gary cohn, mark cuban, adina friedman, john rogers, scott gottleib thank you for watching >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer! welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain you, but to educate you and teach you. call me at 1-800-743-cnbc or tweet me at jim cramer today's rally, second one in a row 496 points, rising 1.5%, nasdaq dipping 1.4%, shows wall street has faith in the stimulus

taylor: our thanks to john rogers, founder, chairman of ariel investments. want to get a quick check on the markets. let's go across asset. we are seeing a little bit of weakness in the dollar after a days of record strength. that means the 10-year yield today alone is down 22 basis points, below a one handle. everyone wants those safe havens, except the yen. gauging the safe havens. yen weakness relative to other currencies. finally getting some weakness, coming back from the bloomberg dollar. equities lower. everything but stocks are clearly in the red. this is bloomberg. ♪ greg: this is bloomberg markets. i'm greg bonnell in toronto. taylor: i'm taylor riggs in new york. that the reported coronavirus pandemic -- they have compared it to the sars out rake in the early 2000's, but which one had more of a global economic impact? bloomberg businessweek explains. >> sars was a killer, literally and economically. sars, or severe acute respiratory syndrome, killed almost 800 people in 2003. it also knocked to the percentage points off of chinese growth. gdp rose

i think of john rogers, ricky sandler with the expertise of trading if they need it. i'm not talking about people going in and out of the market over the course of the day >> i want to be clear. some people hear trading community and that sounds different than addressing the longer term investor i want to make sure we're on the same page. this is the kind of program where we do have from time to time, shorter term traders versus longer term investors let's make sure we're clear to everybody. >> absolutely. i respect that viewpoint and i agree with it. by no means am i suggesting you want to go in and out. that's the last thing you want to do in this environment. what i'm sharing with you is the retail i venvestor, the violencf this sell off, they are sitting back and looking for information for all of us. they are looking toward programs like you had on last night and looking for indications to suggest stability and you have stability in the marketplace that professional investors and trards a traders are reacting accordingly. >> was someone trying to say something? >

we'll speak with former chief white house economic adviser gary cohn, mark cuban, john rogers, former fda head scott godly, tonight, 7:00 p.m. >>> it is back to your money mark mobius is with us find out where he is finding opportunity around the world in these wild swings. then new jersey governor phil murphy the state reported one of the biggest single-day jumps in cases, but he may have some good news we'll ask him about that and what is being done to protect the rd stegaenta when you look at the critical issues facing our world, what do you see? we see breakthrough medicines getting to patients in record time. we see harnessing natural gas unleashing the promise of clean energy. we see engineers simulating the future to improve today. at emerson, when issues become inspiration, focusing core strengths to create a better world isn't just a result, it's a responsibility. emerson. consider it solved. >>> welcome back we are pleased now to be joined on cnbc by phil murphy, governor of new jersey. governor murphy, thank you very much for joining us during these difficult times. >> my h

believe this is an opportunity, take advantage of the opportunity and the bargains >> that was john rogersthe special town hall last night we'll bring in david nelson to discuss that and more going into a new market day david, good morning. it is good to see you. he may be right. we'll see. futures are indicated a negative open for the dow jones industrial average you want to buy when prices are a little low, is this an opportunity of a lifetime in your opinion as well >> some of these companies are fairly challenged at this point. this has turned into a credit event. what we have from saudi arabia was almost an act of war that added to the problem, hit the energy complex the dip there is challenged. that trickles over to the financial community because somebody has the evolving credit you'll have to really do your homework here and scrub the balance that looks like the basement price >> if this is a credit event, what p will be the opportunity do you want to go to energy right now? >> that's not for me to figure outright now for me, i have to look to technology these are cash-rich compani

he joins us with mark cuban, john rogers and dr. scott gotley can't wait for that. we'll ask our panelists questions, your questions from twitter. send them to us. that's tomorrow night at 7:00 p.m. eastern on cnbc halftimes ckig aer is iba rhtft in the transportation industry without knowing firsthandness the unique challenges in that sector? coming out here, seeing the infrastructure firsthand, we can make better informed investment decisions. that's why i go beyond the numbers. when it comes to your business internet, which is more important? ♪ ♪ okay, i wish i didn't have to choose. like the more i think about it, the more i want to jump to each room. what if i said you can have it all? ♪ ♪ comcast business gives you connectivity that goes beyond. that's what we want! that's speed, reliability, and security, all from one provider. touchdown! comcast business goes beyond with the extraordinary speed, reliability and security your business needs. call today. comcast business. beyond fast. ithat car is one of mine. and soon, it's going to be one of theirs. but they

nasdaq ceo, adena friedman john rogers of aerial investments, and the former fda head, dr. scott gottlieb and we want to hear from you please submit your questions now on twitter you can use the hashtag cnbc thorrd ♪ in nearly 100 years serving the military community, we've seen you go through tough times and every time, you've shown us, you're much tougher your heart, courage and commitment has always inspired us and now it's no different so, we're here with financial strength, stability and experience you can depend on and the online tools you need because you have always set the highest standard and reaching that standard is what we're made for ♪ and reaching that standard is what we're made for shouldn't you pay less when now you can. data? because xfinity mobile gives you more flexible data. you can choose to share data between lines, mix with unlimited, or switch it up at any time. all on the most reliable wireless network. which means you can save money without compromising on coverage. get more flexible data, the most reliable network, and more savings. plus, get $3

