thi -- chrysler to fiat.hen he wants to rewrite history and say the good days today are to his benefit. trump turned it around. 10 out of 10 americans know they are better off today. judge jeanine: bernie sanders is the lead contender for the democrat nomination. how do you think that will affect all these people who are better off because of donald trump primarily because of the economy and the solid footing they have. >> the 54% in nevada who just voted for him, that's his base socialist democrats. they believe if they take from someone and redistribute it, somehow everybody will be wealthy. the other half of what used to be the democratic party is coming in droves to president trump. that's why his reelection will be about increasing the number of people who used to be democrats. and they don't want socialistic policies to take away their children's ability to live a better life through hard work. darrell issa, thanks so many for being with us. will bernie sail on the socialissocialist express on toe nomin

chrysler. so. b.m.v. chrysler. the industry is going through radical changes technology for pure combustion engines is not so much in demand anymore that have can compensate for this with their new electric and hybrid business but many other traditional suppliers are feeling the strain. now for the elephant in the room do we actually need cars in cities if there is a good system of public transportation and bike lanes and sidewalks to walk on of course many cities don't fulfill those requirements unfortunately according to my colleague christine of us women are more likely the men to shake off the shackles of car ownership at least hear about it. and by that i take my scooter and use public transportation to get around berlin is the quickest and nicest way for me to travel to work a torch of relativity. but i know what is the urban travel of gender interest to men and women do it differently. that you live and let live in your local i don't drive myself and i have a driver you can see during the ride i work read or

brad clark, vice president of powertlan manufacturing for fiat-chrysler and uab region 2 director rich rankin are both with us tonight. and later this week, i look forward to going down to princeton for another special toyota announcement. congratulation, gentlemen, and thank you for choosing indiana. thank you. [ applause ] >> our strong economy didn't just happen. we did it the old-fashioned way, we earned it. throughout our time together, we've operated within an honestly balanced budget and protected our aaa credit rating. we set aside $2.3 billion in our state's savings account which is in stark contrast to our neighbors. others have notices, too. in 2019, we ranked first in the midwest and top five in the nation for business. number one for structure. top two in the nation for long-term fiscal stability. a recent editorial in "the chicago tribune" put it this way, they said what does indiana offer that illinois doesn't? lower taxes. more stable home values, balanced state budgets and funded pension systems. no wonder 36,000 people moved to our state last year, and indiana's welco

fiat chrysler is having to shutter a plant in serbia.n is that the stereo it puts in the veh icle is made in china. so they can't ship these things. are we going to see similar cases like this all across the auto sector? >> this is one of the big risks to the auto companies. a vehicle takes 2000 or 3000 parts, and if you are missing one, it doesn't get off the assembly line, doesn't get shipped to dealers, and they don't book revenue. all of the car companies i know are going through their supply chains, looking at risk, looking at what they could lose from parts shipped from china to any market. fiat chrysler is in serbia, but there are plans in the u.s. that can get parts from china and mexico as well. there is risk to auto plants all over the world. it just depends on how long this goes and whether or not they can find another source for these parts. i talked to general motors this morning. i just generically said they are looking at their supply chain to see if they can identify any potential shortages coming up, and if they can find

the number equal to the entire market cap of fiat chrysler. pulling back about 2% this morning.quadrupled since october. tesla's market cap has topped $160 billion that puts the company in rare air ahead of big names like nikki at $156 billion. in individunvidia and mcdonalds and citigroup. that market cap is roughly equal to the total market caps of these companies. $85 billion gain almost the same as morgan stanley, altrea, goldman sach and more. let's talk about what is happening with mark tepper i don't know what to say, mark do you buy tesla at this point >> i think tesla is the most dangerous stock in the s&p 500 i'm terrified to own it, to short it it has a mind of its own it seems like every time there is the slightest bit of good news, you've got a lot of shorting we prefer to invest in a good, solid, tradeable management team for tesla, it doesn't fit our strategy wish i had a crystal ball a couple of months ago and was getting outright now but it is dangerous right here >> tesla belongs in the s&p 500. you wonder when it is going to be included. i got to ask you this.

