Sort of impact on a lot of things, the 2020 race, how will this diagnosis reflect his election chances and the dow is in the red by only 18point, we were positive slightly a few moments for the dow, s p, nasdaq have been read all day but way off of session lows for all three of the markets, nasdaq, the biggest loss is tech stock which is the profit stock of the year, they beginning the most hits and we will get into that later on in the show. We will also talk to former white house medical director doctor william laying he cared for george w. Bush and bill clinton, he will tell us how the white house will handle the medical shocker Going Forward, all of this, a backdrop to the jobs report before the election, the last one we will get before november 3, the economic recovery workforce is slowing down and we will talk about it with the top economist mohammed of ali on who is hear from a deep dive on the september jobs report, we continue our weeklong look of innovation with intel ceo bob swan, the chipmaker stateoftheart production plant in arizona is underway. A lot is staying with us, yet to stay with the show a lot going on, breaking news lets start with this, President TrumpCampaign Team announcing major changes to his Event Schedule and his diagnosis of covid19, some events will be suspended, some will be virtual, others will be postponed but the campaign did say that Vice PresidentMike Pence Campaign events will go on as scheduled, he and his wife tested negative this morning but all of this comes after the tweet per around the world, he came in at 1254 this morning even i was not awake when this happened, the president announcing he and the first lady did test positive for covid19 this is what youre seeing quickly became the most retweeted, most like tweet from his account, that is pretty incredible, 273,000 plus retweet, 834,000 likes at 5 30 a. M. When most of the country was still sleeping except for yours truly, trump and melania are not the only ones that test positive in the nations capital, a few other positive tests, ronna mcdaniel, senior counsel to President Trump, hope hicks, u. S. Senator mike lee tested positive for covid19, lee said that he felt allergy like symptoms when he woke up on thursday morning, i want to bring in Edward Lawrence who was at the white house, what is seen, what is the feeling overall in washington with a blockbuster news. The message from the white house, business as usual in business in the country is going on, the president is inside the residence, he is trying to take it easy but working the phone he has spoke several times with mark meadows any talk with Senate Majority leader Mitch Mcconnell in all cases, hes talking about the business Going Forward specifically the Supreme Court nomination and how that process is going as well as the next covid relief package. The American People can rest assured that we have a president who is not only on the job and i am optimistic that he will have a very quick and speedy recovery. How would you describe his symptoms. The press secretary thinks hes trying to get them to slow down and the white House Doctors are in close contact that the president and the first lady and the president has mild symptoms and melania confirmed she is having mild symptoms and thinks people for the show support, white house set under press secretary Kayleigh Mcenany says they will get the president to slow down and tried to take it easy because he is continuing the job that he always does and we also have not heard from the president himself but that might change, listen. We are hearing and seeing from the president as he moves forward with his working schedule, were exploring a number of different ways to do that but he wants to talk to the American People. The message here, work is continuing without interruption at the white house. Back to you. Another big news from a market perspective, what is going on with stimulus. Any updated information, no nancy pelosi made the, about the airlines, the stocks are popping, have you heard anything you. What is interesting in that statement she said not only could there be a package, the standalone package but it could be part of a larger package signaling maybe they are not quite as far as they thought, she followed that up with a list of five areas where they are semi far apart varying degrees of far apart that you could say, an employment insurance a little bit in a little distance there, state and local government as well as schools, a little bit more distance in that spot, again five points, they are starting to negotiate and maybe we will see what happens in the next couple of days. Final question i dont mean to put you on the spot im curious and i know you have a running list of the positive and negative testing results for the first family, cabinet, anyone we are waiting on. We havent heard from mark esper, were waiting on the defense secretary mark esper, i dont believe there was an event where he was involved in the white house but he is being tested, i do have to see what his is but otherwise the cabinet is basically covid free as of this point. Certainly this is all being closely watched around the world. Edward lawrence, thank you very much for the live report keeping us uptodate, please come back if you hear anything new. The selloff of fuel by President Trumps Coronavirus Diagnosis largely has been slowly down but i mentioned this at the top of the show, the nasdaq, think about the tech, a lot of the stocks has been the biggest stars for the year, they are the ones getting hit and as you can see solidly in the red is appl , alphabet, amazon, netflix, these are our stars, netflix has taken the biggest hit about 4 to the downside but the sector has been hot in the whole economy and focus lets bring in alion Economic Advisor mohammed, i want to start with the president positive tested the effect on the market, there seems to be concern about his condition and the stimulus talks in washington and a lot of things to worry about, what do you think