Brennan and jon fortt. Markets have been well off the highs. Dow was up 937, trying to hang on to about 400 points on the dow right now. Lets bring in mark mahaney of rbc, david lovevitz of jpmorgan. We knew 2700, 2750 would be a bit of a battleground and its turning out to be exactly that yes, exactly. One of the things thats occurred here over the past couple days really over the course of the past weekend is you finally saw consensus earnings system begin to come down and the narrative that had been in the Market Equities are looking cheap, the question we were always asking was cheap relative to what earnings . When you use the new estimates that are around 145 a share, you know what youre seeing is stocks are looking fairly valued not outright cheap and i think thats a big part of why were seeing things run into resistance at these levels mark, its a great opportunity, davids answer, to ask you how in the world analysts are coming up with any kind of estimates given the lack of gu
Sentenced to death. They could charged with capital murder even though he didnt have the gun didnt pull the trigger didnt intend to kill anybody imagine living in your bathroom for the week with the scent of a 23. 00. I felt that i deserved to be. Confined within 4 grey walls funded so using. Them to leave dennis room. This is that one business show you cant afford to man on fairmont a sailboat in washington coming up markets continue on the rebound of the u. S. Senate fight. And only half the nearly 2 trillion dollar relief packages plus Oil Prices Last more than a 1. 00 a barrel per day what does that mean for its futures plus some Companies Reluctant to open shop too soon well tell you how china is handling its recovery but 1st lets start by tracking the crown of our. Cover 19 and factions continue to surge globally the number of cases exceeds 490000 thats nearly doubling and just one week now the death toll at more than 22000 the pneumonia causing virus has been rapidly increasing
Over 19 and factions continue to surge globally the number of cases exceeds 490000 thats nearly doubling in just one week now the death toll at more than 22000 the pneumonia causing virus has been rapidly increasing across europe and the United States cuba is the latest country to join a 20 percent of the global population thats already on lockdown of the World Health Organization concerned now more than ever on the number of Health Care Workers being infected. Evaded little ports we also know that one old infections. Are walkers and many more busy. Of. Those services to respond. To all of us as of yesterday its a little board at 6200. 00 in fact that it will cause. List all the. Individuals as best as we can so in the last 24 hours spain saw a small decline in fatalities where 655. 00 people passed the Spanish Health Ministry Said the total death toll rose to nearly 4100 while the number of confirmed cases climbed in one day from 47610 to more than 56000 now the Spanish Parliament ext
Thats nearly doubling in just one week now the death toll at more than 22000 the pneumonia causing virus has been rapidly increasing across europe and the United States cuba is the latest country to join a 20 percent of the global population thats already on lockdown of the World Health Organization concerned now more than ever on the number of Health Care Workers being infected. Evaded little ports we also know that one old infections in healthcare workers and many more d. Of. Those services. All of us as of yesterday its a little board at 6200 infected. We must all. Be. Individuals as best as we can so in the last 24 hours spain saw a small decline in fatalities where 655. 00 people passed the Spanish Health Ministry Said the total death toll rose to nearly 4100 while the number of confirmed cases climbed in one day from 47610 to more than 56000 now the Spanish Parliament extended its state of emergency through at least april 11th iran has been another country significantly impacted
Commentatoentary the last 24 hos whether its acumen and dalio on one side you point is, no revelation 6 8. Why are we not believing in science . You have been pretty consistent on that. What happens today if the fda approved a drug . What happens if they do that do we then start thinking about, geez, how much pain it will be if we print all these dollars. How about if it is approved and we say, you know what, im really worried about boeing. I mentioned that because its front and center, but im looking at the fda and not at the fed, and i think a lot of people who came on this morning oh, damn, i lived in my car and was not doing so well its not all done in fair weather. I listened to a lot of really rich people, some crying yesterday, today, talking about the end of days, i think the American Worker is a little tougher and i think if we get the drug, we get approval, i think well all say, geez, maybe this thing isnt going to last forever and we can tide workers over, and we can help th