdown and deserted city scenes are testament to a new way of life most people staying home for as long as science and the government decide they must also on lockdown in Windsor Castle her residence outside london the queen 93 years old reminded britains that this crisis too would pass we should take comfort that while we may have more still to endure better days will return. We will be with our friends again we will be with their families again we will meet again but the government is worried about isolation for tea and a minority of people embracing the warm spring weather to picnic and sunbathe in the pa
Thank you, guys. Okay. Alex gorsky from j j, appreciate it well be back tomorrow cnbcs special coverage continues right now. Good monday morning welcome to squawk on the street, im Carl Quintanilla with jim cramer and david faber. Coming to you live from separate locations even on set as we practice social distancing futures are stable to start the week as the president extends those social distancing guidelines to april 30th j j, as you just heard, announcing a lead candidate for a covid19 vaccine a lot of people were astonished that the futures, just at the moment when the president said, look, we have to extend things. Take away that april 12th deadline, it will go all april at the very moment we saw the futures start reversing. I think this is a day, dont know how much more, a day where science trumps the pain and the disaster frankly that is covid there have been many, many days weve come in and science has been playing catch up game today it sounds like science is on target. List
Government decide they must also on lockdown in Windsor Castle her residence outside london the queen 93 years old reminding britons in a rare televised address of previous sacrifices and times of crisis i hope in the years to come everyone will be able to take pride in how they responded to this challenge and those who come after us will say the britons of this generation were as strong as any that the attributes of selfdiscipline of quad good humored result of and a fellow feeling still characterize this country but the government is worried about isolation fatigue and a minority of people embracing the warm spring weather to picnic and sunbathe in the parks on prominent and beaches the more people follow the rules then the faster we will all be through it. So i say this to this small minority of people who are breaking the rules or pushing the boundaries youre risking your own life and the lives of others and youre making it harder for. Banning all this the ability to go outside to