Beautiful day in the rose garden. Appreciate everyone being here. I would like to provide an update on several actions we are taking in our effort to combat in defeat the coronavirus and did defeat the coronavirus. Progressade tremendous when you compared to other areas in the world. It is pretty incredible. A lot has to do with the early designation and closing of the borders. Designated att the hotspot and we closed that border a while ago. I dont know if it was through luck or talent, but through a collective action in determination, we will overcome the threat of the virus. Followingounced device of our medical professionals, we are doing a tremendous job and we are suspending the entry of foreign nationals who have been to europe in the last 14 days. ,itizens, permanent residents many of the families returning will be subject to extra screening. The World Health Organization confirmed today many of the things we said were wanted to ourent correct, including designation before them
Ladies and gentlemen, the president of the United States accompanied by the Vice President of the United States. Pres. Trump thank you very much , everyone. Thank you. Beautiful day in the rose garden. Appreciate everybody being here. I would like to provide an update to the American People on several decisive new actions we are taking in our vigilant effort to combat and ultimately defeat the coronavirus. We have been working very hard on this, we have made tremendous progress. When you compare what we have done to other areas of the world, it is pretty incredible. Thet of that had to do with early designation and closing of the borders. As you know, europe was just designated as a hot right now. And we closed that border while ago, so i was lucky, through talent or luck, call it whatever you want, but through a very collective action and shared sacrifice, national determination, we will overcome the threat of the virus. I announced wednesday night, following the advice of our medical
Coronavirus induced volatility plus quarterback buoyed by a string of super tuesday victories for the former Vice President. Is the contender for the democratic valuation former investor jeff ubben, never seen anything like this and says why it makes Value Investing impossible the fed announced a 0. 5 rate cut. Stocks looking to recoup most of yesterdays losses which includes a drop in the dow of 785 points jim, once that tenyear broke 1 , wow. Could you not take your eyes off of this price action look, i think that i was struck by the rate cuts. I didnt like jay powell you cant say listen, the fundamentalless as are sound bue need a gigantic rate cut that means the fundamentals arent sound i didnt know we were that bad off. People either way we are bad off or powell knows something and to see that you get a Biden Victory and maybe things bounce back a little is encouraging and mostly because its just about the tenyear the tenyear drops to 9. 8, then everything you see on your screen t
Cooperman joins us for the hour. The Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you with us on this tuesday. Our Investment Committee here today, josh brown, stephanie link also with us from boynton beach, florida, leon cooperman, we will get to the selloff in the market today, the fall off for apple first a story thats new at noon today. It is a new position position for David Teppers appaloosa intel sat is negotiate with the fcc. Tepper writing the governments proposal is quote manifestly unfair to the company in part because the terms are difficult to meet. Tepper projecting accepting the proposal would take on serious financial risk he wants a new agreement with the fcc or face the possibility of bankruptcy or litigation from shareholders i spoke with tepper. He said, quote, he want a smart agreement for all parties and this isnt smart for anybody you can see the stock there is a big mover today, up more than 17 . It has been a lose