Investing heading back into the bear cage, we are going to ask economic guru if you should head back into that or follow the breakup optimism that were seen today on the market. Doctor was featured in the netflix dock eseries pandemic, she is the one who coordinates the Pandemic Response in new york city hospitals. She is going to come here today and she is going to tell us what she is seeing now and if she thinks the nation is healthy enough to gun the economic engine once again and maybe this news from dickinson, it might help with the metal to the petal, the medicals tech company just got emergency approval for a new covid19 test, not a vaccine, an actual test to see if you have the virus, you will not be relieved how quickly the test results come in. We have the ceo exclusively to explain. And need the kalamazoo kids, they are too Small Businessman from michigan who teamed up to save their businesses by creating a pandemic product. In my Goldman Sachs says sell your apple sales, they warmed up a success friend revealed what the oracles has been doing as a market gyrate. We are less than an hour to the closing bill on this closing friday, think that is a friday. Lets start the claman countdown liz we have breaking news to begin with, just a couple of days after amazon said it was going on a hiring spree, walmart announced just moments ago that it plans to hire an additional 50000 associates to fulfill strong demand, the biggest retailer says approximately 85 of the hires are for temporary or parttime roles, the stock is down 1 but walmart stands at 131. 6 off the lows of the past month. That is for sure. We are looking at walmart who has in the past promised bonuses to temporary workers, we will see if that is the case with the new 50000 hires. On a day where the market are granny smith green, apple is Red Delicious red, after Goldman Sachs cut the tech titan, they said apple shares rsl, get rid of them, they believe the iphone will drop 36 in the june quarter and goldman analyst also cut apples types underpriced target from 200 to 233. It stands right now down 3 to 238 in change. And goldman also believes the growth in Apple Services business will begin to slow substantially next year. We are watching apple shares, but boeing is picking up apples lack, the aircraft maker says it is going to begin resuming production of its commercial aircraft at the seattle area facilities as early as next week. Even news that ge aircraft with canceled orders were 69 boeing jet, these are 737 max jets because its reevaluating its order books at the moment due to the coronavirus, it is not hurting boeing right now, stock is up 12 and how in ge is a good hire as well. Lets flip it over to check the pulse of the fitness sector, president trumps plan to allow health clubs to reopen with new protocols, it is helping shares of Planet Fitness but word there is a winner theres a loser, plaintiff fitness is up 11. 5 in interactive pellets on is down 7 , this is a comedy thats become known as a stayathome stock, the stock is still moving lower, by 7 even as suntrust raised their price target on peloton interactive. One of the smartest billionaire investors out there does not like what he sees, even if we have this rally today he is seeing the shortterm blast half empty and shifting right now to all cash, tech billionaire and Dallas Mavericks owner mark cuban is telling the pop podcast that he believes the marv intermarket will take another leg down so hes converting his Equity Holdings completely to cash. His move comes one day we told you this yesterday, after the headphones billionaire paul singers Elliott Management has about 40 billion in assets and that management warned that global stocks could dropped 50 from the february high. That is global stocks, lets find out what wall street closely followed a communist chief Economic Advisor mohammed. Happy friday mohammed, great to have you on our friday show. Weeks ago on this program you were cautious and rightly so, do you stand with the twin bears or are you beginning to feel a little bit warmer to the bull case. Im not as bearish as some are but i am cautious in the sense a think you should stay in the market but you should go up in quality, thats what i said the last few weeks and going up in quality means buying things that have a good balance sheet. So you retain a claim on the upside but youre more protected against an uncertain environment. Liz that said, what is the metric, what is the data point that you are looking for mohammed that will tell you that now is the time to be more aggressive when it comes to buying stocks because there are some people that say until you have a credible and widespread situation put into place for testing, we will not see this economy go back into play. The Perfect World you would have three things, you would have testing which is another way of saying identifying and containing the spread of the virus, you would have drugs to treat the ill better, right now our approach is to keep them alive until they fight off the virus themselves and 30 would have a vaccine, by the time you get all three, the market would have taken up a long time ago. So you have to make a judgment just like we as a country are going to be making judgments to how much health risk and how much economic risk youre willing to take. I would like to see a little bit more on the testing side in order for me too give confidence that i can go down in quality, also be in the market and go down in quality to get whats called a high beta stock one that moves really fast when the green light is on. Liz im hearing you say that your test for getting back in a much more muscular way for the market is with testing. Let me just ask you about what larry kudlow said on fox news. He has now been the first in the administration to actually quantify the employment rate, he specifically said today that he sees u. S. Unemployment at 13. 