appreciate your time today, sir. >> thank you >> i'm looking foords th ining shopping experience. that does it for the exchange. stay tuned coming up with power lunch. we'll see you in just a moment our breaking news coverage continues right now. a volatile trading session for stocks with the dow and s&p 500 giving up their early gains. in the red, the nasdaq still positive there as wall street attempts to price in the pace of reopening the economy. as the federal reserve kij kickf it corporate debt buying program, small businesses are strug struggling housing prices holding steady the ceo of redfin will be here to tell us the area of the market he is calling toast wow, strong words. kelly. >> yikes the nasdaq is in the green now it's fighting for a 7-day

winning streak let's go to bob with more on the market bob. >> it's a little bit of indeterminent trading. we have been trying to get over the end of april highs we would break out of there and we'll be to the march. we have been stalled out here. take a look at the sectors here. you can see in front of you, reits down banks have been drifting lower all month. consumer staples out performing a little bit now down as much a couple of news announcements the fed niensannounced they wer going to start buying the corporate bond etfs. this has been real winner for people who tried to front run

the fed anticipating they were going to be doing this up 16% in the last month wells fargo, all sorts of corporate bonds. ge capital bonds are in this thing. the other piece of good news or interesting news is pnc. they own 22% of blackrock. they own i shares. they are selling that whole stake. this is one of the greatest invest ms of all time. they made need it for capital, capital improvements overall a lot of people in the etf world is wondering is this a sign of market tops. the etf business has been a fabulous moneymaker but maybe this is the kind of top here they were kind of discussing this as well back to you. >> thank you

>> as we mentioned and as bob mentioned the federal reserve starting to buy corporate debt etfs today we finally got some details as well >> we did. the fed going where no federal reserve has gone before. scheduled this morning to have begun to corporate bond buying program where it will buy primary issues, secondary issues and etfs which include high yield debt all of those are first timers for the fed. the primary one not launched yet is the biggest part of it. it's an efficient way of buying these etfs inside will be fallen angels which is fed can buy but also some speculative grade credit. the fed says it's not really trying to buy that stuff it's going to buy it as part of

the other part of the program. the treasury providing a $75 billion backstop you can't get any other support and you have to meet con flikts of interest rules which could be the president, vice president and members of congress. fed is launched other programs the vice chairman saying today in testimony there may be more yet for the fed to do. >> wow by the way, we had this whole negative rates discussion that you talked about yesterday said fed policy members are resistant about. i wonder if there will be a ground swell they all come around to it >> if we could meet at a restaurant one of these days and

have a steak, you're right i'm happy to buy if we can meet at a restaurant and buy a steak. >> i don't want to be right. >> i think my point is the right one that the fed will try to do a whole bunch of other things before it has to resort to negative rates it may be worth pointing out that the president urged the fed to go to negative rates. i think it's a lot more the fed will try to do before it goes into that. >> thanks. can it lift the market back to february highs

the fact we asked about going back to the highs says a lot about coming off the lows. what do you think happens from here in. >> well, it's interesting. i think that we're going to see some settling in the market. everybody has been really nervous. march was a horrific month the up and down even in april until the fed came in and started taking on these programs that's added calmness to the market we need know there's backstops and more liquidity coming behind this we're seeing that. i think that investors generally are feeling better about what they hold and what they might want to hold going forward >> doug, how much further support do you think the market has priced in from the federal reserve or are they pricing in anymore. is it just that everything they have done so far is enough because a lot of these programs are just now starting to launch? >> i think the federal preserve gave the market the confidence they will do anything and everything necessary it's a big difference in the financial crisis financial crisis we had multiple

programs and each time investors had an opportunity to gauge whether it was collaborated correctly will be enough right out of the gate they said they will do anything and everything and be sort of the liquidity provider of last resort it's given investors confidence that they don't have to worry about when the sba program runs out when such and such program will be big enough we nope they have the fed and congress has our back. >> i think consensus is that markets will probably go down and retest or there's not it shall it's going to take a lot for it to go higher. i don't think that's the case. i think there's a lot of ground work that's been laid right now we expect the market go higher at a modest rate there's good reason to accelerate i think some of the things we're learning with our economy, really how resilient it is

lot offens of data gives me a v that the my is little less fragile than we all thought it was and we know that monetary authorities around the world have our back as risk takers >> kathy, i know you think the worse is probably over for the markets and you're betting on digital transformation and reminded of the twitter news they will let employees work from home permanently. i'm not sure that's a great sign for silicon valley and san francisco which had been benefitting from these silicon valley workers over the last couple of years. if you can have a distributed work force across the country using technology and that can be a permanent change, who do you think is the beneficiary of that >> any of the companies even pre-covid but post-covid who are able to provide digital opportunities, ecommerce, any of the artificial intelligence, robotics, anything supply chain.

