sort of race to come up with an alternative. this happened during sars and ebola. this is sort of a pattern we see with anything connected to any potential cures or vaccines that run-up in advance of one being found or solution being found. meantime, stuart also pointed out, you have three chinese cities, totaling better than 17million residents. that would be new york, chicago in a lock down. you can't get out of those cities. imagine. that is unprecedented. certainly unprecedented in chinese history. jonathan serrie has the latest. reporter: neil, two additional cities they're imposing quarantine measures are on close to the city of wuhan. the measures are similar. wuhan is city of 11 million people. the airport and train station are closed. people are steering clear of large public venues like movie theaters and cafes. this coronavirus was traced to live animals sold for food at a wuhan market but the virus appears to spread from human-to-human. chinese health officials confirm, 500 cases and 17 deaths in that country. >> having a strong action not only control the outbreak in their country but they will also minimize the chances of this outbreak spreading internationally. reporter: health officials in washington state are closely monitoring 16 people who had close contact with a man in his 30s who became ill after returning from central china. the first u.s. patient with the coronavirus is reported in good condition and remains under quarantine at this hospital just north of seattle. neil, a spokesperson for lax airport tells us that an arriving passenger on a flight from mexico city was identified by representatives from the cdc and the local health department and taken as a precaution to a nearby hospital. this lax spokesperson was not able to elaborate on the symptoms that this passenger was exhibiting or what type of illness this passenger had but lax is one of five u.s. airports undergoing enhanced screening of international passengers as a result of this coronavirus. neil? neil: jonathan, thank you very, very much. we want to let you know in a city of about 7 1/2 million people added to that lockdown list of cities in china. that you can't get in or out of. we are told right now they won't let long distance train or buses run from or two the urban center. and that the shutdown of public transportation will go on indefinitely. so i don't even know if it is possible for those who work within the city to get to work. gordon chang is with us. a lot of what we're looking at, gordon knows very well, are on data the chinese are providing given the fact that their record on providing economic data is a little specious. can we trust what they're -- we're hearing here? good to have you. the 650 infected by this or infected by this coronavirus and at least 17 reported deaths, others put it upwards of 20 deaths, do you buy that, that this is largely coming from china? >> by no means, neil. those numbers are underreported. for the last four or five weeks we've been hearing numbers of cases of people, people who have the symptoms are being turned away from hospitals. people who have the symptoms are not being admitted to hospitals. neil: why? >> because no one wants to report bad news. so -- neil: it will be worse news if they're not treated. >> of course that is common sense but that is not the way chinese system works. so also you have people who have the symptoms, who had been admitted to hospitals they're not classified having the coronavirus. they say, they quote, unquote, lung infections. when they die there is no autopsies and bodies are cremated immediately. in one case where someone admitted with a lung infection had a funeral, the family couldn't go to the funeral parlor. guys with hazmat suits were cleaning up the parlor after the body was taken away. this is much bigger than those numbers indicate. neil: is it as bag -- big as sars in early 2003? this that case, 8,000 cases reported, better than 800 known deaths and back then authorities were very reluctant to update those figures. only learned then, actually a couple years after the fact. >> right. china right now, you know, clearly is in a case where there are many more cases. so those numbers really don't make sense. people in china, virologists say sars is 1/10 of what this will be? neil: really? >> 80,000 cases perhaps. maybe 7,000 or so deaths worldwide. sars killed people in 37 different countries. neil: that's right. >> this is going widespread. neil: this is global issue. if they're doing that, no indication to confirm what they're saying i trust your connections, the fear with sars and ebola after that was that we don't appreciate the magnitude of something until it is too late and by then people have traveled all over the world. we have a case in seattle. one potentially in los angeles. one in singapore. i think now up to 18 different countries. i'm wondering at what point do world health authorities seize on this, and demand more from china? >> it should have been long ago. yesterday when the world health orgization refused to go forward with a declaration worldwide i think that is certainly a mistake. neil: they might change that. a category 3 warning to travelers be careful. but this is also the lunar new year, all of that. a busy time for asian travelers, what do you think happens? >> yeah. the golden period what they call this two weeks long holiday starts tomorrow. so every day means lives, neil and we know that china's not telling the truth. w.h.o. news mow that. so just that fact alone means that they should have declared this emergency a long time ago and deferring it to today, that is just a mistake. neil: so, when we get data that comes in, obviously there is, i guess up to a week incubation period you're coming from china under these points, you might not exhibit any of the signs but a few days after you get here or anywhere outside of china, then you do. then it's too late? >> we don't know the incubation for this coronavirus. could be as few as two days. could be as many as 14. there is so much unknown. neil: when do they stop you, gordon in an airport? if you have a temperature, right? if you exhibit any signs, there obviously very much interested checking you coming from china, if you don't exhibit the signs you don't exhibit the signs. >> they stop you only if you're symptomatic. you have to remember at lax where they have the family under onization, it receives 