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Mar 16, 2020
03/20
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want to go back to doc siegel if he's still there. you there? >> i'm here. this is what you call a remote panel. stuart: it's not a panel, doctor. don't ever i donuse that word.
want to go back to doc siegel if he's still there. you there? >> i'm here. this is what you call a remote panel. stuart: it's not a panel, doctor. don't ever i donuse that word.
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want to go back to doc siegel. we don't at this point have a mass-produced immediately available test for the virus, do we? >> no. it actually takes -- right now, it's taking a week or two or more because you have to send it to cdc. but as alex azar has been saying, they are now sending around the country thousands and thousands of kits. even those kits, they use throat secretions to test. it takes a few days to get results. what i have in mind, what cdc is working on is something called a rapid serology test where you can literally know the result within minutes or within several minutes, you would have your answer. that's what we need as a clinician. i see somebody with a cough, shortness of breath, high fever characterizes this, by the way, higher than the flu. have those symptoms confirm, separate, isolate, quarantine. right away. or say to people you don't have coronavirus, go about your business. stuart: you can do it right away. we are not in that position yet. how far away? >> weeks away from that. maybe th
want to go back to doc siegel. we don't at this point have a mass-produced immediately available test for the virus, do we? >> no. it actually takes -- right now, it's taking a week or two or more because you have to send it to cdc. but as alex azar has been saying, they are now sending around the country thousands and thousands of kits. even those kits, they use throat secretions to test. it takes a few days to get results. what i have in mind, what cdc is working on is something called...
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Mar 16, 2020
03/20
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stuart: is doc siegel with us? yes, he is. doc siegel, what do you make of this? moderna, the stock halted with a 21% gain. they've got a vaccine testing today. i call that real positive good stuff. what say you? >> i like the technology. i think it's very clever. it's very advanced. it basically identifies the virus in terms of its proteins and causes an immune response that's very specific. tony fauci is very excited about this vaccine. the only downside is it really hasn't even been tested as to whether it works in animals. we almost never skip that step but it shows you what we are trying to do here. we think it's safe. it's based on previous vaccine thavaccines that have been safe. i'm predicting good things for it. the question is how fast you can ramp it up so we give it to high risk groups, health care workers. we may have two phases. we may give it to high risk groups and health care workers, then three or four months after that, roll it out to the general population. i like it. i like it. stuart: any idea how long the testing might last? surely we will b
stuart: is doc siegel with us? yes, he is. doc siegel, what do you make of this? moderna, the stock halted with a 21% gain. they've got a vaccine testing today. i call that real positive good stuff. what say you? >> i like the technology. i think it's very clever. it's very advanced. it basically identifies the virus in terms of its proteins and causes an immune response that's very specific. tony fauci is very excited about this vaccine. the only downside is it really hasn't even been...
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Mar 17, 2020
03/20
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do we have doc siegel with us? dr. siegel, tell us, for those viewers who are just joining us, we have what i think is positive news on regeneron. tell me what we've got. >> there's a couple of stocks to watch today from a biotech point of view. regeneron being one of them because they are starting to do some push to get regeneron's treatment, a monoclonal antibody that targets the virus directly. it's exciting and potentially a very good treatment. we are also looking at remdesivir which is getting farther along in clinical trials. also of note is quest diagnostics and labcorp, both finally starting to roll out their plan to test hundreds of thousands of samples. thermofisher and roche make the two tests we are talking about. i would watch both of those. the other thing i wanted to bring up here is brian kilmeade talked about how in great britain, this wouldn't surprise me given the national health service, they are talking about a theory where if younger people get infected and have milder symptoms, that will build a
do we have doc siegel with us? dr. siegel, tell us, for those viewers who are just joining us, we have what i think is positive news on regeneron. tell me what we've got. >> there's a couple of stocks to watch today from a biotech point of view. regeneron being one of them because they are starting to do some push to get regeneron's treatment, a monoclonal antibody that targets the virus directly. it's exciting and potentially a very good treatment. we are also looking at remdesivir which...
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doc siegel, what happened to him? >> first of all, deirdre and lauren brought up a really good point. he had radiation therapy back in 2014 because of his throat cancer. know what that does? that can weaken the wall of the aorta. what is the aorta? the big artery coming out of the heart that feeds the brain and the rest of the upper body. stuart: did he have a tear? >> he had a tear, called an aortic dissection. it's about 200,000 people a year. stuart: for the benefit of the audience, what's the symptoms? >> chest pab pain, shortness of breath, pain radiating to the back. you go to the emergency room, we see a strange looking ekg, do a cat scan and diagnose it right away. you've got to get into surgery right away. only 80% make it through the first month. it's a very dangerous, dangerous situation. you put in a graft, artificial. if he makes it through the first month he has about an 85% chance of living more than five years. and a greater than 50% chance he will get back to work. i would say in his case, more than 5
doc siegel, what happened to him? >> first of all, deirdre and lauren brought up a really good point. he had radiation therapy back in 2014 because of his throat cancer. know what that does? that can weaken the wall of the aorta. what is the aorta? the big artery coming out of the heart that feeds the brain and the rest of the upper body. stuart: did he have a tear? >> he had a tear, called an aortic dissection. it's about 200,000 people a year. stuart: for the benefit of the...
