Vonnie the nasdaq its office lows. Is off its the s p 500 down 2. 5 . The worst performer right now is pvh, performing pretty poorly, down about 15 . Many of the Energy Companies are lower, as well. Y runhas been such a whipp for them. Netflix is the best performer today, holding onto games of 4 plus. After the dismal Economic Data which we were anticipating, but still a sticker shock, the 10 year yield is at 65 basis points. I want to point out, ray dalio said a moment to on Bloomberg Television you would be crazy to own bonds. Go back and have a look at that interview if you want to hear more. The vix a little more elevated once again today. Guy lets get some more insight into what is happening on these markets. We are joined on the phone by graham secker, Morgan Stanley equities strategist. Equity markets a little whippy, as vonnie said. How do you see the riskreward right now . Graham good afternoon. From a european standpoint, we dont really like the riskreward here. We thought it
We continue to send our prayers to the people of new york and new jersey and to our whole country. New york and new jersey are very hot zones and we are with them and we are with everybody. Your struggle is our struggle and we will beat this virus. We will beat it together. I want to send best wishes to a very good friend of mine and affront to our nation, Prime Minister and a friend to our nation, Prime Minister Boris Johnson. He was taken into intensive care this afternoon. Hisicans are praying for recovery. He has been a really good friend, something very special. Strong, resolute, does not quit, does not give up. We have made tremendous progress on therapeutics. I had a fantastic call today. I have asked two of the leading companies, these are brilliant aids, others,la, they have come with the solutions and have done incredible jobs and i have asked them to Contact London immediately. They have offices in london. I had a talk with four of them today. They speak a language most peop
Amgen, genentech, gilead, regeneron, four of the greatest in the world for doing exactly what theyre doing. And currently 10 different therapeutic agents are in active trials an some are looking incredibly successful we have to go through a process. It will be a fairly quick process, i tell you based on what the fda told me. 15 are in plans for clinical trials. Theyre advancing rapidly. A Second Company announced that the fda authorized it is vaccine candidate to begin clinical trials. Johnson johnson is already there. I believe theyre the one thats first and now we have a Second Company that Just Announced and we were just, was just approved. So we have two companies at that level, for the vaccine itself. We have you no performed 100, well, if you think of this, 1. 79 million tests. That is one million, 790,000 tests nationwide. I think were going to put up a screen here someplace that theyre on cue, just on cue. And here it is. This is the process starting on 5 march and ending right
Regeneron, four of the greatest in the world for doing exactly what theyre doing. And currently 10 different therapeutic agents are in active trials an some are looking incredibly successful we have to go through a process. It will be a fairly quick process, i tell you based on what the fda told me. 15 are in plans for clinical trials. Theyre advancing rapidly. A Second Company announced that the fda authorized it is vaccine candidate to begin clinical trials. Johnson johnson is already there. I believe theyre the one thats first and now we have a Second Company that Just Announced and we were just, was just approved. So we have two companies at that level, for the vaccine itself. We have you no performed 100, well, if you think of this, 1. 79 million tests. That is one million, 790,000 tests nationwide. I think were going to put up a screen here someplace that theyre on cue, just on cue. And here it is. This is the process starting on 5 march and ending right there, right about now, r
Regeneron, four of the greatest in the world for doing exactly what theyre doing. And currently 10 different therapeutic agents are in active trials an some are looking incredibly successful we have to go through a process. It will be a fairly quick process, i tell you based on what the fda told me. 15 are in plans for clinical trials. Theyre advancing rapidly. A Second Company announced that the fda authorized it is vaccine candidate to begin clinical trials. Johnson johnson is already there. I believe theyre the one thats first and now we have a Second Company that Just Announced and we were just, was just approved. So we have two companies at that level, for the vaccine itself. We have you no performed 100, well, if you think of this, 1. 79 million tests. That is one million, 790,000 tests nationwide. I think were going to put up a screen here someplace that theyre on cue, just on cue. And here it is. This is the process starting on 5 march and ending right there, right about now, r