Governors are saying we have done a fantastic job. Gavin newsom said there is not a thing he asked for we werent able to give them. Critical guy like we all are, but it was a very positive statement. Many democrat governors have said that the task force and, the federal government, what weve done has been terrific. Reporter [inaudible] well, this was unexpected this was something that came out of china and, it hit us and many other countries. You look at numbers, see numbers watching you folks, i see it over 100 Different Countries and it hit the world and were prepared. Were doing a great job with it. It will go away. Just stay calm, it will go away. We want to protect our shipping industry, our cruise industries, cruise ships, we want to protect our airline industry, very important but everybody has to be vigilant and has to be careful. But be calm. It is really working out and a lot of good things will happen. The consumer ready. The consumer so powerful in our country what weve don
Ss . The Trump Administration promising help for businesses big and small affected by the coronavirus outbreak. The cruise industry, will it be first in line, hat in hand, after getting soaked yesterday . Cruise line stocks are still getting buffeted by wild investor winds this session with major names halted multiple times in hopes of the government throwing the industry a life preserver. One of the worlds leading Infectious Disease experts faces off against cruise industry guru the cruise guy. He says cruise ships should not be taking off at all until the virus is better understood, while stuart says he would jump on one and travel the high seas right now. Stay tuned for that debate. One of the most respected Bank Analysts in the nation waved the warning flag on bank stocks five weeks ago. Dick bove way back on february 3rd said stay away from Financials Due to this mystery virus that appeared to be spreading back then in china. Dick is back today in a fox business exclusive. We will
We will dig in and follow every move the cbo out today saying the deficit will increase more than earl remember forecast as david said, retail strengths, lowes up t. Target up, more signs of spending from the consumer charlie, welcome this is your kind of rally day any great reason behind it the American Economy continuing to be 70 consumer form the consumer is in very good shape he walmart had seals up almost 3 , target, home depot showing strong results its very hard to have a recession with dropping unemployment, rising wages and strong consumer spending, and yet some of the members of the fed want to cut 50 basis appoints, double what they did. I dont think theyll succeed. I think theres just as many that dont want a cut at all we need to keep bullets in the gun, this is not the time to be cutting rates in the middle of a Strong Economy frankly i think the president s tweets actually decrease the chance of a cut. Nobody on the fed wants to look like theyre bowing to his whim. Lots
Disadvantage to the company overall. People dont forget. Cheryl thats the problem. People will not forget that. Youre advertising during the nfl draft. Youre going to get a can because a guy decides to be a girl. What did you actually do . That turns people off as well. Cheryl get back to business, businesses. Chris and krisha, stay right there. The next hour of mornings with maria starts right now. Cheryl and its time for the word on wall street, top investors watching your money. Joining me now, michael lee strategy founder, michael lee, and market strategist, Katherine Rooney vera. Mike, want to start with you, the big news this morning obviously on a monday, regulators just a couple hours ago seizing First Republic bank, agreeing to sell to jp morgan. Jp morgan will assume all of First Republics deposits and buy most of its assets. First republic is the second largest failure in u. S. History as far as banks go. The stock halted in the premarket, down almost 46 . I spoke to Odeon C
Button on the east coast, billionaires donated upwards 500, 6 hundred Million Dollars to Ivy League Schools backing out over the schools failure to condemn the hamas attacks on israel west inner foundation writes we are stunned at failure of harvard leadership ununqualitative stand against citizens. Former u. S. Ambassador jon huntsman writing this the university silence in if reprehensible historic ham evil against israel only summons be outright condemnation new low university of pennsylvania president saying school should have moved faster to sheer position right now rest of the hour former fbi special agent Nicole Parker joining the conversation thank you so much for being here reaction to all of this . When people are putting up tons of want to know going towards a good because, it is entirely unacceptable to donors to not take a stand students have rights to speak up they also need to ways going on, abhorrent, absolutely abhorrent. Of course, weve got people like, major donors, b