For our friends at the Marshall Fund, it is a great pleasure to host the nato secretarygeneral stoltenberg for his reflections on the future. Im fred kemp, president and ceo of the health line here with my colleague. Welcome to this very special edition of the Atlantic Councils front page, the premier ideas platform for global leaders. Weve been hearing from extraordinary leaders on this platform, including the imf managing director, the colombian president , and later this week, aftghan president. The Marshall Funds. United states and with nato Public Diplomacy to bring you a conversation with the secretarygeneral for nato for the alliances reflection process, evaluating how to strengthen nato in an increasingly competitive world. Were having this conversation as the world confronts the worst pandemic in a century and the deepest economic downturn since the Great Depression and here in the United States, the most widespread antiracist protest in 50 years. We have at the Atlantic Counc
Extraordinary, we will have the latest. Life disrupted as schools and businesses close around the world. Sandbergcoo sheryl joins us live. This, as facebook shares plunge. Thet, to our top story, markets going deeper into the red over fears that the economic fallout over coronavirus will be more prolonged and painful that we all expected. President trump say life could be disrupted well into the summer. The s p sinking 12 . The dow falling to its lowest in two years despite the Federal Reserve cutting rates to zero. For more, i want to get to Romaine Bostick. So much red everywhere. Break it down for us. Romaine you talk about response with regard to the monetary policy. What you have today is a market that has basically figured out that what is ailing the u. S. And Global Economy will not be solved through monetary measures alone. The dow and s p 500 had their worst single day percentage drop since black monday in 1987. You look at the nasdaq and small caps, worst days on a percentage
So happy to have everyone here. Of course we are here to listen to Diane Ravitch. I have a couple housekeeping items, can a retired social studies teacher from San Francisco talk here at one time, is passing out cards on which you can write questions. So our format will be diane and i are going to talk for a little while. And then we will open the floor to questions from the audience. And the questions will come from the cards and that way we will know if a lot of people are asking the same question we have the cards and will know to ask that question. So i would like to give a little introduction i know a lot of people have been following Diane Ravitch for long time. Diane ravitch as a champion for schools around the country drawing on over 40 years of research and experience ravitch is one of the nations leading advocates for Public Education. Her years of experience, working in the government shaped her approach to education and gave her a unique and powerful perspective which she b
Dow and about 11 higher than the nasdaq. Lets check in with our reporters. I would like to take a look at one area of underperformance, china tech. Down 2 , lower on the open. But, around the time of the scoop and those headlines, the fact that tariffs will still be in place after the president ial election. Netnet, the worst day since september. Even to the untrained eye, this is somewhat absurd. Unlike u. S. Stocks, not going higher. There was a period of time when these were above the 200 day moving average. Over the last few months, gaining well more than 25 . A very overextended situation. Sometimes, these things go further than you think. There is good reason to think that we will see a reconnection at some point back down to the 200 day moving average. One group that sort of weathered this mini selloff was transportation stocks. Dow jones transportation average gained about 1 . It broke out to the highest level since october. Delta airlines gain a than 3 . Earnings came in well
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