Surgeons as the daily virus death toll drops. We get pmis from across the region throughout the program. Fragile sentiment. Stocks fall amid political sparring between the u. S. And china. President trump promises a conclusive report following allegations the coronavirus began in a wuhan lab. This crisis is different. Warren buffett explains why he has not put his record cap trial to work as companies clamor for liquidity. Futures equity markets, to the downside. Matt miller is with us from berlin. Futures suggest we will see some weakness at the start of trade. Matt absolutely. We are looking at euro stoxx 50 daxres down 3. 5 , as our futures. Ftse futures trading down. 5 . Nonetheless, in the red this morning. If you look at u. S. Futures, you red as well. U. S. Futures down about 1 across s p, dow jones, and nasdaq emini contracts so it does look like we are headed for a riskoff monday to kick off the week. Just under one hour away from the start of cash trade, as i said, and we exp
This is a new york pandemic which frankly with the great chart the Johns Hopkins is doing and john von murdoch is doing, new york is essentially the mathematics of catalonia. Francine yes, and the mathematics of milan just outside of that. You wonder if we shouldve started preparing for this as far as resources and getting hand sanitizers and much needed medical equipment earlier. There is a pattern and we have charts charting that. Wuhan and in china in then the epicenter was italy and it is slowly moving to other countries that will have to deal with similar fatalities. Tom some doing better, others less so as well. The economic ramifications to be very clear, worldwide in the last 24 hours, the news in economic america is the furloughs to come. We saw that yesterday with a vengeance from retail. Right now, with our first word news, here is viviana hurtado. Viviana the mathematics of the human toll in spain. Yet. D its deadliest day fatalities,ing 849 bringing the death toll almost 8
Time. How much more can this market take before there is longterm effects on the economy . Thank you. Market does short run corrections. About 10 or 11 or something. Weve been through this many times before. I dont think, even though it is a frontpage story and no one likes to see their asset values go down, i just dont think, at this point, it will have much of an impact. , how longlify that this lasts,. How long this lasts, it depends on how deep it goes. I will remember i remember i was a reagan cub scout and i remember the 1987 market crash and president reagan saying the economy is fundamentally sound and the economy grew by 3 or 4 after the crash. I think President Trump said it in this room two nights ago, we just think the economy is sound. Therefore, i dont think this shortterm stock market plunge will have any longterm effect. [indiscernible] not at the moment. If you had a friend that was thinking about going to china, what would you tell them . Stay home. What effect do you
Protects access to new medicines and cures and lowers out of pocket spending and strengthens transparency and accountability and champions competition. H. R. 19 acts in the interest of hardworking americans. I urge my colleagues to support this bipartisan, commonsense amendment. I yield back. The chair the gentlewoman from california is recognized. Ms. Porter claims that h. R. 3 ill stop cures is fear mongering. H. R. 3 makes substantial more ment to help create cures and most importantly will make sure those cures can actually help people in their lives. Fair that the government, elected by the taxpayers, and the appointed by , elected officials, should get to negotiate drug prices, and it not come at the expense of innovation. I reserve the balance of my time. He chair the gentlewoman reserves. The gentleman from oregon. Mr. Walden i reserve. The chair the gentleman reserves. California man from is recognized. Speaker, how r. Much time remains . The chair the gentlewoman has 30 secon
All the top stories next hour right now though its the latest cars report to. Does are this is the kaiser report and we are in palm springs california krypto springs 29 thing lots going on last to talk about. Yes well weve had a wonderful time here it is about 100 degrees fahrenheit it is about 100 degrees fahrenheit or i guess thats about 38 celsius for those in europe weve had the big crash well weve been here 16 percent move prices some of the points were down up to 40 percent of course the impeachment proceedings against the president have also started while weve been here so its been a very fascinating busy time while weve been here but i want to turn to our 1st headline because this is a topic that you and i have been covering for and i know our guest coming up in the 2nd half this is a specialty negative Interest Rates are social political poison and this is from talk dot com and hes looking at a story out of germany from veldt Financial News and they say that the their articles