christine brennan, thank you very much. >> thank you, jim. >> back here in the u.s., pressure is intensifying on capitol hill to pass a stimulus bill. senators and the trump administration back at the negotiating table for the fifth straight day, hoping to reach a deal on a $2 trillion bill, that's 2,000 billion bills, those talks resume in just minutes. manu raju is on capitol hill. the key issue here, right, has been where is this money focused? corporations, individuals, unemployment insurance, paid sick leave, whole host of other issues, but accusations flying in both directs. where do the negotiations stand on those issues and based on what you're hearing today, do you expect a deal today. >> well, that's been what the -- what the administration and the centers have been saying for days, they keep saying they are close, they're getting closer. last night, outside of chuck schumer's office, i talked to senator mnuchin and eric uihlein, both indicate they believe a deal could be reached this morning. they say a couple of issues still outstanding, went through bill text, drafting through th

seen since jim back in the east bank will be radically recalled because there was no knowledge you know my kid. in 2017 china announced that it no longer wanted to be the world's largest rubbish bin and that they would stop in porting used plastic from january 28th. this decision to the collapse of the recycled plastic market are precarious business and an economy that rests entirely on the backs of the most vulnerable. back at the coca-cola headquarters we speak to michael goldsman the vice president of the company again. travel will take it because i'd like to show you a few clips from the last country we filmed and take a look. this is tons of have you ever been there we yes coca-cola 6 years ago coca-cola didn't sell a single plastic bottle in tanzania and only saw glass bottles they were on a deposit scheme and now the coca-cola factories in tanzania mainly making caustic bottles list why was that decision right. matter because of the consumer count as i explained to you there are advantages and disadvantages to all types of packaging the consumer is also interested in the portabil

back, please. thanks for your time. jim? >>> north america's largest convention center is about to be used to fight coronavirus. we'll be there live and we're just moments away from the opening bell on wall street. the dow looks set to slide at the start as the bleak economic news just continues. goldman sachs has significantly downgraded its outlook for the u.s. economy. talking about a major contraction here and it seems the collapse of the labor market will be even worse than feared. ♪ you should be mad they gave this guy a promotion. you should be mad at forced camaraderie. and you should be mad at tech that makes things worse. but you're not mad, because you have e*trade, who's tech makes life easier by automatically adding technical patterns on charts and helping you understand what they mean. don't get mad. get e*trade's simplified technical analysis. from anyone else. so why accept it from your allergy pills? flonase relieves your worst symptoms which most pills don't. get all-in-one allergy relief for 24 hours, with

please don't leave because i'm going to stay here, and you'll be right back with more jim carrey. >> onald's) half stack. taco pack. lobster mac. and them baby back baby backs. we are america's kitchen. doordash. every flavor welcome. oh, it's beautiful. so you guys are welcome to use the car while i'm at work. i'll text you a key. how do you text a key? it's technology, dear. i got this. better text it to me. it has to be a smart phone, dad. are you saying i gotta dumb phone? no. it's cool. we'll just do it old school. hyundai digital key; now there's a better way to share. hey, press that button there. only on the all-new sonata. where's the car going? technology, dear. that's technology. i'm part of a community of problem solvers. we make ideas grow. from an everyday solution... to one that can take on a bigger challenge. we are solving problems that improve lives. can match the power of energizer. because energizer ultimate lithium is the longest lasting aa battery in the world. [confetti cannon popping] energizer. backed by science. matched by no one. shouldn't you pay less when

poppy, jim, back to you. >> just devastating. thank you. >> yeah. that could go up.t's a concern. thank you very much. coming up at the top of the hour, there will be a press conference from local officials in putnam county there, where 14 people were killed by that storm. we'll be right back. tremfya® helps adults with moderate to severe plaque psoriasis uncover clearer skin that can last. in fact, tremfya® was proven superior to humira® in providing significantly clearer skin. tremfya® may increase your risk of infections and lower your ability to fight them. tell your doctor if you have an infection or symptoms or if you had a vaccine or plan to. serious allergic reactions may occur. tremfya®. uncover clearer skin that can last. janssen can help you explore cost support options. >> tech: don't wait for a chip like this to crack your whole windshield. with safelite's exclusive resin, you get a strong repair that you can trust. plus, with most insurance a safelite repair is no cost to you. >> customer: really?! >> singers: safelite repair, safelite replace. official

