Across the world the death toll in the u. S. Has risen to nine people a big night for joe biden for super tuesday with key wins across the american south. Wednesday march 4 and Worldwide Exchange begins right now good morning and welcome to the show well tick off the morning with breaking news. Investors bracing for another wild ride as futures are indicated higher sharply, 500 some points for the dow, 51 for the s p and 160 for the nasdaq that is implied. We have seen action wither away over the weeks that action has been anything but mild we were red early on todays massive gain was more than cut in half after triggering the rate cut only one green spec signaling possibly more support and admitting the cut may not be the fed or cure all. We dont think we have all the actions. We do think it will provide a meaningful boost to the economy but will avoid a tightening and help boost household and business confidence. Investor attention today turns toward the central bank of canada due ou
Since the 2008 financial crisis. 1000point days were multiplied all week this week for joining me right now to discuss the chaotic week for the markets is the Hudson Institute director for chinese strategy michael pillsbury. Always good to see a thank you mr. Entrance arch for joining us. We talk about markets in the comic backed up coming up with Robert Kaplan but let me first get your take on the coronavirus and i your in touch with the administration. Tell us about the u. S. s response to the coronavirus and what President Trumps focus on now. President trump responses been to offer help to president xi, he has not accepted. He did permit the World Health Organization to send a team at their access was restricted. And now the who in geneva admitted yesterday that key data they need about how healthcare workers are infected, means of transmission, have not been provided by china. This is not something that is evil or mean, its part of chinas overall strategy that weve seen the last t
Crisis. 1000point days were multiplied all week this week for joining me right now to discuss the chaotic week for the markets is the Hudson Institute director for chinese strategy michael pillsbury. Always good to see a thank you mr. Entrance arch for joining us. We talk about markets in the comic backed up coming up with Robert Kaplan but let me first get your take on the coronavirus and i your in touch with the administration. Tell us about the u. S. s response to the coronavirus and what President Trumps focus on now. President trump responses been to offer help to president xi, he has not accepted. He did permit the World Health Organization to send a team at their access was restricted. And now the who in geneva admitted yesterday that key data they need about how healthcare workers are infected, means of transmission, have not been provided by china. This is not something that is evil or mean, its part of chinas overall strategy that weve seen the last three years they are basic
Since the 2008 financial crisis. 1000point days were multiplied all week this week for joining me right now to discuss the chaotic week for the markets is the Hudson Institute director for chinese strategy michael pillsbury. Always good to see a thank you mr. Entrance arch for joining us. We talk about markets in the comic backed up coming up with Robert Kaplan but let me first get your take on the coronavirus and i your in touch with the administration. Tell us about the u. S. s response to the coronavirus and what President Trumps focus on now. President trump responses been to offer help to president xi, he has not accepted. He did permit the World Health Organization to send a team at their access was restricted. And now the who in geneva admitted yesterday that key data they need about how healthcare workers are infected, means of transmission, have not been provided by china. This is not something that is evil or mean, its part of chinas overall strategy that weve seen the last t
On this busy day, weve got full team kovrnl like you could not get anywhere else. Bertha coombs at the New York Stock Exchange Steve Liesman digging into the Economic Impact and meg here with the larapid response from companies. Dow down more than 1000 points b Bertha Coombs is there for us. Hi hi, kell lichlt the dow taking out its january lows today and dropping below 28,000 for the First Time Since december chip makers among the biggest losers today the surge in cases now in south korea, weve also seen the consumer names, tap tri leading the sell off while carnival crashes. Health insurers, its about medicare for all about Bernie Sanders put in a decisive win following a big win in the New Hampshire primary. That sector down 9 from last week finally, bucking the trend at the opposite end, gilead hitting a new high with Health Officials siting process on the ability to treat the drug and clorox, but guys, keeping things clean is the first line of defense against infection. Thank you