Falling 973 point, but the real damage was done in the small caps which got a lot smaller today. The small cap indexes, you name it, you can throw a dart and hit one, it was down 7 to 8 . Small caps on concern of the domestic economy taking it on the chin you also have to look at the big banks. Big bank stocks also in the red. You heard the gang before just talking about it and also focus on boeing. Boeing losing another 12 today. Another very difficult day for boeing and the airlines in general. Just a reminder, we of course, at 5 00 will be monitoring that White House Coronavirus press briefing when it occurs, if you have marketmoving headlines or headlines that you need to know, we will bring you into that as always, waiting for it to begin and well dip in once or twice during the show, as well welcome, everybody as said, im Brian Sullivan and we have a great trader panel we have tim, karen, dan and guy. The gang is all here, and karen finerman, i want to begin with you because i kn
And compensation of a packed show today so lets go and dive right in. In the world now has more than 800000 cases of the coronavirus and cost the lives of more than 40000 people here in the u. S. The death toll grew by more than 500 in a day for the 1st time since my on monday during his Daily Briefing on the pandemic u. S. President donald trump talked about how important the next month will be to fight in the spread of the virus. This is our shared page you had a guilty challenging times are ahead for the next 30 days. And this is a very vital 30 days were sort of putting it all in the mind this 30 day is so important because we have to get back. But the more we dedicate ourselves today the more quickly we will emerge on the other side of the crisis and as the u. S. President touted a newly authorized 15 minute test the nations leading Infectious Disease expert Dr Anthony Fauci said we will be in a better position to deal with the virus if it were to represent itself in the future if
Earlier. He called them the turbulent years. The years that gave rise to the cio and all of the organizing and mieverything we saw then. They werent years of upheaval, organization and progress so much as a big turnabout. A way in which the american working class suddenly took a turn to a different stage in its existence where we could say that from the 30s to the 70s was an experience of almost unbroken progress and expanding rights for workers. But in the years between 1968 and 1988, a lot of that turned around. So turnabout years. I want to start with three stories that help locate whats going on in this period. Then talk a bit about whats happening to the economy. Talk about Public Sector workers in the period and the physical austerity they faced and conclude with barometers of whats happening to working class america by the end of this period. So to begin, let me start with three stories. Im going to locate these in 1977. So roughly about halfway into the period that were talking
Wrote about the 1930s. He called them the turbulent years. The years of militancy and organizing we saw. These years were equally important to shaping 20th century working america, but in a different way. They were not years of upheaval, organization, and progress, so much as a big turnabout. A way in which the working american class took a turn to a different stage in its existence. We could say that from the 1930s to the 1970s was an experience of unbroken promise and expanding rights for workers. In the years between 1968 and 1988, a lot of that turned around. So, turnabout years. I want to start with three stories that help locate what is going on in this period, and talk about whats going on with the economy. Talking about publicsector workers in the period, what they faced, and then conclude with some barometers of whats happening to workingclass america by the end of this period. To begin, let me start with three stories. I am going to locate these in 1977. Roughly about halfway
Hardest. This action will give them maximum flexibility to use the guard against the virus without having to worry about costs or liability and freeing up state resources to protect the health and safety of the people in their state. The federal government has deployed hundreds of tons of supplies from our National Stocks pile to locations with the greatest need in order to assist in those areas. I approved the state of new yorks request for a major disaster declaration, something which Governor Cuomo has been asking for and which i agree. We had it done in very rapid fashion. We approved this on friday evening and were working very, very hard to get all of these things, not only signed up but completed and finished and win. The request from the state of washington for a major disaster declaration was approved just a little while ago. Went through the process and we moved it very quickly. The request from the state of california was just received. We will have it approved very quickly.