5. 1 Million People filing for unemployment in the last week. We have the numbers and full amounts this morning. Ahead of the numbers, futures pointing to gain at start of trading, take a look at futures, 100 points on dow industrials, s p is up 15 and nasdaq higher by 72. This after worse than expected news yesterday in resail sales and disappointing earnings led to selloff in market. Dow industrials down 445 points. Nasdaq down 122 and s p was lower by 62. Earnings season rolls on. This morning more banks on tap. Weve got all the numbers you need to see this morning as we ahate Morgan Stanley, blackrock among others. Plus the origins of the coronavirus. More focus this morning turns to a lab in wuhan, china. Something ive been highlights for several months now. Mornings with maria begins right now. Global markets this morning look like this. Cac quarante in paris is up 28 and germany taking steps to reopen its economy and Angela Merkel announcing some stores can reopen next week and schools will be reopening on may fourth. In asia overnight markets were mostly lower, take a look at the asian numbers, japanese Prime Minister shinzo abe reportedly to expand state of emergency to cover the entire country. The nikkeis average down one and a third percent overnight. Trump Administration Reportedly considering paying u. S. Oil companies to cut production as demand falls and prices hit levels not seen since 2002 with the price of crude oil 20. 17 a barrel. Some of the top stories that we are watching this morning. President trump is expected to reveal plans to get americans back to work. Today sources telling fox news that the president will speak with all governors this afternoon before addressing the nation on his strategy for reopening the economy. The battle continues but the data suggests that nationwide we have passed the peak on new cases. Hopefully that will continue and we will continue to make great progress. These encouraging developments have put us in a very strong position to finalize guidelines on reopening the country. Maria the decision on what individual states do will fall to the governors. We are talking about that this morning. Announcement coming in the new heels that major u. S. Cities flattening the coronavirus curve. The president pointed to declining cases in new york metro area, detroit, denver and progress in the washington, d. C. Area. Philadelphia and st. Louis as well. New yorkers are required to wear face coverings in public to stop the spread of the coronavirus. Governor andrew cuomo yesterday issued executive order requiring everybody to wear a pacific or a clothe over your nose and mouth in public and not able to maintain do this if youre not able to maybe taken a 6foot distance between other people. Los angeles already passed the similar rule requiring all workers at Grocery Stores, pharmacies, delivery drivers all to wear face covering. Now an executive order in new york. Demonstrators in several states took to the strengths yesterday to protest the government stay at home orders. They are talking about civil rights here and in michigan thousands swarmed State Capitol in lansing those taking part in operation gridlock. Say the orders meant to prevent the spread of the coronavirus are actually restricting their freedom and civil rights. Similar protests were held in kentucky yesterday. Demonstrators gathered outside of capitol hill in frankfurt while the governor gave daily virus update. And the World Health Organization has responded to the president s plan to withhold funding to the World Health Organization. The group says that it would look to fill the gaps from other donors. The general director saying his focus now is on stopping the coronavirus and saving lives. President trump has criticized the World Health Organization for mismanaging its response to the pandemic and going along with chinas misinformation. The beijing deadly coverup continues. Fox news reporting something that ive been covering and reporting on this program for months and that is chinas mishandling and lying about the origins of the covid19 virus. Sources tell fox news that the disease did, in fact, come from the wuhan lab that we have been discussing with initial transmission going from bat to human, patient zero washingtoned at the lab and went into the general public. Senate Armed ServicesCommittee Member tom cotton spoke with me in february about the laboratory. Maria weve been told that this originated from open Seafood Market. You have a market that you have bats, cats an pigs and all sorts of animals all at once and also speculation that perhaps id did not originate there. Tell us what you do know. The virus did not originate in the wuhan market. Epidemiologist who are widely respected have demonstrated that several of the original cases did not have any contact with that food market. The virus went into the food market before it came out of the food market. We dont know where it originated but we do know that we have to get to the bottom of that. We also know that just a few miles away from the food market is chinas only biosafety Level Four Super Laboratory that researches human Infectious Diseases. Because of chinas dishonesty from the beginning, we need to at least ask the question to see what the evidence says and china right now is not giving any evidence on that question at all. Maria there you go. We have been talking about that ever since. Joining the conversation Dagen Mcdowell, senior fellow forward