The nasdaq down by 25 points this morning, youll see futures are lower again. These are modest declines. The types of numbers we used to see all the time in the morning just over a month ago. Right now, the dow looks like it would open about 42 points nasdaq around 18 points. Keeping track of treasury yields we find ourselves this morning again with the yield indicated around those levels. 0. 7 and change andrew lets bring you an update on the pandemic and some of the numbers. The number of confirmed u. S. Cases rising to 400,000. More than 12,000 have died in america. New york is the epicenter with 140,000 confirmed cases. New york, new jersey and l. A. Reporting the deadliest day. And los angeles mandates masks as essential sharing this responsibility to keep workers and everybody safe which is why we are requiring customers to wear face coverings. Shopping for groceries, picking up a precipitation or any other business, you will need to cover your face. If you are not covering your face by friday morning, an essential business can refuse you service. Overseas in china, authorities there lifting the 11week lockdown on wuhan allowing residents to travel in and out of that city as long as they have a a mandatory Smartphone App that shows that they have not had contact with anyone with the virus. Trains began running and highways opened about the same time given what china is doing, it raises the question about when we do get to the other side, whether that will be the thing we do with smartphones and questions about privacy and civil libertyies whether youll be able to walk around at will or how it is going to work awful day for the optimistic case reading the wall street journal. And the analysis there talking about what the world will look like in terms of surveillance the facts on the ground in wuhan were horrific. I dont know what to believe at this point but asymptomatic cases are up a bit in wuhan i dont know what to think is this thing put to bed it didnt sound like it at all i saw the articles and reading the materials and research there is a real question about whether this is coming back in china and elsewhere. Hard to know. I dont think it is all that surprising if you think about the idea that staying if you think about the idea of the severe shutdown they did in wuhan, that is the reason they had so much success but once you release those restrictions, thats the question when people go back to work and school, what is to stop that spread from coming back. Thats the question weve been kicking around with dr. Scott most of the week still a terrible number. I was surprised only down 43 but we did give back 900 yesterday. Then youve got the uk Prime Minister who is in stable condition but did spend a second night in icu uk reporting the largest daily rise in death yesterday. 786 was the number in one day. That was attributed partly to a lag in Data Collection over the weekend. It is not like here. The way to pass to dominic raab that he has the football, the Nuclear Codes it is not that clear. People love to rally around. Churchill one of his idols it is difficult to see that. Moving on to john prine who died at 73 years old from coronavirus. Receiving treatment in nashville. He did have several Underlying Health issues including lung cancer as we mentioned earlier, the u. S. Hitting 400,000 cases overnight. A look at the curve, the daily chart of new cases in the United States bringing in the former Health Commissioner dr. Scott leeb. Cnbc contributor and serves on the board of lumina. We referenced your ideas of how we are going to need to, we are going to have to watch individual cases and make sure that we monitor those and track those and not let them get out of hand. That sounds impossible but probably something necessary to do you want to be diagnosing people with the infection. Not what china is doing, wuhan is doing with these alerts you do want to be having diagnostics in the community when people are infected, you can force isolations and tell them they have to stay home. That is the essence of casebased intervention. Targeting the people who are infected rather than the whole population we need to have the resources to look for the people that have the infection rather than the whole population how can you decide who it test to isolate if you are asymptomatic thats the problem with this virus. There was a study out yesterday that said four or five cases may be asymptomatic. It is probably pretty high the numbers of those who dont know they have the virus one approach is you test everyone who presents to the doctors office. If you come in to see your physician, just like they listen to your chest. They swab you for the coronavirus. Three or four visits a week to outpatient hospitals or basically testing a sample of the population on a regular basis to look at where the virus is circulating and when you find an area where it is circulating, you deal with that area. This isnt just going away this is going to circulate at low levels we need to keep it from exploding and keep it from happening again. Lets say the asymptomatic cases werent as high. What if they are much higher and not herd immunity but a lot of people dont hawould have the antibodies . We would see it peter out towards summer months . Is this there a positive way that this could turn out or is this hoping against hope that that happens probably not absent technology you are talking about testing and looking for antibodies and people who were exposed and people who were asymptomatic and didnt know it there is speculation that people are exposed around 2 to 5 the idea of 10 to 30 americans who have had this and we drnlt know it and this is herd immunity it showed the younger people didnt develop enough immunity to suggest they had any residual immunity the younger you are, fewer antibodies were involved it is kind of lingering in them harmlessly they are not developing a level that could