40 to 60 passengers a day from the wuhan area. that is one ear port in the u.s. people are fleeing there because of the panic, many of these people are carrying the virus in all probability. just that they're not symptomatic. we have really good health care system. cdc has been almost perfect on this. nonetheless there will be cases in the u.s. in all probability. neil: gordon chang, thank you very much. right to gordon's point, i want to let you know china's provincial health authority, a patient infected with the coronavirus has in fact died. this is the confirmed death outside of the province where the outbreak began. to gordon's point, this could be spreading originally beyond the area where it was reported, does mirror sars, to lesser degree ebola virus. i do not mean to connect all of those, just the way it is rolling out does seem to bear that in mind. commerce street capital and ceo and president. dory wiley. it never fails here, in environment like this stocks generally go down in the aggregate, we don't know how far this spreads or how worse this gets. we see predictable runup in biotech sector seems to be holding its own, those close to addressing this. play this out for me. what do you think? >> well you hit the nail on the head. the market hates uncertainty and hates fear. for, plays really well for investors that, just to kind of stay calm and pick your spots here. you know two concerns about that virus is, seems to be a twice the rate of sars and i've never heard in history of shutting down, 18, 20 million people on lockdown. so we'll see how that plays out. this will go on for a period of months. so it will create an overhang in the market. you know, it will affect travel. it will affect airlines. marriott, hotels, some things like that, i read where a piece of cabbage is already costing five bucks over there. we'll see how this plays out. at the same time there are other things going on in the market here where we have had risk-on for a while. a lot of good news, there is profit-taking a little breathing. it is almost as if it is giving the market an excuse to sell off here a little bit. neil: that is a very good point. i was saying the same thing. i don't mean to minimize this or mean to exaggerate what is going on in china here but it seemed to be a matter of finding an excuse to sell first. you can ask your questions later. one of the groups that kind of intrigued me avoiding this right now, for a while is bonds, or bond related or fixed income, particularly abroad where a flight to quality going on there, to the detriment of stocks. it is kind of a veered flight to quality. what did you make of that? >> well i thought it made perfect sense. if you have a lot of fear in the world where will you go? if you go to the dollar or u.s. treasury. it makes perfect sense for yields to trade down on uncertainty for me. neil: just the obvious because you're an encyclopedia, yields go down, bond prices go up. that is exactly what is happening here. happening globally particularly in china. not apples to apples. one thing i want to get your thoughts on, casino and hotel operators, they're the ones that seem to be getting the hardest hit as a group. i'm talking about wynn resorts with a big presence in macao. we have las vegas sands, anywhere down from two to 5% s that an overreaction? in the case of las vegas sands we're talking a very small percentage of activity over there but nevertheless getting hit hard. >> i think that's sector response, travel and leisure. neil: i think you're right. market as you see it in the aggregate, what do you think? >> i'm actually still moderately bullish. we have a lot of good numbers out there. we have wages going up. low unemployment, there is no reason why the market can't continue to have a nice year. we're moderately bullish, if you will. there are some sectors we think are overpriced kind of like 2000. some of the fang and technology sectors are pretty high. when you look at banking, banking record levels of capital, lows of leverage and compared to other sectors, low forward pes. makes different margins. there are places to play very attractive going forward. neil: my friend, thank you very much. calming words in historical perspective. of the not surprised i get that for you. thank you very much. even though none of this hit beijing, beijing canceled a number of major lunar year public events to be extra cautious. stay with us. you are watching fox business. this commute's been pretty rough, huh? it's great actually, i've been listening to audible. it's audiobooks, news, meditations... gotta go! ♪ ♪ hey! you know, i do think it's weird you've started commuting when you work from home. i'll be in my office. download audible and start every day off right. it's our most dangerous addiction. and to get the whole world clean? that takes a lot more than an alternative. so we took our worst vice, and turned it into the dna for a better system. materials made from recycled plastic - woven and molded into all the things we consume. we created bionic and put the word out with godaddy. what will you change? make the world you want. >> because of the impeachment hoax my poll numbers are highest they have ever been because it is a phony deal and the fund-raising for the republican party is by far the most, i mean the numbers are bigger than any numbers that we've ever raised. neil: all right. his poll numbers are not necessarily the highest they have ever been although they have been very strong in the face of all of this. nevertheless, in national polls just been taken he is underwater against some of his major opponents but in battleground states it is actually quite competitive. despite all the back and forth on impeachment he is more than holding his own. the white house is going to be pounding that theme. blake burman from the white house with more. reporter: president trump set to head to one of the battleground states today, florida, as the president leaves the white house two, 2 1/2 hours time from now. he is headed down to his doral resort in the miami area, to speak at the rnc winter meeting this is quarterly meeting the rnc has, a couple hundred of top republican members within the party, state party leaders, et cetera. the president going down there to talk to those top republican leaders. the last time the president addressed this gathering was two years ago, nearly two years to the day in 