poppy and jim, back to you. >> they're going to face a lot. their families will face a lot from this, dan simon thanks. >>> let's get the latest from the nursing home where 16 people have now died from coronavirus. cnn's sara sidner in kirkland, washington. this is something of a test case but particular circumstances of course, because the age and the health conditions of those people involved. >> reporter: they are exactly in that bracket of people who are the most vulnerable. they are ill, they are elderly and have underlying conditions and that created really a firestorm here. we're talking about now we're hearing of another death in this state, not at this facility, which brings a number of deaths in washington state to 19. overall in the united states so far, there are 22 deaths so you can see the huge numbers are here in this state and that has a lot to do with this facility here, where 16 people connected to this facility have died due to the novel coronavirus. we can also tell you a little bit about what we're hearing from a first res

poppy and jim, back to you. >> wow, dan, thank you for that reporting. for the latest on this situation here in new york, let's go to our national correspondent brynn gingras. good morning. >> good morning, poppy. the numbers keep going up here in new york city. we learned about two new cases by the mayor, mayor bill de blasio. a man in his 40s, a woman in her 80s, both in the intensive care units at hospitals here in new york city. and now health officials are trying to track down, test and isolate anyone who had a connection with both those individuals. these two new cases brings a total of cases in the state of new york to 13. now, a majority of those cases are all connected back to a man who tested positive earlier this week, a 50-year-old lawyer, who was also in the hospital. his family tested positive, his -- some of his neighbors and they're all being isolated as well. we're seeing the trickle down effect of that. state and city health officials have closed down some schools, that kids have gone to, university campus, temple, where they will be te

but the bottom line, we'll get more clarity once we get these test results today, jim. back to you. >> it's tough. we were showing pictures of when they had to chopper in those test kits showing some of the steps they need to take to keep the spread. stephanie elam joins us from kirkland, washington. the families of patients at this nursing home that's been a cluster really of the spread of this disease, they've been left in the dark. they are waiting for answers. what are they waiting for answers for? and what haven't the authorities been clear about? >> the very first thing that's on that list, jim, is wanting to know whether or not their loved ones inside this facility have been tested or not. we know 13 deaths have been related to coronavirus. 11 at a nearby hospital evergreen health which has seen a lot of the patient comes from this one facility here, life care center of kirkland. seven deaths of those were related to the facility, but that number may be going up because it's just not enough communication between the state and the local officials quickly enough to get

let's take a closer look with jim see from hormel which does such a great job the companies faring in the stay at home world. mr. steed, welcome back to "mad money." >> jim, thank you for having us. it is a pleasure to be back with you. >> my wife lisa was at the store on saturday like everybody else and i come back and there is literally a mountain of skippy and i said why did you do that and i said because that is what you do and i try to get a sense and but why. because we all know. why do we all know this is what you buy in a quarantine. we've never been quarantined. >> well we do know in the current situation, so many consumers are looking for good high-quality shelf stable products in the case -- just in case their quarantined, they want to make sure they have good high quality products that will last and we're seeing that across the country. we're seeing that in all of our retailers and it is across all of our brands, all of our business it is spam, it is skippy, it is apple get and jenny-o and center of the store or refrigerated, we're seeing a significant up tick across so many of the businesses. >> so many things are fall

jim. take care. >> "mad money" is back after the break. and the struggle is real. mom! look! take something that can wipe you out? or don't, and fight through every second. new quick-dissolve nurtec™ can bring you back when migraines attack. just one dose can work fast and last so you can keep going. don't take if allergic to nurtec. the most common side effect was nausea. nurtec one migraine. one dose. onederful™ >>> we knew this pandemic has been devastating it's a devastating -- to the economy. what about businessnesses that are truly essential? like the food chain, maker of farm equipment, here's a company having a tough time before covid-19 took the world by storm. they weren't alone, impossible to forecast when you don't know how long this outbreak will be with us. nevertheless, ag co is bending over backwards to get farmers the machinery they need without putting their work force in danger this is an essential business. let's check in with the chairman, president and c.e.o. of ag co to get a better sense of how they're handling the disruption. welcome back to "mad mone

work and/or at least give them the sustenance they need during the interregnum once they do get back to work jim, you may have gotten more information from us. i know it's fluid. i love to bring the secretary back, because we had so many other questions for him. >> i know. he just called me to say it's not a government bailout of the airline industry i apologize to the people who watch. i mean, the situation is so fluid, and the health care plus the economy, but the secretary, when he corrects me, i have to come right back. i want to make sure that everybody knows this is not a bailout for them and i thank the secretary for making it clearer than i certainly made it >> well, listen, there's so many different components here of these things again, well, as you said, about a 1,000-page bill in terms of going through it let's talk a bit about the markets, given we're open now. the s&p does look to be advancing up as much as 1.8, almost 2% right now. what's your feel on the market what do you see as sort of some of the keys you're watching here as we try to sustain what's been a recent rally >> i do

