That we have this morning. Well, houston is considering new lockdown confirmed coronavirus cases surge, florida recording cases in single day. Republican Convention Speech will take place in jacksonville. One Harvard Health expert is warning the u. S. Will hit 200,000 deaths in september, he joins us next hour. Check directly to americans. Police reform. President trump calling for Police Departments to meet the most current professional standards of force saying he will afounds announce four step plan centering minority communities. President trump warning, if leaders cant take back the city, he will. Microsoft keeping its facial Recognition Technology from police falling in the footsteps of rivals apple, amazon. Big business of youtube. Producing you to the people gaining popularity and making money from posting videos. Today the moms behind parenting videos scoring 60 million views a month. Mornings with maria is live right now. Cheryl taking a look at europe right now. Green across the board. Snapback after we saw in the United States, ftse 100, cac higher by 2 . Gdp plummeting record 20. 4 in april. Jarring number there. In ash overnight, red across the board following in wall streets brutal selloff yesterday. Big loser south korea kospi index. Top stories that are making headlines this morning laying out fourstep plan to tackle racial inequality and Police Brutality while in dallas yesterday. Here is what his plan includes, Economic Development and minority communities, confronting healthcare disparities, encouraging Police Departments to meet standards for use of force and renew calls for choice and president descending Law Enforcement in exclusive fox news interview. We also have to keep police and Law Enforcement strong. They have to be trained in a proper manner. You see events of more than 8 minutes of horror, thats a disgrace and people start saying, well, are all police like that. Police arent like that. I mean, ive seen so many incredible things that they do. Cheryl well, the calls to defund the police still growing, 30 cities are push to go reduce or redirect Police Department funds. Well, the mayor of seattle slamming President Trump for vowing to take back the city from what he calls anarchist occupying the Police Precinct there. Protestors had taken over 6 lots surrounding the Police Precinct referred to capitol hill autonomous zone. List of demands, including the city defund and abolish the Police Department. Police chief said it was not her distinction to abandon the precinct and after reports of extortion in autonomous zone. Another Big Tech Firm has banned sale of facial Recognition Software to police. Move by microsoft follows similar steps by microsoft and ibm after death of george floyd. Microsoft says it will not Sale Technology to Police Department after Congress Passed grounded human rights. Theres microsoft in the premarket up more than 2 and a quarter percent. Well, starbucks under fire after recently told employees they cant wear any black lives matter clothing or accessories. Including to internal memo, any black lives matter messages violate Company Policy against political attire and its goal of making customers feel welcome. There was swift reaction on twitter, many people are calling for a boycott against starbucks. Taking a look at the shares in premarket, broader markets higher almost 3 and a half percent. Well, florida sees a record high covid19 cases in a single day. The state Health Department reporting more than 1600 case, im 20 higher than previous record. Governor ron desantis crediting increase for the spike and florida with restriction ease on restaurants, beaches. No set date when they will end third and final phase. President trump will accept the gop nomination in jacksonville, florida, rnc picking the city to give acceptance speech in august. Charlotte was supposed to host gop convention, several Convention Events were moveed from North Carolina governor. Futures are rebounding after that steep selloff. The dow is up by 627, s p up 1 and a half indunas back gained more nasdaq gained back. Again snapback friday morning. Infections pulling the down more than 1800 points yesterday worst day for the month of march. I want to bring in wall street journal writer Jon Hilsenrath, Mattie Duppler and chief analyst, so happy to have a great panel on this friday. Your reaction in the carnage of markets. We are in times of volatility and we will continue to stay there and investors are starting to look at what companies are actually good at managing through volatility not just in this share price but also related to liquidity, exchange, who does a good job in what sector so you may have some sectors such as pharmas and tech who can do really well in the areas and still get hurt by internal volatility reflected in Foreign Exchange markets. Jon, a couple of things here, first off the jarome comments did nothing especially talking about the labor market and also, jon, you the comments from treasury secretary Steven Mnuchin that more payments, more stimulus could be on the way to u. S. Economy and that did not help despite mnuchins statements . Jon a couple of things, one is mixed messages that we are getting from policymakers and the market having trouble digesting whats good news and bad news. Is the markets reacting to things that are getting worse or Interest Rates are going to be low in the second