Hi im Steve Clemons and i have a question is the coronavirus morphing from a Public Health epidemic into a full blown social and financial pandemic lets get to the bottom line. Around the world factories have gone off line schools have been suspended and entire cities have been locked down in italy the entire country is now under quarantine and in america critics of President Donald Trump say his administration has been slow to deal with the outbreak and focused on dealing with a Health Crisis as a Public Relations battle more recently however and with 700 cases of Coronavirus Infection in the u. S. The administration has shifted to high gear in fact in the past few days the government set aside more than 8000000000. 00 in emergency funding and started to talk about an economic stimulus package so where is the fear of the unknown taking us now fortunately we have people around the country who have the answers with me here in washington d. C. Our dr ali khan a former u. S. Assistant Sur
A slogan that one of the problems of course. Counting the cost on aljazeera. Hi im Steve Clements and i have a question is the coronavirus morphing from a Public Health epidemic into a full blown social and financial pandemic lets get to the bottom line. Around the world factories have gone off line schools have been suspended and entire cities have been locked down in italy the entire country is now under quarantine and in america critics of President Donald Trump say his administration has been slow to deal with the outbreak and focused on dealing with a Health Crisis as a Public Relations battle more recently however and with 700 cases of Coronavirus Infection in the u. S. The administration has shifted to high gear in fact in the past few days the government set aside more than 8000000000. 00 in emergency funding and started to talk about an economic stimulus package so where is the fear of the unknown taking us now fortunately we have people around the country who have the answers
Talk about an economic stimulus package so where is the fear of the unknown taking us now fortunately we have people around the country who have the answers with me here in washington d. C. Are dr ali khan a former u. S. Assistant Surgeon General who led the centers for Disease Control office of Public Health preparedness and response claudius saw many economists with the Washington Center for equitable growth who has worked at the Federal Reserve board and also the u. S. President s council of economic advisors and in boston we have john gruber an economist at the Massachusetts Institute of technology and a former president of the American Society of Health Economists and in denver we have a very full boat today Kathleen Tierney a professor of sociology at the university of colorado and author of a must read book disasters a sociological approach its so good to have you all with us dr come in we start with you for a minute can you give us a quick snapshot of what the benchmarks on thi
Markets. Up and down. But right now if you look at what weve seen happen over the last month it has been impressive somebody this week was talking about 1938 in a different context. I cant remember what it was not political context in a fed or some type of economic context yeah. Yeah. So thats quite awhile may wasnt so great. May was terrible. That set you up for june all three major indices are having their best month since january of this year triple digit gains as we head into the g20 meeting this weekend with so many people watching what will happen between china and the United States look at what happened overnight in the asian markets you will see the nikkei was down by 0. 3 . Same thing with the hang seng. Shanghai was weaker. Down by 0. 6 then this morning in europe, where there is some active trading taking place right now, green arrows across the board at this moment. Biggest gainer is the dax, which is up by 0. 4 . Everybody is up by 0. 2 or more. Look at treasury yields thi
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