And later, Norah Odonnell sits down with garth brooks. Why he says adversity makes us why he says adversity makes us stronger. Captioning funded by cbs this is the cbs weekend news. Good evening, reporting tonight from cbs 11 news in dallasfort worth. We begin with sobering new numbers in the coronavirus pandemic. Today marks one month since the first reported death in the united states. Since then the death toll has summered more than 2,400. Confirmed cases topping 136,000 and counting. Late today the president extended distancing guidelines. On tuesday, we will be finalizing these plans and providing a summary of our findings supporting data and strategy to the american people. Cbs news correspondents are covering all aspects of this national emergency. Well begin with Nikole Killion at the white house. Reporter monday marks the end of the white houses coronavirus guidelines, but some officials including within the Administration Believe more time is needed. As President Trump conven
Past week. By thursday we were down better than 20 from the february highs. That is definition of a bear market. The dow alone, down 10 on thursday that was the worst day since the 1986 crash and black monday. That left traders unsure how to handle the virus impact and questions abound about how slow the economy will become . Are we in a recession right now right now is a boston group chief officer david monson is here, joining us this weekend with 2 billion in Asset Management and eve got the ceo of van ecks, 51 billion in assets under management 80 of funds great to see both. Thank you so much for joining us. What a week, david lets kick it off with you. What did you do, were you caught flatfooted with that 2000point selloff on thursday quest mark. Thereto answers on that, i feel we are caught flatfooted in their sense of theres absolutely no time to react not just this week but over the last weeks. It is the unlike 20,072,008 and surly not like the 2002 bear market. This came so qui
Coronavirus, mayor bill de blasio is joining us, everybody. applause and then, then were going to be joined by the star of the new show dave, lil dicky is here. Also on tonights episode, Bernie Sanders isnt going anywhere. Toilet paper could get you killed and joe biden is sick of your shit. So lets catch up on todays headlines. All right, so look, normally we would catch up on all of the headlines from around the world. You know, maybe we what talk about Harvey Weinstein getting 23 areas in prison. cheers and applause we can talk about the Supreme Court for giving President Trump a victory on immigration. But today theres only onestory the entire world is talking about, the coronavirus, aka covid19, aka mum bo number death. laughter it is now in 110 countries with over 122,000 confirmed cases and it it looks like its only getting worse. The World Health Organization told officially designating coronavirus as a global pan demic. Congress inhouse doctor told capitol hill staffers at a c
Why this is good for business and workers. Finish on the barrons round table tonight but at a safe distance, ben leveson, carl english and jack howe. Ben, first to you. Lets talk about whats happening in the market right now. In the beginning of the bear market, we had that crazy panic stage, lots of missed pricings. Now things seem to have settled down, investors maybe trying to find what the right prices are . They are. Or at least they, you know, theyre making bets that some kinds of companies are going to have a lot of trouble going ahead, and thats your traditional retailers, airlines, cruise companies. After rallying last week, theyve gotten hit very hard this week. And there are companies that have been winners including Biotech Companies who are working on treatments and vaccines for coronavirus. And theyve done very well. The one strange one is energy which has been among the losers but had a fantastic week because of reports that maybe we could see some production cuts to oil
Currently affected. And james corden returns with a starstudded special. Hell telluous social distancing should not keep us apart. First, heres todays eye opener, your world in 90 seconds. The peak. The highest point of death rates. Remember this is likely to hit in two weeks. No state, no metro area will be spared. President trump extending social distancing guidelines through april. His denial at the beginning was deadly. His delay in getting equipment to where its needed is deadly. The virus has just torn through new york city and its suburbs with frightening speed. Most of the deaths have happened in the span of just a few days. April will be worse than march. May will likely be worse than april. Prime minister Boris Johnson who is quarantined with the coronavirus released a video message on his twitter page. Thank you to all of you and remember, stay at home. People in several states are cleaning up from tornadoes. Severe weather through the central u. S. From texas into the midwe