we have manufacturing data out now and in addition to china we actually have japan germany france italy and south korea all of them reported a contraction in output so the i.m.f. and the world bank are now ready to extend emergency financing in order to blunt the impact so well if something like that looks like. this kind of stuff is actually very concerning for me what i kind of look at this i just say that they're they're just having steroids to the situation or any time that there's a little bump in the road they're going to be throwing money at it as. i said earlier it's like well this doesn't necessarily affect the little guy on the streets or the manufacturing like we need to be better prepared for individuals for individual companies to to handle and weather situations like this they need to have their own plans in place for disruptions in product supply and there are downed lines and all that but when it comes to just throwing money at the economy and just putting money in the market i think it really misses the point and isn't going to really help us bring back any kind of stru

as these concerns spread outside of china, u.s., u.k., germany, japan, france, italy, these countries account for a majority of revenues for these companies and is that is why we feel a pullback coming from key verticals and also key countries can lead to the u.s. companies seeing what the chinese companies saw in 1q. the u.s. impact would be in 2q. emily: let's talk about amazon, an interesting case. on the one hand people are flocking to amazon to get hand sanitizer and bleach wipes. and you can imagine that is driving a lot of business. on the other hand, amazon is the epicenter of the u.s. coronavirus outbreak. they just closed seattle area public schools. they are fighting counterfeits, they are fighting price gouging. i've heard people are worrying about getting the virus from their amazon prime packages. what does this mean for amazon? jitendra: a lot of uncertainty on that front. if you actually look at the distribution centers in the u.s., there is a high concentration in california, the tri-state area, and obviously seattle. but we have not yet seen the impact coming through

australia, hong kong, china, south korea, the u.k., germany, france, italy, japan and canada all announcedimf, 50 billion. world bank, 20 billion how can it not v >> wow when you put it that way, that's a lot of stimulus. we'll leave the conversation there. thank you. herb, stephanie. good to see you both >> coming up next here on closing bell, the president of --'s vaccine sissbune will talk b about the treatment using antibodies of people who have recovered from the virus closing bell back in 90 seconds. especially by something like your cloud. it's a problem. but the ibm cloud is different. it's the most open and secure public cloud for business. it can manage all your apps and data from anywhere. so it can help take on anything, from rebooking flights, on the fly to restocking shelves on demand. without getting in your way. ♪ ♪ but inside every etf... there are untold hours of careful construction... infinite "what ifs?" and contingency plans. creating funds that help target gaps in client portfolios. tap untapped potential. and strengthen confidence in you. flexshares. powered by over

of china, president macron of france, and chancellor merkel of germany, prime minister modi of india, president of indonesia. prime ministecante of italy, ant abe of japanandres obrador of mexico, i want to thank president of mexico have done such a great job with the military. with the soldiers on our southern border, very few people are get through. and we have a great relationship with mexico. president putin of russia, king solomon of saudi arabia. president ramposi of south africa, president moon of as you know, country we spend a lot of time in, south korea. we're working hard on that. prime minister sanchez of spain. president erdogan of turkey, prime minister boris johnson ofs united kingdom. and president of european commission vander land. president of european council charles raquel. united nations secretary-general gutierrez. and world health organization director. world bank president david mel pass and international monetary fund director crystalina, a great group, they were all there. every one of them, we talked about the problem. and hopefully it will not be a problem for too much longer, united states is working with our friends and pa

emmanuel macron of france, chancellor angela merkel of germany, prime minister modi of india, president of indonesi indonesia, the prime minister of italy, prime minister shinzo abe of japan. congratulations on japan t unmaking of great decision on olympics. going to make it next year, 2021. president manuel lÓpez obrador of mexico. of what youre thank the presidet of mexico are having done such a great job with respect to the middle jigger with 27,000 27,000 exiting soldiers on our southern border, andnd very few people ae getting through, i can tell you that. we've got to keep it that way. we have a great relationship with mexico no. president putin of russia. king solomon of saudi arabia. president of south africa. president moon of, as you know, a country that we spent a lot of time in, south korea. we are working very hard on that. prime minister sanchez of spain, president erdogan of turkey, prime minister boris johnson of united kingdom, president of the european commission, president of the european council, united nations secretary-general gutierrez, world health organization director, dr. tedros. world bank president david malpass, , the international monetary f

japan fractiofractionally higher, chia third of 1% lower. cheryl: the president of france closing the borders there, italy is in the grips of the crisis but right now the dax in germanys slightly lower, cac 40 as you can see is down about a quarter percent. we've watching the ftse as well. now to our top story. many americans are waking up this morning to a much different reality. usually bust linusually butsline quiet. lauren: governors in new york, new jersey and connecticut ordered the closure of all gyms, movie theaters, as well as casinos. in san francisco, the bay area, ordering people to shelter in place until april 7th. cheryl: president trump is using some strong words to describe the impact on america from the coronavirus. the president speaking at the white house, calling it the pandemic an invisible enemy and that he admitted for the first time this could push the u.s. economy into recession. >> i'm gla it may be. we're not thinking in terms of recession, we're thinking in terms of the virus. there's a pent-up demand in terms of the stock market and the economy. once this goes away, once it goes through and we're done with it i think you're going to see a

