While signing the phase four relief package into law this afternoon will give another 310 billion to the ppp, the Small Business loan program, the president suggested that more help could be on the way in the form of government purchases. He suggested the oil and Airline Industry could be the beneficiary of a government buying product now at low prices for future use down the line. We could buy oil at a great price into the future, that gives them the infusion that they need and one of the ways we can help the airlines is by taking a very large discount, 50 off or maybe more. In dubai to three or four years of tickets and you infuse them with some cash. Connell at the Coronavirus Task force briefing, the president talked about the possibility that a disinfectant can be used to help internally combat covid19. Lysol came out this morning and urged that under no circumstance should our disinfectant products be ministered into the human body, the president today said the disinfectant should not be consumed and now he is making this argument. Interior wise i said sarcastically, was put in the form of a question to a group of extraordinarily hostile people, mainly the fake news media. The president saying he was being sarcastic. Meantime this afternoon he tweeted out within the last hour that he will never let our post office fail, that came after the president threatened to cut off the post office from any kind of bailout unless amazon or other Companies Increase their package prices on amazon and other Companies Get increased by four folds by the post office. That is what the president wants, that is all that we had going on in washington today. Back to you. Melissa now over to Edward Lawrence on the details of the new round of funding for Small Business loans. Right now the Small Business administration is in the process of getting 321 billion, it goes to the office of management and budget and it takes about a day and a half to get that into their account, the labor secretary saying the payroll protection has made sure that some folks dont end up on the unemployment line, he adds the delay in getting more of this money caused people to lose their jobs, the treasury secretary adding that they will watch the Big Companies who got the loans return the money so it can be given to Small Business businesses. This is a program that is designed for Small Business and we put out clarification yesterday that some of the bigger businesses that had taken out loans should return the money, we appreciate that theyve done that, there will be a surveillance around this if they do not. He has given those businesses until may 7 in order to return the money and there will be no problem, nancy pelosi says it is the bank under the loan program that need to be policed. She said the big bank should act like an atm or first come first serve. She says the bigger banks are wrongly prioritizing bigger clients. All of a sudden in some cases it looks like they made themselves decisionmakers about relationships that they had and i think that requires some close scrutiny. This should not depend on what your Bank Relationship is, the bank is covered, protected. Democrats on the Banking Senate banking and senate Small Business are asking the Inspector General to look into some of those banks and the practices that are coming to light at this moment. The bottom line, the money is being processed, the guidance will go out over the weekend either tonight or tomorrow in the first loan can be processed through on monday of the second Small Business administration money. Back to you. Melissa that is the important part, the bottom line, secretary mnuchin saying monday morning first thing new loans, connell over to you. Connell lets get to the market of Lawrence Etta many, we said at the top, we closed out on a high note,. Big tech is the best performer, take a look at the numbers from today, a close call, we were waiting to see what amazon will close in record territory and it did. A new record close for amazon, the nasdaq of 139 points today, the best this week, look it was a choppy session, the dow crossed up and down crossing 0100 times today, i want you to look at this chart right now and it shows you exactly when the president signed the relief bi bill, another near half trillion dollars going to relief, that is when the market had the highs and investors overlook pretty bad data, the worst drop in durable goods ever in addition to Consumer Sentiment that saw the steepest drop ever, the data was certainly ugly, rough day for boeing 50 points off the dow on reports that it could have the streamliner production because lets face it, fewer people, almost no people are flying these days, what are people doing, theyre sitting at home and logging on to the devices so look at this, zoom water run since coronavirus lockdown, facebook came out with the competition today, they launched a new future where if your Facebook User you can set up a phone call with facebook and nonFacebook Users up to 50 people, face look investors like that, zoom certainly did not. Let me show you the weekly performance, we did have rain on the screen on the final day, the nasdaq also close to turning positive for the week, it did not make it, all three major averages in the red on the week the first drop in three weeks despite the price of oil, i know