Have the numbers as soon as they hit the tape and show you the impact. Coronavirus keeping the c task force going indefinitely focusing on Vaccine Development and reopening the economy. Meanwhile some lawmakers looking to expand the Paycheck Protection Program and add more stimulus but others raising concerns about growing debt and deficit. Markets this morning pointing to higher opening. Take a look at futures, indicating market wills open higher in triple digits, dow up 3020 points, s p is up 41 and nasdaq higher by 138, one and a third percent, this after concerns of new china relations to china. Scope memo is out. Outlining authority to former special counsel Robert Mueller, it reveals probe went beyond and completely openended. The fallout coming out. People are working out and playing video games, pelaton surging 66 , the company boosting Sales Outlook and the stock flexing muscle as well. Stock up 17 in premarket. Fortnite becoming one of the most Popular Video games ever surpassing 350 million players, mornings with maria is live right now. Maria Global Markets taking a cue from wall street. Firmer tone this morning, take a look at european indices, the cac quarante up 34 and dax index in germany up 99. Bank of england toad Holding Rates Steady warning that the economy should shrink 14 this year, but they are expecting growth by 15 in 2021. In asia overnight markets were mostly lower with japan able to close out with slight gains, take a look at the numbers here. In china exports rebounded in april rising 3 and a half percent year over year. Expectations for steep decline, import fell over 14 according to Chinese Communist government. Some of the stories that we are watching this morning meanwhile President Trump reversing his plan to phase out Coronavirus Task force now saying that it will stay around indefinitely and focus on the development of vaccine, treatment and reopening of america. The president tweeting that the panel has done a fantastic job bringing resources together for others to follow in the future. Health experts expressing concern that it was too early for the task force to wind down. Meanwhile handful of states are easing virus restrictions today. They include hawaii, maryland, mississippi, montana, vermont and michigan. This as georgia, one of the first states to start reopening the economy is now seeing uptick in virus cases. The city of gainesville now considered a hot spot there. Governor brian kemp that the city will open temporary hospital in the city and hope they will not need it. More than 1. 2 million cases of coronavirus reported in the United States right now. Meanwhile the covid19 pandemic taking a real toll on gaming industry with casinos forced to close doors. Wynn net loss of 400 million. Revenue down 40 from a year earlier. Also suspending quarterly dividend. Mgm resorts report lid working workers of possible layoffs in august. Company acting ceo in a letter to furloughed cited sharp decline of travel for the rest of the year, possibly 2021. U. S. Casinos have been shut down since midmarch and as you can see wynn share this is morning are down 1 . Frontier airlines has changed mind apparently. It will not charge passengers extra to seat to empty middle seat. Congressional democrats accused company of taking advantage to customers concerned of contracting covid19. Frontier had plans to charge 39 under the plan which would to start tomorrow. Thats being rolled back now. The Boston Red Sox honoring heros of frontline of the pandemic. In national of National Nurses week, the goal to show appreciation for all nurses especially now. We agree. Markets are higher ahead of the initial jobless claims report this morning. They are due out the numbers in 2 and a half hours, the expectations call for 3 million americans to have filed Unemployment Benefits in the last week and investors anxiously waiting tomorrow jobs report. Lose unprecedented 21. 8 million jobs in the month of april with Unemployment Rate hitting 16 . Thats the highest on record. Tomorrows report will capture full impact of coronavirus lockdown beginning in midmarch and joining me to talk about that editor and publisher denise and also this morning is fox business Dagen McdowellKings CollegeManhattan Program and business and finance chairman professor Brian Brendberg and Strategic Wealth partners president and ceo mark tepper. Thank you for being here. Denise, let me kick it off with you, incredible to see inner workings of the market while we have lots of moves broadly speaking for averages, some sectors that continue to do very well Like Technology and biotech. How do you want to trade this market, invest in this market ahead of the jobs numbers out tomorrow and today at 8 30 . Well, i actually trade from my own account and so what i talk about is what i do and im short stock last tuesday via the various derivatives and im preparing for what should be egregious nonfarm payroll tomorrow or jobless claims later this morning. Im a little obviously today i wish i werent short of stocks. I think the economy is in terrible condition. Its better than it was. We are Getting Better news probably on the coronavirus circumstance and there are evidences of a vaccine that will be available to us quicker than we had thought earlier but still i think the economy is in dire straits, very difficult position and i think that anybody who has who is long, should probably do well to lighten up positions. Like i said, i trade only from my own account, short of stocks, short of bond market, long on goal and short