Points. As the pathogen makes its first appearance in new multiple countries and at this hour, on the canary islands, where 1,000 people are on lockdown at a luxury hotel, the centers for Disease Control saying an outbreak of the deadly virus in america is now quote, inevitable. Health and Human Services secretary alex azar warning we do not have enough masks and ventilators to handle an outbreak. Coming up, medical experts and reporters are at the ready to handle every breaking angle. The surprise chinese stock thats spiking right now, the two u. S. Banks telling their employees to stay away from italy, and talk that the olympics could be canceled. Less than an hour to the closing bell in this final hour. Lets start the claman countdown. Liz we have this breaking news thats not getting enough attention. We are going to give it attention. Even as u. S. Airlines shut down service to china, look at the dow jones transportation average which includes airlines, railroads from norfolk and K
Health and Human Services officials held a briefing earlier today to provide an update on the federal governments response to the coronavirus outbreak. During the briefing, h. H. S. Secretary alex azar said the immediate risk to the general American Public remains low. But as we have warned, that has the potential to change quickly. This is 45 minutes. Good afternoon, everyone. Thank you for joining us here today. This is the h. H. S. Briefing on the china coronavirus and we aim to do two things today. Provide the American Public with an update on the risk presented by the virus, and provide the latest update on the actions that president Trumps Administration is taking to respond to the outbreak and keep americans safe. Mr. Azar im joined today by the Principle Deputy Principal Deputy director for the centers of Disease Control and prevention in atlanta. The National Institute of allergy and infectious disease. Dr. Kadlec, h. H. S. s assistant secretary for preparedness and response,
Of allergy and infectious diseases. This is 40 minutes. Good afternoon, everyone. Thank you for joining us here today. This is the h. H. S. Briefing on the china c secretary azar good afternoon, everyone. Thank you for joining us here today. This is the h. H. S. Briefing on the china coronavirus and we aim to do two things today. Provide the American Public with an update on the risk presented by the virus, and provide the latest update on the actions that president Trumps Administration is taking to respond to the outbreak and keep americans safe. Im joined today by the Principal Deputy director for the centers of Disease Control and prevention in atlanta. Dr. Anthony fauci of the National Institute of allergy and infectious disease. Dr. Kadlec, h. H. S. s assistant secretary for preparedness and response, and the commissioner of food and drugs. Contacts with those travelers. We have three cases as of this morning, we still have only 14 cases of the china coronavirus detected here in
Good afternoon, everyone. Thank you for joining us here today. This is the h. H. S. Briefing on the china coronavirus and we aim to do two things today. Provide the American Public with an update on the risk presented by the virus, and provide the latest update on the actions that president Trumps Administration is taking to respond to the outbreak and keep americans safe. Mr. Azar im joined today by the Principle Deputy Principal Deputy director for the centers of Disease Control and prevention in atlanta. The National Institute of allergy and infectious disease. Dr. Kadlec, h. H. S. s assistant secretary for preparedness and response, and the commissioner of food and drugs. As of this morning, we still have only 14 cases of the china coronavirus detected here in the United States. Involving travel to china, or close contacts with those travelers. We have three cases among americans repatriated from wuhan. And we have 40 cases among american passengers repatriated from the diamond pri
Of maniacs who invest in the stock market nasdaq, declined. 22 , you got to remember that rising bond yields like we got today and much of this past week, make investors feel more confident about the economy. When you see the yield in the benchmark moving higher, it makes you feel like we can avoid a recession. Regular viewers know i think the fears about recession are overblown. If anything, we have had a mild slow down. We could reaccelerate if the Federal Reserve keeps its strategy of cutting rates. Why didnt i buy the argument the recession, because their whole thesis was about the bond market itself. Remember the inverted yield curve when long rates went before short rates, they told us that was an infallible sign of slow down. I thought it was a false tale. I told you that. Treasury yields, our rates are so much higher than the rest of the developed world. You had tons of foreign money flooding our bond market pushing prices up and yields down. Now the smoke is cleared, and its f