the start of the week it was ugly and went negative but rallied the past three days in the end relief but oil in the overall market in the red on the week. Back to you. Connell rallying. Melissa economist warning about the damage to the economy from the shutdown, one tweeting, while the virus close its economic damage from the shutdown thats growing exponentially. Very few people truly understand how deeply damaged it will be, here is the author of the tweet ryan westberry, advisor chief economist, brian your tweet, my attention because i feel like were at the turning point where people are still focused on the virus and a lot of those people are not in the Business Community or not the ones responsible for businesses are economic or those sort of things and they dont realize what we continue to shelter in place we are doing very deep damage. Give me some more background on your outlook. Exactly, thank you, it was great to be with you, the pointer may tweet and actually my thinking and talking with a lot of Financial Advisors and investors is that when you shutdown the economy it is the private sector that funds government but even more so there are supply chains in the system, a lot of people wonder why we ran out of toilet paper, the reason is people are not going to restaurants and hotels and Office Buildings anymore and thats a different supply chain than the one that goes to the grocery stores. So when were all staying at home, we need more toilet paper because we dont use any at the office so the bottom line theres a shortage, we are euthanizing chickens today and it is because they delivered eggs to restaurants and at the same time states, municipalities are running out of money, illinois where i live, we are broke already and wait until you see the damage that this does to pensions. Every day the private sector stays closed, supply chains are damage, businesses go bankrupt and theyre gone forever in statesmanship on terminus apologies get into worse trouble. It is like the private sector, its a businesses that paper everything in our economy. And when you do not let them open, the problem spread and spread and spread. Melissa what can we do about at this point, one of my thoughts, we get prepared to go back out, have a target date if you cgm saying to get a couple people back to turn things back on to get it moving, at least like you said to get the blood flowing back to the system. Right, that is a perfect way to talk about it, i like the physical analogies, i talked about it like after three, if you have a pinched nerve and youre not getting a muscle, the electricity that it needs for you if you have to lay in bed with a serious illness you atrophy in your muscles and you need to have physical therapy and that every day that we stay closed, the more physical therapy we need on the other side, after the 2008 financial crisis, i believe we will have a vshaped recovery, this time i think we will have more you is not the perfect letter but everybody understands it will be more drawn out, we will have to bring bankrupt businesses back, we will have to bring some restaurants some said i give up. It will take time to come back, it will not be a. Melissa theres an irony in the system and tell me if you agree with this thinking. If you did not have a restaurant but went out to start work, next week would be the best time to start one because you would get the best deal on an empty space, you would have people coming right back because theyre desperate to go in somewhere but if you have the legacy business that has all the debt were not ego two months back rent, all these kinds of things, youre really in trouble, same with the portfolio if youre managing money, your way down so much pain but if it was your first day to get out and buy it is nothing but upward momentum from there. How can people take advantage of that, obviously we all have our hangover businesses in portfolios and investments and all that kind of stuff but you want to be the new person that gets to leap out and take advantage. Exactly. Ive lost count of the billions of dollars but ive been watching the news and hedge funds in some major investment banks have been raising distressed debt portfolio. They are ready to go so i think part of that is we will see some of the money flow quickly but it still takes time and its a perfect way to think about this. The other thing, this is kind of a weird thing to say but in the fracking and oil world, oil prices have come down so far but if we rescue the highly indented trackers, that means that the Cash Rich Companies cannot go when and by them at a lower cost. And if you can buy a lease or rigs or equipment for fracking at pennies on the dollar, you would be able to lower the cost of bringing oil out of the ground. But if we rescue all of them there were actually not letting the market work and thats another big problem with the shutdown we are taking away peoples business in the fifth amendment says if you take something you have to give them compensation so what were doing, were burdening their children and grandchildren and were not benefiting from the lower cost of oil. I hope that made sense thats a complicated argument. Melissa its what recessions are for, its supposed to bring the waist down and forgive back to a lower level, that is incredibly painful, thank you, come back soon. I appreciate your thought. Connell we are looking at the virus by the numbers as well and we have more than 2. 