of the euro and im feeling quite comfortable from last thursday. Maria well, we may have a horrible jobs report mark tepper but as far as markets are concerned is what is priced in already, are the markets and investors expecting this tough report that we are going to get tomorrow, mark tepper weigh in. Mark you know whats interesting the stock market has gotten cocky and you get bad news the market says so what and continues to grind higher. I agree with denise, huge disconnect with vshape recovery in the market and whats going on in economy. I believe that unemployment is going to be high for longer consensus actually believes. When you look at small and mediumsize businesses make up 50 of jobs. Small businesses provide 25 of our jobs yet they are responsible for 30 of the unemployment numbers right now so they are really getting hurt. I think thats an issue and i think the market is a little overvalued right now. Maria should point out that yesterday the Treasury Department announcing new 20year bond to help finance the governments debt through the pandemic. Dagen, you know, it is increasingly becoming a concern among republicans when you understand the debt and deficits that are happening here as a result of all of this stimulus. Dagen indeed, dennis can jump in here because we were looking at the 10year yield and well below 10 and the offering was for initially 20 billion and much larger than people were expecting and in the Second Quarter the u. S. Is going to borrow 2. 99 trillion for the year, 4 and a half trillion in the fiscal year. When do investors start worrying, ringing their hands about the level of debt this country is taking on because right now they are whistling past any problems. One has to ask one self do you want to put basis points. Theres a period of stress that the stock market would have stumbled dramatically, but anybody in their right mind will put money to work for 10 years or 124 basis points for 30 years. When i first got in the business in early 1970s and when i got my seat on the chicago board of trade in early 1980s, the long bond had 14 and a quarter percent coupon. Maria youre bearish on the longend of the stock market. Youre bearish everywhere. Yes, i am bearish maria youre selling equities. To me was a very serious technical signal of the curve. Maria are you in cash, have you raised cash, is there any place that you can hide for fixed income . Cash seems to be a wonderful place to be. I trade only from my own account so i have onethird of what i have is short of stock market and short of the bond market and the other third is long in gold and the rest is in cash and im comfortable being there. Maria all right, we will leave it there. Denise, great to talk to you, thank you so much. Thank you. Maria big show coming up. Coming up in the next hour Atlas OrganizationJonathan Ward is here on a potential coronavirus probe for china and then texas congressman house ways and Means Committee member kevin brady on next round of stimulus, next hour global head tom on the oil market and the ceo of quick loans is here on Weekly Mortgage applications plus in 8 00 a. M. Hour former federal prosecutor Andrew Mccarthy on muellers marching order and scope memo web bush securitys manager on lyft and uber earnings and economic adviser mohamed reacting to jobless claims and how to invest around it. The ceo of gravity payments dan price to talk about avoiding layoffs since the start of the pandemic, hear how he did it dont miss that. All that coming up this morning but first the online content debate goes on. How facebooks new board is raising questions of what can be allowed on the site. Getting back to work, we are talking to Small Business owner in georgia how the business is fairing in the pandemic. Stay with us. Fidelity. I do motivational speakingld. In addition to the substitute teaching. I honestly feel that thats my calling to give back to younger people. I think most adults will start realizing that they dont recall things as quickly as they used to or they dont remember things as vividly as they once did. Ive been taking prevagen for about three years now. People say to me periodically, man, youve got a memory like an elephant. Its really, really helped me tremendously. Prevagen. Healthier brain. Better life. Maria welcome back, Holding China accountable. The Chinese Ambassador to the un is saying that china would not allow an investigation into the origin of covid19 until theres a final victory against the virus. Secretary of state mike pompeo speaking out yesterday about this slamming china for covering up Vital Information that could have been used to combat the coronavirus early on. China could have prevented the deaths of hundreds of thousands of people worldwide. China could have spread global and decent and economic malaise. They had a choice, they covered up the outbreak in wuhan and virus samples destroyed on january 3rd, china disappeared brave chinese citizens who raised alarms, deployed propaganda organs to denounce those who politely called for simple transparency, china still refusing to share the information we need to keep people safe. Maria joining me right now the founder of Atlas Organization, hes the author of chinas vision of victory author dr. Jonathan d. T. Ward. Jonathan, good to see you this morning. Thank you so much for joining us. I thought it was interesting when the president was talking in the press conference, he called the coronavirus an attack. He said this is an attack, worst than september 11th. How should we read that . Jonathan