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A lot for starting your day with the kron 00 00am morning news on Marty Gonzales. It is saturday november 7th and this morning we still dont know whos going to be the next president of the United States. But the number of ballots that still need to be counted is quickly winding down and well have the latest for you on that coming up in just seconds but first want to start the hour with a quick check of the forecast from days bar we getting some rain little clouds cooler temperatures right a real feeling of fall coming our way marty got that right thats going to be around all into next week as well. Now the picture that we have going on right now still dealing with some cloud cover kind of left over for some rain that played with us from yesterday and thats going to be a possibility through the weekend to women quickly retired that shot of rain but a lot of dry air still to neg ....
With six president s on some of the most difficult Challenging Health crisis to confront humanity. Hivaids, ebola, topeka will probably nothing on the dangerous disruption, divisive as covid19. His claimed more than 170,000 lives in the u. S. Alone. 5. 4 million cases here. I first covered and interviewed him when i was a White House Correspondent seen in the 1980s and hivaids was exploding first on the scene. Good to be with you. Let me start by saying thank you for your time again and how are you doing in the middle of all of this . This is insanity. You are right. It is really surreal but im fine, it is very intense. Obviously we are working 16 and 17 hours a day on this. It is something we have to do. It is a challenge as you all know, is historic, we havent seen anything like this in 102 years. Since the 1918 pandemic. Its challenging to the entire world a ....
Jonathan of course, by all means, go on. Dir. Kudlow you had a sermon jonathan with all respect, that was not a sermon. Dir. Kudlow there are other ways to do with these problems. Throwing money at them is not the only answer. You have to create Economic Growth and incentive. We are willing to spend money. Thats not the point. The president has endorsed another round of direct mail checks. He has endorsed that. He has also endorsed continued unemployment assistance. The question is, what is the overall policy to make sure that it makes sense that there are incentives to go back to work . We have a very fullfledged plan to do exactly that. We want to reward people and the businesses they work for to go back to work. We will extend the tpt. That is part of our package. Im not going to negotiate, but that is in the mix. We have retention credit for new jobs, we have benefits for reemployment. We should give existing workers a tremen ....
And up to 200,000 deaths. The president listening to his medical advisers and he has adjusted policy. The social distancing rules will be extended until april 30th. Therefore, the shutdown of the economy will continue well beyond easter. The president says the recovery will start by june 1st. On the markets, expect continued volatility. We have certainly seen that already today. At one point early this morning, futures showed a loss of a couple hundred points. Now we are looking at a gain at the opening bell of a couple hundred points. That would be almost 1 . A similar gain, better gain, actually, for the nasdaq, up about 1. 25 and the s p also up over 1 . A rally at the opening bell. Investors seem to like the idea of more pain now so we get out of it faster. The other big financial story is the price of oil. This is apart from the virus. This is the price of oil. Look at it. Its down to 20 a barrel. Earlier it hit 19. 20. 48 is the price right now. The saudis have declared war on United States , San Francisco , New Orleans , New York , Rhode Island , City Of , United Kingdom , Staten Island , New Jersey , Saudi Arabia , Capitol Hill , District Of Columbia , North Dakota , Keith Fitz Gerald , August Stuart , Charles Stuart , Imran Khan , Nancy Pelosi , Ronald Reagan , Joe Biden , Papa John , Greg Walden , Jerome Adams , Andrew Cuomo , Susan Li , America Stuart ,