To not make haste good friday morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Morgan brennan heads our coverage at headquarters bulls trying to hold the bounce after the worst day for stocks since 1987 the five Big Tech Companies apple, facebook, alphabet, amazon and microsoft lost more than 400 billion in value on thursday the treasury secretary Steven Mnuchin joined us this morning on squawk on the street. Take a listen. The president is looking at a major stimulus package whether its through the payroll tax cut or through another means of delivering liquidity to hardwork americans, weve announced what will be about 200 billion of liquidity through delaying irs payments, so hard working americans who have tax payments due or small or medium sized businesses can delay them i can assure you we will use whatever tools we need to make sure that the industries impacted by this get through this this is a shortterm issue it may be a couple of months but were going to ge
After todays magnificent run the dow gaining and s p gaining and nasdaq 1. 5 maybe we shouldnt lend so much credence next time some indicator flashes red when tenyear treasuries were giving you it, experts came on the air and said a recession is insev inevitable and you should be afraid thats no way to make decisions about your money i explained over and over again you get a much better read by listeni ing to conference callsf individual Large Companies they said consumers are liable now look what happened yield curve on friday, if you took your queue from the panic and sold everything, you got burned thats the problem with following the big data an inverted yield curve may mean a recession but tell that to tens of thousands of people that shop at walmart every week the president gave walmart a shout out. Ups delivers hundreds of amazon boxes every day and tell it to the geeks at visa and mastercard or apple where the Service Revenue stream keeps growing the companies are seeing a sign
Pennsylvania education secretary pedro rivera appear Healthy Schools campaign ceo Rochelle Davis in this discussion. Well, good morning, everyone want to welcome all the title is education and health twin pillars for driving students. Good to see all of you. For those of you new to bpc the mission is to actively seek and take the best ideas from both parties to health, security as well as opportunity for all americans. We try principles and politically viable old policy solution through the power of analysis, negotiation and advocacy. Todays event focuses on the bidirectional impact of education and health. It is part of a project bpc is involved in health and all policies. The idea that policies outside the healthcare have a profound impact on health and therefore Health Impact should be a consideration for policymaking in these areas. To this and it is understood that education is important for health outcomes. In addition, it is a that facilitates learning and is the Education Secto
Back. Good monday morning. Thanks very much for joining us this morning i hope you are having a good monday i am maria bartiromo, monday, march 11, 8 01 on the east coast time for hot topic of the hour President Biden walking walk use of the word illegal to describe laken rileys alleged killer during state of the union. I should pt undocumented i am not going to choose any of these people with disrespect. They built the country the reason our economy is growing we have to control border more orderly slow but i dont share the view at all. You regret using that word . Yes. He doesnt want to treat laken rileys murderer with disrespect laken riley mother slamming biden first mispronouncing caughts hiem pathetic blamed bidens border pails. Implemented a policy that illegal aliens intruding into United States granted community from deportation when this monster shot up at our border was is the free immediately under the program i call it free got the name wrong, joe biden went on television
Concern. This as the s p gets closer to a critical support point and investors are desperately seeking answers. We have four days to fund the government. I will ask senator bill cassidy can republicans overcome their own infighting . There is a heavy malaise hanging over the nation. We all fee it. The question how do we fix it. Rebecca walser joins knee in a specs takeaway. All that and more on making money. Charles usually when people say, hey, how did the market today, charlie, how did the market do, we assume theyre talking about the stock market, right . I got to tell you these days everything is running off of the bond market. The canary in the coal mine, we always used to call it that, that is a truth teller, that is always its historic role of the economy and nature of risk. You look at the bond market all of sudden it has become irrational at least for those on the wrong side of the trade, right . That has everyone on edge including all the different markets. Case in point, our