disease in in those that are in the early stages so i think one of the concerns right now with with dex about the zone is that there are you know would there be the potential that if you treated patients too early they might actually end up increasing the potential severity of disease because it actually acts as an anti inflammatory so i think that we have to look at this as a potential game changer for those patients that are actually in severe disease distress but we are still lacking for some sort of a therapeutic that will ultimately help reduce infections in the very early stages of disease so when it's and sounds like if i'm understanding you correctly then it really matters here the time in the course of the disease when you administer this drug because if you administer it too early you could actually exhilarate could have not seen is that correct. there is that potential right and that's the the problem in the end of the trickiness with these types of diseases is the unfortunate side is we don't necessarily see cure alls outside of vaccines so now we get into an issue of thinki

dex dex methadone. >> there is demand.f the press release is correct and what this shows, this would be the first drug that reduces the mortality when it comes to this disease covid-19. recomme remdesivir sped up the recovery. this drug reduces mortality for the sickest patients. patients on a ventilator, it reduces their mortality by a third, people on oxygen reduces mortality by a fifth. it's a corticosteroid. and you hear of nonsteroidals. they are all in comparison to steroids. steroids are the most powerful immunosuppression drugs. the thinking has been in those sickest patients, what is making them so sick and killing them? it's not the virus so much as the body's response. it's the inflammation that bombards the body. what do you do? you give a drug that dampens it. a steroid seems to work. this is a cheap, widely available drug. in some patients by injection, 6 milligrams for ten days and it seemed to have a major impact. if studies hold up, this could be a significant finding not just in terms of this drug alone,

disease in in those that are in the early stages so i think one of the concerns right now with with dex about the zone is that there are you know would there be the potential that if you treated patients too early they might actually end up increasing the the potential severity of disease because it actually acts as a nanny inflammatory so i think that we have to look at this as a potential game changer for those patients that are actually in severe disease distress but we are still lacking for some sort of a therapeutic that will ultimately help reduce infections in the very early stages of disease. the chinese capital beijing is reimposing coronavirus restrictions after a cluster of new cases the city has ordered all schools to close and banned people from high risk areas for leaving the new outbreak has been traced to a large wholesale food market they've been over 100 cases of over the course of 5 days and this is stoking fears of a 2nd wave of coated 19. raging residents thought they'd put this behind them but here they are lining up in the hot sun coronavirus testing after nearly

. >> dex -- demonstrators like used their cars. today that means a loud and peaceful demonstration in front of the home of sheriff david livingston. laura anthony has the story now from danville. [ horn honking ] >> reporter: they came in loud and dozens strong. a caravan of cars carrying protesters to the neighborhood to the home of contra costa county sheriff david livingston. >> we as community members feel unsafe with him as a top law enforcement agency in the county and this is our way of escalating a flairive about what we need in terms of real investment into the community that isn't just more people on the streets with guns. >> reporter: there have been ten inmate deaths from suicide and drugs and health issues at contra costa jails in the past two years and these protesters want those issues addressed. they also want the sheriff's department defunded. juvenile hall closed and -- >> i personally think sheriff livingston should resign. i don't think he should run for another term. >> that is not going to happen. >> reporter:

been limbering up my lips to pronounce some long words because i want to tell you the good news about dexdone and say goods things about remdesivir. we started with week with the fda revoking the authorization for the chloroquine and hydroxychloroquine. but a day later we got results from a trial in england, and this is aster oiled, dexamethasone, and it was proven to reduce risk. and that brings us to three in terms of proven treatments for covid-19 right now. the others are convalescent plasma where you use the blood of patients who have recovered from covid-19, and you've got the gilead drug remdesivir. i spoke with the ceo there, dan o'day, for my barron's street wise podcast this past week, and he says they're looking at ways to expand the usefulness of that drug. let's listen to a clip. >> doing formulation work to see if we can, instead of this being given as an intravenous injection which it is today, we believe we may be able to provide this inhaled version which would be less invasive, of course. >> keep in mind we've only been talking about drugs that companies already had befo

better result eem contains a lot of different kinds of companies the largest constituent of that indiana dex is baba i think if you're thinking correlation could spike up again, that we could see an increase in volatility like yesterday and also playing off the technical and fundamental factors that carter outlined, i think you might think of putting on a put spread. the price of options is a little bit higher now than it was going back six months ago but it is substantially lower than it was at the depths that we saw in march. so i think this is the kind of structure that still makes sense to essentially be net long premium. i was looking at the august 39 put spread the 49 puts are the first out of the money puts you could buy those were costing just a little over $2. you would sell the 34s against it for 75 cents. net-net you're spending $1.30. we usually look at these put spreads to pay 20-25%. this is marginally higher than that but it's well justified given what we've seen over the last two days. >> tony, is that worth paying a little bit more for this trade does this make sense to you?

