Here joining us is chief Investment Officer of the Minnesota State board of investment. Good morning. Good morning, john. How are you . Im doing pretty well i hope you are, too. So, a lot of people trying to figure out what to do with this market your philosophy is to buy the market and not individual equities but this market has been kind of funky i wonder does big techs increasing waiting say in s p 500 concern you . How do you get as diversified as you want to be no. As i said, i mentioned before, we dont look at sector by sector weve been longterm investors and for the most part we buy the market you know, domestically we own the russell 3,000. We do have active managers, but the vast majority of our portfolio is passively managed our equity portfolio is passively managed, same on the International Side so we probably have most stocks that are available to us. Thats done pretty well for you. I wonder with this disconnect between the economy and the market that were seeing does that
After more than 2 months only to face quarantine in beijing. The u. S. President has criticized the World Health Organization for its handling of the coronavirus pandemic donald trump says the agency is china centric and issued bad advice at the outset of the crisis his comments come after a leaked memo revealed the new details about warnings the trumpet ministration received on how bad the outbreak in the u. S. Could be meanwhile u. K. Prime minister Boris Johnson is spending a 2nd night in intensive care as he battles kovac 19 foreign secretary dominic robb who was stepped in to lead the government says johnson is stable and has been given oxygen but crucially is not on a ventilator and thats as the u. K. And the state of new york in the u. S. Have recorded their highest number of deaths in a day the u. K. Is resident registered 786 thats while 731 people died in new york well lets start our coverage in the u. S. From mike hanna joins us live now a from washington. So mike we have th
Printing their way out of trouble a French Hospital begins manufacturing its own medical supplies. That are 786 people have died from chronic virus in the u. K. Its highest daily fatality number since the pentameter began a minister Boris Johnson remains in intensive care in a London Hospital fighting sentence that have become aggressively more severe or secretary dominic broad who step deputising for johnson says he is convinced he will or. It comes as a shock to all of us hes not just the Prime Minister for all of us in cabinet hes not just a boss hes also a colleague and hes also a friend. So all of our force and prayers are with the Prime Minister at this time with carry on with his whole family and im confident hell pull through because if theres one thing i know about this Prime Minister hes a fighter and hell be back at the helm leading us through this crisis in short order. Or challenge as our correspondent in london right now also rory what else do we know about Boris Johnson
Confirmed that two people had traveled on the grand princess cruise ship that was held in the port of oakland earlier this month have also died from complications from the coronavirus. As for testing, Governor Newsom said today the 66,800 tests have been performed. The results for those tens of thousands tests are being delayed due to a shortage of necessary chemicals to process them as well as materials such as swabs and files. Your in the bay area, more lives are being lost. San mateo county reported upon the death, bringing the total up to five. Three of the people who died are older adults. The fourth person was described only as an adult. In a statement, the county help officer said he believed the virus is growing adequate exponential rate. Santa clara county continues to have the highest number of deaths with 17. That is an increase of one compared to yesterday but Alameda County now has two death. San francisco, sonoma, and carter countys each have one death from the virus. Hea
A morgue. And the gunmen who attacked the new zealand guilty it was a little over a year 51 people in Christ Church. I merely phenomenon welcome on wednesday the bonus track approved a sweeping rescue package to question the economic blow from coronavirus its designed to support Health Care Infrastructure in russia billions of euros in may to businesses that are struggling and in a historic move lawmakers voted to scrap rules limiting how much money the country can borrow. Parliament in crisis mode the bundestag has changed its rules to allow decisions to be taken with fewer members present the normal those who were there sat at a safe distance from each other as parliamentary president volved. Called on deputies to show support for the key workers who are helping to keep the country going to try and get. Food express thanks in respect to the doctors care workers and those in the health and security or thora tis who are being tested to their limits every day. If you want and you think