And the estimated number of deaths we will get ism today. Adp is out several european banks are spending dividends jim, how much of this mornings action does reflect the grim picture that the white house set forth yesterday . Its difficult to imagine how, lets say, optimistic people were versus what the president said last night. I think many people in the stock market understood that the numbers were completely understated. You did leave the office saying, wow, that could be just terrible because they didnt caveat it as much as you might have thought they didnt say, all right, but were doing great in this state, this state, this state they said look, this is the reality. I think the reality rolls back some of the 19. 9 gain we had last week in the s p then whats going to roll back the rest is if we have credit problems ill defer to david. David knows behind the scene what day it is today today is the day youre supposed to pay your rent david, a lot of people wont make those payments,
First president being sworn in at federal hall in new york city. That would have been in 1789, in april. How well where the duties and office that he was about to step into, how well where they defined at this moment when he was sworn in . They werent defined at all. There was a brandnew institution, certainly in america and really in the world, its a new experiment of an elected magistrate that would have at one point been the head of state, like a king, but also be the chief executioner of the laws, the chief executive in this case, the chief policy maker. And it wasnt exactly clear where the powers of the of the legislature and where thedefine. Powers of the president would be defined. And so washington really created that office. Reallmany of the precedents, mf the things that we come to think of as president ial really come downwn from his example in the office. He took the oath, what were his views at the time about expanding or restricting the power of the office that he was ste
Going to be a strong enforcement of quarantine. You have to have separation. You have to have separation or this thing takes longer to go away. I think you could said this for your country and a lot of countries, it goes away. Away with very, few few desperate very deaths. Relative to other countries, we have very few cases. I think we have the greatest doctors in the world. We have offered iran assistance. Iran is having a tremendous problem. We have offered iran assistance. If they would like it, we will help. [indiscernible] i would rather not say. Lets put it this way. You will see. I cant say. I was working on that last night, also. Determinedbeen fully it was iran. It was a rebel group. It did look like it could be backed by iran. We will see what the response is. [indiscernible] pres. Trump i always want him to return because he is a friend. We started off both new to the job that would always like to see him. There are other people i get along with really well. This is a very s
President s day. First, sir, explain the significance of that moment thats portrayed over your shoulder there, the swearing in of George Washington. You see the first president being sworn in at federal hall in new york city. This would have been in 1789 in april. How well were the duties and the powers of the office that he was about to step into . How well were they defined at that moment when he was sworn in . They werent defined at all. There was nothing like it in america and really in the world. It was a new experiment of an elected magistrate who would at one point be the head of state like a king but at the same time also sort of the chief executioner of the laws, the chief executive in this case, the chief policymaker. And it wasnt exactly clear where the powers of the legislature and where the powers of the president would be defined. Washington created that office and many of the precedents, many of the things we come to think of as president ial really come down from his ex
Lets get over to china correspondent in beijing for more. What are the latest developments . The economic front, we did hear from the finance minister over the weekend. There will be additional measures from china to cut taxes and fees to support the economy. We saw additional meters over bond issues at the local government level. Additional letters from policymakers to support the economy. Meet its social and economic target. The question is how much budgetary pressure china will be under and how aggressive these stimulus measures are going to be. Pboc has lowered Interest Rates ensure Financial Markets in terms of cases, 68,500 are the latest numbers in terms of infection. 1600 deaths. The rate of infections continues to slow. We had a doctor out of one of the hospital say that now according to state media, this is starting potentially to peak the rate of infection. The new officials on hubei profits, wuhan is the capital, population they are told not to leave their homes. Leadership