49ers owner. Offering clemency to fallen financier. There were others, but is all of this a coming attraction for what and who could be next . Welcome everybody. Im happy to have you. I am neil cavuto. First all of the guys they broke all of this news on fox Business Today and the implications tod today. What we are hearing is that this is a softening up so to speak of the electorate of the news media for more pardons to come as those pardons that you tipped your hat to right then and there would be roger stone, his former advisor and longtime former advisor and general flynn. A lot of people in the know say those are the two on deck next. This is just him changing the news flow and getting people prepared. Its an Interesting Group that he will pardon today. He will make a case for each one of them. An exemplary life after leaving prison. A lot of people were suspected a lot of people said his initial prison deal was much ado about nothing. He did not do massive insider trading. He hel
Be more contagious that we thought. Which could explain why so many sought out safe havens like gold surging 27 bucks the ounce to a more than seven year high and bonds soaring in price and stumbling in yields that sunk to the lowest level we have seen in years. They are all what they call fear plays as the wall streets most telling fear gauge rocketed more than 40 . But, fear not, word from the white house that help is on the way. And for a president still half a globe away in india very much in tune with every development, were told. More on what the president is planning to address. But, first, with susan li in new york city and how folks are dealing with it and Jonathan Serrie in atlanta on the global fears that are mounting as we speak because of it. We begin with susan. Hi, susan. Neil, depending on how markets settle, we are looking at third biggest drop in the dow. Past 1,000. Also off the s p 500 possibly in the top three in terms of point losses and as you mentioned the fear
Stage of looking at plans that by early next week, well have virtually everyone in this country beginning the process of unwinding restrictions that have been in place, in some cases for upwards of two months. All of this as the president is with Top Republicans at camp david and the latest from the white house. Reporter neil, good morning to you President Trump at camp david meeting with republican members of congress including minority leader Kevin Mccarthy and a handful of advisors some of the topics on the agenda obviously coronavirus also that heros act that passed the house 208199 yesterday in the house of representative, and thats the final vote but it has too many provisions according to republicans and the senate not directly related to coronavirus relief. It is what some republicans over there are saying doa, dead on arrival. Yesterday afternoon in the rose garden the president launched operation warp speed, the goal, neil to get a sustainable vaccine to the American People i
Were doing a 180 and back again. Ashley . Exactly. Thats right. Volatility, neil. The markets stage add modest rebound after a miserable run. Wall street continues to battle volatility. 2,000 stocks have hit their lowest levels in a year. What is spooking investors . What is it about . Theres fears that the struggling Global Economy could wash up on u. S. Shores drags us down with it. And theres jitters over a trade war with china. Underneath all of this, the prospect of the fed raising Interest Rates making borrowing costs more expensive. That in turn fueled tweets on the president urging the fed not to raise rates. Critics say he shouldnt be doing that. But the administration says, guess what . He has every right. Take a listen. Hes been very clear about what his position is while at the same time he understands the fed is an independent agency. That doesnt take away the president s right to state his opinion on a particular matter. So neil, lets put it this way. All eyes will be on