back in '08. nobody thought we would be in that position, it's getting maybe not as bad, but it's a big drop going on right now. >> phil, thank you >> jim, in the name of normalcy, i'll come back to you with something we would typically do when we're at the new york stock exchange when carl was off, ask you what you think the key to the market is. >> how about a return to the old days there's a deutsche bank piece, reducing our price target to 270 but tilting bullish from here, yes, apple harking back to when we used to talk about a stock that went over a trillion dollars, it's back over a trillion you start talking about maybe they'll be opening stores around the world. the service revenue stream is good i paid my bill last night automatically. you know what? let's watch apple. if apple can stay the course, we might have something >> yeah. of course apple is only down about 16% for the year versus the decline in the s&p that's roughly 24% as we get an opening here, sort of a mixed picture as you might expecks. expect. you were talking before we went to phil about the shopping center mall operators. obviously the reit sector has been un

jim is back at headquarters.'m keeping with our social distancing policy at a different location carl has a well deserved day off. let's get to the story this morning. the story is -- everything is going on in terms of the fed, treasury, the efforts to stimulate an economy in free fall jim, you got off a call or an interview -- it was a call as well -- with secretary mnuchin what stood out to you? >> that you shouldn't lay people off. i want to point out i got a correction, he said on small business payroll, two weeks, he meant two months two months means you do not lay people off without, i think -- i'm not saying it's irresponsible but everything is being done to keep businesses open small businesses open. david, with the fed, i think they've taken off to me anything involving credit the secretary talked about anything involving liquidity we can't produce demand. you keep people around for two months, but they won't be able to produce demand. there will still be a burden on small business not sure how that will

please welcome back to "the late show," our friend jim gaffigan! e ) ( band playing ) >> thank you! thank you. >> stephen: welcome back. >> thank you. >> stephen: professor gaffigan. >> i am a very artistic person. >> stephen: very-- ( speaking foreign language ) >> but i don't know what that means. >> stephen: very distinguished. i had an interview recently, a reporter asked me in a sincere tone, rall standup comedians slobs?" i was, like, "i think that's an insult, but now i'm dressed up for your show. thank you for having me. >> stephen: we're glad we could get you. we're always glad to snag a few minutes with mr. gaffigan because you're a busy man, always on tour. any unusual venues? >> i pretty much perform everywhere and anywhere. i'm going international. but last year, i performed at a rodeo. >> stephen: wow! >> which was-- because i have a good agent. ( laughter ) >> stephen: obviously, i have to ask the question-- >> it was my first rodeo. it was. ( laughter ) ( applause ) it was. and i love-- i love that saying, you know, "not my first rod

jim fitterley is the ceo of dow inc. to get a better read on how his company is weathering a tough environment. welcome back to "mad money." >> thanks for having me, jim, nice to talk to you. >> always good to talk to you, jim. the market is saying that your dividend is not sustainable because dow is related to the price of oil because dow is related to giant cyclical portions of the economy and because the coronavirus is going to make it so you will have much less business. you're a worldwide company, already seen what happens in china, familiar with what's going on in europe why is the market perhaps wrong about that judgment? >> well, our demand is good right now, jim, and in fact the last two weeks we've seen our demand in china bounce back and so i think when you consider that that coronavirus incident started in really february for them and we've already started to see a recovery from that, i think that tells us that we can see the same thing wash through the economy here when it gets to the dividend, i think people need to remember that we took a lot of actions in 2019 as we came out as the new dow,

my buddy, jim clyburn, brought me back. [cheers] mr. biden: he's a man of enormous integrity.ou who have been knocked down, counted out, left behind, this is your campaign. days ago, the press and the pundits declared this candidacy dead. now, thanks to all of you, the heart of the democratic party, we just reporter: -- we've just won and we won big because of you. and we are very much alive. "let's go, joe"] i told you all that you could launch a candidacy cue launched bill clinton, barack obama, and now you've launched our campaign on the path of defeating donald trump. this campaign has taken off, so join us. , sign up,iden.com contribute. we need you, we want you, and there is a place for you in this campaign. [applause] folks, as we celebrate tonight in columbia, let me talk directly to democrats across america, especially those who will be voting on super tuesday. this is the moment to choose the path forward for our party. this is the moment and it has arrived. maybe sooner than anyone guessed andould, but it is here, the decisions democrats make all across america the

