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Blake burman at the white house. Kristina partsinevelos is on the floor of the new york stock exchange. Phil flynn is watching the action in oil and ill be interested in gold there from the cme. Lets start with kristine in . What a day. The fact you see the dow close 1000. Off the session highs. I should say i was seeing negative 700 points. It was starting to get better. That is not the point. The s p worst performance over last week or so. Safe haven moving to gold as well as 10year government bond. So the government bonds though are telling us two different stories. The fact you have longer, broader term impacts with slower recovery around the globe. That is the story last week or so. You have a lot of investors were unsure how to price in the coronavirus. Because of that you saw further pressure on the yield to the lowest point weve seen since 2016. Another big issue is that gold climbing higher not since 2016. They have a large exposure to china. You had apple within the last week ....
Thank you, everybody. Thank you. You know how long these things go. Why dont we sit down . Thank you. Thank you all. Im tempted to make some comments about being lt. Governor. But dont do it. All right, i wont make any, but thank you madam lt. Governor for your introduction and thank you, mr. Speaker for welcoming jen and me to your house and madam pro tem, members of the legislature, fellow californians, thank you once again for the privilege of this podium. Traditionally, this is where governors stand before you and report with practiced grand 0sty that the state of our state is strong and getting stronger. And largely, that is still true and yes, proudly, we still are americas coming attraction. By any standard and by nearly every recognizable metric, the state of california is not just thriving, but in many instances leading the country, inventing the future and inspiring the nation. We remain the fifth largest economy in the world and join 118 consecutive months of net job growth, ....
You know how long these things go. Why dont we sit down . I am tempted to make some comments about being lieutenant governor. [laughter] gov. Newsom but dont do it. Alright, i wont make any. Thank you for your introduction. Thank you, mr. Speaker, for welcoming me to your house. Madam pro tem, members of the legislature, fellow californians, thank you once again for the privilege of this podium. Traditionally, this is where governors stand before you and report with practiced grandiosity that the state of our state is strong and getting stronger, and largely that is still true. We still are americas coming attraction. By nearly every metric, the state is not just thriving, but in many instances leading the country, inventing the future, and inspiring the nation. We remain the fifth largest economy in the world, enjoying 118 consecutive months of net job growth. Some 3. 4 million jobs have been created since the great recession, and 4 million small businesses, california their home. Mor ....
Care, and homelessness. From the state assembly chamber, this is 45 minutes. [applause] [applause] gov. Newsom thank you. Thank you, everybody. Thank you. Thank you. You know how long these things go. Why dont we sit down . I am tempted to make some comments about being lieutenant governor. [laughter] gov. Newsom but dont do it. Alright, i wont make any. But thank you for your introduction. And thank you, mr. Speaker, for welcoming me to your house. Madam pro tem, members of the legislature, fellow californians, thank you once again for the privilege of this podium. Traditionally, this is where governors stand before you and report with practiced grandiosity that the state of our state is strong and getting stronger. And largely, that is still true. And proudly, we still are americas coming attraction. By nearly every metric, the state of california is not just thriving, but in many instances, leading the country, inventing the future, and inspiring the nation. We remain the fifth larg ....