in istanbul wilf dinnick is from o.c. corps in amman jordan and you just heard fadi our career there from chatham house in london gentleman thank you so much we do appreciate it and to you at home or wherever you're watching this on whatever medium thanks for joining us we are online in the show section at al-jazeera dot com that's if you want to catch up with this or any of our previous editions you can also join the social discussions we're at facebook dot com forward slash a.j. inside story we're on twitter as well at a.j. inside story and i'm at a j if you want to get in touch with me directly the right messages are open as well on behalf of the whole inside story telling i'm kemal santa maria. marge on al-jazeera. to they're also going on the nation witness brings a new film this time from africa for international women's day a crucial day in the race to challenge donald trump when live across key u.s. states for a super tuesday studio b. unscripted brings a fresh approach to discussing contentious issues and finding

in istanbul wilf dinnick us from o.c. corps in amman jordan and you just heard fadi had who are there from chatham house in london gentlemen thank you so much we do appreciate it and to you at home or wherever you're watching this on whatever medium thanks for joining us we are online in the show's section at al-jazeera dot com that's if you want to catch up with this or any of our previous editions you can also join the social discussions we're at facebook dot com forward slash a.j. inside story we're on twitter as well at a.j. inside story and i'm a.j. a if you want to get in touch with me directly direct messages are open as well on behalf of the whole inside story team i'm all santamaria. the u.s. president's proposed plan for the middle east from us is less territory to be honest time than any other peace plan since 1948 war zones of corporate wars others really have trailed because of peace one video was by us or united states the waters right now how much time and the palestinian prime minister told challenges era.

in istanbul wilf dinnick is from o.c. corps in amman jordan and you just heard fadi career there from chatham house in london gentlemen thank you so much we do appreciate it and to you at home or wherever you're watching this on whatever medium thanks for joining us we are online in the show section at al-jazeera dot com that's if you want to catch up with this or any of our previous editions you can also join the social discussions we're at facebook dot com forward slash a.j. inside story we're on twitter as well at a.j. inside story and i'm a.j. a if you want to get in touch with me directly direct messages are open as well on behalf of the whole inside story team i'm all santamaria. deal dead and did you get the peace prize too soon. is this going to hurt or help donald trump's reelection chances it is very true one thing to keep somebody on 5th avenue and not have any consequence this is not a muslim issue this is a human colony issue join me many often as i put up from questions to my special guests and challenge the

in istanbul wilf dinnick is from o.c. call in amman jordan and you just heard fadi coeur there from chatham house in london gentlemen thank you so much we do appreciate it and to you at home or wherever you're watching this on whatever medium thanks for joining us we are online in the show's section at al-jazeera dot com that's if you want to catch up with this or any of our previous editions you can also join the social discussions we're at facebook dot com forward slash a.j. inside story we're on twitter as well at a.j. inside story and i'm a.j. a if you want to get in touch with me directly direct messages are open as well on behalf of the whole inside story tain santa maria. migrants in uniform volunteering their labor to appease locals and combat the anti migrant sentiment. people in power travels to the north of italy where a bold experiment is underway. with an unconventional approach to integration. italy's migrant boot camp on a. it's a tough time for the afghan security forces taliban attacks have increased thei

kate rogers has more >> hey there, wilf, we're down just under 3% right now. the big story is apple shaves off some 40 points, of course, apple warned last week it may not meet its own guidance semiing like micron, nvidia and amd are also low er finally tesla, that stock is down by around 10% >>> kate, thanks the spread of the virus stoking fierce iran and italy now seeing outbreaks. claudia pensotti joins us outside of milan how is everyday life being disrupted, as a result of the climbing case numbers? >> reporter: well, clearly there is disruption here, as you're saying schools being closed, the biggest factor on everyday life. is it's grown to 230 tonight, five deaths in the lombardy and veneto regions the number in itself is not that large. people are not that concerned about the virus. they're more concerned about the measures being put into place. movie theaters, pubs and restaurants and clubs being closed from 6:00 p.m. to 6:00 a.m. in the morning, so it's what you saw in milan today was a very subdued monday. people were still going to work. businesse

