Live now with a discussion with Public Health officials unsafely on safelythe u. S. Reopening the u. S. Good morning and welcome to Washington Post live. Im eugene scott, political reporter of the Washington Post, and id like to welcome our first guest this morning, assistant Health Secretary at hhs and a member of president Trumps Coronavirus Task force. Thank you so much for joining me. Good morning, is great to be here with you, thanks for the invitation. Host and i got the correct, right . You know, im from deep down in the country louisiana and that is pretty darn close. Thats a great first try at that. Host ok, great, great. Admiral, you are the white house testing czar and lead developer of the hhs Public Health policy recommendations, so i was hoping you could give us a bit of an overview on the Current Situation on the ground today. So, the situation on the ground with the pandemic, i think everyone understands that similar to where we were postmemorial day, we have had a sign
Yesterday from those companies, the reaction today, apple slammed by falling iphone sales, but you might remember the company was relatively optimistic for the iphone 12. That said, not a good day for the tech stocks today. Now, for the week, the market really had a rough week. The dow down 6. 5 , so thats almost 2,000 points. It was at one point, 1800 at the close. The s p and the nasdaq both down more than 5 apiece for the week, so its the worst week since march, also the worst month since march for the market. The dow down more than 4 percent for october, 4. 6. The s p and nasdaq also off for the month a little less than 3 . Theyre all red for the second month in a row. So thats where we are. Now, the s p since the 3rd of august is something weve been tracking as well. Well get back to that in one moment. The president is speaking before he boards the plane. Lets listen to this, and well get back to the market. And since 1972, but i think were of a good chance. Theres tremendous its
Prime minister johnson born the house of commons the number of deaths could be twice as high as the first wave in the spring if National Action is not taken. Pubs, gyms, and nonessential shops will close for four weeks under the plan, which is subject to parliamentary approval. Hurricane zeta, which tore through this out last week, may point 4 insurers four billion. The damage was mostly from wind and storm surges. The storm affected nine u. S. States. The biggest losses were in louisiana, mississippi, and georgia. Formedrricane zeta has in the caribbean sea. It will bring heavy rain and wind and storm surge to central america. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 5 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on th
Im now going to throw to Stacey Herbert because she is packed in here i want to check in now so what the audience can understand what you were saying is last year around june of of 29 you asked royce of gold money dot com how on earth negative Interest Rates could ever exist because never in history had that happened and he said the one thing it could possibly be suggesting is huge decline in population whether through choice that people just decide not to have children or a pandemic then it would make sense you know a lot of our system is quite massed up and we just refuse to where we have so many sunk costs right that we cant really change course the globe is orchestrated with the infrastructure of finance and banking and geo economics and globalization and trade as all engineered for just in time so theres a kind of inertia that happens when Something Like a black swan arrives like a pandemic and we all are just sit there waiting for something to happen or for it to go away because
This guy from the World Health Organization and basically dr David Nabarro tells andrew neil we really do appeal to all World Leaders stop using lockdown as your primary control method and his exact words are paraphrased say is that we at the World Health Organization do not advocate lockdowns as a primary means of control of this virus he the reason why he says that is because they predict a doubling of the poverty rate in the next 12 months and a doubling of childhood malnutrition so there are costs to our ramshackle lockdowns and our failure to stop this pandemic right theres the population as the negative Interest Rates were forecasting you know in summer of 2019 but see what youre describing there what thought the came to my mind is that we in the United States. Its another countries dont do nuance very well its always very good right or wrong stop go its not very subtle there are no shades theres no discretion theres no self autonomy and i think were going to Start Talking about