5 , that is sort of the First Official word that weve gotten, does that square with your calculation . So call it 13 16 and that is if you take the frequency indicator of people signing up with those claims and seen what that does to the appointment number. And i worry that in the short term, this is about the journey, not the destination but the journey is going to get trickier for the economy. And will get to 20 on appointment rate. What you see with Warren Buffett be an example, those are really close to the companies, those are really Close Companies like Warren Buffett, Charlie Munger, they are not putting their money and yet because they see the uncertainty that most ceos see. Liz im glad you brought up Charlie Munger, the wall street journal nabbed an interview with warrens best friend of the vice chairman of berkshire hathaway, he was very open and telling him that the writer of the journal saying you know what, we are just sitting and waiting because we would rather get through very difficult storm with the ship intact meeting diecast, dry powder any also said this was interesting, unlike the 2008 financial crisis were Goldman Sachs and tiffany and all these other companies were calling up buffett and asking for money for very good terms for berkshire, just to keep afloat, the phone has not been drinking, Charlie Munger said its almost like everything is frozen, what does that tell you. Those are two things, he and Warren Buffett understand the difference between a weight 09 when they were big buyers then today. Zero eight zero nine was a big heart attack to the broken system, it came from the Banking System per when you have a heart attack and paralyzes you but you know what to do, this one is like having infections all over your body because everything has stopped. It is hard to get over, they see that, the second thing that they see, this time around, the government and the fed have been massive intravenous in markets. People are not calling them because they can get much better terms from washington. Liz yeah, well theyre getting money and some of it does not have to be paid back. Mohammed, thank you so much for joining us. You have your skype up and running and you look terrific. Have a great weekend, we appreciate you. You to list. Thank you so much for having me on. Liz any time. So mark cuban has gone to cash, guess what hes also going to Charles Payne and he will be Charles Paynes guest on the next installment of fox business America Works together virtual town hall. Who knows he may be picking up some names by then. This market is moving quickly and next thursday april 23 at 2 00 p. M. Eastern you can have some questions, if you send your video questions to invested in you at foxbusiness. Com you might get picked. Stay tuned for that. Closing bell ringing and about 49 minutes, up next the company that could hold the key to reopening all 50 states in the u. S. , you just heard mohammed say we need widespread testing, victim dickinson ceo is here and at fox business exclusive on the rapid test that could change the entire coronavirus waiting game. Just to rapid, we will tell you when the claman countdown returns. But it is fast. Can save you 2000 a year. How . By refinancing at todays all time low mortgage rates. And best of all you can do it from start to finish without leaving the house. Its fast, too. With our va streamline refi, theres no income verification. No appraisal. And not one dollar out of pocket. Our team is standing by right now to help every veteran who calls. Has stood strong through every dark hour and bright dawn our country has endured. It has seen the break in the clouds before anyone else. For the past 168 years, weve also stood by you, helping you weather storms like this one, to protect your loved ones. And well do it for 168 more. Liz if you have one reason, if you have to pick one reason that the markets are moving higher today, you have to look at gilead, shares of the biotech giant soaring 12 in early trade on a leaked report that coronavirus patients at the university of chicago retreated with the experimental drug remdesivir rapidly recovered, while the stock is still up seven in a third , shares had moderated as they wait for it to give the official confirmation of these results. While were at it we should look at men dare not, it is also moving higher after getting 483 million in u. S. Federal funding for a potential coronavirus vaccine, that stock is up at 11. 