factory i put forth this plane maker of boeing struggles to recover from the fallout of the 737 box chrysler will go to wall street to find out just how big an impact the company's close could have on the u.s. economy. you tube turns 15 we'll show you how what began with a video of a visit to the do it is involved into one of the biggest and most lucrative top 4 of them in the world. this is. ferguson welcome u.s. manufacturing output is down and driven largely by problems that plane maker boeing figures from january show a 0 point one percent fall in factory production compared with a slight gain in december boeing halted production of its 737 mox jets at the end of last year following 2 deadly crashes the model remains granted worldwide without a drop in the production of planes and parts u.s. actually i would have grown 0.3 percent last month. now for more let's go to detail because financial correspondent gets caught up on wall street. these are pretty disappointing numbers run us through just how important boeing is for the u.s. economy. the boeing clearly is one knows the biggest indus

the firm actually defied a sales drop to report record profits for 2019 head of its merger with chrysler that thanks mostly to rising sales of prize your s.u.v.s but the company racked up major losses in china and it was forced to stop production at its plant in china's woo han which is the epicenter of the corona virus outbreak. a buyer has announced that its chairman vanna venting is stepping down from his post at the german drug and chemical giant 2 years earlier than expected the company's due to present its annual report for 21000 on wednesday where the focus will be on its legal conundrums over the we kill a round up and its progress in reaching a settlement that's an effort in which spending was closely involved. then a vending scene here on the right was chairman of the board during the company's acquisition of u.s. seed and farm chemical company monsanto in 2018 but the $63000000000.00 takeover turned into a problem due to exposure to legal troubles involving the weed killer roundup. users have filed thousands of lawsuits in u.s. courts alleging that the active ingredient in the

fiat chrysler suspending production that an assembly plant in serbia.his the first european body -- auto plant was seen affected by the virus. that continues reverberations across the auto space. fiat chrysler joining what we are seeing with their operations being affected as we have ford feeling the pain. it's looking to extend for production staff in china. this as it's trying to get its operations online february 24. so far the operations outside of china remain unaffected but a quick word on volkswagen feeling the pain there as it stays closed through this week. does not bold well for car sales given the output seeing another setback. >> what are you looking for in terms of how hong kong and china respond this weekend. it will be a long weekend in the u.s. so investors are keeping their eye on potential headlines and potential negative headlines. what are things you are keeping an ion there? >> we are expecting more measures from authorities in china. for example there's reports they may be less strict when enforcing a quota on property beated loans

fiat chrysler plans to halt operations at a plant in serbia due to a lack of parts from china.enault's interim ceo told bloomberg they may be forced to close additional plants. >>>> we had to close our plant in bussan, korea. damphere with insight is locations on the global economy, joining us from hong kong is sophie kamaruddin, and matt security at the munich conference with more on germany's stagnating economy. sophie, what is happening in china? we are increasingly seeing higher and higher numbers. we are also learning that beijing is now telling people returning home that they need to stay in their homes for 14 days. the chinese don't see any let up in this story. sophie: china will want to ramp up quarantine measures, and as you pointed out, we got the latest reports regarding cases on the mainland, and there were some inconsistencies in the data , which has sparked some confusion. the big jump we saw in hubei today,as a one-off, but china did lower the hubei reported cases by more than 1000, why also -- while also trimming the nationwide death told by more than 100, citi

lola is another person in the book unfortunately now working the night shift at the chrysler plant and could not be here tonight. a single mother in her late twenties and has dreams of running a business and a college degree but is commuting 80 miles each way to work at the call center her job at the time we were talking she was commuting to the call center for a minimum wage job and struggling to stay in her house that she does not feel very safe and in the detroit school system. a system where students received half the funding of students in new york or boston and finally joe is a white man from new jersey who came to detroit with a lot of ideas and talents and education with commercial space and ideas of starting a business and he is beset by the lack of funding and has trouble finding money to renovate a commercial space. his wife and his daughter join him. his daughter is quite successful working in restaurants and bars. he has a new baby. and we see him encounter a lot of the problems that lifelong detroit residents face but much more recently worried about the neighborhood or w