anything that will make our lives easier and the common theme underlying this is technology i think that will a huge help for where we're going with this. work from home all of it. >> nasdaq a beneficiary. out performer again today. trying for a mull approximate day win streak thank you for your thaugs today. cancellations for the boeing 737 max are piling up. customers scrapping another 100 orders in april as it deals with the fall out from the coronavirus pandemic >>boeing's order numbersfor

april were a bust. total cancellations or adjustments in the schedule, negative 2009. 737 max made upmost of those and the backlog now stands at 4,834 planes that is the lowest commercial airplane backlog for boeing since 2013 it's easy to see why a number of airlines around the world are saying hold off. we're not going to follow through on an order. we're going to change it or we're going to cancel it outright that's because there are thousands of commercial airplanes that are parked and likely to stay parked for some time here is boeing ceo on the today show with a rather bleak outlook for the airline industry >> i believe it's three full years before we return to the traffic levels that we had just in 2019. probably another two before we return to the growth rates that we used to have. >> we got boeing's commercial airplane deliveries today.

they delivered six in april. not surprising year to date they have delivered 56 commercial airlinplanes they are expecting for that to dramatically increase later this year if the 737 max is ungrounded as they expected. >> what would that mean? if his rediction proves true of major u.s. carrier going out of business, if you take out major carrier from the order book of boeing, what impact is that? i would think that's huge. >> it would be a huge impact on the order book the question becomes did he rel mean an airline is going to g out of business. it was a clear straightforward question she wasn't dancing around. she said do you think there will be a u.s. airline that goes out of business and he said yes, likely bogeye's pr has tried to walk that back saying he was talking a bt the general state of the industry and the uncertainty out there. if you took one of the major airlines and they went away completely, which is unlikely to

happen they would go through a bankruptcy and remain in some fashion but if they were to go away, that would have a huge impact not only on boeing's order book but air bus as well >> thank you materials and health care are leading the s&p 500 with real estate the worse performing sector we'll hear from the ceo of redfin plus the small business struggle owners turning more pessimistic about the reality of a recovery. will they be left behind we have a special report after this

welcome back we have some new numbers on the federal budget kayla has the details. >> reporter: the treasury department is out with its monthly budget deficit numbers showing the budget deficit in the u.s. has widened to $2 trillion the u.s. hit a record $738 billion deficit. the reason is the delay in the tax filing deadline from april 15th to july 15th. the white house is discussing a possible extension even beyond that because of that in april, the treasury recorded a 55% drop in revenue while expenses or

spending rose 161% the treasury said it will be borrowing is a record $3 trillion this quarter to fund all of the stimulus that congress has already authorized and as we learned earlier today, it will likely have to borrow even more as more stimulus packages are under discussions back do you. as states reopen buyers are rushing back into the housing market but many sellers are sitting on the sidelines and supply is shrinking. are they waiting >> yes, that's the basic issue nobody was selling in march or april unless you absolutely had to there was a sign of distress or panic and sellers just withdraw.

there weren't many foreclosures because we have so much forbearance in lending markets that means there was very little inventory in april inventory was down 25% even though demand is nearly at 100%. >> what's your take on whether or not this is the right strategy is your forecast that the market will dramatically improve. that is a bet on the consumer is a bet on the economy and a bet that this historically high unemployment rate will return to normal >> i think it's tale of two economies now. the people who lost their jobs are not the ones looking for houses we're seeing the people buying houses in force and the inventory being very low

there could be another shock to the economy. every one is worried this coronavirus will come back in force and if that happens, i think it will really take its toll on the housing market but for now, buyers are coming out of the wood work and sooner or later that will put them into the market because it's driving prices up and people are gaining confidence that they can put their home on the market and really sell. >> where do you see markets that are going to be in trouble and distressed potentially and where do you see the opportunity half of those people say they're not going to pay the rent to live in new york, san francisco or even seattle. we expect there will be something close to an exodus from these really large cities where house sg so expensive to places like charlest new york city or madison, wisconsin or

boise, idaho that's where the search traffic has shifted op our website if you look where people are searching on redfin.com. it's overwhelmingly in small towns. that's when the search traffic is coming from the big city. that's what i'm most worried about is the big city vs to get it in gear to make housing more affordable or people are going to go. >> after 9/11 they thought the real market would be gone and nobody would want to live in new york city and look where it went after that in terms of luxury building and the influx of residents. how confident are you that this sort of prediction will hold true this time around. what has changed that makes it more resinent.

