Now. My. Wall street is in party mode now that joe biden is the front runner in the democratic race because they know that if he gets the nomination they have nothing to worry about do they fear and that ferran cousins from trial lawyer magazine to talk about this whats your take on this it was like party on wall street there they were popping champagne corks and the you know it was just so obvious that they love this guy because they know hes not going to change anything for right right we we went through days and days of just the stock market tanking because of kobe had 19 and then suddenly joe biden 1st gets the endorsements from club charm buthe gedge and at that point the Health Care Stocks on monday of last week took off super tuesday happens market opens wednesday to a huge rally and these. Esthers the economist they all say its because of bidens victories and some of them some of them who run the financial houses out there actually said this happened because joe biden is not go
Thank you, guys. Okay. Alex gorsky from j j, appreciate it well be back tomorrow cnbcs special coverage continues right now. Good monday morning welcome to squawk on the street, im Carl Quintanilla with jim cramer and david faber. Coming to you live from separate locations even on set as we practice social distancing futures are stable to start the week as the president extends those social distancing guidelines to april 30th j j, as you just heard, announcing a lead candidate for a covid19 vaccine a lot of people were astonished that the futures, just at the moment when the president said, look, we have to extend things. Take away that april 12th deadline, it will go all april at the very moment we saw the futures start reversing. I think this is a day, dont know how much more, a day where science trumps the pain and the disaster frankly that is covid there have been many, many days weve come in and science has been playing catch up game today it sounds like science is on target. List
That is a crisis for democracy is a crisis of concentration the bottom line. Hello im daryn george this is counting the cost of aljazeera your weekly look at the world of business economics this week. A battle for the heart of opec who will capitulate 1st putin all m. B. A. s as a price war decimates the market. Will the most liberal democratic nations by beijings Ai Facial Recognition Technology to control their citizens. And the lebanese lived a dream that was a delusion while lebanon was drowning in debt words of the Prime Minister of his country defaulted on its debt for the very 1st time. Well at a time when the world is dealing with the fast spreading coronavirus that has decimated supply chains induce panic buying and grounded flights the last thing it needed was 2 nations declaring economic war well saudi arabia and russia have been working together to prop up oil prices for the last 3 years but fell out of a riyadhs insistence that they agreed to cut oil supplies by 1500000 ba
Are foreigners now and news of the costa 1st emerged after a man had returned home to his home country of brunei and tested positive for covert 19 china has reported anyone new domestic coronavirus case the other 20 were travelers arriving from overseas beijing says it expects its economy will return to normal in the 2nd quarter france has joined spain and italy ordering people not to leave their homes except for work medical care or supplies it comes as thousands of new cases were reported across the e. U. Which is closed its external borders iran has temporarily freed to around 85000. 00 prisoners because of the pandemic 3 of its wholly a science of also being closed to visitors despite strong opposition shrines in the city of mashad home and shot if they were shut down to contain the spread of the virus at least 988 people have died with around 16000 confirmed cases same destroyed he has more than tyrone. When the death toll was in the high seventys on a daily basis certainly people
That challenge the number of confirmed cases in the u. S. Is no more than 3000. 00 states are shutting down bars and restaurants curfews are starting to be introduced the face of america is changing at airports as the extended european travel ban kicks in where the. Staff carrying out Health Screenings have been overwhelmed the governor of illinois blamed the trumpet ministration for a lack of planning and foresight he didnt get the response he wanted well heres what i got i got a call at about 11 oclock last night after that tweet from a white house staffer who yelled at me about the tweet the administration at its no ideally briefing admitted mistakes were made the lines again that we saw overnight at a limited number of airports including chicago are unacceptable weve adjusted our processes we continue to surge personnel at the same briefing when asked how many ventilators the u. S. Had to help patients with breathing difficulties the government secretary in charge said this we dont