Recognized the importance of the Airline Business and our retaining Critical Service and keeping our team employed. Its extremely important and great news. Doug, you already said you plan to apply for a loan from the Treasury Department in the over 25 billion bucket thats been set aside for the Airline Industry beyond that, do you expect to have to borrow more in the months ahead from the private market in order to continue to fund the operations the way you want to have them funded thats unclear, phil. It depends so much on how demand recovers, when demand recovers and how quickly. What i know is this, we as an industry asked the federal government for 50 billion of assistance, thats what we got, 50 billion of the assistance. Thats what we believe we need to assure we can ride through this clearly you can go to more dire circumstances than where it stays like this for an extended period of time, but from our own projections it stays like this through the second quarter, a gradual reco
Energy stocks and financials are leading the overall market, while safe havens outperform well discuss the impact on the coyne vines. Dr. Anthony fauci will join us he is part of President Trumps task force on fighting the virus. Steve weiss is join joinin for the hour. What do you. I think the market should take it in stride. Weve had other Companies Come out and talk about the virus they make chips that go into handsets in china and primarily asia, also tmobile here they had they were lowering their forecast youve had other come out. And ive talked about it on the Halftime Report but we all spoke to micro, but in it continues, invariably it would continue in my view you take opportunities to get further invested if youre underinvested in certain names, because its a one or twoquarter phenomenon. It wont impact what i view as the supercycle in invests particularly in semis. So what the market is pretty much ignoring today are what a lot of people ignoring, the test it is companies, su
Listening to him say i dont watch the stock market seems fanciful given that he tends to be firmer on his trade rhetoric when the market is close to alltime highs when he frames things these way i wait for the moment he stands up in an arena like alabama and says all those Treasury Bonds the chinese hold, how did they get it . They stole it. Thats where hes headed if hes around another four years, thats where its headed. Youve raised that point before it seems a natural conclusion and it would be totally in character. Not paying you back. Threatening not to pay back totally, right . Treasury. Remember this conversation because when he says it in front of one of his crowds, theyll cheer. Theyll cheer. Markets wont no, they wont. Brings up the mindset of President Trump where he looks at the stock market at record highs and says we can afford Something Like this today because were doing well thanks. Congratulations on paper back. Michael lewis. Good Tuesday Morning welcome to squawk alle
Misleading political ads from facebooks many platforms. Zuckerberg says, its not his business to censor news. Adding to the controversy, youtube which is owned by google faced criticism of political bias when it removed 300 ads from President Trumps Reelection Campaign from its website. The company hasnt said why the ads were pulled. And twitter says its banning all political ads a move that might sound altruistic but critics say could hurt start up campaigns trying to reach new voters. The decision by individual companies is only part of a broader debate. Is social media healthy for democracy . Professor Jonathan Nagler teaches politics at nyu. Hes also codirector of the universitys center for social media and politics. He joins us from new york. So nice to have you, sir. So much to dig into. Im curious what you think about facebook opposition, which is basically im not going to censor political ads. Thats kind of the gist of what zuckerberg was saying. Mr. Nagler i think the upside o
Thank you. Im kathleen hicks. I direct the National Security program here. Our ceo wanted to be here this morning to welcome the commandant, but hes been under the weather, so i get to both moderate the conversation and also do that. Before i begin, i just want to remind everyone that this is the fourth of our Maritime Security dialogue series of 2019. Our Maritime Security dialogue is cohosted between csis and our partners at the u. S. Naval institute. And our goal is to highlight Current Issues and future challenges facing the navy, marine corps and coast guard. I want to thank our sponsor, Huntington Ingalls industries who has made this possible. Today were talking with admiral karl schultz, a commandant of the marine corps. And i want to get right into it. We were lucky enough to have you join us in august of 2018. Pete daily was the moderator for that session and here we are a yearplus beyond that, a few months beyond that when you began which was roughly may 2018. I would love to