They are about to come up here. They should be here any second. Sure. Talk as were waiting her here. Here they come now. Pres. Trump thank you. Just before we begin i want to working very ere hard, long on getting a young out of peru. Le weve moved some and the rest re being removed with the cooperation of the peruvian government, and were also honduras, getting ome people out that got caught up and were working on that. Honduran h the governments work. They are working with us so i that. Ciate we have a couple of other locations that well report to to get a e were able oung woman released from a certain area who was being horribly ccosted, spoke to general mill e. He took care of it. Went in and got her out. Well report further on that stuff. T that was rough i want to thank the general and all the people that were and the people that went in to get her. I want to thank you very much. We continue to marshal every fight e in americas against the chinese virus were profoundly grateful t
Good monday morning, everyone. Thank you for joining us. The United States has the third highest number of coronavirus cases in the world trailing only china and italy. The death toll in the u. S. Now tops 400 people and thats forcing more drastic measures. At least 11 states have now agreed to shut down all nonessential business. President trump has authorized the National Guard to respond in three states with the most cases and he says large shipments of medical supplies and respirators will arrive in the coming days. On capitol hill, growing frustration overnight after the senate failed to pass a 2 trillion economic stimulus package. Talks resumed this morning but wall street is not happy. The markets fell sharply overnight. Meanwhile scientists are now studying at least 69 drugs in the search for a possible treatment for the virus. Abcs in epte ornhtreside trump announcing the National Guard will be deployed to the three states hit the hardest by the coronavirus outbreak, new york,
This coming out of china this morning. The Unemployment Rates surge to 6. 2 in china, and bank of japan is boosting stimulus this morning doubling stocks purchases. They are buy equities at the bank of japan because yield and tenure fall this morning. Were down 18 basis is point on the tenure at. 800 . Over this 200 coronavirus cases now here in america. West virginia, the only state with no known cases. More school ises are closing major restrictions are being put on businesses and travel. The cdc urging no gatherings of more than 50 people. Vaccine trials meanwhile are starting today. That is one certainly note of optimism. Trump declared National Emergency urging americans against hoarding as Grocery Store is shelveses are emptying out. The president taking part in a Video Conference of with g7 lead percent today to coordinate a response to the coronavirus pandemic. Meanwhile this, senate is expected to vote in coronavirus release bill today. They were there late until 1 a. M. Frida
Maria joining joining the convn fox business Dagen Mcdowell. Wall street journal assistant page editor james freeman, great to see everybody today. Great to be here. Maria we have the jobs number in 3 and a half hours. Dagen tweet get away last night. Jobs friday. Dagen we root for the american economy. Maria this week the kickoff to the Fourth Quarter, tough one for the economy and for the markets certainly dow industrials this morning looking down about 88 points, s p down 10 and nasdaq down 28, major averages on track since the worst week in august, investors waiting on jobs report, the expectations call for 125,000 jobs to have been added to the economy in the month of september with tun employment rate Holding Steady at 3. 7 , we are looking at this week that was tough because of manufacturing, ism data, the Manufacturing Sector weakening, but lets not forget this market is pretty close to alltime high. I think its 23 where it closed on christmas eve, 2018, as far as the job repor
Second half of the material. Were going to be discussing mass production and the american system of manufacturers. Now as you well know. There are differences in the way economists and historians discuss issues in particular. I would sort of say historians plays a great emphasis on archival information descriptive statistics and testimony that was contemporary to the time in contrast social scientists, especially economists look very much for big overarching themes or a framework that will connect it together and sometimes that means ignoring the the details of the specifics of historical events are involved. And what were going to try to do is to try to bring both into today by looking at a debate or rather a literature on mass production and the Assembly Line. That as articulated by economists, but then using that framework to think about the issues by using an examples a couple of the major historical transformations in several industries in particular. Were going to talk about both