Effect of thec coronavirus. Well take your calls and you can join on facebook and twitter. Is next. State, and local response to the covid19 coronavirus ramped up over the weekend. Last night, the two leading president ial candidates faced off in a debate dominated by of the virus. We will spend the first 90 minutes, hour and a half talking about those developments, the response to the coronavirus, your thoughts on what you are theing and reaction to debate between joe biden and walk Bernie Sanders. Lines for democrat, 2027488000. Epublican, 2027488001 independents and others, 2027488002. Texts as well, 2027488003. Tell us your name and where you are texting from. On twitter we are cspanwj and it is facebook. Com cspan. Copingted in how you are with the restrictions and the measures in place or coming in place across the country and states. We will have to hear your thoughts on that and about the debate last night, what you hear from the candidates in particular on coronavirus and othe
The idea was to inject liquidity into the market. Apparently the mark did not the market did not react positively. The liquiditynow problem may not be the main issue. I am pretty sure it is not the main issue. Later that might be needed. Right now, it is too soon. When you sell a liquidity problem, what does that mean . It means injecting enough capital into the economy so people will continue doing , theyss and have needs have access to do so. In response to your comment, this is the wall street journal just a few minutes ago. Stocks and bonds, yields comment aftereffects is the right. The center for American Progress, was going to settle is going to what settle investors . We dont know the medical nature of this virus. What will the government do about this . Once we are more clear about this i think we all will figure out a way to carry on with life in a normal way. Are there lessons to be learned from how congress and the federal government responded to the financial crisis of 2008
American adult to receive 1000 to help with the economic effects of the virus. Reads,ators statement in addition to the 1000, the senator is proposing grant for Small Businesses, changes to the pell grant program, and student loan payment deferments. We will be getting a live briefing from the White House Coronavirus task force now scheduled for 3 15 p. M. Eastern time. We will bring that to you live on cspan when it happens. Its easy to follow the federal response to the coronavirus outbreak at cspan. Org coronavirus. Watch briefings and hearings with Public Health specialists anytime, unfiltered, at cspan. Org coronavirus. Cspan, your unfiltered view of government, created by cable in 1979 and brought to you today by your television provider. Host we are joined by two economists. Veronique de rugy from george mason university. And Andres Vinelli from the center for american progress, i want to ask you both, i will start with you, first the move by the Federal Reserve yesterday to low
Average volume for the last 30 days. That is pretty much the scene all around the world. Of course, we saw some selling overnight. Caroline even with dollar weakness. Joe also, of course, it will be interesting to see what the bond market does tomorrow. Tooline lets track out abigail. Abigail stocks might not be doing much here in the u. S. But where we did have some action, the british pound against the dollar. Its best day in about a month on hopes that a brexit deal will get done. Lets put this in the context of a longterm chart we have not looked at for a while. This goes back all the way to 1970 at the high, closer to 260 at the lows. In 2009 orhigh, back so, above two dollars. Of course, over the last few years, fears that a hard brexit would happen, we see it going down to 1. 20. This pattern happens as the bulls are stepping up. Gocould possibly see it toward the middle of that, 1. 44. All of this may just suggest that some of the big dollar bears out there could be right becau
Good afternoon everyone. Happy thursday. A couple things and then we will get to our guests. A lot of fun happening today. First Lady Jill Biden is traveling to the United Kingdom to attend the coronation of his majesty king charles the third in her majesty Queen Camilla on tap of the United States. The u. S. And the United Kingdom are close allies and strong partners with enduring ties between our countries and people. The first ladys honor to represent the United States for this historic moment. In addition to attending the coronation in participating in court nation activities the first lady will also meet with the spouse of Prime Minister. She will join the Prime Minister and mrs. Marte for their coronation and lunch. Her full schedule was released by the first ladys office early this morning. I also want to share this morning President Biden with what comes his nominee for president of the world bank. To the white house to congratulate him on his resounding selection to lead the b