about. Take you for having me, second everybody wishes the president and the first lady a quick recovery in terms of what it does, is simply increases uncertainty, it increases uncertainty with respect to the election, it increases i think he muted himself, if you can hear me i think you might muted yourself, we can put the tech sector and pull up the market, we are well off of session lows, the dow is down only 33, this is one of the days where the market could close in positive territory, im not sure about the nasdaq but we had the dow down in session lows, 433 points, this is pretty incredible, young this bounce back, i always say this even though i do the mornings, somehow we open a tally close and this is something i wanted to talk with him about, the fact that you have the hot stocks like netflix, apple, amazon and when investors get nervous and we start to worry about what the future holds in all of the news and ill go through all the things that we are worried abo about, that will affect the market, mohammed i know you are back and thank you for staying with me, lets move on from the sector, finish your thought and i want to ask you about the jobs report. I apologize, let me say its remarkable that the market is doing relatively well, the selloff is very contained given what we heard today, first the President Trump sad news and we wish him in the first lady well and increases uncertainty in the employment report was disappointing and yet the market has taken a relatively well and i think that shows you the strength of liquidity. 7. 9 Unemployment Rate and i know a lot of folks were thinking this morning we are celebrating that but thats pretty much where we were four years ago and were coming up on an election, how crucial is a decided election in your mind. Let me tell you that the unemployment numbers go beyond the 7. 9, the 7. 9 was a bright spot but it came because later participation went down, people walked out of the labor market discouraged, the net job creation was less than a half of last month, this was not a great job report, should you be continue to recover but not recover fast enough, as to what it means for the election, the American People are going to vote on a couple of issues, one who is better at managing the covid world that we live in because we will be living fo wih covid for a while, second who will be better at getting a strong economic recovery, that is the issue that will be in play and i think thats what ultimately will determine the election. We have a few weeks to go but its coming up very quickly, Mohamed Elerian thinking for being here toys great to talk to you and get your perspective. A tugofwar in the sector, airlines coming off of their lows after nancy pelosi asked them to put furloughs on hold saying an agreement to provide another 25 billion in stimulus for the sector was imminent, educate the all the stocks are moving higher, american and delta and united and american and delta said they will begin furloughs october 1, yesterday, delta so far saying, not so fast, theyre trying to hold on and not initiate furloughs, the clock is ticking for all of these names, they are all in the green, President Trump announced that he tested positive for the coronavirus that as the travel sector to look at the booking stocks, and expedia and all the stocks are down and look at trip advisor downward of two and a quarter percent and booking holdings is down two and a quarter percent, these are the stocks to watch, sensitive to what is going on with the coronavirus obviously, carnival went unchanged but norwegian and royal caribbean, both of the stocks down 1 but if you get the airlines and the crew sector, does the hotel industry, we talked about that yesterday, the president joins amazon, yesterday 19000 of the workers had covid19 in the past six months, this is the first major u. S. Company to make an announcement like this, take a look at codiagnostics, this is amazon down more than two and a half, codiagnostics is up more than 5. 5 , heres the news on these guys, the fda granted authorization for the saline oral rents, there was saliva, nasal in the rent, the company says the swish and gargle will eliminate any needs for a nasal swab, its all about the testing we are following the stocks, lets take a look at the big bore, we are down about 75 points, the dow is briefly positive at 24 points, anything can happen when 47 minutes ago we are closely watching the market, we are in the second day of the fourth quarter, as a president in the first ladys, were talking to the doctor who headed the white house medical unit and help treat both president bill clinton and george w. Bush, doctor William Laing is standing by on the checks and balances in caring for the commander in chief, the claman countdown well be right back. keeping your oysters growing while keeping your business growing has you swamped. you need to hire i need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base so you can start hiring right away. Claim your seventyfivedollar credit when you post your first job at indeed. Com promo robinwithout the commission fees. So, you can start investing today wherever you are even hanging with your dog. So, what are you waiting for . Download now and get your first stock on us. Robinhood. Cheryl lets take a look at the u. S. Coronavirus case numbers john hopkins reporting over 7 million u. S. Cases in 208,000 u. S. Deaths. But arguably no cases bigger than these two, the president and the first lady, our next guest has a unique experience of been the doctor on the white house starting back in the clinton administration, we welcome the white house medical director William Laing, its great to have you here, thank you for being here. Great to be with you cheryl, i think the biggest question, how does the white house, not just contained this but how will they deal with contract tracing, that is what we are also posed to be doing, it seems to be proven difficult in many states and cities, how can the white house do this differently. One