In 2007 and 2008. There are significant signs up. Ting to show european stocks pushing down towards session lows, 2. 1 . Seem to be a lack of belief, the policymakers at this the rightputting tools to work. Whether that changes today or tomorrow. Well wait and see. Is building. Alix steve, well get to the in a second. T uninvestable . Its hard to if you thinking about trading them for the next three weeks, thats probably not a good idea. Are very volt volatile now. Easily go lower. What were right to remind get 30 when you downdrafts in markets, which is where we are now, it never been sell. Ime to its been good if youre brave. The liquidityave to do that and you dont have the temperament to handle possibly another decline on threeyear view, its going to be a very good place to be. Its just not a good time to my best advice for people now is hold on. Were in a rocky time here. When the vix index get this this really once back in 2008 and 2009. Rampant, the thing is government has the a
He is going to the cdc. Well talk about the tornado response in a moment. The big Economic News out of the white house though is the shift in approach when it comes to the virus. Tell us about that. Indeed. It came from the top economic advisor. Every month he does these roundrobin interviews with all the financial networks. Kudlow wanted it to be absolutely Crystal Clear with anyone who would listen to him that right now the Trump Administration is considering some economic measures in response to the coronavirus. This is a bit of a 180 especially here. Kudlow also made it clear this wouldnt be some sort of big money dump to the tune of hundreds of billions of dollars. We are not looking at big expensive macro cash rebates, helicopter money from the sky that never works. We want to have this targeted in a timely fashion for those areas that have been hit the worst. You hear him talking about targeted and timely. Ive heard him use that phrase at least a dozen times. He said this is sti
How should Drug Companies handle the coronavirus pandemic pharmaceutical firms rushing to find a vaccine could potentially make billions of dollars. What was be done to ensure they dont put profit before saving lives this is inside story. Hello and welcome to the program im Maryanne Demasi scientists around the world on our racing to find a vaccine and a cure for the coronavirus governments are pledging millions of dollars of taxpayers money for research in both public and private funds the Global Vaccine Market is estimated to be worth nearly 60000000000. 00 annually pharmaceutical companies have been criticized in the past for being too slow in combating diseases like saws and it botha and charging high prices for new drug treatments the president of the European Commission hopes of vaccine will be available vote later this year. In addition we are accelerating research yesterday i spoke to the managers of an innovative European Research company they work on a Promising Technology to
Is a crisis for democracy is a crisis of concentration the bottom line. How should Drug Companies handle the coronavirus pandemic pharmaceutical firms rushing to find a vaccine could potentially make billions of dollars. What was be done to ensure they dont put profit before saving lives this is inside story. Hello and welcome to the program im Maryanne Demasi scientists around the world on our racing to find a vaccine and a cure for the corona virus governments are pledging millions of dollars of taxpayers money for research in both public and private funds the Global Vaccine Market is estimated to be worth nearly 60000000000. 00 annually pharmaceutical companies have been criticized in the past for being too slow in combating diseases like saws and it botha and charging high prices for a new drug treatments the president of the European Commission hopes of vaccine will be available vote later this year. In addition we are accelerating research yesterday i spoke to the managers of an
Gaze portfolios were slammed but perhaps good news, bonds rose. Maybe the bond market may be suggesting worst of the selling may be over . Well find out meantime the banks despite the yields, battered, even as top ceos wrap their meeting with President Trump at white house, well get more on that in minutes. Perhaps the biggest shock is boeing shares down another 18 today. Boeing, really one of the bluest of the blue chips, now has lost half its value in just six months time. Well dive into why. Joining us to walk through all of this, karen, dan, tim and guy. Welcome everybody. Another big night, difficult night for a lot of people out there. Pension funds, state pension funds, companies guy the question to you and everybody on the panel and lot of viewers what may not be market pros, tuning into cnbc first time, do you sell now if you own stocks, ride it out . See any sign of a stock market bottom maybe the bond yields when let us down in s p, maybe rising a little bit will lead the s