Good thursday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt at post nine of the new york stock exchange. Morgan brennan with us from hq were going to continue to bring you nonstop market coverage from separate locations for a while as we reduce travel for employees as a precaution due to the spread of the virus. For the markets volatile this morning where we will start. Major averages deep in the red, had a circuit breaker. The president did institute the 30day travel ban for europe excluding the uk in an effort to curb the spread of the virus ali and brian both here on set thank you for coming in. Good to see you. Brian, what do we say . We know youve liked opportunities in this market do you still think theyre here . Its an honor to be here today on days like this, and when youre a strategist and portfolio manager, because we do both, we are defaulting to terms of i call it the three ps of investment management, perspective, poise and process okay the perspecti
President trump already making comments over the last few weeks about toyota, motor taxes, things like that. Certainly commenting as well on japans currency. All of this impacting how we think about various aspects of the market. So this is an important meeting today. They will meet at the white house. Then head down to florida for a round of golf, maybe more than one. Still waiting on that. But they will head down to maralago where we understand Prime Minister abe will be staying at maralago as well which is interesting news in and of itself. We continue to watch the story. Youre looking at the japan nikkei. Since donald trump was elected president , up double digits. Were going to take you to the white house once we see the delegation arrive. I have the traders in front of me today as well. Ive got steven weiss, josh brown. Steve, weve entertained this conversation almost daily now as to which markets you really want to be in. This is a reminder of things happening outside the u. S.
Tonight theyre reporting that this 117bed hospital at united memorial is considering just becoming a 100 covid facility because they mostly have Covid Patients now anyway, and their numbers in North Houston just keep rising and rising relentlessly. So i want to show you this footage from the ap tonight because its a rare scene that most of us dont usually get to see of how this all ends, of what the inevitable consequence is of these skyrocketing numbers. Over 3 million cases now in the United States. Regularly 50,000 new cases a day now. Record hospitalizations in arizona, florida, texas, california, all over. The inevitable consequence of all of that is what happens in hospital rooms like this one youre about to see in North Houston. And i frankly also wanted foosee this tonight specifically because the doctors at this hospital working with Covid Patients and trying to save these patients lives, they specifically want the country to see this. The doctors in this hospital invited the
Thank tuesday you at home for joining us this hour. Today an Associated Press reporter was able to shoot some remarkable footage inside united Memorial Medical Center. United Memorial Medical Center is a relatively small hospital on the north side of houston, texas. The whole hospital has i believe 117 beds. Right now 88 of those 117 beds are devoted to Covid Patients. So the reporter and the ap, tonight theyre reporting that this 117bed hospital at united memorial is considering just becoming a 100 covid facility because they mostly have Covid Patients now anyway, and their numbers in North Houston just keep rising and rising relentlessly. So i want to show you this footage from the ap tonight because its a rare scene that most of us dont usually get to see of how this all ends, of what the inevitable consequence is of these skyrocketing numbers. Over 3 million cases now in the United States. Regularly 50,000 new cases a day now. Record hospitalizations in arizona, florida, texas, cal
Protest of George Wallaces segregation now, segregation forever a doctoral address. And for the first time they had said its wrong and that was a really notable departure for someone to make a public statement. We listened to that now and it just seems so trivial for somebody to say that but at the time they were really going out on a limb. So when they get this back from king you know they go you are so misunderstood and when i interviewed him in the 80s he was still complaining about how king had made them out to be a bigot. That was what he had taken away from this experience. What the d. Say . I miss some of that. Rabbi was complaining in the 80s when i talk to him that king had made him out to be a bigot and he was really sore about that. If we could collect the written questions now and we will continue but we will go ahead and do that. You may want to research this later. I am Roman Catholic and i would remind you of this. Dr. King when the the United States itself. [inaudible]