Indepth analysis of todays global a glowing inside story on down to 0. Prime minister announcing that. If im going to get through hours and days through the la county to work with me on air traffic. Probably because theres people much larger than what happened in it. Hello im richard yes bourdin youre watching the listening post here are some of the coronavirus stories the media angles that were tracking from home this week india and the pandemic much of the coverage is defined by politics and driven by religion reporters must choose their words carefully europe remains under lockdown and e. U. Countries are in a standoff with big tech over how to use data to track the outbreak 3 photographers from 3 countries and the still images they are capturing to tell the covert 1000 story and finally past self meet present self lets talk about the coronavirus do you want be good or bad india is now one month into the worlds biggest lockdown just hours before it was announced Prime Minister Naren
Is time. A governor who doesnt want to see these businesses destroyed a person who has said, look, weve got the baseline we know what can go wrong. We have the ability to handle it medically. And initially when i saw this, carl, i said this man, this governor is a reckless fellow. The more i read his excellent speech yesterday, the more i realized the stakes are so high for so many people, im rooting for this man i think hes doing it in a way that makes me feel like if youre going to open it, open it this way i wanted to wait for the vaccines i wanted to wait for when we got s ser roll gist ologyists who coue antibodies it may seem illadvised, when you drill down to the speech he gave yesterday, i have to tell you, i was impressed i know everything has become politicized, but this is a man who is feeling for the Small Business people and recognizes theyre about to be done Scott Gottlieb on squawk this morning did say to him they picked the businesses most at risk and decided to open th
Welcome to the entire committee. Lets check on the markets first this hour. We have run out of steam the dow is marginally to the down side. Down about 31 points in the red. The s p 500 just about even right now. Flat on the day. Level 2798 there the russell 2000 flat as well. As you can see that steam running oult as we rallied so strongly off the lows that we saw just about one month ago lets go to our Investment Committee with the traders here and perhaps well start with you. Youre the one right next to me in this box. What exactly is happening right now. Have we run out of steam for this particular rally . Well, i dont know necessarily running out of steam is a bad condition markets, generally, when they rally significantly need a pause and that pause is generally a consolidation type of pattern in the markets. I think right now, most investors and most speculators are anticipating a rollover and the concern that identify is a lot of people are positioning for that rollover and los
To try to get there first and that sort of thing so im hopeful we will very much try to learn as much as possible from that facility and from all the other ones too we have a lot to learn here. So well certainly be trying to do that. In terms of fiscal concern, so, you know, for many years ive been before the fed i have longtime been an advocate for the need for the United States to return a sustainable path from a fiscal perspective at the federal level. We have not been on such a path for some time, which just means that the debt is growing faster than the economy this is not the time to act on those concerns this is the time to use the great fiscal power of the United States to do what we can to support the economy and try to get through this with as little damage to the longerrun productive capacity the economy has possible the time will come, again, and reasonably soon, i think, where we can think about a longterm way to get our fiscal house in order, and we absolutely need to do
The clouds along the coast and right around the bay, 59 San Francisco, 66 for san jose. We will talk about a warming trend as we go through the week. Details on that coming up. Gianna . Take a look at the roadways right now, weve got a broken down big rig. Eastbound 580 right around north flint. Also getting word of a trouble spot on the shore freeway, westbound 80 as you work your way here San Pablo Dam road we have reports of an accident there, not too far, but it will does not look like it is ou aranessential worker, you shore freeway, traffic moving nicely in both directions. No delays on 680, but that is an area where we have a crash near to 42. Im anne makoveck at the live news desk, taking alive look at capitol hill this monday morning radio former Coronavirus Crisis funding could hit the senate floor today, with 450 billion. Here is the breakdown for you. 300 billion for small businesses, 75 billion for hospitals and 25 billion for coronavirus testing. Now, this is all after th