. >> star properties announced a 4$400 million stock buyback for jim cramer we are buying our stock back >> thank you thank you for everything you just did we made it to friday "squawk on the street" is next join us next week. be safe. >>> good friday morning. welcome to "squawk on the street," i'm carl quintanilla, cramer and faber are at cnbc global headquarters. the treasury secretary moments away as central banks, businesses and governments respond to the covid-19. futures are limit up after the worst day for the dow in '87 ten-year about 92 basis points s&p down 27% from the record close on february 19th since then, $9 trillion in wealth has been wiped out. guys, that interview with barry right now makes you feel better. gives you hope >> i think it's important to he hear, are stocks cheap yes. is the system working? yes. is the opportunity going to be great if the country's locked down no so what's important is to find out where the country is fiscally that's why it's important to speak to the treasury secretary. >> yeah. the concerns that we had yesterday continue to be the concer

my favorites because i think sometimes thurgood marshall's conservation to really breaking the back of jim crow through the legal system and traveling dark roads and really going into all-white courtrooms and really doing it under death threats, it was really important to have the legal dimensions while everyone else was out in the streets and protesting. he was one of my favorites to be on that list. i argued for jesse jackson as a forerunner to barack obama. he first set the idea that that was possible. a lot of people wanted to run for president also a great origin are in somebody who inspired many generations to have hope and faith. there was a lot of debate. people were getting knocked down and it was very spirited. >> you are the co-author of the book on justice clarence thomas, was he considered for this "the fierce 44"? >> yes, he was raised too, as supreme court justice he was someone who was raised. there were a lot of people who were raised that i think we were mindful also of not trying to make these choices based on ideology were based on factors that cover this person was iso

back over to you >> thank you >>> jim, i want to turn to you on some regeneron headlines. working with sanofi on a trial trial for severe covie-19. they will begin enrolling patients immediately >> i'll have regeneron on this evening. i spoke with him this weekend. i have to tell you, of the companies that are ahead, i think regeneron is well ahead. that's also because they had the first one for ebola. they have a very seasoned team by no means -- by no means schlr me he said we're working hard on this this is a company that works on these. i think that's very early that they're doing that that's really ahead of the game. i can't wait to speak to them tonight. the biggest problem is when you do a vaccine, you have to titrate. you can't load people up with something that kills them. so even if they're doing that, that's in record time, but we always have to be sensitive to the idea that in our country we do not put something that can kill you into your body, we have to make sure they're not killing you unnecessarily >> i don't mean to harbor ill lugs abo illusions about the

stress they're think being cash flow, inventories, working capital, do buy-backs take a hit >> yes, i think they do, but chevron said jim wrong, when you have the cash flow, you do them. i think at&t was a statement buy-back there's the tug-of-war between the good people at elliott and good people at moffit nathanson. moffitt in a thanathanson is th sanders of at&t >> they're not positive on the future of the company. there's a great debate out there in terms of the success. >> do you think they can c conserve it? >> they generate free cash flow. they target a certain amount return to shareholders there is still a belief out there i think and part from the likes of moffitt nathanson and other investors that at&t will come under some pressure >> it has a great yield. >> what it's going to see there in terms of the lack of success, directv the continued subscription defections. they launched their at&t now product, remember replacing the directv product. >> yes >> very recently >> david, when you mentioned at&t is something people to buy and i've been recommending it to people, the first thing they say is come on, that yi

welcome back to "mad money." >> hi, jim we have to do a fist bump since we must do this remotely. >>ke it. good to see a smiling face and good to see numbers that were up 99%! your surskripgs revenue. i'm so sick of short falls how did you blow it away like this >> jim, i think it goes back to security is a basic need in the hierarchy of what corporations need, it's like shelter. when you have a cloud-based platform like we built, we're solving big problems, stopping breaches and helping consolidate spend and cost we have a great team we had perfect execution and we're delighted with the results. >> it seems also you had the good fortune of being up against semantic, which kind of rolled over and gave you the field. >> well, as i said in my remarks on the earnings call, i think it's the best competitive environment i have ever seen obviously with the acquisition, it's been a great opportunity for us it continued to take share we see a lot of their install base coming to us looking for a cloud-base platform, next gen powered by ai and ability to stop breaches without ever seeing those

