Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt at post 9 of the New York Stock Exchange giving back about half of yesterdays relief rally as breadth remains poor and the volatility continues and we are going to begin this morning with todays market selloff stocks remain volatile, the dow falling sharply after yesterdays gains, and thats the coronavirus concerns that continue to ramp up. Organizers around the world canceling conferences an trade shows over the outbreak. Ibm joining Companies Like facebook and google in canceling their own events yesterday evening whul others like apple and netflix have pulled out of conferences that are for now still moving forward like south by southwest were joined by Jeff Richards of ggb capital and j. J. Kinehan of td ameritrade. Good morning good morning, jon j. J. , first, what do you make of this volatility, the Market Reaction especially given weve been through months and months of trade concerns that didnt lead t
Freedom fest. When we were teenagers we would be on about the and we would lie on our sleeping bags talking about economic and political theory when we were told for 13yearsold which is unusual but weve always had an interest. And his brother and i later became leaders during the vietnam war era. I have a Rich Heritage as do all of us. There is a year old in the top that shows my 11th grade grandfather william just before they boarded the mayflower before they came to america. He was the lead of the pilgrims and it shows him holding the bible open and there is other people hes looking out and on the floor is the musket. I thought this is symbolic to the word of the scriptures calling for divine guidance and even a willingness to defend themselves if necessary to protect life, liberty and their family possessions. My fourth grade grandfather fought with George Washington the entire eight years of the revolutionary war of which i am very proud of my heritage. Sacrifices were made for us
Pilot. I grew up with the founder of the freedom fest and we had a unique upbringing one where we werwould teenagers out on campot in the woods fishing and hikingg it lay in our sleeping bags looking up at the stars talking about economic and political theory when weaver 12 and 13yearsold which is unusual. [laughter] but weve always had an interest in hosting is. Later on we became aviators during the vietnam war era. I have a Richard Jones to all of us in america. There is a mural in the Capitol Rotunda in washington, d. C. At the top, a beautiful mural that shows my elephant greatgrandfather on the ship just before they boarded in a flower beforthemayflower beforeo america. It shows him holding the bible open editors of the people within. On the floor of the ship is a musket and a helmet and i thought this is symbolic in that their reliance is through the word of thword of the scriptureg for the divid divine guidance aa willingness to defend themselves if necessary to protect life, l
Everyone worries about food prices and who bears the brunt. Theres a lot of evidence that concentration and Food Supply Chains contribute. As a result the federal trade commission have brought cases ranging from investigations into pesticide manufacturers, Food Distribution processing restaurants as well as Grocery Store retailers. Today the panel will focus on potentially anticompetitive conduct and mergers up and down. The Senior Advisor for the fair and competitive market agriculture and the Deputy Assistant the department of justice and the chair of the commission in india and chief of the antitrust division for the attorney general. To get ourselves started, i want to start with this toplevel question. The covid19 pandemic taught us some hard lessons about the importance of resilience in the supply chains and so i would like to start with a broad question of now post pandemic what are your jurisdictions focused on. In the last six months to a year we filed suit against a company t
Everyone worries about food prices and who bears the brunt. Theres a lot of evidence that concentration and Food Supply Chains contribute. As a result the federal trade commission have brought cases ranging from investigations into pesticide manufacturers, Food Distribution processing restaurants as well as Grocery Store retailers. Today the panel will focus on potentially anticompetitive conduct and mergers up and down. The Senior Advisor for the fair and competitive market agriculture and the Deputy Assistant the department of justice and the chair of the commission in india and chief of the antitrust division for the attorney general. To get ourselves started, i want to start with this toplevel question. The covid19 pandemic taught us some hard lessons about the importance of resilience in the supply chains and so i would like to start with a broad question of now post pandemic what are your jurisdictions focused on. In the last six months to a year we filed suit against a company t