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Writers festival. This is 45 minutes. Please welcome tim harford. [applause]. Thank you very much everyone. Host i dont believe in long preambles but i thought i should say a few words. I am well aware the many of you have no idea who i am printed as a thank you for showing up on the spirits of pure curiosity. It speaks very well of you. Even though its a really big name for the festival. I feel very honored to be amongst them. So who am i, few things. Already called the undercover columnist for the Financial Times. It is really good. I recommend it printed thank you sir. [laughter]. The secon...

Happy weekend. We are practicing social distancing here so we are at chevy, we promise to do ours. Keeping our space. Were offering chevy owners complimentary onstar crisis assist services and wifi data. If you need a new chevy, interestfree financing for 84 months with deferred payments for 120 days on many of our most popular models. You may even shop online and take delivery at home. Its just our way of doing our part. How are we doing weatherwise . Happy saturday to you guys. We had some nice weather in store for your afternoon today. Today will be like yesterday. Even a tad bit warmer. Th...

Yeah. No doubt hopefully they can get this stuff done between the congress and the senate and it will be a lot more to do its a good start but given the dislocation to the marketplace, hopefully we can get this thing done in washington and well be good backstops for the market. Does it take a significant amount of stress off of the credit markets, which i know youve been concerned about and you watch so closely well, i mean, it takes a certain amount off it doesnt theres still a lot of stress in a lot of different places it takes a little bit of the stress off you really need the washington pa...

Was founded in 1927 by my grandfather benjamin bass and then onto my father fred bass. Nancy and then onto me. For a little bit of history in the the lighting ten hundreds over this area around the bookstore here in Greenwich Village was the epicenter of publishers and booksellers. Charles and sons was here and the company, design press, they all had editorial offices in ebola, they all add their bookstores to display their new books. Along Fourth Avenue just around on that side, was known as growth. And its it height there were 48 used bookstores which is the sole survivor. We are. As the own...

Continues on a global scale. A worldwide their market, the 11 year bull run here is over. The dow is heading to the 22,000 level. A month ago it was 29,000. It is the fastest selloff in history. The s p will hit bear market territory at the open today, down 20 from the february high, the same story with the nasdaq. More money is still moving into safe treasury securities pushing the yield down to 0. 69 as of right now. The latest news on the virus brings its impact home to all of us. Sport dramatically affected. The nba has suspended the season indefinitely. A few days ago they banned reporter...