>> there was an affordability crisis for five years before this pandemic. if you look at new york, it was losing people to philly. boston was losing people to rhode island and new hampshire seattle was losing people to portland and texas people are going to stay at home in some cases. i love cities. i think the search traffic and the long term trend are pointing in the same direction which is outside of town. >> another trend that may emerge and may prove to be lasting is that people may not want to travel more in the way that they used to.

right now the idea of staying at a hotel is not really appealing to me. are you finding there's been an up tick in interest of buying vacation homes >> no. if we were to look at the one group of people selling if greater numbers, it would be people with investment properties if you're renting out place on air bnb, it's costing you so much money you could get somebody to pay your mortgage in the second or third week of every month but now the challenge is that none of those people are traveling and so, the owners of those properties are listing them in great numbers. >> always great speaking with you. thank you so much. >> good to see you >> come to the suburbs do it. >> i don't know.

we may still ahead, stocks are near session lows but the nasdaq has been the hot trade it's up 12% in the past month alone. if you missed out, we'll tell you some names traders are buying tesla ceo is standing his ground in california restarting production despite government restrictions we have details on how it ulcod save billions of dollars for the company if he moves out the state. much more after this ♪ ♪ ♪ ♪

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but when allergies and congestion strike, take allegra-d... a non-drowsy antihistamine plus a powerful decongestant. so you can always say "yes" to putting your true colors on display. say "yes" to allegra-d. welcome back let's get to sue for the latest on the coronavirus >> good afternoon. new jersey's governor phil murphy is pushing back strongly against calls to reopen the state quickly. he says the latest statistics showed new jersey leads the nation with the most new cases,

hospitalizations and deaths per capita >> i want you to commit that chart to memory. we will take steps we will take them responsibly. you'll hear about some steps we'll take this week, but those numbers don't lie. we are still the most impacted state in america >> the number of miles americans drove in march sank 19% from last year's levels it was the lowest figure for march since 1999 the northeast was the hardest hit with a 21% decline many twitter employees will be allowed to work from home ferm e permanently the company will allow very little business travel through september and hold no in person company events for the rest of the year as always, you can get more on our coronavirus coverage by going to cnbc.com. back to you. thanks very much let's get over to seema mody for trading nation >> get this, nasdaq is 6% away

from record highs but not all stocks have kept up with the rebound. check this out names like western dij gitdigit, dollar tree and cisco all sharply off their respected high can any of these names play catch up nancy, any of these names look attractive to you? >> yes we renegotiated a position in ulta i understand the investor concern about people not wearing makeup and not getting dressed to go to work. we think the company is in strong position. the valuation is attractive to us it's not super compelling but it is attractive. we initiate it which means it may take us three to six months to fill out the position we're happy to buy more. we think the online sales growth at 20 to 30% will accelerate and that will pick up some of the

lag for the company. >> matt, what the you make of its out performance? >> well it's been very narrow. we all heard about five or six stocks have been taken the whole thing higher what there are some stocks that do have a lot of potential one of them is cisco this is a stock that's seen a number of minor higher lows and higher highs and if rally a bit more and get mayor higher high it will be bullish we have to be careful. they report on thursday. you go back five years every single time they report they seem to have a big move in the stock of 5% or more. the problem is the last three times they've all been to the down side. it doesn't mean it will go down for an extended period of time

look at the 45 level that's where the trend line from last summer comes in if it breaks above that t it will start playing catch up on a lot of those other big cap names. >> got it. matt and nancy thanks for joining us head to our website or follow us on twitter back to you. >> thanks. still ahead, main street optimism tumbling throughout this economic shutdown what does the path forward look like for large and small businesses bio tech beyond covid-19 we explain what the health care and drug industries look like amid this pandemic you can always watch or listen to us live on the go on the cnbc app we'll be right back.