develop that is speculation based on the studies done if that is true. If that is a theory right now, they would suggest people would receive a level of immunity that could still be infected with this Going Forward it is hard to get our heads around about how far our lives have changed and how rapidly 400,000 cases in the United States on today. On early march, there were 11 cases. Where do you think well be a month from now the mortality rate in italy is 12 i dont think our number will go that high. It will continue to plateau. New york is turning a corner i think it will turn and start to decline thats the whole tristate area. Southeast will start to increase florida has 15,000 cases louisiana with 16,000 cases. That will continue to go up before it goes down. The whole country will come out of this towards the end of the month and well be in better shape. Getting back to a steady shape where we can surpresideppress t enough that people can go out again. So people feel confident that their risk of contracting it is very low doctor, asking you a little about privacy. How much in terms of our daily lives do you think it will change and how much are we willing to hand over in terms of privacy. How much of that conversation will we have and when do we need to we discussed the idea in a paper we put out on the idea of testing and using cell phone apps to enforce selfisolation when people have the infection, you can enforce selfisolation and tell them i have to stay home traditionally, that is done with caseworkers or police. You can do that with a cell phone app to have people check in and identify their location in china and south korea, they are using it differently to track people and track whether theyve come in contact with an infected person. I think thats an invasion of privacy. What we need to develop is when someone has been infected, we need to ask them to stay at home until no longer infected if we dont do that, well go back to these Population Based interventions. I was hearing on twitter, people feeling uncomfortable to telling people they have to stay at heem the flip side is telling a whole area to stay home. To be clear, those people have to selfidentify. Put themselves on an app on a voluntary basis and then the medical community is going to track them thats what ultimately will have to happen right . Thats what happened. If you think about what happened before we had the epidemic, we had cases. Hundreds they were doing cases. They put them in quarantine. They had them on military bases. We wont be able to do that. Well have too many people the only way do that will be with technology. We dont have enough caseworkers. Or let them roam around and know well have outbreaks in cities i think if we have very aggressive testing and when they test positive, you tell them to stay home. Until dr. Scott gottlieb, well see you again in a short time, im certain. When we come back, new data on patients suffering the worst outcome and what is behind that. Checking u. S. Futures. It looks like the dow would open down about by 17 points here, the dow ended the day down 26 points s p futures down 7. 5, nasdaq off by 14. Well be rightac bk. Awesome internet. Its more than just fast. It keeps all your devices running smoothly. With builtin security that protects your kids. No matter what theyre up to. It protects your info. And gives you 24 7 peace of mind. That if its connected, its protected. Even that that petcamera thingy. [ whines ] can your internet do that . Xfinity xfi can because its. Simple, easy, awesome. [ barking ] welcome back, new information on which coronavirus patients are suffering the worst outcomes eamon javers has that information. Good to see you. This is an aspect we are learning about that africanamericans are among the hardest hit here data still emerging but take a look at this information compiled by the Washington Post overnight. Counties that are majority black have three times the rate of infections than those that are mostly white czechs 118 reported deaths found that nearly 70 of those were black way out of proportion with chicagos general demographic. Dr. Fauci offered his explanation. Unfortunately, when you look to a predisposing situation and things that get people into icus, often leading to death, they are just those very comorbidities that are present in the africanamerican population hes said this is a problem doctors have known about forever. Africanamericans have higher risk for a lot of these conditions across the board. Those are the same conditions that make you more likely to have a bad outcome theyll need more science and data to understand but this might be another piece of how this virus is impacting society. That will affect the way americans will deal with it and how scientists have to scramble to solve the problem dr. Fauci said there is nothing we can do about it right now . Is there a longer term fix for this africanamericans would be more likely to have a blue collar job that would require them to travel to work they dont have the luchxury of staying home asthma, hypertension, having to do with stress, lifestyle, historical racism, youd have to tackle those problems we are seeing that play out across africanamerican communities now. You think about the inequality and questions that rose out of the Great Recession that will look like childs play compared to what we see coming out of this. Yes absolutely and the way this is impacting across society you are starting to see the blue collar, white collar stride here seeing the impact on immigrants coming in to work on farms all of those issues will impact our Health Care System thank you okay fascinating issue and conversation well be talking to John O Bryant about all of these Socio Economic issues. Twitters jack dorsey gives 1 billion with a b here are images of the Pandemic Impact from yesterday across america. People know aflac. Aflac . But not what they do. So were