Warns of a major decline in asset prices if the pandemic worsens, also saying commercial real estate could endorse , and flags stress risks with regard to financials. We are going to dig deeper later, but this is quite the yearly report. The main headline here is that there is a major decline in asset prices. Also crossing the wire right at, march investment inflows 350 billion. 349. 9 if you want to be precise. Still with us is the Capital Markets u. S. Equities strategy head. Lori, when we get past what weve seen in equities, can you talk to me about what we are seeing in the treasury market, specifically with some of the expectations we saw late last week that the fed might have to go into negative territory with its nominal rates. There is still this concern that given the fed support and the trajectory of the economy that some sort of near zero if not below zero rate policy may be in the cards. What do you make of it . Negativeonomists think rates are unlikely at this point. What
Dr. Jon lapook and Jill Schlesinger coming up. But well look at this outbreak and earlier epidemics, parallels that have americans with long memories thinking,weve been here before. Rita braver reports our cover story. By late fall, 1916. Reporter long before covid19, there was another virus that terrified americans. What were your symptoms . Sh high temperature, pain, headaches. About five days into it, i was delirious, i couldnt stand up. Reporter ahead on sunday morning, what we can learn from the race to conquer polio. Pauley actor Henry Winkler has come a long way since those happy days as the fonz, thstng times,s winw t tracy smith. Reporter i hope this is doesnt disappoint, but Henry Winkler at home doesnt dress like the fonz. So this isnt just for us . You wouldnt normally be in your pajamas . I might. Reporter later on sunday morning, a visit with Henry Winkler. Pauley you might call the outlook for a new house of per performers mainly sunny. They usually have stages and live
Quarter. We are down 1. 4 on the s p. Weve got a big show coming your way well speak with the ceo of hologic which says its new coronavirus test could help increase the countrys Testing Capacity and a massive afternoon of earnings. Apple, amazon, gilead, visa and whirlpool. And an exclusive interviiew when i will pools ceo. Michael tracking the market on this final day of the month. Courtney has a strategy update for macys and julia is watching big moves for media stocks mike, start us off with the market down day, but big up month and a big five or six weeks since the market low take a look at the s p this is a twoyear this was a 35 drop on intraday basis. To yesterdays high, it was a 35 rally off that lower level so very sink niehaus in that way. I also point out that right around here, 3005, people are talking about how its gained more than 60 of the overall point losses that has some significance its kind of a may period. Seasonals get weaker and yesterday was kind of a big headlin
I should have researched. Im not sure it was thats what i said when we talked on thursday, but im not so sure about that. Do you know who Scott Galloway is . I think it has a lot to do with bro culture, and i think that is its a lot more nuanced than we think. And i think its a lot of people who are online trying to get rich quick. Mmhmm. That whole, like, against the man thing. I think thats a great narrative to spin. Im not exactly sure that is what it is because as we know, listen, you used to work in finance, didnt you . Mmhmm. You know everything is its going to go back to the fundamentals no matter how hard you try. To a certain degree. Im just worried about when that happens. There are going to be very few people who are going to get rich quick, right . Most people are going to lose money. Look, again, thats the game. Yeah. And it is a game. Im just worried about this particular dynamic because weve never seen anything like it before at this scale. And, you know, i had portnoy o
Vornado, Regency Centers and kimco down 40 this year on growing concerns about their tenants ability to pay rent as most nonessential retail remains shuttered across the United States back to carl eric, thank you very much good morning welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt is back after a week off coming to you live from separate location. Major averages off of the morning lows dow was down 500, now down half of that. A big week of earnings, ibm tonight, netflix and others in the days to come and then, jon, oil is a major story as the front month contract does expire tomorrow. It is thats had a big impact on the markets overall. Im looking at all kinds of retail and ecommerce as well, making some strong moves in the past when i was off and over the past month as well, guys that is where well start this morning. Lets bring in heath terry, Goldman Sachs internet analyst good to see you. Yeah, good to see you too, thanks, jon. So as i was just sayi