7 million cases confirmed of covid19 worldwide, about 880,000 are in the u. S. And we also passed 50000 deaths in the u. S. Today, in the meantime 83 vaccines are currently being developed around the world, the Health Professionals working around the clock to try to fight the outbreak, we have the very latest as we continue throughout the hour, some states are indeed starting to loosen restrictions and reopen many businesses, a major player in georges restaurant scene is planning to keep its doors closed, we will get his take on that coming up next the newday va streamline refi is the reason why. 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Officials warn all of this may happen too soon, the president has said and it said the Restaurant Owner in the state of your job people may recognize you from a bunch of tv shows, you have made the decision, i think monday was a day for restaurant dining that you can open up in georgia that you will not be doing so, tell us what youre thinking was. I think its a number of things but first and foremost the Business Program and the idea of opening up to probably very few diners having to get rid of the seat does not seemed like economic by itself, is it really there, secondly all the businesses that the governor has asked to reopen today and our monday are really a lot of economically vulnerable people. If an owner was managing them to get back to work, that can be really insane 1 of the population. Let me think both of those issues, it is a financial show, let me take the first and then well get back to your employees and whether they be bondable, have you done the math on people saying you for load a number of people when you close your restaurant, if you had to bring them back, start paying people again and they had restrictions like you can have more than ten patrons per 500 square feet because you dont think youre making money, have you done calculations like that. It would cut our ability, our normal taken half and just to clarify, my two restaurants that i own both of which got successful ppp loans and actually everyone is on my payroll, 80 are working at home and 20 are doing Emergency Meal Service at the restaurant. Connell that cannot be sustained forever, once a ppp loan money alisa forgiven money runs out at the end of june, are you in a tough spot otherwise those people could really be in a tough financial position that are already at the bottom or potentially economically being helped now and you feel more pressure to come back and open up. Im definitely not a glass half empty, i think the response of the pandemic overall is looking pretty good, again i am a chef, im not a scientist but i believe in the Science Behind this and i think that we will get a handle on this, there will come a time where we can safely go back to work and reopen a restaurant, i am hoping it is may 15, i think for the sanctity of what we do in the safety of our customers, employees, my family and myself, we need to all have really good manifestoes of what are the new practices. They all need to spelled out really effectively and that is individual to each restaurant, how are you doing in contact with social distancing with customers at this point in fine dining which is a little difficult to surmise and were working on. Were trying to make the economics of that work. Do you have a metric before we let you go, what are two that you say once you get this and this all come back on a limited basis in restaurant dining. I think as long as the testing cases start to fall in the number of new coping patients really start to fall in georgia which we should see in the next few weeks everybodys saying Rural America is much better off but we have Rural Counties in georgia up in north georgia that are really going through some hard times so i dont think to swing the doors open wide, it is not me and all my employees, of trust with the drinkers were monitoring them but its influx of customers coming in, we dont know where they have been yet, i want to serve them, we do hospitality but we need to more nourish our community and get a good plan on reopening. Connell we will check back, its interesting to get the different takes because its a decision that you have to make, we had a hair salon opening and now you say you see it differently, will check back in a few weeks to see if you see it differently. Thank you for coming on today from the state of georgia which a lot of people are watching really closely. Melissa one state reopening with a twist, were in dallas has Retail Stores across the state are operating on the ghost service, that is next. Heading in a new direction. But when youre with fidelity, a partner who makes sure every step is clear, theres nothing to stop you from moving forward. A partner who makes sure every step is clear, heres the thing about managing for your business. S when youve got public clouds, and private clouds, and hybrid clouds things can get a bit cloudy for you. But now, theres the Dell Technologies cloud, powered by vmware. A single hub for a consistent operating experience across all your clouds. That should clear things up. About medicare and 65, ysupplemental insurance. Medicare is great, but it doesnt cover every