Phase two trial of its vaccine candidate. Where do you want to begin beginning of june, theyre talking about phase three. I love the confidence. There was a time where if you did that, the fda would really call you out say basically, how dare you plan phase three . You have to get phase two done this is a sign once again that the level of fda meaning business is extraordinary. The time that it takes to do these things is being at a level that no one has ever seen. Remember, mumps, the longest to fruition, four years this thing is happening so rapidly, and theyre talking about scaling if its good so theres reasons for optimism. I know moderna i was the first to interview them these guys are scientists. All right, and theyre using Amazon Web Services to basically, if you want to look at like what a bank robber would do, you have to keep turning until you get the right combo. Thats what Amazon Web Services does for those so david will love this, an algorithmic play, and maybe thats the wa
Hey, connell. Cohn cohn were connell were getting hit grim milestones with the covid19 it would appear. Total number of cases will top 200,000 by end of the day. The in new york city the death toll has topped 1000. 43,000 plus infections, death toll at 1096. Now one of the issues here locally has been how to keep the firstresponders safe. If you look at the nypd, the new York City Police department, 15 of the workforce has called out sick. You know that adds up to about 5000 workers. So a little bit more than that. Over 1000 Uniformed Police officers in new york have tested covid19 positive. And some others told us they have had trouble actually getting the test or, you know, waiting a number of days to get the results back. They have to sit out on the job while they wait out the results in some cases. Similar situation at the fire department. Similar situation at ems. All of that is going on. While help is coming in on the medical side, we talked all week long about the huge hospital
Striking distance, stocks are on track for what would be well see, the first loss in four sessions, but really cant get much of anything out of the future moves right now plus, deal or no deal, tmobile sprint battle heads to court. 13 state attorneys general led by, of course, california and new york are seeking to block that merger. And it is an m a monday, we have two big premium deals in biotech, sanofi and merck. Im going to get to that jim does too stock picking so important there in terms of figuring out where those premiums are going to end up stocks overall set to look for a modest open this morning, this after fridays jobs report rally. That resulted in the s p erasing its losses for last week trade once again in focus here, heard jim talking about it on squawk box. The next round of u. S. Tariffs against chinese goods set to go into effect, this sunday so we are now counting down. And new data Shows Chinese exports to the u. S. Fell 23 in november i dont know how much more th
Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours
Ten year 182 road map begins with the record one for stocks dow set to try to climb above 28 k at the open. S p in the midst of the biggest longest rally in two years executive shakeup at tmobile as ive been reporting for months now, john ledger is set to step down as ceo. Next year. The shares are moving lower ahead of the open. Fedex versus the New York Times. Fred smith challenging the papers publisher to a debate after its expose alleging the ship giant paid no taxes in 2018. Next hour, an interview you wont want to miss snap Ceo Evan Spiegel joins us exclusively. Lets start with jim and his big week in san francisco. Jim, the guys on squawk just asking you how you got out there so quickly after the eagles game last night. Well, philadelphia too has red eyes and my eyes are red from crying because the we had a chance to be able to really seal our fate and we sold it already in the wrong way. You want to come out here during dream force. Everybody who is anybody does come out and i