. >> you follow the auto industry for quite some time and i know when i was running chrysler i'm justasped at stock price for tesla, all of the competition has introduced their version of electric vehicle, the consumer is still hesitant in many cases, we have not seen more than 1 to 2% in electric vehicle, you mention the run-up on this thing and possibly to pull back to 40, what's your view for overall market to electric vehicles? >> so they're going to have a whole lot more competition than they've had in recent years and a lot of the models are coming very soon, during the big game the other night you saw a few commercials for new models which are coming out, tesla is going to have a lot of competition, the other thing people aren't looking at is tesla's tax credit on electric vehicles which was previously $7,500 is now zero and all these other, most of the other electric vehicles will be eligible for the full 7,500-dollar tax credit here in the u.s., so we think that gives those vehicles a competitive advantage. dagen: i have talked about the cars, the mustang, the takon, ford is

chrysler's jeep brand also took out t a memorable ad.laying off ththe movie groundhg was alsoe super b bowl on groundhog d day. the companany got bill murray to reprise his role from the movie. this movie came out all the way back in 1993 and t the company banked on it still appealing to viewers.s. genie: thank you. cheese lovers out there, there is some emoji drama between -- news from the winter coming up in the press review after the the -- winner coming up in press review a after the news. ♪ >> fake news now. false stories that appear to be news spread on the internet or other media. tofrance 24, our job is provide you with information that has been verified. check sources, facts. we sort t what is trueue from wt isis fake. photos and videos circulating online. they are fake, we let you know and tell you how we spotted them. lax in fact or fake, we dig inio viral fact or fake, we dig into viral storiries are from across -- fromo sort f fact fiction. >> france 24, news based on facts. liberty, eququality, actuality. >> the 2020 race f

climate of a clash of political and academic cultures that's posing chrysler challenges to the industry than ever before. their entanglement with china's or thora tarion regime is putting a strain academic integrity human rights commitments and national security. where all dealing with what is an emerging threat a threat which has raged levels of on preset entered proportions so we want to make sure it's very clear what the responsibilities of universities are when it comes to collaborating with any government foreign government because it's incredibly important that we get that collaboration right and that that collaboration is in the streisand interests. some universities are starting to get the message many universities just have their is closed. unable to hear the kinds of warnings. there is no excuse anymore perhaps 3 or 4 years ago university vice chancellors could have said oh well we didn't know that is no longer excused naivety is no longer an excuse. australia is on person to fire season has killed more than a 1000000000 animals. 101 east investigates a wild one of the budgets

yet chrysler also looking at possibly idling a few of their plants in europe because they don't have enough materials. tesla has a different story right now. they have already reopened in shanghai but there are also selling about $2 billion of common stock, and that is being reflected in the market. it is all about car sales, down by the most in a year. we are talking about sales to dealerships falling 20%. the passenger association car forecasted a february plunge of 30%. this would be the biggest fall in eight years. for more details on the spread of the coronavirus, we are joined in hong kong by sophie kamaruddin. explain to us this change in hubei provincet adopted here, and give us the latest numbers. >> the revised methodology includes the category of patients that have been diagnosed with clinical symptoms. that will allow for further detecting. but this has done is increase the number of total cases by 45% , to nearly 50,000. as amanda noted, the who clarifying, the lion's share of these newly added cases under this new category date back two days and weeks ago, so that repre

hour deal with the at chrysler is one of the largest auto assembly plant deals in the last decade, adding over 6000 jobs and generating 4.5 million dollars of investment and for the first time in 30 years, the opening of a new assembly plant in detroit. our deal with ford motor company will create 3000, jobs producing the first ever fully electric f-1:50, securing michigan's pole position in mobility innovation, and just this, week we work with general motors to announce more than 2.2 billion dollar investment in a detroit facility. i know you remember a year ago that plante was on the closure list and now we are adding 2000 no -- new jobs for michigan or. growing jobs outside of the auto industry as well. my administrations continue to work with the canadian government on plans to construct the gordie how international, bridge a project that will create thousands of good paying michigan jobs and spur economic growth in our state for years to come. the canadian consul general, john paul martin, is here with us tonight. please join me in applauding our canadian neighbors for financing this

our deal chrysler's one of the largest automotive assembly plant deals of the last decade. adding over 6000 jobs and generating 4.5 billion dollars of investment. and for the first time in 30 years, the opening of a new assembly plant in detroit. our deal with forward, motor company will create 3000 jobs, producing a first ever fully electric, f-1:50, securing michigan's position in mobility innovation. in just this week, we work with general motors to announce, more than 2.2 billion dollar investment in the control facility. i know you remember a year, ago that plante was on the closure list, and now we are adding 2000 new jobs for michigan. we are growing jobs outside of the auto industry, my ministration is content to work with the canadian government on plans to construct the gordie how international bridge, a project that will create thousands of good paying michigan jobs, and spur economic growth in our state for years to come, the canadian council general is done tonight, please help me applaud our canadian neighbors for financing this project, and remaining a steadf