thing is worries that this coronavirus isnt going away and its coming back and its going to be an impediment. The economy, im interested to wolfgang has to say. Cheryl wolfgang, respond to that. I think its worrisome on what we already know about the coronavirus. The mixed message of getting clarity are we going to stay in lower Interest Rate environment or go into a higher rate environment, quite frankly inflationary and what youre seeing is investors are looking more as inflationary environment. Again, i think that we are seeing a lot of investors looking at individual stocks as we are seeing and then locking looking how they actually manage this through liquidity point of view, how they can actually activate liquidity and use it the best on uncertain Economic Times which we will see for a while. Cheryl we are still going to be lower for week despite the fact that you have the nasdaq blow above 10,000, and thats the tech story. There are stocks that are really worth looking at. We know that technology has been outperforming this entire bull market. We have just a concentration of largest market Tech Companies in tech, we have a huge influence on it. I do agree with wolfgang. Zoom, i wouldnt go near with somebody elses money, its way too overvalueed. Cheryl mattie, the biggest concern here is what the economic recovery will look like and Jarome Powell was not optimistic about the jobs market earlier, mattie. Mattie thats right, cheryl, im surprised the market tanked 2 days after the comments. Chairman said that we will be heavy Market Conditions for the next couple of years potentially and real quick to wolfgang, because we saw volatility in the Retail Investor space, are those tech names still a good buy like lou said or places where you are looking to put money . Tech as well as the farmas, but, again, you to look for companies specifically and the value and the way they are looking at liquidity and managing that and the ones that historically done well and another one that wasnt named earlier like google, they know how to manage through volatility and thats part of what you have to look for. You cant just look at the trend like everybody is looking at zoom and your points on, highly valued stock. At the end of the day as i said to customers, you look have customers that have low volatility within management programs and i think thats very important because its reflective of how the entire company is being managed through the uncertain times. Cheryl maybe companies will start giving us forecast wolfgang. Great to have you on the show, thank you, sir. My pleasure. We are just Getting Started this morning, coming up in the next hour, texas congressman burgess talks about trumps visit to dallas and Police Reform. Talking the latest on oil, big story this morning, at the 8 00 oclock hour Washington Examiner byron york talks the seattle protests. Former toys are are you sure gary storch talks the state of retail and malls in america and the new voice ceo herman cain talks Police Reform and the economy and finally dagen is missing this, nascar driver bubba wall lace will talk about the changes that the support is seeing, dont miss a moment of it in next 3 hours mornings with maria. Also coming up new coronavirus risks, hot spots emerging in states like florida. All you need to know plus final day of youtube week, makes life for coming up with projects for families. Now is the time for a new bath from bath fitter. Every bath fitter bath is installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Cheryl the risk of resurgence, the nation bracing for a possible second wave of Coronavirus Infections as new hot spots emerge in states that have reopened and florida is going to be one to watch. Jacksonville will host President Trump for the Rnc Convention promising full crowds and no coronavirus restrictions. This comes as Florida Governor ron desantis says Public Schools will open at full capacity in august. Joining me jennifer caudl, full convention without restrictions, does that worry you . It does, any mass event happening around this time anywhere in the country honestly is concerning to me. This is something that myself and many of my colleagues were concerned about, the idea as time goes on, as we start opening up and things like that we start to see resurgence in cases and one of my questions is is this a resurgence in cases that we are seeing in different parts of the country or had they just not gotten hit yet but either way we need to be very cautious, this virus has not gone away yet. Cheryl let me ask you this about florida because testing increased by 37 over the last few weeks but confirmed cases have risen 28 . Doesnt it make sense that if youre going to do more testing you will get more cases . It does, absolutely, but, you know, theres a lot of variables that have gone along with that. Certainly we are testing more and thats a natural given. Anywhere that youre testing more you will have more cases because youre able to find them but, you know, in many parts of the country the country has opened up as well, so another variable is we dont know how much opening the country has sort of impacted that and allowed transition to happen, we also know that recently weve had protests as well. How much has that played a role . Theres a number of valuables playing a role and why we have increase number of cases. Thats why i said