5 but as the race against the clock for a vaccine continues, what about a test, coronavirus test with results that come faster than the ones we have seen lately which are 5 7 days. There is also a major news on that front, Becton Dickinson and outside the fda granted the Global Medical tech giant emergency use authorization for a new diagnostic test that will be enabling hospitals to screen for covid19 on site. Heres the game changer, instead of waiting days for the results, this test result arrives and under three hours. We are so honored to have you joining us right now in a fox business exclusive with the ceo of Becton Dickinson, tom poling, he is also the president. Congratulation on this news. Tell us how the tests were able to work so quickly. Thank you for having me. We are really focused on three different questions that folks are asking. It really gets who has it, who had it and how do we think about surveilling to understand the data. The help address those questions. The first when we launch on a platform mostly designed for hospital use called a bd max platform, the test come out 2 3 hours as you said, its a highly automated, very sensitive molecular that is typically used when a patient is presented with symptoms to a physician and they can get those tests in a couple hours based on a nasal swab. Liz can i stop you right there on that one. Absolutely. Liz let me stop you on that because that to me is the real game changer, we were just talking with mohammed and hes a wall street guy and i said what are you looking for and i was thinking is he going to look at the durable good number, gdp to give them a signal of when to come back and and he first mentioned more reliable, faster and more widespread testing to me, this is a real opportunity and what could be as a city game changer but how quickly can you scale up, where is your mean affection, we saw abbott test that while states got the testing equipment, they only got a few cartridges. We have been ramping up production of that test over 40x in the last few weeks. So were significantly ramping ramping up, still theres more demand than capacity, primarily those presenting symptoms, but the real game changer hasnt hit the market were really pleased with the test that we launched and is dramatically better than multiple days to get a result, we are moving very well in our development funnel which will be a third test designed for mass screening. There were talking about a ten minute test which is done on a small handheld instrument the size of a cell phone that you can walk door to door, you can do it in different care settings, physically you could and we think that that type of test, a ten minute test that handheld and mobile will be the test thats critical in getting the economy open. So we are working 24 7 to get it out available, we made Great Strides are 2 3 hour, were not stopping there, were focused on the pointofcare, handheld tentative test. Liz that would be unbelievable, tell me, we just saw your serology test for the antibodies, wiki. That there are many false positive with antibody test, im not sure for specifically yours but how reliable have you found that your czar . I think her test is one of the only ones that has been published on a journal of urology for example. He looked comfortable on the performance of the test, that is a bloodbased test to determine if you have the virus, that is nasal swab and maybe now if you are removed, that the bloodbased test like you said, the drop of blood from your fingertip and it takes about 10 15 minutes for that test, he runs like a pregnancy test, looks very similar in you looking for a line at the end of the strip to see a positive or negative for having built antibodies to the virus. Again we think that will be important to open the economy. Liz i would say so. Were thrilled about the 2 3 hour one and will wait for the ten minute test. Becton dickinson is the company in tom poland is leading the charge, thank you for all that you and your team are doing. We are coming right back with companies in kalamazoo michigan with totally different products and they thought their businesses were going to shut and they banded together and wait till you see what they were able to do. music about medicare and 65, ysupplemental insurance. Medicare is great, but it doesnt cover everything only about 80 of your part b medicare costs, which means you may have to pay for the rest. Thats where Medicare Supplement insurance comes in to help pay for some of what medicare doesnt. Learn how an aarp Medicare Supplement insurance plan, insured by United HealthcareInsurance Company might be the right choice for you. A free decision guide is a great place to start. Call today to request yours. So what makes an aarp Medicare Supplement plan unique . Well, these are the only Medicare Supplement plans endorsed by aarp and thats because they meet aarps high standards of quality and service. 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Learn more about why you should choose an aarp Medicare Supplement plan. Call today for a free guide. Liz call it a Small Business switcheroo, we found the story and we thought you would find absolutely fascinating, companies with completely different products, mind melting to save all their businesses. In kalamazoo michigan, a Spirit Distillery Company took the high proof alcohol to a boutique Mens Grooming company and its production skills, added a bunch of other Kalamazoo Companies to create a much needed Hand Sanitizer and save their employees and their businesses at the same time. Joining me now is jeff cook and dan hansen grooming jared black man. We love the story, you saved your businesses from going bell