the automobile giants can now direct attention to its next challenge, merging witith fiat chrysler whichld make ththe carmaker thehe indndustry's fofourth-largegest. 2/5 ofof apple shareholders supported a m mease that would ask them to be more transparent about censorship demands from beijing. it i is the third time that shareholders have voted on this type of motion but support jumped from her -- from 10% to 40% in two years. the vote sends a clear message to apple that they must do better on human rights. continuesprahinfrey to be a big draw for ww, known as w weight watctchers, but hehr power comes at a cost. she has been on a tour under the ww banner and has helped - - hey, i'm valerie j junu. comingng up on reel south . - [randall] some lss are mplyly unjusus - - [valie] ] a rth cacalina church offerers sanctuar to a grandmother fangng deptatition. [r[randa] ththerare times when people ofai haveo o make chohoice. - alaleriebut t acon oveve silence does come at se co. - theyeyall it harbining a gititive, d i think that those semtitics are verympororta in ththis 's's notarbobori a fu

tesla is now worth more than general motors, ford, fiat and chrysler combined.er is the latest on company to tackle doctored and misleading content. under new rules taking effect next month, twitter will label material that has been manipulated and removed post that could cause harm. in a blog post the company says it may make errors along the way until it figures out what qualifies as problematic. earlier this week youtube said it plans to remove misleading election content. macy's is shuttering 125 of its least productive stores as it struggles in the age of online shopping. it is also cutting 2000 corporate jobs. the company did not announce how many workers at stores to be laid off, and macy's also said it will begin testing a new smaller store format this week called market by macy's. it will be freestanding locations and set up inside malls. that you're cbs money watch report. for more head to cbsmoneywatch.com. at the new york stock exchange, i'm diane king hall. >>> happening today we are honoring those who work hard to accurately forecast and report the

most ever announced in a single year in the history of the medc. [ applause ] our deal with fiat chrysler is one of the nation's largest automotive deals of the last decade. adding over 6,000 jobs and generating $4.5 billion of in investment. and first time in 30 years opening of a new assembly plant in detroit. [ applause ] our deal with ford motor company will create 3,000 jobs, producing the first ever fully electric f-150 securing michigan's poll position in mobility and innovation. and just this week we worked with general motors to announce more than $2.2 billion investment in their detroit facility. [ applause ] i know you remember a year ago that that plant was on the closure list and now we are adding more than 2,000 new jobs for michiganers [ applause ] we are growing jobs outside of the auto industry. my administration is continuing to work with the canada administration on working on the bridge that will create thousands of jobs and spur economic growth in our state for years to come. the canadian council general is here with us tonight. please join me in applauding our canadi

working so other countries that are the companies being involved and impacted by this general motors chrysler re no nissan ford motor company as are all companies that don't have product to finish building things that they have other components from other areas of the world so this is going to impact the global automotive industry they're talking about g.d.p. being impacted by up to 5 percent that's huge when you're looking at something that's one country can impact that much on others other companies that.

americans do not have health insurance and $41000000.00 more have inadequate access to it she says chrysler that this same goes for health care as brazilian wax sings give me cheap and terrible or expensive and wonderful but the one thing i won't stand for is paying $700.00 to look like i got hit by a drug weed whacker. health care and in fact since. so here's the new study from the land set that just blows everything us taking into account both the cost of coverage expansion and the savings that would be achieved through the medicare for all act we calculate that a single payer universal health care system is likely to lead to a 13 percent savings in national health care expenditure of crippling to the more than $450000000000.00 annually medicare for all it would save by $450000000000.00 but there's more to the entire system could be funded with less financial outlay then is incurred by employers and households paying for health care premiums combined with existing government allocations so not only would it save just about every citizen money it would also save money for the ruling elite

americans do not have health insurance and for. 1000000 more have inadequate access to it she says chrysler the the same goes for health care as brazilian wax sings give me cheap and terrible or expensive and wonderful but the one thing i won't stand for is paying $700.00 to look like i got hit by a drug weed whacker. health care and faxing. so here is the new study from the land set that just blows everything us taking into account both the cost of coverage expansion and the savings that would be achieved through the medicare for all act we calculate that a single payer universal health care system is likely to lead to a 13 percent savings in national health care expenditure of crippling to the more than $450000000000.00 annually medicare for all it would save by $450000000000.00 but there's more to the entire system could be funded with less financial outlay then there's incurred by employers and households paying for health care premiums combined with existing government allocations so not only would it save just about every citizen money it would also save money for the ruling elite the