regardless of the reasoning, underlying reasoning i think the message is clear here. Coronavirus has not gone away. Its here. It has the capacity to increase and in fact, doing that in some places. Cheryl i know in arizona, jennifer, its the Younger Generation thats coming up with more positive tests, those that maybe werent social distancing and arent worried about getting sick. I will ask you about blood type, can blood type be a factor to immunity and theres a study from 23 me, 0 blood time 8 to 9 less likely to contract it. Its not the first time that we have seen blood type implemented to coronavirus, type a and type b associated with greater risk. Type a has been associated with respiratory failure, thats what youre referring to. This is not a new concept. Its not definitive. This is adding to knowledge of coronavirus in general on how blood type and genetics play a role. Really interesting to see how this sort of shakes up. The whole casone family is looking at their blood types. Dr. Jennifer caudle, appreciate it. Thank you. Cheryl major rally underway, what is driving markets . Plus the sopranos secret . The fate of tony soprano making a buzz this morning. Incomparable design makes it beautiful. State of the Art Technology makes it brilliant. The lexus nx experience the crossover in its most visionary form. Experience amazing at your lexus dealer. Cheryl demonstrations raging across seattle, protestors swarming the capitol hill neighborhood taking over city hall and forcing Police Precincts to close, seattle mayor Neither Police chief plan to resign but President Trump speaking to Harris Faulkner yesterday indicated he may step in. If there were more toughness, you wouldnt have the kind of devastation that you had in minneapolis and in seattle. We all see whats going on in seattle. If they dont straighten the situation out, we will straighten it out. We will not let seattle be occupied by anarchist. Cheryl mattie, do you think the president needs to step in and deal with the situation in seattle . We dont quite know what the circumstances are. This is really the first wear hearing. No other media is talking about whats happening in seattle which i think is shocking so we dont know the full story there. I will say that this is one of the circumstances where i would really like to see the president take a step back and not get ahead of himself with the tweeting and the comments he makes about seattle. This is the same day hes announcing what could be very substantial reforms to policing on the federal level, thats where he should be concentrating his efforts and not talking about seattle. Its interesting that the precinct was abandoned. Seattle needs to understand the circumstances there. The president he has a lot going on right now. Hes trying to show leadership role when it comes to divisions that are happening in the country. He should be focusing efforts there. Jon hilsenrath, you have to wonder if its about politics, liberal politics. I will say, mattie, to your point, former colleagues were attacked in seattle for another network, they are covering the story maybe not enough. Jon, again, this is liberal politics, maybe at its worse, letting the folks just run ramp it, take over a city . Jon well, you know, i want to talk actually about the economics of some of this and how it might relate to the politics, you know, theres a political argument going on right now that whether americas are dysfunctional, when you look at minneapolis, new york or seattle and what i want to say is some of them are reacting right now in dysfunctional ways and looks like they are seeing that in seattle but a lot of American Cities have actually had a great run over the last 10 years. Seattle is among them. When you look at where growth was happening, where Economic Activity was happening, where jobs were being created, its cities like seattle, durham, North Carolina, austin, texas, its been in places that are red and that are blue and its because the cities attract a lot of tech work and a lot of highend services. Cheryl well, you know what, jon, let me jump in because i want to get lou before we go to break. Where is big tech, where is boeing and major employers in seattle, why arent they speaking up . I disagree with mattie, its idiotic idea to create autonomous zones and let the spread. Its not something that we can have spread to other cities and creates civil unrest. Police officer said the Response Time to 911 calls has tripled, we cant have that. We need law and order and need everyone to be local instead of sitting back on their heels. Cheryl because even here in blue new york they finally brought in the nypd to stop what was happening in our city. Back on the campaign trail, find out where President Trump and former Vice President joe biden are going to be off to next. Plus game on, the play station 5 makes debut, see which game is hitting hitting the console first. Cheryl welcome back, im Cheryl Casone in for Maria Bartiromo. It is friday, its june 12th, top stories at 6 30 a. M. Eastern time. Futures are rallying looking to gain back some of yesterdays heavy losses. Nice to see the numbers, the dow is up 583 in premarket, s p up 57 and a quarter, nasdaq up 154 and change. This after concerns over spikes in coronavirus cases and what it could mean to the economic recovery fueling a major selloff for the markets yesterday. We lost more