>> i don't think so, wilf. think a lot is being made out of that by the western press who is always looking to knock down the chinese system or the chinese leader i think once we move to the other side of this virus, there will be a return to focus on china's major problems, such as debt intensive growth, environmental issues and the ongoing conflict with the united states this is a serious issue right now. i don't want to minimize that at all. but i was in china during sars and the government is being much more aggressive in dealing with the coronavirus today than it did 17 years ago, i can assure you of that. >> thanks for joining us great to see you, as always. >> thank you. >> up next, we've got your last chance trade keith is looking at one etf he thinks is oversold. >> and later we're talking politics and the markets with our "closing bell" closer of the day, sheila bair she'll tell you which democratic candidate she prefers to see on the ballot and what she thinks of the transactional tax we'll be right

>> i think it will be on coronavirus. >> we have two minutes left let's have a check on bonds. >> wilf a bounce for the end of the month rebalancing, selling treasuries didn't happen today, but it's happening a little bit right now. look at the inter-day of two years. 113 was low trade. we just traded 116 that's still down 7 basis points, leading the curve in that regard. if you look at one week of 10s, right now at 134 it's only one one basis point and 30s at 182 they just moved to 183 unchanged on 30-year bonds the vix at levels we haven't seen in five months. and bertha, it looks like nasdaq is going to reverse a four-day losing streak and it's the only index still up on the year. >> that's right, and just a week ago today we had an all-time high today it's those faang stocks that are helping us out. netflix the best performer nearly positive for the week with today's big move. but 10% -- 73% of the nasdaq is in correction, including apple tesla is nearly in bear market territory and american airlines hitting an all-time low. over to bob. >> wild pre-open trading 130, we've gone sid

>> wilf, another executive shuffle to tell you about. keith block is stepping down as co-ceo over at salesforce. he will remain an adviser to the ceo, but that means mark benoff is chair and sole ceo. keith block saying he's ready for his next chapter, and mark ben ioff saying he's grateful for mark's service to the company. we spoke to be ♪ ioff about this back in augus 2018, and what he told us at the time, was to divide-and-conquer responsibiliti responsibilities on to the results, 66 cents, the streets was looking for 56 cents. q1 looking for between 70 and 17 they're raising guidance to now between 4.875, and also raising that guidian to 21 and 21.1 billion. recently the story has the acquisitions they've been making, buying a company called velocity i'm sure analysts will have a lot of questions about that, as well as the changes in the c-suite. that call starts at 5:00 p.m. eastern. >> any reason why? keith block stepping aside and benioff consolidating the role again? >> no, keith block simply saying he's had a fantastic run he w

ten year is moved year to date from close to 2% has the economy's outlook gotten worse >> it hasn't, wilf i'm trying to have conversations here about what's the economy look like without the coronavirus? trying to model that in. in general, i'm getting this idea that it's pretty strong still perhaps from the tariffs, but ultimately the idea is the economy is runs at 2%, low unemployment, and reel it's three cases out there. one where the virus remains in china and you get a hit from that one where perhaps it spreads to the asian continent, and a third one where it comes over here it's almost that third one or between two and three where the market for fed funds seems to be raiding now. really beginning to internalize worst outcomes here. >>> charlie, i've got to get your talks about don't fight the fed when it comes to the market, but giving the stimulus measures from china, the fact that those chinese stocks, best week in ten months, is this another scenario where it's like don't fight another central bank >> good question i think i'm aligned with our fed on this. i think they're saying

narrows sector of wilf which will is dedicated to increasing power for chills just as you'd expect one of the most influential intellectuals of our time speaks about the modern civilization of america. after 47 years the united kingdom marks a historic day cutting ties with the e.u. as brics it officially comes into effect but the road ahead though for britain is still unclear. the us democrats are knocked back in getting the witnesses to stand in it all trying to preach from trial it does mean a final vote on the president's time in the oval office is expected next week. and frauds pledges to send its naval forces across the what is right into cyprus as a matter of dispute brake.

