Over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets back to where it was, and whats your reaction to now this
Hello, everyone thanks for joining us this morning. Are we rolling . Hopefully. I havent seen them. Good morning everyone. On behalf of the virginia humanities which produces the festival of books, id like to welcome you all to the contemporary portrayals. We have a couple of quick notes to get through pertaining to this event, so first we want to thank the city of charles bell as a sponsor for this conversation and for hosting us. This program is being broadcast on the citys government Access Channel on tv ten and streamed live on the Facebook Page so if anyone is listening or watching at home and wants to see it on facebook is Charlottesville City Hall is the handle. Because this is a recorded event, during the q a portion of the event, please raise your hand and a volunteer will come to you and give you a microphone before you ask your question. So, a couple more logistical issues. Please silence your cell phone at this point in time. However, we encourage you to tweet about the eve
To get through pertaining to this event, so first we want to thank the city of charles bell as a sponsor for this conversation and for hosting us. This program is being broadcast on the citys government Access Channel on tv ten and streamed live on the Facebook Page so if anyone is listening or watching at home and wants to see it on facebook is Charlottesville City Hall is the handle. Because this is a recorded event, during the q a portion of the event, please raise your hand and a volunteer will come to you and give you a microphone before you ask your question. So, a couple more logistical issues. Please silence your cell phone at this point in time. However, we encourage you to tweet about the event using the hash tag vabook2018. So by all means, take the lessons youve received from the authors here and share them with people. You should have received program evaluations. Fill these out before you leave, please. They will be useful to help keep the festival free and open to the pu
As some economists said is shutting down an entire economy and killing livelihoods will really save lives . Coming up fda commissioner dr. Steven hahn is here on the race for a Coronavirus Vaccine and the treatment along the way and why the fda continues to allow our most critical drug to be manufactured in china, and also ahead, he was dubbed americas mayor for his leadership after 9 11, former new york city mayor Rudy Giuliani is here, under the big apple is ready for the peak of the virus, this week. We will also hear from the man who predicted back in january, former white house chief strategist steve bannon is back with me and why the u. S. Only has 30 days to defeat coronavirus and how to do it plus, georgia congressman doug collins is here addressing the latest fisa scandal and a status check in georgia all that and more as we look ahead on sunday morning futures. Maria and right now, as we speak, scientists across the country are racing against the clock to develop a Coronaviru
At this. Look at the market this morning. We are going to be down today, of course that follows an enormous 20 rally in the last three days. Perhaps investors are upset with the delay in the stimulus vote. Perhaps theres some profit taking after the explosive rally. The dow will open this morning with a loss of around 700 points. The s p, down about 200. The nasdaq off about 82. A decline at the opening bell. President trump, he wants to get the economy back up and running again as soon as possible. He has a plan to divide counties by risk, high, medium and low, depending on medical conditions. Some of those low risk counties may be able to bring some people back to work early. Today on this program, i will ask Vice President pence about the president s plan. Thats in our 10 00 hour this morning. The news on the virus itself, the United States has now more cases than any other country in the world, assuming you can believe the numbers coming out of china. Spain recorded 769 deaths in t