Could you suggest which specific areas of the country could have guidelines relaxed . Trump i think there will all Start Talking about that in a few minutes, tony will talk about it, but cant say lets close. People dont want to close. I say it again and again. The reason i do is that i want you to report it eventually. Reporter when you talk to president xi tonight, what do you want to talk to him about . President trump it is his call. I think we will have a beautiful call. It is tonight at 9 00. We will be talking about the virus. Reporter the market rally again, up over 4000 points in the last three days, largest increase since 1931. The Economic Activity has passed . President trump no, it has not passed but it has come along way. They think we are doing a really good job in terms of running this whole situation in terms of the virus. I think they feel that the administration, myself and the administration, are doing a good being very important in keeping people informed, because t
Before rebounding to finish up almost 5 , recouping half of the losses from mondays 2,000 point selloff. Jim, remember when we couldnt get a 1 move la last 12 sessions, s p moved 3. 5. The market feels broken to me not a lot of liquidity many things happening at night youll see the Interest Rates go down at night. Then suddenly the s p is having a nightly session. We have to play by that tune i get it theres i want to say theres not panic. People want to get out if there were people, you would see endless downing endless down you could say buyers will come in i was listening to jim paulson before, he sees a lot that he would like i dont. You dont no. I like utilities i like the drug companies, i like the highest growth tech, teledoc. The rest sell to you people are buying Royal Caribbean right here as if its like a buying opportunity. A lot of people using the term buying opportunity, b. O. , for things no. No, to b. O. As you might expect, people are focusing on the credit markets and
Its a good discussion for you guys to pick up. Be well, thank you very much. Welcome, everybody, to an important show tonight im Brian Sullivan the Virus Outbreak rattling nerves thats a live look outside thes that zach. Normally at is this time, times square would be packed with tourists, theater goers, commuters right now it is eerily quiet. The president saying the virus could stick around until late summer the impact being felt from main street to wall street. The dow ending the day down roughly 13 . An incredible 3,000 point drop by far, the biggest point drop ever apple down 12 microsoft lost 14 today every s p 500 sector finished deep in the red, perhaps the most incredible move of all, bogue down 23 pshs, to 129. Boeing was a nearly 400 stock just a few months ago. The selloff comes despite unprecedented action for the Federal Reserve, which did little to ease peoples concerns we have full Team Coverage for you tonight. Lets kick things off with bob pisani, who again is on the
Of their earnings. The traders take their positions. Home depot shares are up 10 in 2020. The stock just got a new street high target. It is our call of the day. Plus eight stocks wall street loves on this valentines day, all with double dugt upside from here. The Investment Committee is ready to go. Halftime report starts right now. And it is good to have you with us here on this friday. Your Investment Committee today is jim lebenthal, josh brown, stephen weiss, and shannon saccocia, chief Investment Officer at Boston Private Wealth shannon, welcome good to see you back thank you all right [ telephone ripping is that the president good start. Who do you think we are scott is not here for one day, this guy is talking calls on the set it is probably wapner. Cut his mic stocks are on track for a second week of gains the dow up 1 this week, the s p up more than that. The nasdaq up about 2 this week the nasdaq 100 by the way up 10 this year. Stocks remain on pace to post their best monthl
Good afternoon, everyone. Good afternoon everyone, welcome to the National League both cities, its a pleasure to have you and what we call city hall away from your city, town or village in america. The National League of cities is an organization that represents 19,000 city, towns and for being here because were releasing the 34th annual city fiscal conditions report. Each person in this room is here for a reason. Youre interested in what is happening in cities all over america. Perhaps you enjoy digging into data and understanding the fiscal nature of the data on our communities. You really want to hear about the pressures city leaders face every day in balancing their budget, dealing with issues, the various policy issues and the federal impact on those issues. Or you just want to make sure that youre in the right place at the right time dealing with and learning about what america will be dealing with as it relates to the fiscal impact of our economy. For all of these reasons at its