. >> you know, wilf, i think i would push back on that a little bit. i think the fed when it decided to reverse course, it was in response to a pretty big policy change, which was the trade war with china and a change in expectations, which was a reversal from the thought that they were going to resolve this problem without new tariffs, so suddenly those tariffs were on and i think it also showed up in the data you did have a decline, a pretty good decline from 3% to 2% gdp growth you did have a move in the market so i don't think it was sort of thrown around necessarily by markets, perhaps it maybe moved earlier than it otherwise would have but the trade war was a pretty big deal and i think it's going to look for something here to make a move that's going to be based either on infection data or perhaps by the early data that might show some impact on the virus on the economy >> steve, can i just ask a question it's stephanie what's the downside of them just coming out next week and cutting rates 25 basis points, saying we're on it. we can always reve

. >> wilf thank you very much.ter who broke the story this morning, liz hoffman, let's talk about what this does mean we heard from wilf, this is about the retail customers coming in, 5 million retail customers and your article talks about how this is making a move for managing money for regular people what does this mean for morgan stanley? >> it will make morgan stanley the biggest wealth manager in the world with $3 trillion worth of assets. it is the last act you could think of it in james gorman's ten-year transformation of that place from a basket case on wall street bouncing around from one trading crisis to another and a steadier firm. all of wall street is looking for these durable, steady fee-based businesses that investors like that regulators like and this is a pretty high wire act, moving in that direction. >> liz, question for you is goldman the odd man out is somebody else the odd man out? with morgan stanley picking this off is it the last major institution like this? up for grabs >> certainly you h

building on yesterday's strong gains, you just heard wilf mention the major archlgs are firmly back in positive territory for the year energy leading the sectors today, the first time in six sessions and the nasdaq is the laggard with tesla seeing a sharp pullback following a massive year-to-date run sara eisen is with us at nike headquarters in new york for a big interview. >> good afternoon, morgan. i am here because nike has just unveiled its new olympic uniforms it's all about sustainability. they're made out of crushed up shoe parts and recycled polyester. you can see some of them behind me i'll show you a lot more and i'll speak with the brand new ceo. it's a cnbc exclusive and his first time talking for this big innovation event nike is hosting here in new york that's coming up later on "closing bell." >> i notice mark gilbert, your producers have been tweeting out some of the other things they've released, including the sweat pants they would wear if team usa wins any medals. >> right so there's uniforms for on the field or on the courts and then ones for the medal stands as we

building on yesterday's strong gains, you just heard wilf mention the major archlgs are firmly back iny for the year energy leading the sectors today, the first time in six sessions

well always look forward to hearing from those who have weathered crises when another one breaks out wilfthank you so much. >>> next up, the french finance minister telling cnbc, his country has already seen 30% to 40% drops in tourism following the coronavirus outbreak to talk about the impact on the travel sector, seema mody is here >> prior to this weekend, kelly, the expectation was that the virus and drop in bookings was confined to asia, but with the developments in italy, you ha y analysts wondering about europe. 2 1/2 months away until tourism kicks into high gear in big cities like milan and rome it is a big revenue driver for big countries like italy and germany. two important reads on the travel sector, marriott, the largest hotel operator on wednesday. and bobbi ibookingsholders. and it will give us color to see how the demand is being affected >> it's interesting, there are folks out there saying how could anybody take a cruise again when it seems one headline after another. when we talked to phil, why even have this conference when the risk doesn't seem worth it what is it w

