Difference. Its friday, march 27th, 2020. Heres todays eye opener, your world in 90 seconds. We have tens of thousands of cases. This is a pandemic that we havent even seen since for over 100 years. Unthinkable just weeks ago, the u. S. Has more confirmed cases of the deadly coronavirus than any other country in the world. Its a tribute to the testing. Were testing tremendous numbers of people. The house expected to follow the senate in passing a 2 trillion stimulus package designed to address the coronavirus pandemic. Well have debate, and then well have a voice vote. U. S. Markets rallied yesterday. The Third Straight day of gains. The most hideous jobless claims number in history, this is the best threeday run since 1931. Nichololas maduro has been charged. R. Kelly is asking for a judge to release him from jail because of the covid19 outbreak. A new york doughnut shop is honoring dr. Anthony fauci trying to help america through the coronavirus pandemic. And all that matters. Hello,
Points, we were down more than that nasdaq inched up have we already bottomed thats big question i heard all weekend. I was operating that might be temporary, would revisit the march lows, perhaps even taking out that level figured retest was virtually inevitable there was just too much weakness in the system. All through here, just knew things were going very awry. Now im feeling more confident about the future i said this morning im not going to be as negative. In part because the federal government has made unprecedented moves to prop up the economy. Very good things in that 2. 2 trillion rescue package, but fdic went nuclear, adopted a malcolm x approach to keep his economy alive by any means necessary. Fed chief has unlimited firepower. Sure its great that the government is providing forgivable loans to Small Business owners to keep employees on payroll and great we expanded Unemployment Insurance to be collected by gig employees too. Now we know fed wont let every retailer with m
Good Tuesday Morning im Carl Quintanilla with david faber and jim cramer coming to you live from separate locations this morning coming off that 7 rally and futures build as optimism about flattening the curve goes into a second day more talk of another round of congressional stimulus oil up about 2 , as we await the opec plus meeting and exxon slashes capex about 30 . Mnuchin and kudlow on the tape this morning saying the white house looking to reopen the economy as soon as Health Experts give the green light but thats going to be met with skepticism today look, ive got to hand it to them in terms of trying to make it so theres enough money for small and medium sized business to get open. Theyre doing it theres no limit to what theyll give i think the Community Banks, no limit to what theyll lend i really like that the other side though is the customer and weve got to find a way for the customer to feel confident i know i will feel continue if i dent when i see everybody else wearing
From trevors couch in new york city to your couch somewhere in the world, this is the daily distancing show with Trevor Noah Trevor lets kick it off with good news. According to thermometers, social distancing might be working. The company kinser health which makes smart thermometers that uploads temperatures to the internet report that fevers across the United States are dropping dramatically. These are thermometers accurately predicted the rise in coronavirus hospitalizations so if theyre showing dropping fevers, thats a promising sign. People that stay at home, that stay inside and keep flattening the curve so that is some day we can go back to our normal lives. Dont you want to go outside again . Be out there, you know, cutting each other off in traffic, complaining about your allergies, getting invited to your friends improv show maybe quarantine isnt that bad. Maybe we should stay here longer. Positive signs coming out of the epicenter of the pandemic, new york. Its gone from the
There was a hiccup or real problem with finalizing the the United States now has more coronavirus cases than any other country in the world contract he wrote as usual, with this quickly approachi inin ining 10 general motor, things just never seem to work out they said they were going to give us 40,000 much needed ventilators very quickly boeing said that coming up in now they are saying it will only be 6,000 in late april and they want top dollar always a mess with mary b. The show, well speak to slack ceo about the surge in working being mary barra, ceo of general remotely how his company may integrate with a major competitor to make motors and invoke p the defense production act working from home easier it has been one of the rare basically, he can sign it. Winners in this overall market sell off gm and vent tech within an hour lets focus in on the big stories we are watching at this hour or two of that tweet going out kayla has the latest on the announce d they have a deal rescue p