thing you gotta keep in mind, anyone whos been around the white house, the number of people who get within 6 feet of the president , the standard is e number of people who actually spend time within 60 of the president is pretty small, is the inner circle, the people who spend 6 feet for more than 15 minutes, that the smaller numb number, the Contact Tracing for the close contacts, the ones we need to worry about are going to be a relatively small number of people, very manageable, then theres an extended group, anyone in the same room, those types of things, those people following the cdc guidelines are supposed to monitor their health, check for symptoms, temperature couple times a day for two weeks, that group, thats not the group, we dont worry about them and were not the ones that need to worry about, the ones within 6 feet for more than 15 minutes, those of the people that are gonna have to quarantines, thats not as big a number as a lot of people think it is because of the security in the fastmoving pace for the white house that keeps things going. Cheryl jared, ivanka, jared kushner, Vice President , his wife, im curious behind the scenes, how often do you think they will monitor and check the president and the first lady in particular because theyre both reportedly having mild symptoms, more important to leave them alone, a constant, is he wearing things. It will all depend on how things are going. People will enter with covid19 dont crash all the sudden, they will want to watch them carefully, i would imagine they will check several times a day, three, maybe four, checking the temperature, checking how theyre feeling, checking their oxygenation, and anyone who has been in the er or having his surgery or put the device on your finger that has a little red light, thats how well your blood is oxygenated, thats one of the most sensitive things and what you want to do is build a baseline and understanding of what is somebodys oxygenation look like so down the road, suddenly even slowly it starts to go down and you start to think about what do we need to do next. Cheryl how would you go about treating the president and the first lady and im curious if you were advising him right now, would you tell him you need to stay quarantines for two weeks, we have a debate coming up in two weeks, there is a . About that. Lets be very clear what the requirement is, its not two weeks ive heard a lot of people say hes out for two weeks, the requirement, cdc requirement recommendation, however, you want to phrase it is ten days from the date of the first onset of symptoms or the positive test, whichever comes first, in this case what we think we know, the symptoms and the test both started on thursday october 1, 10 days from that is sunday october 10, as long as he is doing well, his symptoms are either not there or decreasing significantly and hes been without a fever for 24 hours and as far as we know he doesnt have a fever at all which is very common and then monday, monday the 11th he will go back to his schedule, most people after having covid19. Cheryl dont have to be tested or test negative twice. That was the original recommendation from cdc and they backed off, the reason is 20 of people even if they are done with covid and they have antibodies, they will continue to test negative or sometimes as much as a month and sometimes occasionally more, the recommendation from cdc is ten days and your considered out of isolation, ten days of isolation if you have it in 14 days of quarantines if you are exposed, that is confusing for people, why is someone exposed longer than somebody who actually had it, its because of the incubation. Issues. Cheryl all the guidance of what weve learned about this disease has changed so much over the last six months. I do want to ask you, medical protocols in place moving forward, rallies, what you are saying we may have a debate in two weeks, what about rallies in him traveling, what would you say to the president. You want to make sure that the close team, have they have been quarantines, whats been done with the close team around the president and then they are going to keep people in safe distance while he is in isolation. , after that, we are not allowed to say that someone is immune, i think someday we will be able to say that but we cannot say that yet because we do not have enough data, as far as the president s concern, he will not be a risk to other people and all likelihood after the ten days but still, it is optics, you want to think about the rallies, you dont want to have settings where you are putting lots of people in that 6 feet for 15 minutes. You can still do significant rallies with distancing, distancing Just Like CollegeFootball Games in the distancing when they bring people to the stadium, it would be the same idea. Cheryl you should go to the nfl when youre done with your interview, thank you very much. I really appreciate your time, it is fascinating to talk to you. Thank you for having me. Cheryl lets take a look at the markets, i told you 37 minutes, you do not know what is going to happen down the show, the dow is down 38, we were down 433, features have been down almost more than 500, things really changed, right now we can have a positive return on the dow, s p following the red, the nasdaq down almost 2 , that is pushing a little rougher, we are on your market on this friday, we have a question, when good is not good enough, coming up next why tesla bulls are hitting the brakes on the stock rally despite recordbreaking delivery in the third quarter, what is going on plus intel chipping away at innovation, bob swan cutting the ribbon on the chipmakers highest tech and biggest factory ever in the united states, he will join us in just a few minutes on the claman countdown. Countdown. Stay withe us. R a strategy gut . Whats that . You run it by an expert, you talk about the risk and potential profit and loss. Couldve used that before i hired my interior decorator. Voila maybe a couple throw pillows wo