282 points, the s&p 500 also down, 30 stocks are down, the number one gainer, maybe it's moving on wilf's interview >> also a dividend, too, in this environment. >> sounds good >>> especially if dan is right on yields. we'll get more into that on the rundown, pirnl. >>> up next is your "word on the street." >>> plus former chrysler president jim press discussion a wild week for tesla, and a new shake-up at ford what a time to be alive. the world is customized to you. built for you. so why isn't it all about you, when it comes to your money? so. what's on your mind? we are edward jones, a 97-year-old firm built for right now. with one financial advisor per office, we're all about knowing what's important to you the one who matters. edward jones. it's time for investing to feel individual. >>> welcome back to "closing bell." a pair of dueling notes on twitter. guggenheim believing long-term potentially is fairly valued, but susquehanna believes that things like the olympics boosting twitter's stock needham is out on a note with world wrestling, and the best scenario is amazon buys out all t

exposure is going down this is remarkable fauci said something when he was interviewed by sara and wilfave martial law you can shoot people who leave the cordon, we would not get a court order to shut down california. they don't have as much democracy we're discovering as us they just don't. that's absolutely, we never have seen someone, authoritative government try to quorn tee something since the soviets decided to starve ukraine in the '30s >> the opening bell here the s&p 500 at the cnbc real time exchange and the big board it's deutsche, black leadership forum in honor of black history month at the nasdaq, and the eastern company at the nasdaq. waiting for the board to fill in on this wednesday morning. david you've been watching dish and some of the metrics. >> david corrected me that edison is from milan, ohio >> you're welcome. >> go ahead, dish the dish >> we're going to talk dish? >> that was the segue >> sorry i was looking at cord cutting numbers because the latest numbers are out. let's get to dish numbers as well we talked about it at the top of the show people look at the

expected headlines wilf. >> yeah.eadline is that there's no change to 20 for targets despite a huge collapse in yields since we lost got targets from them which came when q-4 earnings were reported in january they put this in front of the presentation on page 2 it includes $200 billion target in green financing this year up from $175 billion last year no financing of oil and gas in the arctic and limited financing currently about 1% of their financing and they won't do any fresh financing in that area but back to the fundamentals for the bank stocks. yesterday they all sold off sharply in line with the rest of the markets. the biggest decliners with this year's biggest winner so far, morgan stanley the bank with the most exposure to asia, citigroup, and the one that seems the most interest rate sensitive bank of america, jp morgan was down as well but only about 2.2% and despite no change in the financial targets the focus today will be on the comments that we hear from the business heads and of course chief among the

. >> on the plan announced this morning, wilf is right the headline here is the financial transactionsscary. >> because it's actually new and it was actually not in bloomberg's tax plan which he put forward earlier this month and when i called the campaign earlier this month when they launched the plan i said is that going to be an ftt and they said absolutely not so something changed. so it sounds scarier than it is. the rate is only .1% bernie sanders rate on his financial transaction tax i is .5% that's the first thing the second thing is its not a big deal it sounds scary but it only raises about $700 billion over ten years. you compare that to bloomberg's overall tax plan which is 5 trillion it's a very small amount and only effects the very top number of investors and for them the average tax bill under this would be around $150 million. >> we have to move on. >> the banks fear that much. there's already something similar. it's in the u.k. for example it's not as bad as if you actually brought it back. >> but wait a minute, high frequency trading and it would effect them. >> it w

wilf >> thanks so much for that now, i've spoken to the head of trading at one of the biggest investment banks in the world. u.s. investment bank just about an hour ago and here are their main takeaways in terms of what's been happening so far this week. first of all, the client flows remain reasonably two way. i.e., not all one-way traffic. markets have moved but still functioning well and doesn't feel like 2008 also most of the selling they're saying is coming from systemic quant funds. true mutual funds are not ready to catch the falling knife and buy. but they and retail investors are not responsible for most of the selling we've seen this past week now, i ask what they are looking out for that make -- that would make them think it is more like 2008 and the first thing they said is retail money estimated at about $20 billion of u.s. etf liquidation has taken part this week but that is not huge in the grand scheme of things if more comes, that would be a worry. second, keep an eye on central banks. we just heard from one, of course, not just rates but the need to make sure the repo ma