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Good afternoon everyone. Here we are. When we invited you to this meeting, we were going to be talking about three things. Testing, testing, testing. Testing to open up our economy, testing to send our kids back to school. And testing, the coronavirus. What little did we know that we would be coming here almost at the exact time when her country would be registering 100,000 people dying from the coronavirus. 100,000 people. In about a hundred days. Think back 100 days. Think back to president s weekend. Would you have ever thought that we would be observing 100,000 people. So im honored to be ...

Pound hole in its bottom line. Auto aid renault struggles to restart production amid faultering demand mixes messages from the hill was fed chair and secretary mnuchin give different assessments of the speed of the recovery they also seek to defend their stimulus measures from accusations they are propping up wall street at the expense of main street. Main street is in a class by it self really. Diverse small, medium and Large Companies different credit needs, some credit based, some asset based. It is a really complex undertaking. A warm welcome to the program. Lets kick off with the top corp...

Warns of a major decline in asset prices if the pandemic worsens, also saying commercial real estate could endorse , and flags stress risks with regard to financials. We are going to dig deeper later, but this is quite the yearly report. The main headline here is that there is a major decline in asset prices. Also crossing the wire right at, march investment inflows 350 billion. 349. 9 if you want to be precise. Still with us is the Capital Markets u. S. Equities strategy head. Lori, when we get past what weve seen in equities, can you talk to me about what we are seeing in the treasury market...

Lots of people start retiring retail value starts to drop your medically, as a result of which, air france is taking the 500 million euro hit on that. Vonnie suppliers like rollsroyce, talking to the jet engine maker earlier on, and every time a widebody plane aes away, rolls doesnt get reorder for that particular plane. The s p 500 up 1. 5 . Most stocks are higher in the s p, and all of the groupings in the s p are higher, but we do have about 50 or so stocks lower. To be honest, a lot of those are came out after target and said, look, i cant tell you what is going on with the consumer. I am ...

Listening in washington and around the country and around the world. I am mike ohanlon at the Brookings Institution. We are honored to host mark esper who, after being introduced by my boss, retired general john allen, he will offer remarks on how the covid19 is affecting the armed forces and anything else. I will ask questions and then i will hear from you. If you have not already submitted your welcome to do so. Apologies that we may not get to all questions. Ado, let me hand the body the baton to john allen. Good morning. My name is john allen and i am the president of the Brookings Institu...