Dr. Anthony fauci saying the 100,000rus could claim 200,000 american lives. I want to take a dive on what happened in the markets today. We will bring in our whatd you miss . Cohost romaine bostick. Talk us through the upward move today. The market is trying to front run any rebound not only in economics but with regards to the health issues. We saw the price into the market over those three days last week. The rally resuming today. They, primarily a lot of health care names, medical supply Companies Like cardinal , as didnd mckesson Consumer Staples names like mccormick, the spice maker. Interesting story in the tech space. The idea that a lot of things largecap tech names offering the yield play that you will not get out of the traditional drivers. When you have 10 year yields that continue to hover below 1 , dividend yields on these largecap tech names. Balanced cash sheet. You start to get this kind of optimism. Some of these secondtier companies. Autodesk rising 10 . Other softwar
Be critical of several governors for their handles of the response by state government, i think not doing so out of partisan motivation, but to remind some of those governors they are playing politics, several of them, that a little modesty is in order in midst of this crisis it critically required as a 7 thei a senser own struggles to contend with this crisis, no one has budget n perfect, Everyone Needs to do their best, Party Politics needs to end. The president , and his administration are throwing everything they can at response effort, yes, they have made mistakes but they have also done much, extending distancing guideline to april 30, and guideline to article 30, he had hoped symbolic day of Easter Sunday might mark the beginning of america returning to normalcy. Returning to work. But the president is now being advises that the peak of contagion may arrive at precisely that moment. Were doing a lot of things, we dont to do it too soon. You know were thinking that around easter
For their handles of the response by state government, i think not doing so out of partisan motivation, but to remind some of those governors they are playing politics, several of them, that a little modesty is in order in midst of this crisis it critically required as a 7 thei a senser own struggles to contend with this crisis, no one has budget n perfect, Everyone Needs to do their best, Party Politics needs to end. The president , and his administration are throwing everything they can at response effort, yes, they have made mistakes but they have also done much, extending distancing guideline to april 30, and guideline to article 30, he had hoped symbolic day of Easter Sunday might mark the beginning of america returning to normalcy. Returning to work. But the president is now being advises that the peak of contagion may arrive at precisely that moment. Were doing a lot of things, we dont to do it too soon. You know were thinking that around easter that will be your spike that will
During the hearing, she discussed infrastructure projects, highway and rail safety, investment into the theons ports, and discretionary Grant Programs that address the needs of rural and urban areas. Rep. Price the subcommittee will come to order. Good morning. Im pleased to kick off our subcommittee hearing season for this and other subcommittees by examining the fiscal year 2021 budget request for the department of transportation. Secretary chao, welcome back and thank you for joining us. Glad to have you here. Infrastructure serves as the foundation for our economy and our quality of life. It facilitates the flow of goods and services, connects people to employment and educational opportunities, and plays a significant role in our nations overall welfare. Theres no question our country requires a massive infusion of investment to repair deficient bridges, restore transit systems to a state of good repair, improve our ports, and build new runways for our airports. We must also make f
Up, this is not the time for excuses. He continued, this is the time to pull out all stops. Elizabeth warren has dropped president ial race. She spoke to reporters a short time ago. I will not be running for president in 2020. Lets take a deep breath and spend some time on that. We dont have to decide. Mark senator warren never placed higher than third in any primary contest. Contests inning any the super tuesday primary, she had virtually no path to winning the nomination. A setback today for angela netanyahu. The final results from the election have confirmed he has again fallen short of a parliamentary majority with his allies. The results signal further political deadlock. Mondays election was the countrys third in less than a year. Previous elections also ended in deadlock. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg World Headqua