and perhaps also allow things to start to move towards, back towards some sort of normalcy. you know, jim, what i continue to hear, you hear so many things obviously, and it's throughout the day. i can only imagine what it's like for the two of you as well. so many people want some sign that would give them confidence, though now, in the financial markets, i mean, my sense over the last 24 to 48 hours, guys, the people i speak to certainly are a lot more fearful about the economy than they really are about the virus. and i don't mean to in any way imply the virus is not serious and we don't want to continue fighting it as best we can and stopping its spread, but i would say the concern for the economy eclipses that for the virus, and they're looking for some signs of confidence from our government, from within the financial markets itself, so many different moving parts, jim, at this point hard to know exactly even where to look or where to begin. >> geez, david, i think that's a spot-on view of the conversation that i get is okay, what happens if boeing goes bankrupt? what happens if the

of lowe's >> thank you, jim. >> "mad money" is back after the break. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. but when allergies and congestion strike, take allegra-d... a non-drowsy antihistamine plus a powerful decongestant. so you can always say "yes" to putting your true colors on display. say "yes" to allegra-d. - (phone ringing)a phones offers - big button,ecialized phones... and volume-enhanced phones., get details on this state program. call or visit and accessoriesphones for your mobile phone. like this device to increase volume on your cell phone. - ( phone ringing ) - get details on this state program call or visit >>> you know i've been saying you have to be pretty careful with this rally because we still have a lot of bad news to process. look at the way the market went down the second half of the day. that could starts, let's say -- let's get some re

thank you for being on the show. >> thank you, jim. >> "mad money" back after the break.very single time that i suit up, there is a chance that that's the last time. 300 miles an hour, thats where i feel normal. i might be crazy but i'm not stupid. having an annuity tells me that i'm protected. during turbulent times, consider protected lifetime income from an annuity as part of your retirement plan. this can help you cover your essential monthly expenses. learn more at protectedincome.org . mom! look! take something that can wipe you out? or don't, and fight through every second. new quick-dissolve nurtec™ can bring you back when migraines attack. just one dose can work fast and last so you can keep going. don't take if allergic to nurtec. the most common side effect was nausea. nurtec one migraine. one dose. onederful™ one migraine. one dose. i appreciate what makes each person unique. that's why i like liberty mutual. they get that no two people are alike and customize your car insurance so you only pay for what you need. almost done. what do you think? i don't see it.

i'm carl quintanilla with jim cramer and david faber coming off wednesday, they are giving about half back state of emergency in california, cancellations from google, apple, netflix and more. 10-year down 95 basis points uncertainty beginning to weigh on the street. stocks going to open lower. >> plus hp rejects the hostile takeover bid by xerox saying it meaningfully undervalues hp. the ceo of hp will join me later this morning. >>> coronavirus fears hitting the corporate outlook and strategy southwest, apple, kroger, campbell's among the many companies that are weighing in today. we'll start with the futures, though, sharply lower amid this roller coaster week for stocks and wall street which saw the dow swing a thousand points or higher two times in the last three days, jim. maybe we're in for a couple of months of chop here? >> i think that's exactly right, carl yesterday was a very solid based on oversold relief rally the existential issue of whether a socialist would head the ticket a lot of people feel was finished because of the victory, multiple victories in states obviously by v

we have doctor sanjay gupta along with david gregory and jim acosta also back with us. first, jim, is that the speech that was expected? >> reporter: i think that is the speech that was expected, i think it went well beyond what any of us really thought. i don't think many of us were expecting the president to auns to a travel ban from europe for 30 days starting at friday at midnight. that is stunning. that is going to cause major disare -- disruptions to the travel industry and cause all kinds of problems that we haven't seen since the trump administration tried the travel ban very early on in the administration. we saw people waiting at the airport and so on wondering if loved ones will get back from europe. so it is interesting too find out what the details are from the administration officials in terms of how they're going to implement that. the other thing, chris, that we should point out, at one point during the address the president referred to the coronavirus as a quote, foreign virus. that is interesting because i was talking to sources this evening, one of the

but i'm going to bring jim henson back in. momentum is a funny thing. right? and it's impossible to know exactly what that does. it's impossible to know even more what it does over the course of 14 different states. but when it piles on essentially in this way, bigger than expected win after people had essentially given joe biden up for dead. then pete buttigieg last night. now amy klobuchar not just dropping out but coming here to say i support joe biden. how do you read that in terms of impact? >> well, momentum on one sense is abstract. on the other hand, we're experiencing it right now. we're here talking about it. that's what it gives joe biden right now. it shoots him back to the limelight in a positive way. he's had a lot of negative way. he's had a lot of negative media coverage about disappointment. now it's about building momentum, and this has real concrete benefits for him in amy klobuchar already has minnesota locked up, that gets transferred over to biden effectively. they have early voting in minnesota since january. she's already banked a lot o