france, chancellor angela merkel of germany. prime minister modi of india, the president of indonesia, prime minister guiseppe conte of italy. prime minister shinzo abe of japantulations to japan on making a great decision on the olympics. we're going to make it next year, 2021. president an dreus manual lopez of mexico, i want to thank the president of mexico for having done such a great job with respect to the military. we have 27,000 mexican soldiers on our southern border and very few people are getting through, i can tell you that. we will keep it that way. and we have a great relationship with mexico now. president putin of russia, king solomon of saudi arabia, president amposa of south africa. president moon of as you know a country that we spend a lot of time in, south korea. we are working very hard on that. prime minister sanchez of spain, president erdogan of turk yip, prime minister perceboris johns the united kingdom. president of the european commission vanderlin. president of the european council charles mchale. united nations secretary general antonio gutierrez. world health organization director. world bank president david malpas and the inte

france. angela merkel from germany. and the prime minister from india. and the president from indonesia. and the prime minister conte, of italy. and the prime time from japancongratulations to japan. they are making a great decision on the olympics. we will make it in 2021. president lopez of mexico. i want to thank the president of mexico for having done such a great job with respect to the military. we have 27,000 mexican soldiers on our southern border. very few people are getting through. i can tell you that. we have to keep it that way. we have a great relationship with mexico now. president putin of russia. solomon of saudi arabia. president of south africa. president moon of the country we spend a lot of time in, south korea. we are working hard on that. prime minister sanchez of spain. president erdogan of turkey. prime time johnson of the united kingdom. president of the european commission. president of the european council. united nation secretary general. world health organization director. world bank president. and the international monettary fund director. that's a big group. but it's a great group. they were all there. every one of them. we

france. chancellor angela merkel of germany. prime minister mody of india. the president of indonesia. prime minister of italy. prime minister shinzo abe of japan.ions on japan for making a good decision on the olympics, make it next year, 2021. president andreas manuel lopez obrador of mexico. i want to thank the president of mexico for having done such a great job with respect to the military. we have 27,000 mexican soldiers on our southern border. very few people are getting through, i can tell you that. we got to keep it that way. we have a great relationship with mexico now. president putin of russia. king solomon of saudi arabia. president ram pose a of south africa. president moon of, as you know, a country that we spend a lot of time in. south korea. we're working very hard on that. prime minister sanchez of spain. president erdogan of turkey. prime minister boris johnson of the united kingdom. president of the european commission, ursula vander lan. president of the european council -- united nations secretary antonio gutierrez. worl health organization director. world bank president david malpez and the international managing fund moni

france chancellor merkel of germany. prime minister modi of india president would dawdle of indonesia prime minister giuseppe conti of italy prime minister shinzo abi of japan congratulations to japan are making a great decision when the olympics make it next year 2021. president address manual lopez obrador of mexico i want to thank the president of mexico for having done such a great job with respect to the military we have 27000 mexican soldiers on our southern border and. very few people are getting through i can tell you that we are going to keep it that way and. we have a great relationship with mexico now president putin of russia. king solomon of saudi arabia. president reposts of south africa president moon of as you know a country that we spend a lot of time in south korea we're working very hard and then prime minister sanchez of spain president are to go out of turkey prime minister boris johnson of the united kingdom the president of the european commission vender lay and. president of the european council charles recal united nations secretary general antonio the terrorists world health organization director ted rose and hundreds song world ba

france, chancellor angela merkel of germany, prime minister mudey of india. the president of indonesia. the prime minister of italy. prime minister abe of japan. congratulations to japan on making a great decision on the olympics. going to make it next year. 021. the president of mexico. i want to thank the president of mexico for having done such a great job with respect to the military. we have 27,000 mexican soldiers on our southern border and very few people are getting through. i can tell you that. we're going to keep it that way. we have a great relationship with mexico now. president putin of russia. he king of saudi arabia. the president of south africa. he president of a country that we spend a lot of time in, south korea. we're working very hard on that. prime minister sanchez of spain. president erdogan of turkey. prime minister boris johnson of the united kingdom. the president of the yureb mmission -- european commission. the president of the european council. united nations secretary general gutierrez. world health organization irector. world bank president. and the international monetary fund managing director. so that's a big g

south korea, spain, germany, italy are at the top of testing rates per million. japan, the united states, france bottom. again, expect those numbers to change in the coming weeks. dave, those are the tests that show who has the virus. you're talking about, and i hear many people talking about the importance of the antibody tests. if you can have the antibody tests administered to the population, and you find out who developed the immunity, well, that person can go on, start living their lives. they can go back to work. they can start going to restaur. they can go out. their body has developed the immunity. how long do you think it'll be before we can deliver those tests to see who have the antibodies and who can get back into the economy, start living again outside of their ho restaurants? >> joe, the tests can be scaled up as rapidly as it. they're available in china. they're available in south korea. there's a company on long island that said they can scale up to a million tests. it's just a matter of getting a couple weeks ahead, forward thinking, and realizing that we can either open up the