welcome back the oil market is closing up for the day. let's go to dom. >> the stock market may be fluctuating but it's in positive and solid territory. world benchmark brent kruds oil prices are $29.94. about a percent gain those gains are being helped in part by reports that global oil cartel and partner countries are looking to extend oil production cuts past june june is the next time opec and partner companies will meet oil policy later on this afternoon we'll get data from the american petroleum institute.

analysts are still expecting a build in supplies for u.s. stockpiles back over to you small business opt michl ta - optimism taking a bill hit how do the business owners feel once the short term pain has passed kate rogers is looking at that for us >> optimism falling for a second month in a row in april now to 90.9 this is a low that's not been seen been main street for seven years. they warn the full effects of this recession are not fully being felt yet by small businesses the biggest drops this month were in real sells expectations for the next six months followed up by earning trends job creation falling to their lowest level since december of 2012 one bright spot here is the only component that saw gains there month was in those who expect the economy to improve while things are up, the groups members do project things will

get better edging out quality of labor which was in the top spot for more than a year the the group says main trade is starting to benefit from ppp and eil loans into the hands of small business owners loan size has fallen to about 73,000 that's much lower than it was in round one. back over do you >> thank you kate rogers congress is working toward another $20 relief package it's all in terms of this relief, enough to save the small businesses or will it be big business that comes out on top with us is neil ferguson

nae neil, i know you have been tracking the covid pandemic but what do where you make of the overall distribution of relief funds. >> it was never going be part. i think after the initial and probable inevitable stories of big businesses getting checks that were suppose to go to small and medium size businesses, things have improved let's keep this in perspective we're experiencing an economic shock of the great depression. just months it's hard there. the supply and the demand shock.

a big piece of the s&p 500 is big technology companies like amazon and microsoft which are, in fact, relative beneficiaries of a pandemic because the sort of tendency to virtualize the world has been accelerated too you're very much impacted by the combination of economic lockdowns and social distancing that have been necessitated by the pandemic >> it seems there's a broad range of programs meant to help companies at all ranges. on the biggest side the fed directly buying corporate bonds. on the smallest size, they have the small business program that has outstanding funds that can be distributed that demand has started to dry up but that program is still there. many people have pointed out they have been slow to get up and running. the terms are somewhat punitive

in terms of the banks trading these regular loans so they might give them to their best customers instead of the ones that need the help is that the problem. this big hole in the middle where all these people up to six trillion dollars supposed to get the main street help but as of right now they're not getting it >> i don't think anybody could fault the federal reserve or congress in the u.s. treasury for trying to get as much money out the door to as many people as possible. i think that ultimately delegated the distribution of resources to private sector banks as it's happened it's bound to end up with glitches. you have a combination of government bureaucracy and bank bureaucracy and banks themselves

have found their role transformed into conduits for government funding my own personal view is the real questions, not so much is enough money going out the door that's really not the crucial facts. what's drive iing there are only four state offense the united states that have the pandemic under control. i happen to be one of them montana. the others are alaska, hawaii and vermont. nowhere else can it be said it's brought under control. i think we spend too much time on shows like this talking about it as if it's a financial crisis and expecting it to be solved by a trcentral bank

let me add one more point. even when the lockdowns are ended, don't expect son sumers to go rushing out the door to sit down in restaurants or crowd into shopping malls. we agree just done a report on the situation in georgia which ended the lockdown ahead of every other state. the response in terms of consumer behavior suggests that even when lockdowns end, social distancing continues and risk aversion -- ordinary bounce back in the magical v shape recovery that you hear about from wall street research. >> to your point we talk about this like the fed cansoever it and you're can't but you're kind of proving our point which is the economy will be hit for some time a vaccine might be a year or two or more away this is all meant to be a temporary help it's kind of talked about in the same language as the 2008

financial crisis which is not helpful. >> it's made people think we're back in 2009 these are relief measures. you're sending out emergency relief to companies as well as to workers and hoping the public health emergency will be over soon enough so you can bring those companies back to life and the workers back into their jobs small companies that depend heavily on crowds, on people being gregarious, just give up the cut. i think we need to stop using the language of 2009 and recognize all we're really doing through central bank policy and through government policy is