of jim clyburn seems to of been the endorsement that brought biden's candidacy back from the brink following lackluster .erformances in a early states it was a way to signal for black voters in south carolina that biden would be the candidate to stand up to those interests. he scored a blowout margin of victory of nearly 30 points. guest: i have been around politics a long time. been a candidate, state chair, run campaigns. i have always had a jaundiced view about endorsements. yeah, you try to get as many as you can, but in the end they do not amount to a hill of beans. what, a big, huge exception is the endorsement of jim clyburn for joe biden for the south american primary. 50% of african-american voters said that endorsement was why they voted for joe biden exit polls. guest: incredible. history books will be written. not just in south carolina. you watch. in michigan and other southern states -- mississippi, alabama, the southern states to come -- and i have to say, jim clyburn is -- the reason it had such an impact is he is such a good, decent man and has serve

back, which is why it's a parabolic move in the stock. you guys are here to stay. that's jason gorvic, the c.e.o. of teledoc thank you for being there, sir >> thanks, jim >> this and zoo, they have redefined this year. "mad money" is back. awesome internet. it's more than just fast. it keeps all your devices running smoothly. with built-in security that protects your kids... ...no matter what they're up to. it protects your info... ...and gives you 24/7 peace of mind... ...that if it's connected, it's protected. even that that pet-camera thingy. [ whines ] can your internet do that? xfinity xfi can because it's... ...simple, easy, awesome. [ barking ] >>> not long ago america's aging population was a great secular growth story baby boomers, big cohort, you get it that's why i spent years recommending ventas, a real estate investment trust that has senior facilities, and r&d centers. the virus takes a terrible toll on the elderly and a lot of people worry nursing homes, which by the way, might not be the safest place during this pandemic ventas stock got obliterated plunging $50 in mid january. the market was clearly overreacting and ventas has now boun

will get jim reid, we back to you maybe next week and talk about the possibility of a mentee.rt conversations on central banks. this is bloomberg. ♪ ♪ no limit, the ecb unveils a 700 for a billion euro bond buying plan -- 750 billion euro bond buying plan. -- tops china in the number of coronavirus infections. australia bans nonresident entry and 40 schools in underground nations will close. a lot going on in the markets. d.c. taking action, the senate passes an action. the fed stepped in to money market mutual funds. good morning, good afternoon, good evening. i am francine lacqua at home in london, taylor riggs in the studio in new york. on, one afteroing the other central banks looking at their currency and tro

today who have said it will be well into april before production restarts scott, back to you >> and back to jimil, because you own gm tell us what you're thinking about auto stocks, because we have a question from dan in erie, pennsylvania, about those stocks >> yeah, okay, so -- and look, maybe we can bring phil back in on this. but sar for north american sales is tracking somewhere around $10 million for march. that's way down from the $17 million that we were tracking at and there's no reason to expect that that's going to pop up through the month of april maybe in may, maybe in june, we'll see. but, you know, if you're seeing a 35ish percent decline in auto sales in north america, that means that the inventory that's on dealer lots right now is plenty sufficient. so i'm not surprised to see the company say, look, we don't need to take the coronavirus risk with our workers, we don't need to produce right now let's sit back look, as far as the stocks go, i've been saying for quite some time that these stocks are priced for a recession well, you know what, unfortunately, we're in a recession.

jim? >> boo-yah right back at you >> caller: you told me before after earnings about docusign. >> i was usingtoday. i think it's a fantastic product. will the company continue to do great? there is a good example of something that is a stay at home stock. that's good. yeah billy in new jersey. billy? >> caller: boo-yah what's going on, jim >> you tell me >> caller: all right so me and my buddies want to know if it's a good time to invest in penn national gaming >> anyplace that is a gathering place, even as good as penn national gaming is going to be suspect. gathering, no. at home, yes but bar stool and it will be a matter of time before it comes back danny in north carolina. danny? >> caller: jim, thanks for taking my call >> okay, danny what's going on? >> caller: well, jim, because of the covid-19 and flu, there is a lot of talk about the possibility of folks staying home to work not attending events and locations and big crowds >> right >> i'm thinking about my four legg legged fury friends. is there a good time to buy chewy? >> i think now is the time buy chewy. boy, i fought with my wi

