The plunder me is accelerating. We can change. That try to get. The spawn to me. To when. We need to at times defiant us was aggressive and good to talk to us testing every suspected case isolating and caring for every confirmed case and tracing and prod and tearing and close on time. To solving this problem but he quietus political coming to me and political the nation. And the globe a little bit. Also coming up the pandemics social distancing in what it means for us when we want to reach for those we love the most tonight messages of the heart from the big apple my daughter came up. Im. I cant even really give her the embrace in the case that i want to give her this is all an unnatural end this story and. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with almost 2000000000 people staying at home and practically every country in the world now reporting cases of the coronavirus as a 2nd week of walk downs begins the epicenter of the p
Close contact. Solving this problem that he quiets political commitment and political the nation. And the globe a little bit. Also coming up the pandemics social distancing and what it means for us when we want to reach for those we love the most tonight messages of the heart from the big apple my daughter came up. Im. I cant even really give her the embrace in the case that i want to give her this is all unnatural in this story and. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with almost 2000000000 people staying at home and practically every country in the world now reporting cases of the coronavirus as a 2nd week of walk downs begins the epicenter of the pandemic has migrated from italy to new york state new york city alone has more than 20000 confirmed cases and the mayor today warned that hospitals will run out of life saving ventilators by the end of the week today the World Health Organization said the global tally of confirm
To back the bell and set to publish their own support program. Force johnson orders the u. K. Into a three weeks lockdown, sweeping new laws to breakup gatherings and fine any dissenters. Taylor meantime, i want to bring you some breaking news coming out of china. Their companies are having the worst quarter on record, according to china. The headline as it catches my eye, the economy has not gotten better as much as we thought they would be returning to work. It looks for the first three months of this year, a Quarterly Survey of all the firms, it looks like every individual sector was reporting worse results than originally thought. Saleswas a widespread in amid the harder hit retail sectors. The collapse in revenue and profit. Again, Economic Activity collapsed in february. This is as we knew that there was the massive virus spread that was going on. I think the key headline is Chinese Companies continuing to have the worst quarter on record. Every individual sector reporting worst
Every course on time. To solving this problem but he quietus political commitment and Political Support the nation. And the globe a little bit. Also coming up the pandemics and social distancing and what it means for us when we want to reach for those we love the most tonight messages of the heart from the big apple my daughter came up. Im. I cant even really give her the embrace and the kiss that i want to give her this is all true in this story and. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with almost 2000000000 people staying at home and practically every country in the world now reporting king says of the coronavirus as a 2nd week of walk downs begins the epicenter of the pandemic has migrated from italy to new york state new york city alone has more than 20000 confirmed cases and the mayor today warned that hospitals will run out of life saving ventilators by the end of the week today the World Health Organization said the g
The Federal Reserve announcing another program that primary dealer Credit Facility this is one of the biggest programs the Federal Reserve has yet to do. It is call the kitchen sink of lending programs it provides shortterm, overnight, and term funding up to 90 days for a broad range of assets i can tell you the kinds of assets that now primary dealers can bring to the fed to get funding. Investment grade corporate debt, securities, commercial paper, municipal securities, mortgagebacked securities, assetbacked securities, even Equity Securities excludeing etf. Bring us your poor, tired, hungry, weak the fed is saying bring us your paper, well, obviously, give it a haircut but well also lend it overnight. So now the fed, implementing almost all, still a few left of the financial crisis era programs from the Great Recession that had in place today. It put in place the commercial paper facility and has really long Quantitative Easing Program and bringing rates down to zero. What is left i