sending out relief in a public health energy that is not over and history tells us isn't likely to be over any time soon. you mentioned the vaccine which is by no means a certainty and certainly isn't going to be generally available until some time next year at the very earliest if everything goes right and somebody has a big breakthrough remember, too, the pandemics are not one curve that you just flatten and then you get on with your life. it's highly likely there will be increased infections once people start to normalize one can't expect these relief measures there's a finite amount of time when businesses before they have being handed government checks conclude they really have no future >> it almost sounds like you believe, and i don't want to put

words in kroyour mouth, that a t of this relief money may be for naught even when the economy reopens there could be another wave or the demand might not be there because consumers might not resume their previous activities a solvency is something not anybody in government can solve. >> that is correct i've been saying since january there was a way to deal with this problem that didn't involve lockdowns. you could have contained this pandemic without anything like this disruption. we made the worst policy combination.

it pains me to say all this because i regard it has having been avoidable yeah, i think the reality is that even if you don't get a big second wave, it is going to be so difficult to return to quote unquote normal that consumers will remain risk averse, the savings rate will likely remain very elevated. it stayed elevated after the financial crisis i think this will be even more true now because of risk aversion therefore, for a great cluhunk the economy, a bunch of sectors depend on people willing to be if crowds. that's not just air travel it's a whole bunch of retail it's restaurants, hospitality. all those sectors aren't going to get back to normal this year. indeed it's possible that they won't really get back to normal next year either if it turns out to be harder to get a vaccine than the optimists are saying. >> it's always great to speak with you i do hope you're wrong >> i hope i'm wrong too. i don't like to be a pessimist

but on this occasion i'm being a realist. >> appreciate your analysis. up next we'll talk to the ugomnyn e e on about running a dr cpa ithagof coronavirus. stay with us ♪ happy birthday! so, it goes... ♪

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all night. every night. the tempur-pedic summer of sleep starts now, with all tempur-pedic mattresses on sale, and savings up to $500 on adjustable sets. welcome back let's go to the bond report. >> you see around 1:00 eastern when the rates fell, that was because we auctioned a historic amount, 32 billion of ten year notes that priced at a yield at the dutch auction of .70 also, the lowest yields at an auction ever the aftermath of that was hey, let's jump in and buy some

if you look at a one month chart or when we started in march, right around march 9th was the int intraday low if you were there intraday, i remember the low, it was 31 basis points we want to continue to monitor those. today being tuesday, everybody so excited the fed is supposed to jump in to buying some etfs. the high yield type. look at a two day of hyg one of those high yield etfs you can see it gapped higher but itlooks like the highs was established early and maybe the fed may not advertise it they will continue to monitor. melissa, back do you >> rick, thank you coming up, elon musk battling the local government and opening his factory any way. what california stands to lose if he follows through on threats to move his company. that's comg opor ncinupn weluh. ♪

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elon musk on twitter asking if anyone arrested tweeting it should be him and that they should let him open the plant now. the dispute is is threatening to move his company out of california, which could save billions of dollars. >> if elon musk moved along with tesla, he could save billions of dollars in personal income

taxes. here's why california has the highest income tax rate in the country at 13.3% so r far, that hasn't been really a big problem for him since he doesn't collect much of a salary and hasn't sold any tesla stock. now he's starting to hit the target on a massive new compensation program and if he moved it, he would pay no state income tax last week, he e hit the first target on that giving him options worth nearly $800 million. he would owe california over $100 million if and when that is granted. if e he lived in texas or nevada, he would pay no income taxes. in total, he could earn $55 billion over the life of this pay package, which means he would save $7 billion in taxes just by moving to texas or nevada now he hasn't made public any plans to move, but remember, he just put all of his houses in california up for sale kelly, back to you

>> just crazy. i mean these, 100 costcos is the size of that facility. so it would take him a long time to move that, move himself, but like he said, it's his final straw. thank you. >> cnbc's big health care conference is taking place today. we'll bring you the highlights next and talk to the e ceo of rin ereucs we'll be right back. r right now. and right now, is a time for action. so, for a second time we're giving members a credit on their auto insurance. because it's the right thing to do. we're also giving payment relief options to eligible members so they can take care of things like groceries before they worry about their insurance or credit card bills. right now is the time to take care of what matters most. like we've done together, so many times before. discover all the ways we're helping members at usaa.com/coronavirus discover all the ways we're helping members - we did it!c) (crowd cheering) - [narrator] wherever you start,