back to a place where people are active again. i think we can see an acceleration. trish: pete hegseth, good to see you. far left cnn correspondent jimk at it. after the president's oval office address the same reporter is saying this president is racist. >> what do you say to americans who say you are not taking this seriously now. that you aren't rinsing to what your health experts are saying. president trump: that's cnn, fake news. trish: remember his "new york times" editorial board member, the one who floated the aoc math? >> with the money he spent he could have given every american a million dollars. >> let's put it up on the screen. when i read it on social media it all become clear. trish: not exactly a million dollars a person. it was more like a buck 50 a person. the left cannot do math. and they keep playing the identity politics card. she says anybody who criticizes her right now is doing so because they are racist. but first the liberal media deciding not to deliver the facts all over again. >> we keep getting people coming in from the country that are travel related. how much worse we'll get will depends on our ability

back to you. >> steve, thank you. that language, jim, reminiscent of by any means necessary. mething we talked about from draghi sometime back what do you make of it >> also initially from malcolm x if we want to get historical what that says is we'll do what's necessary on our end, but it's not enough. they can't create demand they can't hire. it's great that the fed can backstop, so you get 5$500 billion in the hands of treasury secretary mnuchin. that can be levered to 4 trillion again, without -- if you don't get rid of the rancor, if you don't unite, what happens is i think we see our cede our roles as a great power to another nation, which is unforgivable. it's not what this president wants. i think what we get with speaker pelosi will be incredibly important when we speak to her in a few minutes >> you mentioned, it's funny, the 450 billion that would be part of the stimulus bill that would be levered to the fed which could be as much as 4$4.5 trillion that's an important component of this, isn't it snnkts t >> the most important component. when you look at it, if you w

ibram, young people will read this book and some may feel deflated and say racism was so bad back then, jim seg gairks et cetera, and it feels like it's so bad today, how can i maintain hope in this world, whether as a black kid or a did not black going i'm an ally and i want this world to be a better place? >> so that's why we didn't just twoobtd write a history about racism, we wanted to write it about anti-racism. we wanted to show people how they have been fighting against racism from its origins and they can be a part of the fight. here is how people have done it in the past, how they have been effective and here's how you can be effective today. >> trevor: one thing you do really well in the book, in my opinion, is you break it down so people can see what is oftentimes underlying racism or a racism some people may not even realize they have been indoctrinated into. you talk about the southern strategy, how nixon and many republicans realized they couldn't just say these things, they couldn't call black people the n-word outwardly, they had to say ghettos and thugs and the code words a

back to you, jon. >> thank you. >> all right, jim, thank you for bringing us that as well >> and now let's look to europe. markets there set to close in just a few minutes mixed action seema moody has that from home. seema? >> hey, jon. europe started the day higher on chinese manufacturing data and has managed to hold on to some of those gains but if you take a look at the year to date losses for europe, europe actually faring the worst among its global peers with stocks on average down 25% there, following four quarters of gains when we started the year nearly every wall street strategist was bullish on stocks. all have been brought down due to the coronavirus the impact on europe's fragile economy, the world health organization saying the outbreak in italy and spain may have peaked but the effect will be long-lasting the imf says it's a foregone conclusion pressings each country to step up with stimulus measures where we saw the biggest losses in 2020, the european banks as rates fall deeper into negative territory, take a look at deutsch bank down about 15% so far this quarter mo

celine gounder, thank you, we know we'll have you back on the air soon. >> thanks, jim. >>> tomorrowbe sure to watch our next coronavirus town hall. these are really useful. anderson cooper will host, dr. sanjay gupta as well. 8:00 eastern time here and only on cnn. >>> well, a massive agreement on capitol hill, $2 trillion to stimulate the economy. is it enough? we're going to ask the ceo of one of the world's biggest tech companies next to see how much of a difference this makes. life. and sometimes, you can find yourself heading in a new direction. but when you're with fidelity, a partner who makes sure every step is clear, there's nothing to stop you from moving forward. they grew their first tomatoes right here. and when it snows, the kids go sledding right there. the frels family runs with us on a john deere 1 series tractor. because this is more than just land, it's home. search "john deere 1 series" for more. let's be honest. quitting smoking is hard. like, quitting every monday hard. quitting feels so big. so try making it smaller, and you'll be surprised at how easily start

back. that was jim cramer yesterday after the fed announced the interest rate cut. the first largest. n see the most recent three events go back to january 2008, october 2008 and yesterday. as a result, futures indicate a higher open today trying to make up for a steep selloff yesterday. those reverse after the cut. a former colleague of fed chair jay powell, and founder and ceo of kkm financial he's back with us again. chris, we'll start with you here, let's talk about whether or not the fed chair did the right thing to calm the market continues that are going on it will prove to be the right move >> let's talk about the trader perspective here there has been an argument made that reserve and easing will remedy the current situation around coronavirus not an issue around supply right now. it is an issue whether or not supply constraints will happen near term. going back to what the reserve was talking about that was the material change of the outlook yesterday was a one-two punch. this is a shock absorber this is a shock seeing a lot of central bankers. this is a big moment that move