good morning, maria, great to be back. When you think about over 50,000 americans have died over the coronavirus, Global Pandemic which found its way out of china. You know, china has a longterm vision that weve all been familiar with of becoming to dominant power in the world in 2049 but i think what we will learn now that all of their intentions are going to accelerate. Pretty much everything that they are trying to do towards this end state where they become the dominant power is going to accelerate now, so, you know, the idea that china is in this long war with the United States to me is somewhat convincing. I mean, you think about fentanyl flows, theft of intellectual property and building up military thats designed for combat in the United States in the pacific, using trade with america, reinvesting into Civil Military fusion which means that all of the innovation in the private sector, rather in civilian sector goes to military. All of this is a way of them ultimately surpassing and defeating the United States. For them to use a crisis like coronavirus, i mean, this is deep in their strategic thinking, the idea of turning crisis and opportunity, you know, we shouldnt be surprised by any more aggressive news that they might make and, yes, we are now looking at many people who died at this maria so i want to talk about the military and you first introduced the issue of Civil Military fusion on this program on sunday morning futures with me which people really need to understand. First i want to ask you about the intellectual property theft because what ive been hearing just recently, this last couple of weeks, not only have they stolen intellectual property for decades we know that but the Chinese Communist government right now has sent engineers into our science labs across america, issue at md anderson cancer institute, one of the leading cancer institutes and what theyre doing is stealing science data, medical data because they want to beat the United States to come up with a vaccine for covid19 and cancer. They believe that a vaccine coming out of china first will mean china has superiority in terms of the economy. Your reaction to what theyre doing right now . Jonathan the whole concept of them getting out of the game faster than we are is very important. They are throwing more money into industrial policy, ramping up industrial espionage, sure, all of this is going on and the whole idea is to beat america to become the largest and most dynamic economy because once theyve done that they put in the foundation that would give them global power and thats what they see. They are taking every advantage they can. They have been doing this clearly for years, at least a decade to try and take everything we can that they can from us, crown jewels, reinvesting military power. All of this is, you know, its how they operate especially if our eye is off the ball. We have right to focus on china, the source of the virus as creators of Global Economic crisis into which we, you know, we have been pull intoed this. We will have to add trillions in debt to our economy and this will create great troubles for the United States and gives china opening to move faster against america. Most people thought that china would only surpass the u. S. Economically around 20 30, and what they can do now while they are pouring money and more resources into their Industrial Programs and advanced Technology Program while we are suffering from the crisis. This is a very urgent situation, so the longterm maria general jack keane this week told me that normally the ccp communist party, the military action is very active in the region, the South China Sea but since covid19 theyve stepped up military action to japan to malaysia to weekend ally resolve in the region and hammer home that china is the dominant force and the u. S. Does not have the status it once had is trying to get the message throughout the South China Sea. Real quick, jonathan, we only have a couple seconds left. How do you think u. S. React to china and how do you move forward knowing what their goals are and that they come in complete conflict with what the president is trying to do with America First strategy . Jonathan this is not a partnership with china. They killed 50 Million People in 20th century. We will have to start cutting off capital. Maria okay. Jonathan, great to have you, great insight as always from you. We will see you soon, thank you. Jonathan ward, stay with us, big show coming up right here. Markets are higher. Ing. Your work is essential. Kubotas 1,100 dealers are behind you. Together we will get through this. Call or email your kubota dealer about 0 financing. No payments for 90 days offer expires 5 31. Together we do more. Can it help keep me asleep . Day sale on the sleep number 360 smart bed. Absolutely, it senses your movements and automatically adjusts to keep you both comfortable. And now, save 1,000 on the sleep number 360 special Edition Smart bed, now only 1,799. Only for a limited time. Staying connected your way youre just a tap away from personalized support on xfinity. Com. Get faster internet speeds with a click. Order xfi pods to your home in a snap. Or change your Xfinity Services with just a touch. All in one place. Youre only seconds away from all of that on xfinity. Com. Faster than a call. Easy as a tap. Now thats simple, easy, awesome. Maria welcome back muellers scope a previously redacted memo released by the Justice Department yesterday outlines the original scope of Robert Muellers probe into russian