This is boom box the one business show you cant afford to miss more in washington coming up there with. The hard way that is not a luxury item. As some nations have begun to reopen their economies a surge in cope and 19 cases has followed we take a spin around the globe and see which hotspots are seeing a coronavirus comeback plus we analyze how markets have reacted in the wake of the outbreak but could there be a darker horizon ahead and later the u. S. Is no stranger to surging gun sales but how much of the pain demick driven the sector we have so much to get to so lets dive right in. There. And we lead the program with renewed concerns about a 2nd wave of corona virus infections as the World Health Organization reported a Record Number of new cases sunday. Yesterday more than 183000 new cases of quoted were reported to w 2 is really the most you know a single day so far. More than 8800000 cases 7 now been reported to joe and more than 465000 people have lost their lives some countri
I am max kaiser the best as they kaiser report. You know weve got so much to cover so little time but wrong going to get it done we will we will with the help of the core just the genius the one and only stacy yes you know here in kaiser max kaiser over here actually he has his twitter account back twitter dot com for slash max kaiser is taken of 9 months but the people over at swan dot com helped us to re secure it so we have max kaisers twitter handle back i do want to say that there have been many many people out there sending you know pretending to be max keiser and sending d. M. s to people if max keiser d. M. Z. Its not max kaiser and said its a and posture but there are people imitating max as well in the main stream Financial Press and that is c. M. B c looking at the data out this week about the cantillon effect essentially what weve been talking about here and report for quite a long time but a lot of data is out about the wealth and income gap and the inequality that has hap
A similar loss on the s p. Big loss on the nasdaq composite. Why the nasdaq down so much . Well, just look at this. Big tech being taken to the cleaners this morning. Start with apple. Look at that. Its still a trillion dollar company, way down this morning after its Financial Report late yesterday. Ive got more on all this. Amazon, huge drop, down 120. They are plowing their profit into coping with the virus. Microsoft, not much impact from the virus but its caught in the downdraft. Microsoft is down nearly 2 , 3. 46. Next case, the political news. Topping that this morning is joe biden. He has denied a Sexual Assault allegation. He says quote, this never happened. Ive got more on that in a moment, too. Got a big weekend coming up. Texas opens up a lot of businesses. Who will go to the store, the barbershop, the restaurant . Thats going to be a pretty good indicator of the urge to get out of the house. In california, the governor has relocked down the beaches. How will that go down .
Secretary of state lands in senegal as the white house tries to convince african countries to take sides in a trade war between the u. S. And china. In china adults as a reporting a slowdown in the number of new cases of coronavirus for the 3rd successive day but the World Health Organization says its impossible to predict which direction the epidemic will take 142 deaths were reported on sunday along with 2000 more infections most of those in the who bay province where the outbreak was 1st reported to dissemble weald wide 1061669 have died of the disease they include an elderly chinese tourist in france the 1st fatality in europe and taiwan has also recorded its 1st death from the virus in hong kong theres anger over a government decision to open treatment clinics in densely packed areas residents say they want consulted and that the clinics may threaten the health. But in Mainland China this controversy over reports the president xi jinping and top leaders knew about the threat of th
[inaudible conversations] the committee on Health Education and labor and pensions will come to order. Senator murray has an important meeting right now and she is asked me too proceed with the hearing because we have six excellent witnesses and we want to make sure we hear from each of you and we want the senators to has questions of each of you. So patty should arrive at about ten. When she comes we will interrupt and let her make her Opening Statement and we will resume the hearing. Good morning senator murphy. Nearly a year ago doctor brent james from the National Academy testify before Senate Health committee with a startling statistic up to one half of the American People spend on healthcare may be unnecessary. Let me repeat that, up to half of the 3. 5 trillion, the United States collectively spent on healthcare in 2017 was unnecessary according to doctor james and many of the other witnesses at our hearings agreed with that. That is 1. 8 trillion, three times as much as we spen