the a chrysler said last week it had temporarily halted production at its plant in serbia. the first homemaker in europe to do so as a result of the coronavirus outbreak. the world's largest retailers also bracing for the possible impact from the coronavirus outbreak well that didn't factor that in is it lowered its profit forecast for the year a ahead. walmart reporteted slower sales in the holiday season and fourth quarter profits fell short of expectations. other us rivals like targeting coals have also seen there and if your profit slump although amazon soared to a new record. walmart is trying to catch up focusing g on the online business shares recovered from earlier losses to close up about one and a half percent. that brings us to the rest of the day's trading action the nasdaq turn slightly upwards on wall street. as tesla shares rose around six percent. the dow jones also pared back earlier steeper losses. apple shares closed down 2% after its warning of lower earnings and possible shortage of iphones because of supply chain issues again links to the virus in. chi

demand the result gives a boost to the group as it pushes ahead with a planned merger with fiat chrysler. the carmaker says it will pay a bonus of four thousand one hundred euros season please it represents two and a half months salary for those working on minimum wage. is the company's ceo collison virus speaking idea. but does also teaches we are sharing this wealth with our employees since over the last six years we have multiplied by a factor of five the amount of performance and incentive bonuses paid to them. i see a new collaborative. now the surprise management re shuffle in the magic kinom. bob i go has stepped down as chief executive of disney after fifteen years in the role to be replaced by another disney veten above topic. i go remains in the company as executive chairman ariel conky takes a look. you're an icon after delaying his retirement form times. walt disney's bob eiger finally relinquishes the keys to the magic kingdom. i gern was expected to retire in twenty twenty one said his decision to step down early would allow him to focus on the in thinking about what i want

working so other countries that are the companies being involved and impacted by this general motors chrysler re no nissan ford motor company as are all companies that don't have.

the holding company for fiat chrysler and for ra.e parent of mercedes-benz will announce reportedly as many as 15,000 job cuts, according to a german newspaper. i'm already saying it would eliminate 10,000 jobs -- daimler already saying it would eliminate 10,000 jobs. and oil hovering around $50 a barrel, and it is now looking less likely that opec and its allies will cut production in response to the coronavirus outbreak. russia has been resisting saudi arabian efforts to reduce out but the virus is negatively impacting the chinese economy. china is the world's biggest oil importer. that is your bloomberg business flash. francine? tom? tom: let me do a data check right now. it is all very subtle. you need to know oem currencies weaker, oil set nicely below $50 a barrel. it has been there 1, 2, 3 times in the last few days, but nevertheless kyra his -- nevertheless, there is a whole way to the tape, not seen in equities. francine: investors are trying to gauge the economic hit from coronavirus. the market is in a weight and see mode.

well get chrysler may have to temporarily stop production at one of its europeann factories because of the corona virus outbreak is weighing down its supply chain. the carar makers ceceo tolold the financial times four of itchchinese s suppliers have been affected. a decision will be made in the coming weeks. the auto industry has been particularly exposed to the slowdown in china the number of asian and american brands of halted or reduced production. there are few firm figures for now but analysts say businesses in china and around the world facing a major upset. is a huge bottleneck for production process sees and we really don't know the extent to which is going to affect global supply chains but it did. the definite answer is it's negative. so people who had been looking for at the beginning of a rebound in global trade and- and industrial production that's definitely going to be delayed. and more on the economic impact of the current virus in this week's people profit that's online now. well it's smart phones are everywhere and now apple watches are conquering a new mamarket y yo

working so other countries that the companies being involved in impacted by this general motors chrysler re no nissan ford motor company these are all companies that don't have product to finish building things that they have other components from other areas of the world so this is going to impact the global automotive industry they're talking about g.d.p. being impacted by up to 5 percent that's huge when you're looking at something that's one country can impact that much on others other companies such as suzuki have were going to go to china to get components and they're sticking with india and i think you're going to see a lot of other companies looking to other places to get parts lord i do actually have a follow up on this because when you talk about almost every auto manufacturer being affected by this i mean china is the number one producer of autos are there actually manufactured there not to say that the companies are chinese necessarily so is anybody going to come out a winner on this is there anybody who's in a position to actually move you know move past this or is it basica

