You. Lauren you know what . There is a lot going on today, wall street, bottom line, connell is reacting to the reality march is prequel for april and the numbers will get worse. Lets start this morning, retail sales last month, they plummeted the most on record even though stores were actually open in the first half of the month. The National Retail federation expecting more than six million jobs lost. Look at some reaction. Jcpenney now exploring bankruptcy. Best buy furloughing 51,000 workers even as online sales and Curbside Pickup surge there. Amazon up 1 , hitting another record high. This is a sign of the times. Shoppers continue to get what they need from the comfort of their couches. Also wanted to show you guys oil prices. They hit an 18year low. People around the world stay home. Theyre not driving. Oil inventories rising by the most ever last week. Take a look at this. March Industrial Production fell the most since 1946. Measure of factory activity in the epicenter of coro
Teleconference. The white house woking on new guidelines with those governors to put restart plans into operation. The cdc and fema reportedly coming up with recommendations. Advising states to come out of mitigation in a controlled way with robust Monitoring Systems in place to contain new cases and outbreaks. Adding leaders at all levels will need to prepare communities for occasionally returning to mitigation measures for a brief period to continue containing the disease. President trump is suggesting some states that are the least hard hit may be able to reopen by the end of the month and some perhaps sooner. President trump it will be very, very close maybe even before the date of may 1. So that will be for some states. Actually there are over 20 that are in extremely good shape. And we think well be able to get them open fairly quickly. Others will follow. The federal government will be watching them closely. And well be there to help. Lou the deadly wuhan virus that shut down mu