So now, to go back and listen to what has happened to weapons from truman to trump is really remarkable. All from the midwest and college thinking he would be a literature major but watergate changed him to Political Science and then he went on to graduate school at mit and it was International Relations and nuclear strategy. Then he moved to washington with the house of representatives house policy advisor but you know government work, he decided that wasnt for him so then he left and wrote the widely acclaimed book of armageddon. And t then spent time at the boston globe because they were looking for experts inn defense he stayed there 20 years as bureau chief in moscow, bureau chief in new york city. And by the end of 2002 started writing stories and has written for previous books before tonight what i am really excited to have is our guest fred kaplan and his book the bomb. [applause] thanks for coming out. Just said my first book was 1983 about the small group of defense intellect
How much of this is connected to travel stocks and the coronavirus were going to explain it plus the state of california has declared a state of emergency related to the crowbars well have a live report and coke in mongolia is about to get its own Competitive League weve got the details so much to get to on this very busy day so lets get started. And we begin with another manic day on wall street as thursday the dow dropped over 1000 points again essentially erasing almost all of the 1200 point gain from wednesday it has been nothing short of a wild week on wall street with the dow swinging a 1000 points or higher twice in just the past 3 days monday markets posted their largest single day gain wednesday the dow posted its 2nd biggest gain as the healthcare sector shot up thanks to that super tuesday win for joe biden investors almost seem to be cheering signs of a Global Response to the corona virus which includes more than 8000000000. 00 in emergency funding. Coming from congress but
That weve been having so lets start here whats going on with this because we saw the dow as i mentioned up almost 1300 points on monday down 786 on tuesday up almost 1200 wednesday down almost down over 1000 again today do you ever remember a time when youve seen this kind of yo yo effect with the markets to this extreme. Well again you have to look at it percentage wise that weve seen this kind of movement but obviously we werent at 28000 at the when it started i think what youre seeing here is just a market that is showing you that the top is probably yes you know weve talked about on your show for the last couple of months that i thought we were in the early stages of a recession investors were looking for an excuse to sell and i think thats what youre seeing here i think this is very good topping action to a market thats probably going significantly lower from here and i think youll see a lot of these days but again remember when you look at percentage wise its feels bigger but its
Wednesday it has been nothing short of a wild week on wall street with the dow swinging a 1000 points or higher twice in just the past 3 days monday markets posted their largest single day again wednesday the dow posted its 2nd biggest gain as the healthcare sector shot up thanks to that super tuesday win for joe biden investors almost seem to be cheering signs of a Global Response to the corona virus which includes more than 8000000000. 00 in emergency funding coming from congress but that optimism didnt last for very long as california declared a state of emergency after a coronavirus related death and 53 confirmed cases in the state well meanwhile the Airline Industry has been hit hard over the past few weeks we told you about that its all thanks to the good and the decline in air travel its so bad in fact that fly the europes Largest Regional Airline has collapsed into administration on thursday morning as the economic damage caused by the ongoing virus escalated the airline cease
Happening now, Breaking News, cnn. Well, you find a central witness in the classified docs Documents Case. Now, speaking publicly for the first time, standby for details on what he knows as he urges voters out there to learn the truth about his former boss also tonight, a dire warning from the fbi director that the Terrorism Threat against the United States is that a whole new level . After the october 7 attack on israel and the war in gaza standby for more on alarming new testimony by the nations top intelligence officials. And the princess of wales now says shes responsible for editing a family photo that was supposed to ease speculation about her health after up nominal surgery instead, the image and the controversy are now raising even more questions about whats going on with the british royal. Welcome to our viewers here in the United States and around the world im wolf blitzer. Youre in the Situation Room the skis. Cnn Breaking News because thats good right to the Breaking News,