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Mar 2, 2020
03/20
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i heard doc siegel say as we were talking about it on the air on friday. if they become more of an instant situation like a rapid strep test, they will still have to run that through a lab but you'll get an early indication if they can do that. the good news about that as they will start to find some of those cases that are out there that we say we don't know about. people may say now if we go to the yard may take days to come home because they can tell me what my symptoms are and how to take care of them. we do have those among us who probably don't even know that they have it. if it's community spread then it gets more complicated. we may see a rise in the number of cases popped, but that could be a good thing because it means we are finding more of those cases. the other silver lining i see is what's going to happen at the white house today. i'm really boosted by the fact that the president is going to attack this in a different direction. he has to meet the need of treating those who are vulnerable amongst us. right now we have a huge doubts, we need t
i heard doc siegel say as we were talking about it on the air on friday. if they become more of an instant situation like a rapid strep test, they will still have to run that through a lab but you'll get an early indication if they can do that. the good news about that as they will start to find some of those cases that are out there that we say we don't know about. people may say now if we go to the yard may take days to come home because they can tell me what my symptoms are and how to take...
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stuart: the word, doc siegel this morning said we'll get a new test. by a million, next 10 days maybe. you get a lot more cases surfacing. that will be kind of bad news you're talking about? >> when earnings estimates stop going down, it is reflected in stock prices. you have curbing in new cases you will know, the stock market will smell it, smell it out in advance and start going up. what i'm saying the market discounting mechanism. right now the market can't discount how low earnings are going to get or how much economic activity will be contractionary. it is early. emphasize stocks will do better than bond over the next two or three years. stuart: jim awad, and george seay saying don't get your feet wet right now. don't buy the dip. okay if you have five years out, but don't buy it right now. they are saying george seay, jim awad saying exact opposite of this man right here. his name is mike murphy. >> who am i to argue with mr. awad. i used to be his doorman. >> it he was in high school, a part-time doorman. >> i'm in no position -- >> now he can
stuart: the word, doc siegel this morning said we'll get a new test. by a million, next 10 days maybe. you get a lot more cases surfacing. that will be kind of bad news you're talking about? >> when earnings estimates stop going down, it is reflected in stock prices. you have curbing in new cases you will know, the stock market will smell it, smell it out in advance and start going up. what i'm saying the market discounting mechanism. right now the market can't discount how low earnings...
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Mar 12, 2020
03/20
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doc siegel is waving at me. what have you got. >> i want to ask you if he did a fist bump with the president or shook his hand? stuart: is he still there? general? he just took his mic off. general, if you can hear me can you answer this question, did you do a fist pump with the president or shake his hands or one of these man hugs? >> the president and i shook hands multiple times, before the ceremony, privately, with my family and the first lady and then shook hands two more times i think after the zare, shook hands during the ceremony. shook hands two more times after the ceremony. pounded my back about four or five times. stuart: okay. >> it was a normal experience i think for two people, unusual to having that experience with the president of the united states for me at least. stuart: well-said, sir, well-said indeed. thank you, general. >> take care, stu. stuart: does that satisfy you? >> yes. business as usual. stuart: business as usual. i'm sure some people said you can't shake hand these days. there are
doc siegel is waving at me. what have you got. >> i want to ask you if he did a fist bump with the president or shook his hand? stuart: is he still there? general? he just took his mic off. general, if you can hear me can you answer this question, did you do a fist pump with the president or shake his hands or one of these man hugs? >> the president and i shook hands multiple times, before the ceremony, privately, with my family and the first lady and then shook hands two more times...
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doc siegel might be joining us next hour to confirm. thank you, liz. >> thank you.ight. staying on retail, the clothing rental company, this is kind of new to me, rental company called rent the runway, adding new subscription options. retail watcher kristin benz is with us. can you explain this? i don't understand what's going on here. >> let me break it down for you, stuart. so millenials really like to recycle and up-cycle things, right? they want to be more environmentally conscious. so instead of going out and buying a lot of clothing in their closet, they have a subscription, just like it would be netflix or disney plus or anything else but it's for clothing. you get four items a month, you wear them and rotate them, you can switch them back to the company until you find ones you like, then you give them back and they dry clean them and pick them up and boom, next month, whole new set of clothes. stuart: by the way, mike bloomberg says companies like rent the runway are hurting retail. hold on a second. just listen to this. roll tape, please. >> what i think it
doc siegel might be joining us next hour to confirm. thank you, liz. >> thank you.ight. staying on retail, the clothing rental company, this is kind of new to me, rental company called rent the runway, adding new subscription options. retail watcher kristin benz is with us. can you explain this? i don't understand what's going on here. >> let me break it down for you, stuart. so millenials really like to recycle and up-cycle things, right? they want to be more environmentally...
