Unthermal nuclear war. It was a big deal at the time. And so now to go back and listen to what has happened to Nuclear Weapons from truman to trump is, is really, really remarkable. Our author grew up in the midwest in kansas, went to Oberlin College thinking he was going to be a lut major lit major, but watergate changed him to political science. And then he went on to graduate school at mit, and it was International Relations and Nuclear Strategy. Then he moved to washington as a defense policy adviser for the house of representatives. But, you know, government work being what it is, he decided that wasnt for him. So after a couple of years he left and wrote his really widelyacclaimed book the wizards of armageddon an inside history of Nuclear Strategy. He then spent time, he joined the boston globe because they were looking for experts in defense and that sort of thing and stayed with the boston globe for 20 years. He was bureau chief in moscow, bureau chief in new york city. By the
A theyre all filing for Unemployment Insurance now weve got a whole industry of independent contractors. That are going to be able to get paid and cant get an image and we just see if low down in the rest right now weve got school loans being weve got businesses closing and so its important to provide relief as quickly as possible to individual workers who are affected as well. Is it going to get wars before it gets better. You know larry and 14 i think its going to get much much worse and i think depending on how long this goes on itll tell us what the recovery the problem out to many. 100 will live paycheck to paycheck Small Businesses this country generally operate with a very slim profit margin so they can probably withstand workers Small Businesses maybe you know a week or 2 of disruption but boy this goes on for a month or so im worried that a lot of the Small Businesses will never recover and then theres that disruption throughout society whether its you know school kids not wor
780 points s p also up 3. 4 the nasdaq up by 2. 5 . This morning, you do see some red arrows right now, the dow is down by 111 points the nasdaq down by 65 points jobless claims number that people will be watching so closely. Keeping an eye on trezy yields, it looked like the yell was trading at 3. 7 . Thank you, we have an update now and numbers. Confirmed cases in the United States is now more than 432,000. More than infections in italy, spain and germany combined new york state has 151,000 and 6,200 deaths Trump Administration is saying they are seeing real evidence that the measures being taken are working. A battle is brewing on capitol hill over new outbreak funding demanding 250 billion in new funding. House speaker and Senate Minority leader saying any new package would need to include more for additional money for hospitals, state and local governments. The senate is expected to bring competing measures to the floor today. Neither are expected to pass fed chair jay powell is s
They are right now. Neel kashkari helped pull the nation out of our last economic crisis. Now with the Federal Reserve, he has a frank view of what must be done to save the economy from coronavirus. Having been on the front line of the 2008 financial crisis, and i saw how devastating that was, we did get through it. We will get through this crisis. Rightwing populism is making a notsosubtle comeback in europe. We found an interesting example in hungary, where a Government Program intends to stimulate birth rates by taking over fertility clinics, offering free treatments, giving cash loans, and even subsidizing minivans for young, married couples who become new parents. Im lesley stahl. Im bill whitaker. Im anderson cooper. Im jon wertheim. Im scott pelley. Those stories, tonight, on 60 minutes. ticking togethe a hand especially now with 6month payment relief. Buy a new ford, well defer 3 payments and make 3 payments for peace of mind up to 6 months. Shop at ford. Com or contact your fo
The nasdaq up 1. 3 , and the vix is at 52. Obviously it is going to be a volatile week. We have the 10 year yield at 61 basis points at the moment. Any number of things moving these markets. Guy i think in many ways, youre right. It is going to be a volatile week. We sibley dont know what is coming down the pike towards us. Is an ok opening. Considering the numbers we had over the weekend, considering what is going on, this is a very undramatic open. It is placid by comparison to what you couldve expected. A couple of exceptions, the. Obviously a couple of exceptions, though. Obviously, what is happening in the crude market is something to be paid attention to. Take a look at the contango in brent crude. It is terrifying. Take a look at btu at bdp yields in italy. There are problems still very much unresolved. Some of those problems exist here in europe. We are waiting to see what is going to happen with corona bonds, etc. , and whether europe is going to stick together. Youve also got