. >> bob peck joins us this morning, chairman of internet global banking and barclays at post 9 different chair again, today >> thanks for having me. >> i have to ask what you make of the i don't know going list of companies, not warning but saying we don't know enough to warn at the moment >> i think that's number one the number-one take-away we're getting from the board level, the c suite is just be prepared, be ready, whether that's for what could happen because of corona, whether it's pushing for an ipo, whether it's an m&a deal the best you can do is just be ready for your current plans it's interesting, when you take a look back and say how did we get where we are today and where are we truly, in 2019, the markets were up pretty strong, s&p up about 29, nasdaq about 35%. as i pointed out before, you had that anomalous fourth quarter in '18 that took you down 20%, so you look across that, you had the s&p up about 15%, nasdaq up about 20%. strong, healthy, but not ebullient, sort of reasonable. now you bring that forward to today and what do you have given what's happened in the first

. >> non- virus news bob iger replaced by bob j peck you spoke with them on the phone everyone has respected in what is and at the park for the last five years why would you go to parks i would every talks about streaming so that's disney's biggest earners television so why would you go to bob meyer with the streaming business the first answer is parks are the fastest-growing part of disney right now. they are becoming profoundly popular and i can envision in the next couple of years parks overtaking television becoming the business. also he's got 19 years of hollywood experience before he ran the park's business if you ask about streaming he says it's not called streaming is called direct to consumer. and there is nothing more direct to consumer than running the parks. jack: tough time he because parks are not the place we want with the possible pandemic. jack >> barely had to close in shanghai and hong kong. you can see a downturn in attendance here in the u.s. is things get worse. but keep in context this is a business where you are at $7 billion in operating profit just up from a few bil

. >> non- virus news bob iger replaced by bob j peck you spoke with them on the phone everyone has respectedark for the last five years why would you go to parks i would every talks about streaming so that's disney's biggest earners television so why would you go to bob meyer with the streaming business the first answer is parks are the fastest-growing part of disney right now. they are becoming profoundly popular and i can envision in the next couple of years parks overtaking television becoming the business. also he's got 19 years of hollywood experience before he ran the park's business if you ask about streaming he says it's not called streaming is called direct to consumer. and there is nothing more direct to consumer than running the parks. jack: tough time he because parks are not the place we want with the possible pandemic. jack >> barely had to close in shanghai and hong kong. you can see a downturn in attendance here in the u.s. is things get worse. but keep in context this is a business where you are at $7 billion in operating profit just up from a few billion dollars five years