strategist president mattie and opinion enterpriser joseph. Thank you very much for being here. Dagen great to see you, maria. Good morning. Maria you have a lab thats studying the coronavirus. At this point it looks like it was an accident that it got out, but, again, how do you know what it is Dagen Mcdowell when china has been lying from the getgo and playing this down and as i speculated from the getgo, theres a reason they did not let in the cdc from the beginning. Dagen you have been on this from moment one and talking about this literally for months now, since at least at least early february, maria, based on based on my memory, but the problem here is maria you and i talked about it. Dagen every time it came up there was never any explanation for stonewalling and the lying and why are you keeping the cdc out, why were you dragging your feet and why was the World Health Organization essentially spreading the lies from the Chinese Government. Here is the issue, as you said that this new report in from fox news says that this virus got out not as a bioweapon but as part of effort to demonstrate chinas effort to demonstrate that it could identify and combat viruses. Maria we dont know that. Dagen the problem is we will probably never really get to the bottom of what happened because as i keep saying communism, we either kill you accidentally or intentionally. [laughter] maria thats right. Accidentally or intentionally. Thats exactly right and we dont know how it actually got out. They are saying, we we wanted to show that we are better at viruses. By the way, im not buying it, okay. The problem with this is that this is going to trigger copycats. Okay, a virus got out of this lab and it killed all of those people across the world. Wow, in retrospect you can see people saying that was easy in terms of getting my enemies out of the way. I even spoke with haymen capitol founder kyle bass as well as senator rubio in beijing trying to play down this pan dem trick the getgo. We all know that the Chinese Government lies and cheats and steals its way through the world. China as you know how many people are there 1. 3 billion people if anyone believe what the death infection is what they published, ive got a bridge to sell them in arizona. Let them be no doubt the failure of Chinese Communist party to be transparent and open up to the world and disclose this early, cost the lives of people around the world, have cost infections of people around the world and spread faster and further than it needed to. Maria whats your reaction of all of this. Going into the pandemic. Lets not forget the pressure that xi jinping was under. You had protestors in hong kong protesting the authoritarianism coming out of china, you had an economy was that declining because of President Trumps rather, he was under tremendous pressure going into the pandemic. Its worst in china as well, by the way, this accident that came out of the wuhan lab, joseph. China is the perfection of the lie. When we sit here and try to analyze where we are today, Ronald Reagan famously that we have to trust but verify. If theyre not allowing you to verify the truth, you can most assurely believe theres a lie somewhere below. So i think when you look at this situation, we are talking much about President Trump defunding who, who is symptom of this greater kind of fraud perpetrated on the world by china for their inability and their complicity in spreading the plague from continent to continent by their inability to actually confront the truth. Maria yeah, mattie, your reaction from this . Youre not hearing a lot about the protestors in hong kong, are you . Mattie certainly right, maria. W. H. O. Is supposed to be engaged in tracking down exactly where the virus came from and while we dont know the root cause of it yet we do know a couple of things of chinas response. They waited a week to start notifying people that this was a problem and started spreading like wild flower in the chinese population. Even if we consider a different origins, we know a couple of things of chinas response and it was sorely defficient. Dagen the Government Task force chief on that day finally announced person to person transmission. What a coincidence that that was the day that the cdc confirmed that there was americans on the ground who had been in wuhan who were back here that came back to the United States with coronavirus. They waited that long to confirm human to human transmission. Maria dont forget what i had treated about as soon as i got back from davos around january 31st, i treated this out, let me get this straight, i wrote, we learn about coronavirus and that chinese knew about it at the end of december and they sent delegation to washington to shake everybodys hand and do phase 1 of the trade deal and sent the largest delegation 350 people to davos and, then, of course, we learned the fate of the coronavirus and what had taken place. I heard from my sources in washington that after they did the trade deal, the officials in washington after signing that phase 1 trade deal they learned from the chinese about the coronavirus 2 or 3 days later, after they did the deal in washington. So we will talk a lot about this this morning and one key issue to talk about is the the issue thats facing Corporate America today. What are they going to do . Big decisions to be made in terms of supply chains an trusting china. We will talk about this this morning. Stay with us. We will be right back. Maria welcome back, firmer tone for markets. Take a look at futures, indicating a gain of 69 points. S p is up 11 and nasdaq up 65 as the country awaits details of the president s plan to reopen the economy. Today we will get those details from the president and comes as investors are bracing for whats expected to be another damaging weekly jobless claims report thats due out in about 2hours time, we will have the jobless claims numbers for you. The data is expected to show that 5. 