Middle of may. The key question is why should Americans Care about it because it will rebound right back if it fails this weekend. Jonathan what is failure this weekend . What is success . Will they kick the can european style, or will we see progress . Lisa theres less than a 50 chance there will be a deal agreed upon, something we are watching. 8 30 am, u. S. Housing starts and building permits. Got Mortgage Rates under 3 at record lows. P. M. , former fed chair janet yellen and ben bernanke testifying before congress, signing a letter alongside 28 other economists urging more fiscal support, piggybacking on what a lot of people are saying. Tomorrow, that meeting in brussels wraps up. It is believed to be the biggest meeting of World Leaders since the pandemic started. They are taking measures such as opening bathroom doors with their elbows to avoid spreading the virus. Jonathan why dont they just do it with their feet . Tom this is really important. The Prime Minister of the United
Now now the selloff [ applause ] wasnt due entirely to coronavirus. It was also due in large part to war over oil prices launched by saudi arabia still, a l o understandably worried and while theres no reason to panic, governments across the world are taking extreme measures to mitigate the outbreak over the weekend, italy put millions of people on lockdown in regions hit hardest by the outbreak where people were rushing to catch the last trains leaving milan before the lockdown took effect officials in italy putting 16 Million People on lockdown. Now, thats a quarter of a countrys population video shows people rushing to catch the last train as it left northern italy seth this is what italians look like when theyre rushing [ laughter ] obviously [ cheers and applause i mean, obviously in italy, to run for a train is a fate worse than death [ laughter ] im shocked they didnt have cigarettes in one hand and aperol spritzes in the other i mean, if youve ever been to italy, you know that
Continues on a global scale. A worldwide their market, the 11 year bull run here is over. The dow is heading to the 22,000 level. A month ago it was 29,000. It is the fastest selloff in history. The s p will hit bear market territory at the open today, down 20 from the february high, the same story with the nasdaq. More money is still moving into safe treasury securities pushing the yield down to 0. 69 as of right now. The latest news on the virus brings its impact home to all of us. Sport dramatically affected. The nba has suspended the season indefinitely. A few days ago they banned reporters from locker rooms. Now the whole sport is shutdown. The Seattle Mariners will not be playing any home games. The early baseball season is in question. There will be an announcement later on the nhl. Social distancing is apparent across the country. You can see it and businesses are feeling it. Theres a long list of conference and meeting cancellations that is barely hurting airlines, hotels and
The stock market today suffered its worst day since 2008, while great person trump suffered his worst day he was at m. I. T. He taught at m. I. T. For, i think, a Record Number of years. He was a great super genius, since, i dont know, yesterday [ laughter ] dr. John trump i like this stuff. President Trumps White House i really get it. Social media director, this people are surprised that i weekend, shared a video of understand it. Former Vice President joe biden every one of these doctors said, that was edited so it appeared how do you know so much about this . Biden was saying, we can only maybe i have a natural ability maybe i should have done that reelect donald trump. Instead of running for president. They doctored a video to make seth yes yes, you should have joe biden look bad [ applause ] [ laughter ] you should have applied to that is so unnecessary medical school i mean, for real, here is how and you should have filmed the reactions of the faculty of that here is how he star
That was off the record. [laughter] i think we will get started. Thest want to thank American Political Science Association and sees in for foriding and cspan providing a broader environment for what is clearly a very important and relevant topic in 2019. That being this roundtable on the tropic of the Trump White House and the White House Press corps. Cohen. Is dave i am a professor of Political Science an actual professor of Political Science at the university of akron. Im an assistant director of applied politics. Im also a board member of the been press club and have over a decade. And im a member of the white house transition project, which for those who dont know, it is a nonpartisan effort to provide by presidency scholars to provide information on president ial transitions and white house operations to those who are transitioning into the white house. Its a very Important Organization that happened to be one of the founders of that organization is martha kumar, who i am happy t