we are going to be speaking to the ceo of generali and just moments. come out with full-year earnings and a dividend of $.96 a share. operating profit is rising 6.9% to 5.1 9 billion, almost in line with estimates. they say they cannot reasonably estimate the midterm impact. ceoll nonetheless ask the what he expects from these developments and how he sees the situation as it is now. don't miss that interview. this is bloomberg. ♪ >> i think given the violence and dislocation in the market, i would think that in the s&p 500 easily have another 10% down. >> you can make an argument there will be a decent floor. across asset investing is back in a state where there are opportunities. >> what is rational for every fund manager becomes irrational for the market as a whole. it is going to get worse before it gets better. some of our top guests reacting to the market turmoil. fellrday, the dow jones the most since 1987 on black monday. the stoxx 600 index here fell the most ever. as italy moves into total lockdown mode, generali reports full-year earnings, sa

people are going into this after experiencing the 2016 primary was like, and the generaly, election,sia hoax and kavanaugh and impeachment situation. every single thing that the president does is wrong, they hear that from the media. it is extreme hard to take them seriously. >> laura: i think to the extent that they have any credibility, which has diminished clearly, but think that they have any credibility doesn't add to anything except more panic. and more concern. and more upset, and people are already losing a lot of money, and some people losing their lives and their jobs. >> it seems like they are encouraging that panic, you want people to be over prepared. you want them to be cautious. but you don't want to actually destroy the entire economy of the united states. i think a lot of these people who are protected, they think it would be fun to have this happen. >> laura: nothing is better than to keep a bunch of people in their houses and not allowed to go to work or sports event or what have you. tom bevan, there was another disturbing moment. this is from msnbc today, "the wa