Global cases nearing 1 million desire statistics there. Indeed, there are theres been plenty of late. Weve got great guests coming your way including Mike Novogratz on where hes seeing opportunities. Well also speak with the ceo of pa tell, the ohio company thats just received approval for its technology to sterilize medical masks. But the big stories were watching this hour mike is here to break down the latest market moves. Brian sullivan has the late isest on oil and energy. A role eler coaster ride kayla has new details on the relief checks due to americans and bank of americas Michelle Meyer is here with us to tis cuss the sobering jobless claims numbers, but mike, you on the markets. T. Obviously waivering after the early day rally. Take a look at where it leaves us here. It seems were settling into a trading range. Well see if that holds. People can throw out these levels that might matter ta tactically the market has traded technically, just because we are in a bit of a vacuum
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
Jobs since 2009. The Unemployment Rate rose to 4. 4 . However, on mornings with maria this week, i spoke with the former president of the atlanta federal reserve, and he told me that the Unemployment Rate is much closer to 10 than 3. 8 given we did see. 6 million Unemployment Benefits this past week. Joining me now to discuss the backdrop and the markets and investing around it is the alpha one Capital Partners Founding Partner dan nice. And, dan niles, and it is good to see you. Were going to get into the health part of this and, of course, what corporations are doing, including 3m, but i want to ask you about these markets. How would you look at the jobs numbers and your expectation in terms of when things might come back . Sure. I mean, i think thats really the key to the market, is jobs. As you pointed out earlier, you lost 3. 3 million jobs two weeks ago, then the most recent week you had 6. 6 million. And the funny thing is that as you get into april and may, thats when corporati
Difference. Its friday, march 27th, 2020. Heres todays eye opener, your world in 90 seconds. We have tens of thousands of cases. This is a pandemic that we havent even seen since for over 100 years. Unthinkable just weeks ago, the u. S. Has more confirmed cases of the deadly coronavirus than any other country in the world. Its a tribute to the testing. Were testing tremendous numbers of people. The house expected to follow the senate in passing a 2 trillion stimulus package designed to address the coronavirus pandemic. Well have debate, and then well have a voice vote. U. S. Markets rallied yesterday. The Third Straight day of gains. The most hideous jobless claims number in history, this is the best threeday run since 1931. Nichololas maduro has been charged. R. Kelly is asking for a judge to release him from jail because of the covid19 outbreak. A new york doughnut shop is honoring dr. Anthony fauci trying to help america through the coronavirus pandemic. And all that matters. Hello,
The crisis saying overnight he thinks some governors are overestimating the virus and the number of ventilators needed. And our latest poll this morning, how americans think the president is handling the crisis. High sea outbreak. At least 23 sailors now in isolation on a u. S. Navy Aircraft Carrier after testing positive for covid19. 5,000 aboard the Aircraft Carrier about to undergo testing. The hidden faces of the crisis across the country as so many families are forced to care for their loved ones where they live. Not being able to hug your mom is, like, horrible. What you need to know about keeping your family safe at home. This morning, the u. S. Surgeon general joins us live. Game changer. Saints quarterback drew brees scoring big for louisiana, pledging 5 million to help feed children, seniors and families as corona cases spike in the big easy. The nfl superstar joins us this morning. And the lab on the front lines comforting the doctors and nurses working tirelessly to fight c