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i am totally blind. and non-24 can make me show up too early... or too late. or make me feel like i'm not really "there." talk to your doctor, and call 844-234-2424. health care innovation and a path ward for this pandemic in the summit today earlier, we heard from bristol myers squibb e ceo here's what he had to say about their current drug pipeline. >> i'm really proud of our people and everything we've accomplished since the

acquisition. the performance of the business has continued to be really strong across the board. on all drivers for the acquisition, we are executing well the pipeline is progressing. the approvals of new medicines in the first quarter really a demonstration of the strong ones we have on the pipeline >> if you missed today's event, you can watch it start to finish online this thursday at 1:00 p.m. eastern time. on cnbc's facebook page, on youtube or cnbc.com. >> speaking of healthy return, e check out shares of horizon therapeutics after report iing blowout first quarter and while the company isn't part of the battle l against covid-19, strong demand for its thyroid eye disease led them to raise their guidance for more on how the company is navigating an industry dominated by covid-19, let's welcome in the chairman and ceo tim, great to have you with us

>> great to be on again. >> specifically for the drug that treats the roid eye disease, you've raised your peak sales guidance to more than 200 million an that's from just 30 to 40 million. that implies that you have really good visibility into what will happen when it even comes to resuming health care activity what are you seeing that makes you this confident >> weft the benefit of the medicine get iting approved two months early on january 21st that gave us tb mobts to get out educate pha sigss, patients and if you look at these b patients, 6% of them can potentially go blind. 50 to 70% of them get double vision as well as pain and severe disfigurement so these patients want to take action we built a significant number of patients with prescriptions that were waiting to get treated right before the covid-19 situation. so as we announced in our earnings call last week, we have

over 1500 patients that are waiting treatment. 200 of them were treated in the first quarter. with just under 24 million in sales. so we've seen strong demand. patients willing to take action even in spite of the covid-19 situation we're facing >> so as i understand what you're saying, are you saying that hospitals even in cities and areas that are really dealing with the impact of covid, that these patients are still able to get new prescriptions that are written now as opposed to still just the ones that had the prescription in place prior to the pandemic >> sure. we are seeing new prescriptions come in every day. the benefit here is these patients are not being infused in the hospitals we've been able to create a network of about 700 infusion centers of which in the first quarter, 150 of these infusion centers that are infused, cancer medicines, they are outside of the hospital setting so we're able to work with our patient

services team and point patients to the right infusion center to ensure they get their treatment. so we haven't been impacted by the situation facing hospitals regarding covid-19 >> so you're optimistic about the patient uptick when it comes to tepeza but sounded like it was promising for your chronic gout treatment with your backlog of patients. is there conservatism built into these forecasts and once activity resumes, health care activity in full, that there could be upside to the number of patients you're expecting in the backlog in wanting to take these drugs? >> we had a great first quarter. 93.3 million up 70% year over year on track for a great start what we've seen there is patients are generally hesitant. new patients, to go to a rheumatologists office we've seen rum toll ji visits as a whole down about 70% due to covid-19 so we, our existing b patients

continuing to get their infusions. we haven't seen much drop off there. what we have seen is a slowing down of new patients going to rheumatologists offices and being able to get infused with the medicine so we built a database of about 1500 patients. we expect that as health care activities begin to resume back to normal, we'll be able to start generating and converting t the database into the patients that can get the benefits. with tepeza, we're able to get back into more normal activity here in the third quarter, i think we can try significant upside what we said is that without covid-19, we would have been raising guidance substantially greater than we did. >> tim, thanks so much for joining us we appreciate it >> my pleasure thanks >> the ceo of horizon therapeutics. >> melissa, i have my eye on grub hub today what a story that one has been

stock o is still up about 35%. they didn't comment on any reports earlier about a b possible tie up the wuber >> we'll be talking about that tonight at 5:00. and great to be with you, kelly. once dwagain. you're breaking news coverage continues with the closing bell. >> welcome to the show i'm wilfred with sara. stocks have fallen through s&p now down more than half a percent with 59 minutes left continued fears over reopening the country highlighted by dr. fauci's warning that moving too fast could hurt the economic recovery new data showing consumer prices plunge iing, raising investor concerns about deflation and in just the few hour, reports of new hawkish moves against china from the group of gop senators while in the house, democrat have unveiled a new u $3 trillion relief bill >> ahead on today's sh