like general motors, ford and chrysler. and ford are plummeting now.his isn't good, but they are building and building because of the emissions in the way we are all thinking now. it's the future. lesley, thank you for coming still to come fancy—dress, drama and intrigue: we'll be taking a look at the experience economy with the founder of secret cinema. you're with worklife from bbc news. a pretty little thing advert has been banned by the advertising standards authority over concerns that it objectified women. the youtube ad featured women wearing exposing lingerie. the retailer says it didn't mean to "cause any offence", that it "celebrates women" and promotes body diversity. joining us now is miles lockwood, asa's director of complaints and investigations. why did it fall foul of the guidelines? well, this ad was seriously offensive and irresponsible because through the use of creatives, it objectified women. through a cumulative effect, it focused on exposed parts of this woman's body in a way which was unacceptable and overstepped the mark. that

." >>> 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 the offshore rites for the o.t.t. networks. >>> longtime ge bear, giving it a hold ratings, and raising the targets. joining us us now is the analyst, john hinch. now you're going from sell to hold i get i'm wondering playing catch-up, or has something fundamentally changed? but the company has succes

is the holding company for fiat chrysler. now to parent company of mercedes-benz.ll announce as many as 50,000 job cuts, according to the german newspaper. they are saying it would eliminate 10,000 jobs. the automaker wants to reduce the amount it spends on projects outside its core business. we end with oil that is hovering around $50 a barrel and is looking less like he opec and its allies will cut production, in response to the coronavirus outbreak. output on theking virus is negatively impacting the chinese economy. china is the world. largest oil importer. that is your bloomberg business flash. alix: staying with commodities. one industry getting hurt by the coronavirus is shipping. the demand in china is collapsing. now earning 93% less for suppliers. hitseven chinese provinces the hardest make up 40% of the country's gdp. a huge center for auto making, producing 70%, and using copper. this could be an increase in inventory outside of china. recovers,he economy you have to import new things. that is when it gets murky. the coronavirus spread is front and cent

they own fiat chrysler, but one of the things they own they are looking at selling is the reinsurance called partner re and it would be selling it to a french insurer. the price tag is said to be $9 billion. we heard these talks are ongoing, but there is no uncertainty they would result in transaction, but we can report these talks are exclusive. anna: thank you very much. thank you for bringing us your stocks to watch. you can find all of the stocks the equities team are focused on by going to first go on the terminal. let's get a news update. ministers from opec and its allies are not likely to hold an extraordinary meeting to discuss the coronavirus. the meeting will go ahead as planned in march. the situation in energy markets is now stabilizing. this is after the outbreak initially sent oil prices down by more than 10%. and ireland left-wing nationalist party is one of the biggest winners of the weekend's election. the minister expects it will come in second with 47 seats. this is behind the other party with 45 seats that the prime minister -- almost short of the 80 needed for a

on a microeconomic level, we've got companies such as fiat chrysler halting production in one of its plants in serbia. they can't get enough parts out of china. if you want to buy a barbie doll in the future, mattel delaying production, saying that point production is falling. i'm going to leave you with a little bit of optimism. the chinese state biotech seeing says it has been dramatic improvements. back to you in london. alix: thank you. now we want to head to germany. gdp flatlined for the fourth quarter, which may leave the country vulnerable to trade uncertainty from the coronavirus threat. you can read this as a glass half-full or glass half-empty. reporter: you can, and you also need to make an important differentiation that u.s. viewers might find interesting. the german look at the headline number is quarter over quarter gdp. in the u.s., we would look at year-over-year figures at the headline number. in that case, there was growth in the german economy, 0.3%. quarter over quarter, it is an absolute zero. a lot of factors leading to that. one of them is less government spen

fiat chrysler has had to close a factory. 500an build a fiat beautifully, except that it doesn't havereo to put into the car. peter: exactly. you are struggling, but i think that most investors will, too. we don't really understand the full implications simply because it is a very complex situation with lots of moving parts. we don't know how those also together at the moment. there is a sense for the time being that we have enough to get us over the next week or two, but after that, things will start to bite. we also find those companies with a lot of exposure to the chinese and asian market in terms of their business model will find their earnings start to get hit as well. you had that already start to happen. there's plenty of bad news out there for the markets to digest. guy: another reason to stay in the united states? do european companies have more exposure? i assume they do. plenty of them have exposure to china, and there is the demand stock as well. is it only going to encourage more people to put money to work in the united states? paul: i looked at one analysis that actual