Louns lou announced he is stepping down from his ceo role. And scott minerd will tell us why he doesnt think investors should be buying just yet. We have josh here welcome back to you. Interesting dichotomy setting up in the market. The stayathome stocks versus the gooutside pelaton was just hit on power lunch and netflix, zoom, are all outperforming and the goout stocks, the restaurants, the ubers are all getting hit. Theres the pocket of green there. Yeah. Look at live nation they do concerts. Yeah. Theyre thinking people are not going to go out if and when coronavirus comes here in bigger numbers. So the thing with that is that the danger with that is buying into a narrative because the narrative could be popular for two days and then all of a sudden it goes out of favor and people are like what was i thinking why do i own this stock . Because i think people are going to sit home . However, i do own zoom and another name thats been ripping, teledoc this is virtual doctors visits im
The tape that 83 people in long islands Nassau County are being monitored now for exposure to the deadly coronavirus. Now weve got multinational corporations today from nestle to ericsson asking employees to work from home or skip traveling all together. The dean of the Miami Business School who ran the China Europe International Business School is here in a fox business exclusive on how he sees the economic and business spending impact affecting some of the stocks you own. Our power panel is here as well to tell you whether you should buy china during this outbreak. Yeah, there are some chinese stocks you should be scooping up. Plus disney investors asking themselves how a low profile dark horse executive suddenly grabbed the reins of the mouse house. We are about to tell you how he did it. It is a classic tortoise and hare story. Wait until you see what the hare brings to the csuite. Plus, bitcoin dropping below an important key level. Luxurious stock picks to make now. And charlie b
D. W. What secrets lie behind the swamps. Discover new adventures in 360 degree. And explore fascinating World Heritage sites. T. W. World heritage 360. 00 get the map now. Could a spreading coronavirus force the e. U. To ditch its budget rules with case numbers growing in italy germany and spain board Member States are considering taking on board debt to drive the fight against the disease. Also on the show buyers says its chairman is stepping down early as the Company Continues to wrangle with tens of thousands of lawsuits over the we kill a round up. And cash strapped cuba begin selling used cars if only average cubans could afford them. This is your Business Report im stephen beards in berlin its good to have you with us taurus numbers are down and concerns are rising across europe the spread of the coronavirus is already hitting economies across the continent many of them dependent on Chinese Tourists who havent been coming for weeks now with local cases of the virus also on the r
Average cuban could afford them. This is your Business Report and im Stephen Beers in berlin its good to have you with us tourists numbers are down and concerns are rising across europe the spread of the coronavirus is already hitting economies across the continent many of them dependent on Chinese Tourists who havent been coming for weeks now with local cases of the virus also on the rise in italy spain and germany more governments are considering debt heavy stimulus packages a top e. U. Official has now signaled approval. The eiffel tower is a must for tourists visiting paris afterwards they might go on a shopping spree normally theres a long mine in front of the Louis Vuitton store on the show said easy but not today the economic effects of the coronavirus can be felt in this Duty Free Shop as well. And you know business is bad 60 percent of our customers come from china that means 60 percent less business doesnt want brussels made no prognosis on wednesday about how strongly the e.
Exchange this is epic as well why do you get squawk box specific mugs. I dont think we have that on closing bell. You think your set down at the ant kuwaited New York Stock Exchange the whole Stock Exchange is our tv set. The whole future is nasdaq. Its moving forward. The specialists, the middle man. You want to be here, my friend its a lovely new set. It is. I wonder how much these costs, these mugs. I love the New York Stock Exchange we love both. Just kidding we do get territorial once in a while. Im glad you like our new sets and our mugs dont take that with you treasury yields this morning, i looked 190 on the ten year recession fears have faded trade concerns are so 2019, i think. Arent they . Theyre just so 2019 the dollar. Thats supposed to weaken im doing another show today exchange. So am i. Closing bell. Thats your normal show what happened over the weekend . U. S. Military carried out precision defense strikes in syria against a Militia Group following a string of attacks