thomas peterffy is the chairman of interactive brokers he's our closer today coming on the heeled of the tie-up will he now sell his companies we'll ask hem later in the show. clearly coronavirus, again still only down just over 1% the markets overreacting >> i think if you do the math, basically if you lieu -- that only represents about 1% of the earns of the company no indication that this is nothing but a short-term problems >> let's get on the base stories. seema mody -- steve liesman tells us what the fed is talking about. first, let's start with seema. that safe haven play is certainly evident in different parts of the market. one standout is shares of the post 5 a new record high, up 7.6% certainly outperforming on a day. a pause in the u.s./china trade relations. according to our ceo deere did address the coronavirus, expecting freight costs in the second quarter related to parts availability, and if the coronavirus continues, it maybe impact the ability to procure parts back to you. from your perspective, a longer-term impact on the market what does that do to the inflation