dramatically cut the death rate from the coronavirus a new drug trial has shown this giving low doses of dex a method zone reduced at speier around a 3rd among those with the most acute cases of the infection a team of experts in britain described their results of this clinical trial as a major breakthrough or currently no approved treatments or vaccines for coronavirus the saudi led military coalition fighting in yemen has been removed from the united nations blacklist of warring parties that harm children in conflict the decision came as a coalition air strike hit a vehicle carrying civilians in northern yemen on monday with the rebel safe for children are among the dead the nato chief says he has begun talks with the u.s. and germany that's after president all trumped order there was a troll of nearly $10000.00 u.s. soldiers from germany trampas falsely accuse the nato ally of not paying its fair share of contributions to the alliance's budget of the headlines keep it here much more news to come in the meantime the story is next. as protests rage over police brutality and corona virus gri

haveble countries access to important information and even regulatory review of certain critical pro-dex. most importantly, looking forward, -- products. most important, looking forward tocontinuing vulnerability other potential global catastrophic threats, the ability to have eyes and ears around the world for early recognition of an emerging problem and rapid dissemination of information about the nature of the threat and strategies to address it is critically important. as helene said, although i might say it is stronger, it is just wrongheaded what the u.s. is opposing to do. luckily, we haven't implemented that decision yet, but it is reckless in the midst of a global pandemic, to pull out from an entity that is usually important to our nation but also -- usually important to our nation but also important -- hugely important to our nation but also important to making a secure world. susan: we are talking about socioeconomic and other fault lines exacerbated inside the united states in a very unequal consequences -- and very unequal consequences of the coronavirus. that is one fisher

so tightly on the dex of these boats that the cattle could not move. they would have to stand there for as long as it took for the steamboat to get up to illinois and off-loaded there. joseph mccoy talked about the conditions of the cattle. they were packed so tightly that the crew would throw hay on their backs and the cattle would heap eat the hay off the backs of other cattle. they would be watered by having a hose and just fed by hose to get the water that they needed. this was a pretty brutal transportation system altogether. it shows you the dynamics of the trade. here. here is the thing that shaped the trade more than anything else altogether. the stick. a little creature. it harbored a three my crown large pro doesn't. a tiny little critter inside the belly of this tic. it thrived in the southern regions of the united states. in the southern portions of texas and mississippi, louisiana, georgia, florida. what this tic would do, it latches onto the cattle. it would latch on to dear and horses as well. then it would release this pro on into the b

cut the death rate on the growing of viruses it's been found in a new drug trial given low doses of dex the methods were jews deaths by around a 3rd among those with the most acute cases of infection a team of experts in britain described the results of this clinical trial as a major breakthrough there are currently no approved treatments or vaccines for corona virus as kill more than $437000.00 people worldwide it's time for weather now with everton so there are wildfires burning in the u.s. for a set time of year because for shell is the hot june sunshine and the low humidity and you can see the clear skies that we have iran across much of north america and certainly into the the great plains of the u.s. down towards southwestern corner where is of high humidity having said that the area cloud here just around the mid atlantic states for to sing a lot of rain is setting up a wet week for the eastern seaboard this next one just around the mountain states us a little more transit that's going to not just way further east which is because through the next couple of days but in between he

the indexes that's had a lot to do with the more resilient parts of the economy driving the intex dexes, but also tremendous fiscal and monetary support low cost of capital. the math makes it work so you can justify paying more for equities the stock market likes nothing better than a mass kitchen sink environment where there's the freedom to say we don't have to wait for things to get good, just less bad. you really have had a remarkable recovery off those deaths, but those are i think the forces that have driven it and by the way, with all that, the reluctance of investors to believe it and the very question you're asking, the fact that that is on the tip of everybody's tongue is kind of the reason that it keeps driving higher because it just feeds on that caution people feel underinvested every day. it doesn't go down >> that bar chart is fascinating. i guess it's suggesting there's no typical mean reversion or correction in the second half of the year if the first half has been particularly strong or particularly weak and maybe suggests that the fundamentals matter if the fundamenta

the aggregate inzechl dex we fon a $20 fixed income by the end of this year.so as an investor, you have to think, gosh, they made interest rates unattractive from an invefrtment point of view. the whole five year and treasury market is functionally 0%. so what i do do with my money? i've got to provide some up side return in the equity market. we'll continue to get that boost. the way you look at equity ritz being premium, that is on where interest rates have to be. you by this today. companies are going to be able to borrow increasingly attractive rates that is a fantastic arbitrage if you're a company can you borrow attractive rates. buy back the stock if you want you can make acquisitions. it provides, as you say, further balance to the equity market but that's how investors have to think about it you know, interest rates sti low. what jay powell said, interest rates stay low for two to three years. that's a pretty big deal when investing in the markets. >> rick, compare for us the scale of what the fed is doing to other major central banks dollar is down 0

this is for very severe patients, the lead investigators at oxford saying of the trial, dex sa meth thateason is the first drug shown to approve survival of covid-19 it's large enough for those patients six enough to require treatment, and should become a standard of wear care. the drug is inexpensive on the shelf and can be used immediately to save lives worldwide. jim was talking about why this wasn't used earlier, and on "squawk box" this morning, talking about all, they thought that steroids would be potentially harmful to give to patients in this severe stage of covid-19 there's actually a recommendation not to use steroids so, it just showing the evolving nature of scientists' understanding of this disease. as you pointed out, david, people with the disease in march are in quite a different situation than people who got the disease now. >> i'm on five prednisone every day because i have a migraine. hey, national spokesman for might go gr migraines. the reason why they didn't jack me up to a higher level is because doctors would be aware that i would take steroids if i got covid. th