The florida new york stock exchange, it was another brutal day, stocks pulled back from todays lows, this is the dow worst weekly weight loss in the context of an historic breathtaking run, 11 trillion added since a president was elected. The administration breaking news it is pushing back on a Washington Post story that the president is now talking about emergency tax cuts, we will get to that in just a Second Period the Federal Reserve says it made to undercut tax. It is now back at levels last seen in june of last year. Lets get to jonathan, the crowds have been gathering for hours at the rally in South Carolina. Good to see you. Really good to see her. Some of the people in this crowd are waiting in line outside of the coliseum in North Charleston since 7 00 a. M. Yesterday warning to ensure they could get into the rally. Before leaving washington President Trump spoke briefly with reporters about the stock market jitters driven largely by uncertainty of the coronavirus outbreak, he tried to put the outbreak in perspective especially when it came to the u. S. Response, heres what he said. There have been no deaths in the United States at all. A lot of that is attributable to the fact that we close the border very early and again, we have not seen an increase in people are getting better, almost everybody that we see is getting better. Were watching it very closely and we dont want any bad surprises. Reporter it is no coincidence that President Trump is speaking here in South Carolina on the democratic primary. The gop is not holding a president ial primary, instead automatically giving the nomination to President Trump even though he faces opposition from a former republican governor Mark Stanford while that is a clear endorsement of the income that president by state Party Leaders democrats have been enjoying the media spotlight, they campaigning and debating all week. By visiting here, President Trump is hoping to steal some of the spotlight. Take a listen. It is a great opportunity for President Trump to come here and speak to his base to remind them how important voting in november will be but also just to track some of the attention to his own candidacy at a time right now really all the focus has been on the democratic candidates. Reporter President Trump well after this will hold a rally in charlotte, north carolina. That being on monday on the of that states primary on super tuesday. Both parties holding primaries in north carolina. Back to you. Liz great to see it. It sure is loud but we heard you. Good to see you. Reporter it is indeed, i can barely hear you. Liz we heard you loud and clear. The market dropped, it is a fast move to the downside, the fastest in history georgia bank says. This is a clear signal about the magnitude of the uncertainty of the coronavirus and wait for this, wall street tells us is about the Bernie Sanders nomination. We will get to that in a second for the president has been moving to act, heres the other lines crossing traders desks, markets have been the forecast of j. P. Morgan one and half growth to the coronavirus, Goldman Sachs said the virus could not one percentage point offer gdp get locked up, freeze up, dont do the regular consumer activity and at the end no Earnings Growth for the s p this year. Wait for this, historically stocks try to find the bottom historically you do see a snapback rally on average it comes within a years time. Jackie deangelis is at the big board with more of todays action. Reporter good evening, the coronavirus rattling the market, seven Straight Days of selling and all three ending and correction. Many declines of more than 10 from record highs. It was the worst week on wall street since the financial crisis and the dow closed down 357point but for the week, the iconic index lost 3580 points. Rushing out of equities and oil, the riskier assets, moving into the safe haven of u. S. Treasuries. The ten year note seen record lows under one point to percent in terms of the yield. The volatility today unnerving traders on the floor and investors alike was backandforth at session lot, 1085 before the market was able to less painful flow. The Federal Reserve weighed in and Jerome Powell saying the fed will use the tool and act as appropriate to support the economy. Liz thank you jackie. Remember weve had a pretty complacent called market. Volatility has been historically low. Lets get to kelli, the spokesperson for the super pack. America first, it is great to see you. Thank you for coming on. I want to talk to you about the coronavirus politic, and news is breaking, House Republicans stormed out of a closeddoor Coronavirus Briefing today with trump health officials, why they attacked the president , your take on this . I think it is really sad but we see the side of the democratic playbook, basically never let a good crisis go to waste. And this virus is just tremendous. New york times ran an oped saying the trump virus, if youre feeling bad, you know who to blame. The democrats and their allies in the Mainstream Media are hoping that somehow this takes the economy, the virus spreads, where a pandemic levels and thats really sad at a time when Everyone Needs to come together, the unified front and tackled his head on. We have talked to a lot of people on this and they say in the history of the country they have never seen such intense blowback in trying to score political points off a deadly illness. Here is the other thing going on, we covered cnn attacking the president in india when the president was on a world stage with the recordbreaking crowd of 110,000, i want your reaction to the president moments ago ripping into cnn before leaving for the rally in South Carolina. I think that cnn is a varied disreputable network, i think theyre doing everything that they can to instill fear in people i think its ridiculous and its very disreputable and the democrats are doing it the way they should be but some of them are trying to gain political favor by saying a lot of untruth. The fact is, i made one decision that was a very important decision and that was to close our country to a certain area of the world, that was relatively heavily infected. Liz he did on january 29. The media did not really cover that. We track the headlines, why, they were in mast and impeachment thats what was going on. Cnn is just the attack network, attack trump all the time, 24 7, theres no conservatives on the channel, no Trump Supporters on the channel. They use every opportunity they can to try to discredit the president and get the public out there to not to trust the presidency. But there was a fox news poll that just came out that two thirds of american polls had faith in the government and of this president to tackle and confront the coronavirus. But cnn is going to work every day to try to drive those numbers lower and lower if theres any hope for a democrat when in 2020. Liz i want to talk about the president strategy. Weve never seen anyone do what he is doing. Go to the front yard of the democrats primary and caucuses of the evil of them to do rallies, super tuesday, four days away, mike bloomberg, Bernie Sanders is the nominee, the democrats will lose the house, the white house and the senate. Watch nancy pelosi may be pushing back against bernie deepening alarm concern against 