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Definitely a flight to safety today and for the entire week when it comes to stocks in general. Lets take a look at this tenyear note, the yield on that, because it continues to move lower as investors are buying bonds, the yield moves lower. We havent seen the inverted yield curve with the three month this low since september. The concern from investors here, what theyll read into it, is that the Coronavirus Impact could potentially, potentially cause a recession, and so were getting that talk circulating back on the floor again. Meantime, were seeing a big move in gold today too, another 25, supporting the idea that people are worried about the virus, the notion that the chinese may not be telling us the whole entire story and that its moving outside of china quicker than we thought. The final point ill make about this is, yes, apple said it was going to have a big impact on its first quarter, but coke saying its going to ta ....
Selling the message. Good afternoon. Maybe its a good thing the president ial debate for tonight was canceled by the commission. If this news had a broken at 4 00 p. M. When there was a debate in five hours it would have thrown up in the air. I had checked with steve scully myself, ive known him for a long time just to say it, wanted to check sure to make sure these reports that you are hacked were accurate. He says that is correct. He was not truthful to me either. What we are going to have tonight is to competing town halls instead of the single town hall debate with the commission of the president ial debate. Who knows what the future of the entire organization and the next debate is going to be. Donald trump will be in miami. He will be on nbc and joe biden will be in philadelphia. Both of these are at 8 00 p. M. Tonight which is interesting that theyll be competing with each other. Voters will get a chance to see them, obviously not sidebyside, but they wont be able to watch one o ....
House and were told right now that they are close. Whether it could be a mute point trying to win over the senate, we are all over the story that had the markets on a wild ride. First a chat, where all this stands right now. Hey. Good afternoon, neil, House Speaker nancy pelosi and secretary of treasury, mnuchin began talking at 3 00 eastern time. Earlier in the day, we didnt think we would find out where they went with the talks until markets close. Nothing just yet. The speaker of the house, nancy pelosi, says they are inching along and getting closer. Speaker pelosi i think we have a shared value, not many, but a shared value that finally is a and that has been changed from over the weekend, when they put forth language that wasnt respectful of what we needed to do. Pelosi indicates if they are going to get this done before the election, they need legislative text frozen in form at end of the week. It the sides still face issues ....
This virus is getting out of hand. We got word today out of italy that the number of deaths in a single day north of 620 individuals was the highest recorded by any country on any single day including china in the better than four month history of this virus. And it is not slowing down. It is escalating in europe, it is escalating in other regions, and it is escalating here. We just got word that the new jersey governor now is putting a thing on any sort of emergency activity. If you are not essential, you were not going to work. If you are a business whose items are not considered essential to have, you will not open your doors. If that sounds familiar, it should, because it is happening in california. It is happening in new york. It is happening in pennsylvania. 70 million americans are under such restrictions, it probably wont end there. Lets get the reed from john roberts at the white house on how the president is handling all of this. John. Good afternoon, the president right now ....
Be closer than you think or they think. The administration insists that they politicized and in some cases use their Public Service and security clearances inappropriately. All six are frequent administration critics, which prompted allegations the president could be launching his own witch hunt. Lost in the argument is whether the president can do this, which he can. How is it that so many former top officials now out of power have access to this intelligence, which they do . To kevin corke at the white house on the furious fallout from this. Hi, kevin. Good to be with you. You can almost hear an audible gasp. I can hear it sitting on the front row when she said it. I can hear people reacting almost immediately to this idea that the president and this administration might revoke the security clearances of a number of former Obama Administration intelligence officials t ....