The spread of the virus. Join the conversation tonight at 8 00 p. M. Eastern on cspan. Next, Alabama Governor Kay Ivey holding a briefing with reporters on her states response to the coronavirus. She says testing remains a challenge in reopening alabama. This is 20 minutes. Gov. Ivey i am here to give an update on our stayathome order. This weekend is the projected peak of the illness. We look forward to seeing when these numbers start to decline so that we can make small progress. What we are doing is working. I plead with the people of alabama, keep doing what you are doing. Social distancing, personal hygiene, staying at home when you can. Our stayathome order stays in effect until april 30. Last week, i talked to you about the focus on my peoples safety and health to include also the Economic Health of our state. In my mind, those two have been closely in a whirlwind since the beginning. As most people can appreciate, this requires a strategic approach as well as a team effort to s
It took a tumble in less than six weeks and then rebounded 36 of the lows from april yesterday. The s p down 34 from february 19 to march 23, less than five weeks. Crazy to think about how quickly that fall came then we were back up 30 off the low for april. Joe . If you used april then i could get to 82 years i dont think sorkin was listening to me. I was i said, no, i dont remember. You are always saying maybe i wasnt around for that here is my proposition for you, andrew sell in may is a common expression go away ive never felt more like selling in may than i do right now. I have to be honest. It is not just you. Look at the dow this morning down 454 points. Just to test whether this kind of thing works. It would be impossible for me to go long with money what was he, 163 or something. I saw another guy say it is going to be so hard over the next year that we are looking at another 40 drop others that say the average recession that the market doesnt bottom for 11 months although jim
Harrington is the ceo and Portfolio Management at Gilman Hill Asset management, rob sechman is one of forbes top 100 Financial Advisers and rich sapperstein is back. He, as well, a top Financial Adviser, barrons, in the top 100 there. Lets get to the board, show you where we were currently trading. Pretty much highs of the day 550 for the dow, 2. 25 , 24,646 s p 500 trying to push towards 3,000, a gain of 2. 5 today, a gain of 73 points. Nasdaq, the outperformer of the majors at 3 , and theres the russell, which is having a good day as well, with a nearly 5 gain some 61 points there dow going for its best month since 87. The question is what all of this means for the coming days, weeks, and months ahead. Joe, im going to go to you first. You look at the drivers today, i mentioned the gilead news, and that is clearly overshadowing what was a dreadful gdp number fauci now is talking about the clearcut positive effects of this remdesivir trial. Boeings calhoun, the ceo saying the thaw is
South koreas governing party is projected to win a parliamentary election that required masks gloves and hand sanitizers. The crisis takes a toll on new yorks transit workers hundreds are getting sick. Theres global controversy over the u. S. President s decision to cut funding to the World Health Organization donald trump is accusing the body of mishandling the covert 19 pandemic but in the last hour the head of the World Health Organization says that his organization is vital for handling this crisis but other major health issues. We regret the decision of the president of the United States to order to hold in funding to the World Health Organization deadly choice of reviewing the impact of our work of any withdrawal of u. S. Funding and well work with our partners to feel any financial gaps we face and to eat sure our work continues and interrupted when we divided the virus exploits the cracks between us for an hour since we have 2 correspondents on the story kimberly how could a st
Mohammad hes one of thousands of children trapped in refugee camps and greene says the threat of the girl in a bar assumes the situation is bleak for him. Last and also questions about the origin of the virus china says it 1st appeared in a food market in the war on the growing skepticism about that claimed one alternative theory is that the virus accidentally leaked from the research lab in that city. Hello im christine want to welcome to the program a message off caution from german chancellor and get a machall as the country begins to ease some of its coronavirus restrictions merkel says its crucial the country should not risk everything its achieved in containing the spread off the coronavirus by becoming complacent about physical distancing now the chancellor made clear that if the virus starts spreading rapidly again a return to tyson knocked on mishas will be unavoidable. That to me does sharia of course it is difficult but as we now lift some of the restrictions and ease the ru