Its selfdestructive. Its disrespectful to other people. Also this morning, the e. R. Doctor on the front lines who made headlines on facebook with that dramatic plea for action for his fellow americans, he will join us live. No deal. That massive trillion dollarplus relief bill stalled amidst partisan divide in congress over which individuals and business should get aid, under what conditions. Will it be enough to address the economic emergency . Europe on the brink. Cases exploding in spain, fears it could be the next italy. Italian hospitals so overwhelmed, doctors warn care for anyone besides covid19 patients has all but stopped. Safe at home. As millions of americans do their part adjusting to quarantine life, finding creative ways to get together while staying apart, from nascar stars iracing to the huge Virtual Dance Party joined by to Janet Jackson, the massive show of stayathome solidarity. Islands in the stream, that is what we are and celebrating the life of kenny rogers. The
Most confirmed cases of coronavirus around the world major developments giving investors something to be hopeful about. We need it well have more on that in just a moment i wouldnt mind seeing some w who der hors doeuvres behind you. Its cozy and homy i feel better already. Well have happy hour on friday. Crude oil crashing below 20 here its a problem for the energy complex. Overall its a bit more advancing stocks and declining stocks were not far from the highs today. This time exactly last week we were 34 off the historic highs. We hit february 19th that was the bot too mantom. A lot of people thought it was the bottom and we got smacked in face or prid we have seen lower volume on the day. Weintraday ranges. The vix has dropped below 60 im not saying its over im saying the market is acting a little calmer today than recently great news from abbott about a potential 15 minute test exxon is flattish today. Boeing, i cant describe it. It was 97 at the end of the week now its 140 it has
In times of crisis, and with the dow plummeting another 1338 points, s p plunging 5. 8 and nasdaq down 7. 0 were in a doozie of a crisis you simply could not do enough to help make things better our government should always error on the side of doing too much in these situations because you dont beat a pandemic by thinking small not unless you get very, very lucky. So far we weve been about as unlucky as it gets everything is going wrong at once in terms of being constructive let me tell you what i think needs to happen to stop the tsunami of selling in your stocks in your portfolio when i say we need to think big, i mean huge, it was terrific to see a bill pass the senate with massive bipartisan supreme copo that help the cause. The government has said that bars and restaurants should close down payrolls a payrolls hotels, airlines 59 billion, all jobs are in danger and many are already gone we need to write checks directly to the workers we cant afford to tear the fabric of society b
County has by far the highest number and san mateo with 20 cases. Meantime the remaining passengers onboard the grand princess cruise ship have landed in san diego to begin their quarantine. The grand princess cruise ship is staying at the port of oakland until sunday. Our Live Team Coverage is coming up. Right now we want to take a live look outside in San Francisco. And look at that radar as well. Rain is set to move into the bay area this weekend. Kari hall is timing it all out for us. Good morning. Were seeing that storm system to the north of us and that is what will be moving in as we go into today. Well be tracking another storm system that will be here as we go into the middle of next week. So a couple storms moving our way and were starting out with a mostly cloudy sky in parts of the bay area, but this is tomorrow morning we start to see the scattered rain moving in and well see some off and on showers that gets heavier as we go into late morning into the afternoon when it be
Nationwide as its death toll reaches 514. 00. In sport the English Premier League is suspended and may not be finished 2 to coronavirus none of the 6 Club Officials have met in london all games are all some slight least the start of i will. Follow the u. S. President has declared a National Emergency over the coronavirus pandemic because the number of cases raises a cross the country donald trump described the next 8 weeks as critical to fighting the respiratory illness he said half a 1000000 coronavirus tests will be available as early as next week and urged every state to set up Emergency Centers to treat patients. To unleash the full power of the federal government that the separate today i am officially declaring a National Emergency 2 very big words the action i am taking will open up access to up to 50000000000. 00 of very importantly very important and a large about of money for states and territories or localities in our shared fight against this disease in furtherance of the o