months, four months and we don't know that many of those people will be hired back or just not know at this point? >> well, jim for having me on this morning. i'm an optimist and i believe we'll be back. it's a question of time, we don't know how long, but we support what the government's doing with the shutdown. we are doing our part, our associates are home safe and we are just hoping we're going to have the chance and hopefully the assistance from the government when the time comes that we can get back up and running, and get started and get all of our associates back to work. >> so let me ask you, because you have two tracks really for help from the government. you've got congress now debating a bill, a number of elements in there, you have the fed now acting to make loans more available to small businesses and so on. let's talk about the hill in particular. what particular help is important to your not just to your business, to you, but also to your workers, what do they need the most from the government right now? >> well, i think we're doing our part with our people. we have taken care of their health i

jim is back at headquarters. keeping with our social distancing policy at a different location carl has a well deserved day off. let's get to the story this morning. the story is -- everything is going on i

again,e results now in, former vice president joe biden thanking jim clyburn now that his campaign is backegates in total. senator bernie sanders is the leader. here's what joe biden told reporters earlier tonight. biden: south carolina, my buddy jim clyburn, you brought me back. [applause] a man of enormous integrity. those of you have been knocked down, counted out, left behind, this is your campaign. just days ago, pundits declare d this candidacy dead. now, thanks to all of you, the heart of the democratic party, we just won and we won big. [applause] we are very much alive. [crowd chanting "let's go joe!] biden: you launched bill clinton and barack obama to the candidacy area now you launch our campaign on the path to beating donald trump. this campaign is taking off. join us, go to joebiden.com. sign up, volunteer, contribute. we need you, we want you, there is a place for you in this campaign. host: the former vice president in columbia, south carolina. we carried his speech live. it is available on our website. a chance to see it later again in the evening as we show you all of the

cnn's chief white house correspondent jim acosta is back with us from the rose garden. jim, the president talking about testing for the coronavirus, which has obviously been lagging behind, the u.s. >> reporter: right. >> what are the concrete steps the president announced today that can help speed up the process for testing and the process, if anything was laid out, for improving the ability of hospitals to take in any sort of surge in patients? >> reporter: yeah, jake, i think you heard the president there and these various officials from the coronavirus task force lay out these next steps. the question is how long are these steps going to take in terms of getting the testing system moving. they are saying and the president was saying this along with other officials, that they're going to be waiving regulations to make sure that the private lab industry, for example, can run that's tests more quickly, that they're going to be setting up a website were people can go on a website, sort of like obamacare, it sounds like, healthcare.gov. people will say whether they have s

stocks last night, i said buy verizon and pfizer there's two out of 6,000 >> jim, you did talk about yesterday getting back to the december 18 lows on the dow, that would put you at 21792 so a couple hundred points away. tactically, jim, how interesting is this? >> this is the moment when jay powell, who is a terrific guy, can come out and say, you know what, i see what's happening remember when ben bernanke went on of all things "60 minutes" and talked about everything and said we're not going to let this happen anymore, and the run stops before we had to nationalize the banking system look how things are now. it turned out to be great. maybe the run should stop. maybe chairman powell comes out and says we have surveyed the situation. we're so in control, and we will make due the credit lines. you can stop going to the banks and beating each other to the revolvers because we don't want companies to go out of business because of some illness that we don't understand very well maybe we just do it until we all have kits. you know, kits do matter >> they do >> china had kits. south korea had kits >> understan

back. >> reporter: jim worries he may have the coronavirus. st travelled to denmark to help his daughter move back to the u.s. and worries he may have been infected abroad. so, for the first time in his life he's video conferencing his doctor for advice. >> 97% of people who get symptoms get them by day 11. >> reporter: he's an er doctor of 33 years. how does the power of telemedicine become even more apparent in situations like these? >> you can be anywhere at any time. you can have banks of doctors taking these calls every 15 minutes, every 20 minutes. >> reporter: but it's still not widely available in the u.s. acourteding to a survey, only 18% of access and of those only 19% book video visits every week. one possible reason? many health care plans won't pay doctors for appointments done via video chat. she heads seven clinices for gardner h services that treats 35,000 patients in the bay area but none of the 35 physicians is using telemedicine. >> it's expensive to set it up and if you're not being reimbursed for it, it's not going to be be