2018. that was as the midterm elections were ramping up then in 2018. but now the president is one on top of the ballot. so the president is going down to speak to republican leaders. when you look at the numbers, perhaps biggest number the campaign and the rnc points to is this one right here, $195 million. that is the cash on hand, essentially it is in the bank account to spend going forward over the next 11 months until early november 2020, that the trump campaign and rnc have combined together. earlier this week the president's campaign manager, brad parscale told bill hemmer, at this point they feel that president trump is in a much better position than candidate trump ever was back in 2016. >> he is so far ahead where he was in 2016 against clinton. he is so far ahead of these other candidates in fund-raising and in numbers and what we're going to do. and their policies are so far left the american people are not going to want them. reporter: you heard the president mention there he feels impeachment essentially is good for him politically. the president also says the campaign, neil, also says what is going on here in washington with the backdrop, with impeachment is good for them fund-raising as well as they have been able to fund raise off many people are seeing up on their screens up on capitol hill. neil? neil: blake, i'm throwing this without with you without any preparation but you always handle it with ease, is there any concern about these polls? they were wrong, so wrong in 2016 but given the economy, given the strong markets today, notwithstanding you could make a compelling argument he should be up by double digits. reporter: you could. neil: wonder if he is nervous about it or folks are there. reporter: two kinds of polls, there are a lot of different kinds of polls, let's break it down to two for argument sake. there is public polls you and me see. and there are private polls the trump campaign and team does internally. when i speak to the campaign, they are adamant, every sing time i talk to them down the line, their internal numbers are better than anything we see publicly. whether they are, whether they aren't, i can't see them, their name members, it is private. they are insist that numbers are better than pick a poll out of any grab bag or any day or month. neil: i have internal poll from i am the most popular newsman. reporter: 100% approval rating. that is the ticket. neil: thank you very much, my friend. house impeachment managers are set to resume their opening arguments t could go quite late. fox news contributor liz peek, stepping way back from all of this to get the big picture. looking at it all, first on the market reaction, this is all a china thing, maybe an excuse to sell, the whole coronavirus, very little anything to do with impeachment and that has been consistent. >> that is probably the only impartial arbiter of the mood of the nation, right? what investors are doing. neil: these people are betting with their own money. >> exactly. investors have absolute zero interest in impeachment, why? because they know the outcome. everyone knows the outcome. i said to you before, every step of the way it gets worse, adam schiff is telling the same story over and over again -- neil: 2 1/2 hours last night. >> 2 1/2 hours, i thought my mind was going to explode. there is no change in the outcome. there is not even now any new materials which i guess maybe why they want witnesses to spice it up a little bit. the result they have gone now to total hyperbole. adam schiff talking about how, this was such a dangerous thing president trump did because now we have to fight the russians there instead of here. if we didn't give the ukrainians these missiles. we can't trust the 2020 election now, oh, my gosh he subverted the process. i don't really think most americans believe that. neil: this is little weird, i don't know where you stand politically on this, i didn't hear many democrats say boo when president obama -- >> no. neil: did not respond to the russian invasion of ukraine, taking crimea. >> right. neil: there were sanctions and the rest, truth be told, let's be consistent. >> obama did not give acrimea. we did nothing to stop the takeover of crimea. i have to say during that entire time, people were arguing legalities of it, doesn't anybody care this nation taken over part of a sovereign nation? it was ridiculous. totally to your point, the answer we can't go backwards. americans want to go forwards. they want some idea what candidates on both sides of the aisle are offering them in the next four and eight years, right? i really think this constant relitigating, oh, my gosh the russia-gate, what hillary clinton did, what obama did, we all know that's why minds are made up now on impeachment. what's staggering -- nothing is changing. neil: right. it will be very partisan political affair. >> yes. neil: might be something developing i'm missing here. i don't know if that changes, regardless of your views? >> i don't think it will change, that democrats are totally bluffing they want witnesses because no way republicans will allow them to bring in people they think are injurious to trump without the republicans bringing in people injurious to the democrat cause, joe biden, hunter biden, maybe adam schiff. neil: democrats want to bring up something embarrassing for the vulnerable three or four senators so they can flip the senate. >> i think honestly americans are just sort of so worn out with the partisan bickering and all the polls show that. you were talking about polls earlier. that is the one consistent thing. they hate the swamp. they hate all of this, you did this, you did that, where does that get our country? nowhere. neil: like my italian family. they're always arguing. >> anyway -- neil: thank you very, very much. enjoyed you earlier today. when she puts you down she does it in a gentile way you don't realize, i've been put down. neil: the dow is down 123 points. update on burger king, the whole plant-based trend. i think they signaled it is a fad, after this. ♪. at fidelity, online u.s. stocks and etfs are commission-free. and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk while our competition continues to talk. stay resthe new rx,the icon thatcrafted by lexus. lease the 2020 rx 350 for $419 a month for 36 months. experience amazing at your lexus dealer. 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