answering their questions. Aflac is auto insurance, right . No. Uh uh. Is it Homeowners Insurance . No. Uhuhuhuh is it duck insurance . Nope. Ahhh do they pay me money directly when i get sick or injured . Yeah. Aflac you got it. You know aflac boom get help with Expenses Health insurance doesnt cover. Get to know us at. Aflac dot com. There are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. Welcome back the ceo of twitter and square making a very big donation to help fight the coronaVirus Outbreak getting over to robert frank with that story. Good morning. Big indeed jack dorsey pledging 1 billion, that is about 28 of his wealth. He said his funds would go to, quote, disarming this pandemic and girls health education. The public will be able to track all of this giving through a google spread sheet. This could be the biggest gift by far bill gates giving 105 million and jeff bezos giving 100 million. Giving to an llc called start small. They can make donations and invest in for Profit Companies and they arent required to give away 5 a year or disclose their tax filings. These are very popular the use of llcs in Silicon Valley because they give donors a lot more control dorsey gave a third of his twitter shares to employees when he took over he said he hopes this gift will encourage others to give as welt robert, its a remarkable thing for jack to do one question i had about the llc. Are llcs tax deductible . When shares move, the whole thing gets deducted . Eventually. Here is how it works he takes those shares. He does not get the immediate deduct that llc as it gives those shares as grants to charitable organizations, he does get the dedungs. He doesnt have to pay a capital gain at any point. Eventually, yes, he gets the deduction. This is a sort of having the cake and eat it too. I saw this and thought it so generous of jack to do no question normally if Capital Gains were treated as income, half of that, 500 billion of that would go to the government in a time when we are so resource starved there is part of you that would like to see the government to have 5 0 seaccess but at other times, there are people like jack dorsey who may be part of resolving the problem. Absolutely. All of this is tax subsidized. I think jack dorsey would say this is a great thing he encourages others to do the same the issue if those shares could be taxed ultimately, these people have done so much good but never had their wealth taxed that needs to be discussed in washington when all of this is over, im sure there will be trillions in debt guys, just so you know im feeling proud of myself for my newfound technical success. I actually went and swapped out my teleprompter. Untaped it and taped it back up. Feeling pretty good. We should do a behind the scenes at some point, dont you think . You had trouble hooking up the teleprompter in the first place. It is awesome you know what i was thinking about, andrew. You were starting to make sense there. I got to have some is coffee or something. All these billionaires, they all prefer philanthropy because they dont think the government is as effective in dollar for dollar but boy, the minute we have a problem. It is like, give it to us. And they dont have the money to save us. Thats the kpla indicated part of this i will throw it back to you. Hold on there is one other issue you can say, look, there is an example where the government hasnt gotten it right you need somebody out there you need someone to be helpful. You are ending up where i usual liam and im trending where usually are. Great you are going to meet in the middle it is a beautiful thing. Thats where becky is then i was thinking i want to go back to worrying about carbon i do at t has connected us every day for over 100 years. And were here for you especially now, doing Everything Possible to keep you connected. Through the resilience of our network and people. We can keep learning, keep sharing, keep watching, and most of all, keep together. Its the job weve always done. It is the job we will always do. I know that every time that i suit up, there is a chance that thats the last time. 300 miles an hour, thats where i feel normal. I might be crazy but im not stupid. Having an annuity tells me that im protected. During turbulent times, consider protected Lifetime Income from an annuity as part of your Retirement Plan. This can help you cover your essential monthly expenses. Learn more at protectedincome. Org. Good moornrning and welcome alabama. Hundreds of thousands of Small Businesses in america are waiting for an injection from the government good morning. As of last night, the administration said some 310,000 applications had been assigned for a value of 82,000 that is just one step in the process. Telling us dispersement amounts wont be available for some time the Administration Says more funding is needed and treasury secretary tweeting that he plans to work with the leadership on an additional 240 billion for ppp. We did hear from three who have those sba e tran numbers assigned to his loans. With voters, the ppp is extremely popular. 96 of swing state voters support the relief package and nearly all think it is important to get this muchneeded relief for some, the relief isnt happening quickly enough just yesterday, the house chairwoman sent a response about the information needed, guidelines sent out and aid for the very smallest of businesses. Independent contractors and those are selfemployed with not even apply for this until friday there is news thword many are s waiting to get in on this program. Thank you. For more on Small Businesses and how they are navigating that loan program bringing in a friend of the show from operation hope, john, thank you for joining us hope you are staying safe and healthy. Tell us. This is your world tell us what is happening and what you are hearing i think im on the wrong show, andrew did i hear you and joe agree on something. You know,