1 million americans filed for Unemployment Benefits last week. Joining me linda dissell, great to see you this morning. We are talking above 20 Million People filing for unemployment in just the last four weeks when we get the numbers this morning at 5. 1 million. Is this priced into the market . How do you read the jobless numbers on a weekly basis now, linda, since its gone negative . Linda its like anything else. The market is deciding we are going to look through it. 10 easily unemployment and i guess mnuchin said we can go up to 20 but the good news is that the fed and the government has the backs of these people and we are all fingers crossed until we get this out reasonably soon. Maria yeah, do you want to invest in environments like this . We have Companies Soaring on earnings, thats bed, bath beyond. Is this enough to get the economy back and running again or is this an environment where you want to look for value, look for stocks that have been beaten down and perhaps are growth stories . Linda the markets come up strong because of massive moves by fiscal and monetary policy. In terms of getting the economy back going, the devil is going to be in the details. We are investing looking forward reminding ourselves that we are in a secular bull and we have a lot of things going for news the United States. We may have lost a year, we may have lost 2 years, but the patient investor buys on down days and longterm investor. We will get good sales really in stock. Maria yeah. Dagen mcdowell jump in here because i know that we are expecting contraction for the first couple of quarters for economy and, dagen, we are expecting a little bit of rebound, growth number in the Fourth Quarter. Dagen a lot of problems that will have to con front and people are trying to figure out how many of the jobs will be lost permanently. The wall street journal has a story today about smaller companies, stimulus. S . Something that you raised. Stimulus was not solution, we decide today cut our losses and just shut down. Go into this this contraction and shutdown to fight the virus with record amount of corporate debt and a lot of the companies will eventually the fed is not going to rescue them. The fed rescued large parts of the bond market but the Federal Reserve will not rescue these companies and they will ultimately disappear. We are going to have a mountain of debt, giant fed Balance Sheet and maybe a lot a lot more government regulation and much higher taxes potentially to pay for all of this. Thats got to go into your longterm equation. Maria its a good point, linda, because right now the debt is actually higher, our debt is higher than the size of the economy at 22 trillion. Linda i know. Dagen made an excellent comment about Many Companies will not survive this. Thats part of the devil in the details, is that we have so many Small Businesses and mediumsize businesses so as investor we look for the stronger companies, probably a lot of mergers going on in the future, Companies Taking advantage of others that just cant make it on their own. Maria all right, we will leave it there. Linda, good to see you, thanks very much. Linda thank you very much. Have a good day. 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Because beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected. To do the extraordinary. Take your business beyond. Maria welcome back, preventing the spread of covid19. New York Governor Andrew Cuomo signing an order that requires face masks to be worn in Public Places in new york this coming as los angeles requiring to use masks in businesses. Even Eric Garcetti said large concerts can be halted until 2021. Joining me medicine chairman bob lajita. Give us your sense of the hospital end of it and in terms of the status of where we are today. Okay, you heard over and over that mitigation works and seem to have flattening the curve. For us in the hospital thats been a bit of a problem. It continues. We have sicker patients now and we have less admissions but the emergency room is filled with people, the halls are filled with people. They are much sicker. We are seeing less numbers but the patients that are coming in are all winding up in intensive care and we are trying to discharge as many people that are covid positive but are stable and often times they need home oxygen and stuff like that, trying to get them out so that we can make room for those who are very, very sick coming in. Maria so do you have the protective gear that you need . Do you feel like you can take patient asway heart attack victim, stroke victim, can you do that or are you overrun with coronavirus . Well, we have cohorted patients that have coronavirus on specific floors and thats the majority of the hospital. We have created additional two intensive care units in various areas of the hospital and one is post anesthesia, but most hospitals have stopped doing elective surgery and such. Maria yeah, i know that, thats incredible. Dagen mcdowell, jump in. Dagen doctor, in terms of face mask