Weakness. We had massive Dollar Strength in the last few weeks, given the funding issues, and everyone just wanted hands on dollars. The fact that that is easing a little bit could give us some hope that may the funding issues have worked themselves out. What is not working out is big tex. I was innto this year, san francisco. You had rbc saying google, facebook, top calls for the year on ad spending. It was an election year, the olympics, it was all going to be a huge advertising year. As we know, the olympics were delayed. Facebook coming out and saying they are seeing a big uptick in usage of whatsapp. The demand for news is there, yet it is not translating into ad sales. The first thing you cut when things are tough is discretionary spending, so firms are starting to pull back on some of that advertising revenue. That is why youre getting at uptick in usage, but it is not translating into sales. I wouldnt be shocked if we got a lot of analysts revising after the olympics are delaye
Student loan payments are moved too far away. Suspended and interest is set to it will keep us with the rain zero during the next two months. Chances going at least into this the u. S. And mexico have evening, possibly into tomorrow as well. But the overall trend will be agreed to suspend nonessential for things to dry out. Travel across the southern if you have the nbc bay area app, you can actually get border. That means that anyone who tries alerts, if theres rain to enter the u. S. Without proper documentation will not be let approaching your location. Youll need that, especially on in. The restrictions are similar to sunday when the next storm those put in place earlier this system comes in. We can see that here as we get a week between the u. S. And canada, something the president wide view of the satellite and highlighted in todays update. Put a big arrow on there furthermore, mexico is taking pointing out that storm that will be making it in as we go action to secure our own to
Been seen in a long time. Our question for you this morning do you have money in the stock market . Are you buying or selling . Does the coronavirus have you worried about your Retirement Funds . We are opening up special lines. If you have money in the stock market and youre concerned about the coronavirus, or not, if you have money in the stock market we want to hear from you. T 202 7488000 if you do not have money in the stock market but still worried about the economic situation, or maybe not, maybe you have your money somewhere safe. We want to hear from you at 202 7488001. You can always text us your and we at 202 7488003 are always reading on social facebook. Witter and the New York Times has a story on the front page that deals directly with this issue and we are going to read a little bit. There is nothing investors hate more about uncertainty. That is all there is. Uncertainty about the severity and duration of the coronavirus epic ripping around the world. Uncertainty about
Background. I am not a physician but i happened to spend three years researching and figuring out where our medicines are made and it is a shocker about how dependent we are on china for so many of our drugs. You are also an advisor at the Hastings Center. Tell us about what the Hastings Center is any the type of research you do. The Hastings Center is a think tank and we do a lot of and on ethical issues availability of good medicine is one of those. Lets talkut about coronavirus. Everybody is talking about coronavirus. Tell us your assessment of the coronavirus right now. Do have an issue with coronavirus cases popping up around the country and we have to be careful, do all the things we should do, wash our hands, not go out if we are sick, lets hope that it passes quicker and we can get back to normal life again. The subject of your book is china makesct that a lot of the medicine. Wesley the ingredients to make them. They have a global chokehold. We have a global pandemic, and now
Gibson, t. First of all, thank you for being with me again. Its great to see you again. First of all, tell us about your medical background. Im not a physician, but i happened to spend three years researching and figuring out where our medicines are made. Its a real shocker. How dependent we are on china for so many of our generic drugs. You are a Senior Adviser at the Hastings Center. Tell us about what the Hastings Center is and the research you do there. The Hastings Center is a bioethics think tank. We do lots of work on ethical issues and certainly availability of good medicines is one of those. Tell us about your assessment of the extent lets talk about coronavirus first. Sure. Everybody is talking about coronavirus. Tell us about your assessment of the extent of coronavirus right now. Well, i dont want to scare people. We do have an issue with coronavirus cases popping up around the country. We have to be careful, do all the things we should do, wash our hands, not go out if wer