Welcome to the more than 1,000 registered attendees at this jackson virtual discussion forum. This is the fifth of these discussions. These discussions have tapped the Exceptional Leadership in knowledge that resides in the jackson network. Today is no exception. All of our panelists today are senior fellows who teach here at yale. Our moderator today, secretary john kerry graduated from yale, and like jacksons founder, john jackson is joining us today, secretary kerry, john kerry at time, left new haven to serve in vietnam. He then served more than two decades in the u. S. Senate before becoming the 68th under ry of state president obama. You probably know all of that, but what you might not know is that secretary kerry continues to pay it forward, helping to train the next generation of leaders here at the Jackson Institute and across yales many schools. It is my pleasure to welcome secretary kerry. This time, secretary, perhaps ou might offer some initial perspectives on how you ass
Good evening, everybody. Im bradley graham, coowner of politics and prose along with my wife, lissa muscatine, and on behalf of her but here welcome your think you very much for coming. We are very y pleased to have pl richter with us here this evening. Paul and i crossed paths a lot when i was a journalist with the Washington Post covering the pentagon and he was reporting for the Los Angeles Times based in washington. Over several decades paul wrote about National Security and Foreign Policyy on both the pentagon and then the state department beat come and heal other important assignments for the times before leaving the paper about four years ago. Paul was seen as one of the journalistic prose of reporting in this city on National Security affairs and in his new book, the ambassadors, he applies his Extensive Knowledge of americas National Security establishment to highlighting the valuable roles played by some veteran diplomats. He singles out four in particular, ryan crocker, robe
Not a surprise if you look to see whats happening with the shutdown of the economy, the forced shutdown because of coronavirus. Taking a look at the tenyear this morning, it looks like that is yielding about 0. 735 at least on the last time i looked at the boards it was. And then wti is the other big story today. Joe also mentioned opec plus deal it was an historic one opec and other nations agreeing to cut Global Oil Production by onetenth. Well talk about this in a few minutes. Wti is up by 1. 5 to 23. 11 a barrel. We have a huge lineup of squawk newsmakers including Mohamed El Erian, Richard Preston and dr. Scott gottlieb starting in a few minutes. Andrew thanks, becky hope everybody had a great weekend. Lets bring everybody an update on the pandemic. Of course, the number of confirmed cases in the United States now more than 557,000 and the death toll is more than 22,000 there are 190,000 cases in new york state with more than 9300 deaths that means new york alone has reported more
Me jimcramer. I have to be honest with you, we could be on the verge of a depression, not a recession, a depression if things dont go right. Worst monthly report since 2009. 700,000 jobs lost and that doesnt even cover the last two weeks where we had 10 million jobless claims the bad numbers are just beginning, which is why the averages got hit today, dow losing 361, s p 3. 1 , nasdaq falling. It could have been worse earlier in the day, it was bad this is going to be a brutal period if we handle things right, it will be a short depression i would call it a decession or a repression but the first sounds silly and we dont want a repression can we have a mini depression . Were in unchartered waters. I hope so. Still, i think were making Real Progress in the economic front today, Small Businesses applied for hundreds of billions of dollars in loans that will allow them to stay open in a tough period and the government will forgive those loans if you pay your workers full disclosure i appl
Thank you, guys. Okay. Alex gorsky from j j, appreciate it well be back tomorrow cnbcs special coverage continues right now. Good monday morning welcome to squawk on the street, im Carl Quintanilla with jim cramer and david faber. Coming to you live from separate locations even on set as we practice social distancing futures are stable to start the week as the president extends those social distancing guidelines to april 30th j j, as you just heard, announcing a lead candidate for a covid19 vaccine a lot of people were astonished that the futures, just at the moment when the president said, look, we have to extend things. Take away that april 12th deadline, it will go all april at the very moment we saw the futures start reversing. I think this is a day, dont know how much more, a day where science trumps the pain and the disaster frankly that is covid there have been many, many days weve come in and science has been playing catch up game today it sounds like science is on target. List