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Mar 18, 2020
03/20
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stuart: doc siegel, you've been listening to this. let me turn this around a little bit. i think there are tens of millions of americans under great personal pressure right now. i would expect to see some psychological problems at the end of this, how about you? >> no question about that. i think natalie outlined that. i have seen some much her writings on this, she is absolutely a hero and she is a good role model for people handling this without the fear, without that hysteria, without that it is going to happen to me next. she is talking about how she is fighting cancer which puts her at big increased risk here but also not assuming it will happen to her. look at her smiling face. that is what people have to do. that is what health care workers do on the front lines. i'm not trying to compare them to natalie. she is in a whole another category of hero but health care workers on front line are not thinking we'll be getting this virus, they're thinking how will i help somebody. that is the es about of america. reach out to help those around us, those who are most indeed.
stuart: doc siegel, you've been listening to this. let me turn this around a little bit. i think there are tens of millions of americans under great personal pressure right now. i would expect to see some psychological problems at the end of this, how about you? >> no question about that. i think natalie outlined that. i have seen some much her writings on this, she is absolutely a hero and she is a good role model for people handling this without the fear, without that hysteria, without...
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stuart: doc siegel, you were listening to all of that. what did you pick up from the health and human services secretary? >> he is using a elbow bump. stuart: apart from that? >> one million tests shipped. 2.2 million tests produced. interesting clarification, those in my opinion are going to the state and local health labs. that is not the same, he differentiated just now with your interview between the what labcorp and quest are doing. initially a public, private partnership, sounds like labcorp and quest are doing their own tests. the government tests cdc tests are shipped around the country to the state and local health labs. tell you why that is important. if i send a sample to the new york city department of health, they will run it. now they don't have to send to it cdc for clarification. that is still big improvement. still a day or two i get results back from my local health lab. when quest and labcorp get it will be faster. over all we'll get millions of results we didn't have before or at least hundreds of thousands. as the sec
stuart: doc siegel, you were listening to all of that. what did you pick up from the health and human services secretary? >> he is using a elbow bump. stuart: apart from that? >> one million tests shipped. 2.2 million tests produced. interesting clarification, those in my opinion are going to the state and local health labs. that is not the same, he differentiated just now with your interview between the what labcorp and quest are doing. initially a public, private partnership,...
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Mar 13, 2020
03/20
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doc, brooklyn hospital. those false positives will translate into people showing up into emergency rooms. that will overload the system. david: dr. siegelt er's being overloaded. charlie: right. david: banks are far more liquefied if i can use that phrase -- >> charlie: let's be clear here. in 2008 the banks balance sheets, the banks held on balance sheets, mortgageback securities that would be zero to 30 cents of a dollar. we don't have that issue now. are banks going to take it on the chin on this? of course. lower interest rates banks can't sell products at a decent cost. on top of that you have bankruptcies, if you have oil, where is the trading right now, do we know? like $30 a share. david: above 32 earlier. charlie: some people are talking about print on oil will be in the 20's. if that happens you'll get oil patch, bankruptcies and impacts on the big bank. that is sort of stock market, you know, wall street overview that we got going. david: it's my producer. charley, thank you very much. coming up we will take a rook -- look how much money the nba plans to lose the longer it stays on the sideline, dominic simon. the man who did
doc, brooklyn hospital. those false positives will translate into people showing up into emergency rooms. that will overload the system. david: dr. siegelt er's being overloaded. charlie: right. david: banks are far more liquefied if i can use that phrase -- >> charlie: let's be clear here. in 2008 the banks balance sheets, the banks held on balance sheets, mortgageback securities that would be zero to 30 cents of a dollar. we don't have that issue now. are banks going to take it on the...
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Mar 4, 2020
03/20
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marc siegel joins us now with the latest. hi, doc. >> hi breath and martha, how are you?eaths are pretty much in washington state but for people tuning in, what do they need to oknow? >> they need to know that, first of all, we are finally stuarting to get the test kits we need to see how many patients actually have it here in the united states. that's a key factor. in south korea, bret, when they went over 100,000 test kids kits they found 5,000 cases. public health officials in the u.s. think there are hundreds of cases here that are undiagnosed. and when we start to see isolated cases that we can't exactly track, we think there are more. in washington state, where you see 27 cases, the nine deaths just to reassure people are from people that are in a life facility where there is either chronic illness or early. it looks like this virus is deadly when you have an underlying health condition or very aged like around 80 years old. the young children have not been getting severely ill from this so far. we think there are more cases than we are finding. >> martha: but, dr.
marc siegel joins us now with the latest. hi, doc. >> hi breath and martha, how are you?eaths are pretty much in washington state but for people tuning in, what do they need to oknow? >> they need to know that, first of all, we are finally stuarting to get the test kits we need to see how many patients actually have it here in the united states. that's a key factor. in south korea, bret, when they went over 100,000 test kids kits they found 5,000 cases. public health officials in...