40 moderate democrats who are watch nancy pelosi smack down about Bernie Sanders how nominees when the delegate about. Delegate support that is not the person who would nominate would be the person who has the majority. Liz thats it. Thats it. What shes saying, lets break it down, can you break it down for the viewer. She is basically saying, if she does not get the majority of the delegates, this will go into a second round we have the superdelegates voting. Andrew saw the debate stage a couple weeks ago were all the candidates except for bernie and 70 has a majority should they be awarded the nominee status and they were like no, we have to play by the convention rolls. There really is a huge shift in the Democratic Party toward socialism and its moderates versus a socialist. Nancy pelosi knows how she wants that and i was in 2018 would be moderate democrats campaigning on Kitchen Table issues, they veered far away from promising medicare from all, open borders, some of the stuff that Bernie Sanders is campaigning on in nancy pelosi wants to maintain her spot as become the house so i know she sees Bernie Sanders as a threat. And we see it in our internal polling numbers when you look at a state like florida where democrats have to win. Bernie sanders is underwater in the panhandle and the court or in down in the miamidade area which is a typical stronghold for democrats. Liz if you lose florida you dont win the white house. Nancy pelosi is saying democrat rules are this, you have to have the majority of the delegate, 50 plus one. If you not the most number, like 30 , bernie is and if i have plurality i should get the nominee. But in 2016 did he say yes it should be the majority . Yes, this is unfortunately the dnc had to change the world because of Bernie Sanders in 2016 when he said Hillary Clinton and the establishment was going against him. He did do that and now that hes a front runner he saying anyone who has the plurality vote, not the majority plus one should be the nominee. Its intriguing how its backfiring. Liz its kinda concerning they have a democrat nominee saying get rid of the Electoral College, pack the Supreme Court, they keep talking about the roles being raked against them but theyre raking the world. [laughter] liz how can they say get rid of the Electoral College in campaign and the smaller state where protects the smaller states. Im telling you the Electoral College is a vivifying genius behind civil rights in this country, it is behind minority rights, final word to you. The Electoral College is the reason why we dont have new york city in california dominating the country. It gives voice to middle americans in super important that everyone has a voice. Liz that the majority reenrolled. Good to see you. Next up stick around for this conversation. We have a guy coming on, he is heavily followed inside the white house, inside d. C. , inside china, world renowned china expert michael pillsbury, he will talk to us about what is right and what is wrong about the various countries response to the coronavirus outbreak. More on the pushback against the media for ignoring the steps that the Trump Administration took five weeks ago because the media was consumed with impeachment, that story is next. Can my side be firm . And mine super soft . With the sleep number 360 smart bed, you can both adjust your comfort with your sleep number setting. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. And snoring . No problem. And done. So, ill wake up ready for anything . 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It matters, the government response, this thing spreads fast, people are contagious but show no symptoms, that is a scary part. Your reaction. It is true. I think various countries have been rated by the Public Health systems, the United States is one of the best in the world, a lot of african countries get really low scores and cannot detect or react to Something Like the coronavirus. So if you want to be worstcase, the countries that have the worst Public Health system become infected by the virus and thats really, really bad, i think President Trump is right, he can do really well against her virus in these correct to impose instilling fear in people and people are exaggerating. Liz you say a couple things, the singlepayer government run system does not do well and put them in your the president is trying to calm the waters is that what youre saying . Im stressing President Trumps really successful role so far and talk initiation xi je times, and the several things he has said, he made clear they come for president xi jinping thats a forecast for april may and may be tougher for the virus to spread. President xi jinping also made a speech saying its time for china to get back to work and ordering Chinese Workers to go back to the factories and no longer have quarantine in large areas. Liz a couple of things going on, talking about seven and half billion dollar funding package for coronavirus, israeli scientists claim three months time israel will have a vaccine, thats according to israel science and technology minister. They are racing in the u. S. For a vaccine. All outcomes depend greatly on a government response. To your point about china were seen at 2. 9 fatality rate in hospitals in china covering up the issues. But when you look at fatality outside of the hospital is less than a percentage point. The fertility rate is something that china has analyzed and released, they did a study that 15 fatality is for people 80 years old or older. Sorta like the younger the lower the rate goes. Its fairly optimistic forecast. In lecture 80 years old or older. But the important point the president has been stressing, we dont know a lot about this virus. The good news if a stars to come in and cases are declining in china and the israelis are onto something, any big bunch of good news to send the stock market skyrocketing because the level of ignorance and fear is so high the last six weeks or so. Because people are asymptomatic and contagious without showing symptoms, i think the market is digesting that. The best time to inform people is before the epidemic. By the way that we backup, the mortality rate is about 11 . That is pretty high. I would like your reaction to democrats piling onto the president but we have another democrat saying knock it off. Watch this. There is alarm and its not just the president talking about the economy, theres a real sense that this is spiraling inside the white house. Quickly giving Vice President pence his history of governor dealing with a recent Public Health crisis in terms of hiv in indiana, is he the best equipped to lead the effort in the white house . I dont think this is a time to take shots, its a time to work together. Coronavirus is a potential threat. Liz not the time to take political shots. I think that is right, i think nancy pelosi was an ally of the president in her comments and eunuch when they asked you support his policy. She had a lot to say it about the dangers of always. But the coronavirus, too quickly in my view started attacking the president for doing too little, too late so this is tragic to me because the speaker of the hou house, even if she is only speaker for one more year she will play an Important Role in the coronavirus in the Public Health iss