Complexion of the approach that were going to be able to take. Testing was an issue, we had many questions of testing in this room for a number of times. Now that we literally have hundreds and hundreds of thousands of testing out there, theres a few things that we can do with that. One of the things is when we make policy about what were going to be doing with the rest of the country, particularly the areas that are not hot spots, we need to know what the pentraits of infection is there. We need to put a light on the dark spots we dont know. We have to act policy wise on data, and were going to be getting more data, a lot more data. The other thing is the areas of the country that are not hot spots, that are not still h a window of significant degree of being able to contain. In other words, when you test, you find somebody, you isolate them, you get them out of circulation, and you do the contact tracing. When you have a big outbreak, its tough to do anything but mitigation. We have
I want to just talk very briefly about two or three things. First the issue of testing and how that has changed the complexion of the approach well be able to take. Testing was an issue. We had many questions of testing in this room for a number of times. Now that we literally have hundreds and hundreds and thousands of tests out there there are a few things we can do with that one of the things when we make policy poll what well do with the rest of the country particularly areas that are not hot spots, we need to know what penetration is there. We have to act policyize on data. And were going to be getting more data, a lot more data. The other thing is, that the areas of the country, not hot spots, not going through the terrible ordeal that new york and california and Washington State are going through, they still have a window of significant degree of being able to contain. In other words, when you test, you find somebody, you isolate them, you get them out of circulation and you do
National captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org President Trump thank you very much. Been a very busy day. I want to thank the American People for the incredible sacrifices that they are making on behalf of our nation and i want to encourage everyone to keep following our guidelines on cial distancing, avoid large gatherings and hand washing that Everybody Knows they are supposed to be doing. The goal is to ease the guidelines and open things up to very large sections of our country as we end the end of our historic battle with the in visible enemy. But we will win. I hope we can do this by easter. I think that would be a great thing for our country and were all working very hard to make that a reality. We will be meeting with a lot of people to see if it can be done. Easter is a very special day for many reasons and for me, a lot of our friends. Thats a very special day. And what a great time line this would be. Easter is our
Reasonable as we have to store all this. Saying 10unbelievable decimation of tt commodity right now. Guy absolutely. You bring up the btp market. There is a lot of moving parts around the btp market today. Ly we saw yield spike yields spike to the upside. There was speculation the ecb was in the market. The big story has been the european governments considering using the european stability mechanism to extend credit lines to countries including almost certainly italy. There is an issue with this. Activationesm usually comes with some degree of conditionality. Clear theyaking it would be unacceptable to have any conditionality around it. Prelude toement is a the omt from the ecb, which would be the big bazooka from the ecb. Holly raines has been talking. His afternoon there is potentially more to come. Huge moves in btps. The pound is trading your 1985 lows. The bloomberg dollar index is getting very close to an alltime record high. Lets talk about what is happening specifically in the
All of this out. Stocks are in and out of touching 7 fall i dont have that would trigger another Circuit Breaker. At the worst we were down 6. 7 . Now down about 5 1 2 . That translates into a dow barely above 20,000. The same drama, surreal one continues to play out across the country. I want to show you what is happening this is new yorks times square, this has been pretty much the youre not seeing many people drawn to the crossroad of america, among some of the busiest thorough fares on the planet. Youre seeing similar situations play out in seattle, washington. Youre also seeing it play out in the likes of hoboken new jersey where the mayor there has, is saying that people should go ahead and obviously selfquarantine themselves, if you will, or selfisolate. New york Governor Cuomo by the way has distanced himself from new york city mayor de blasio who is advocated an across the board crackdown, a lockdown here, that would call for pretty much everyone, at least in manhattan, at lea