gary cohn, mark cuban, adina friedman, john rogers, scott gottleib thank you for watching >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer! welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain you, but to educate you and teach you. call me at 1-800-743-cnbc or tweet me at jim cramer today's rally, second one in a row 496 points, rising 1.5%, nasdaq dipping 1.4%, shows wall street has faith in the stimulus plan we came in weak it this morning, then roared, sacrificing gains at the close because a handful of senators are holding up the bill bernie sanders thinks it's too generous to corporations i say it's possibly too generous right now. it was the sanders discordant threat that freaked everybody out. he's not trying to change the bill he's trying to fast track it sideshow, please, no panic the stocks that won big today at the peak

we'll see you soon >> you're most welcome >>> all right, now let's bring in john rogers, ceo at aerial investments on the cnbc newsline good morning >> good morning. >> you've been a value investor for quite a number of decades. seen a lot of cycles what does this environment remind you of and what might be the lessons in terms of your approach as you look for i guess unduly punished type companies >> it reminds me a lot of 1987 when the market dropped 22% in one day. and, of course, it reminds me of that awful period of '08 and '09 during the financial crisis. what we did in both these periods was we were leaning in buying bargains. we always believe that john templelton was right buy when there's maximum pessimism. >> in terms of assessing what looks like a bargain one of the knock on effects at work is the credit cycle is now perhaps put into reverse, and the market seems to be hunting for vulnerable companies on the credit side of things. so how do you assess that risk in terms of the companies you would look to own and i guess on a market wide basis. >> we've been evolving over th

got some really smart people on it, including gary cohn, scott gottlieb, mark cuban and others, john rogerssend your questions t to #cnbcpathforward. it will be a very enlightening hour scott gottlieb has been early on this throughout if you've been following him and what he's been saying he has been a little bit on the early side in forecasting what was going to happen. it's been great to have you with us we appreciate it thanks for watching. our breaking news coverage of the coronavirus and the market reaction continues now into the last hour of the trading day >>> good afternoon, everyone i'm wilford frost with sara eisen and tyler mattison back at headquarters not a big rally on wall street after a shaky start this morning, dow moving as much as 20% off its monday lows. the s&p 500, by the way, peak to trough was down 35%. where we stand right now, peak to where we are is down 25%. let's have a look at what's driving the action today the white house and the senate agreeing on a $2 trillion

. >>> coming up when we return, erroll investments chairman, john rogers oversees $13 billion in assetsthen later coronavirus cases growing across america we'll get the latest impact on our economy. we'll return in st menju aomt. apps are used everywhere... except work. why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com >>> welcome back, everybody. italy has expanded travel restrictions to the entire country. let's go live to rome. nbc's claudia lavenga is standing by and joins us right now. what can you tell us about the difference between today and yesterday? >> reporter: well, there's a massive difference, of course, until last night the only section of italy that had these massive restrictions of movement was the north. while last night the prime minister in a dra

in a letter to john rogers, the assistant secretary of the university, wilson wrote, the whole temporary and tradition of the place is such that no need is ever applied for admissions, and seems unlikely the question will ever seem practical reform. five years leader wilson translated his philosophy into a more practical form when he responded directly to macarthur sullivan, an african-american applicant. it is altogether inadvisable for a colored man to enter princeton. attempt -- intent on splitting hairs might say wilson was not denying blacks into princeton, not like what we would see in the height of the civil rights movement when he denied entrance to the mercy of alabama. wilson's performances in these ao quotes wewre a -- were commitment to something more insidious. we have wilson quietly rewriting princeton's history and in the second, we find him ensuring princeton would remain a safe space for white students because of his own act of erasure. rewriting history. wilson had been part of princeton's dna since his undergraduate years. while policy was deeply involved in student or

two million copies, and he has been called the most important illustrator of birds since john james audubon or roger tory peterson. >> previous field guides had fewer illustrations. so they left out a lot. different ages, different subspecies. i wanted to illustrate every species in flight, because that's what birders see. >> just starting to build it right up there. >> reporter: now 57, david sibley learned to love birds by going out on hikes with his father, fred, a noted ornithologist at yale. >> as soon as the field guide came out or was in the works, yes, i became much less well-known. >> reporter: y peoplf norerica. >> i guess it's our family itnu, but milyess. >> reporter: david started drawing birds at age 8, and his parents didn't worry for an instant w their son dropped out of cornell to pursue his passion and study birds in the field. his reason, very valid, that cornell has a set track that you follow in your major, and that didn't leave time for looking at birds or painting birds. >> reporter: david sibley would spend 14 years driving around the country, observing and sketching. always

their candidates -- any of the major proposals well run up against john rogers -- john roberts and his conservative majority. a supreme court that is buttressed with an illegitimate justice. in allegedly rapist justice brett kavanaugh, who has no moral standing to be on the court. those justices can be reliably -- to vote -- to vote down any democratic policy proposal there is. if democrats don't have a plan for that. for reforming more changing the construction of the supreme court, and they don't really have a plan. i have written about the various plans about corporate form. one of the things i bump into a sides on the republican that the court is a winner for them. their voters will show up for the supreme court in the a way that progressive voters never have before. i think that is a fight that progressives need to be ready to have. that showslling battleground states coming out strong for court reform. does not make people more likely to vote for trump. does not make people more likely to vote at all. i think the narrative that democrats can't fight about the court is wrong. they

gottlieb and john rogers you can send us your questions on twitter now tomorrow, 7:00 p.m. eastern time on cnbc. >>> we just got about 34 minutes left before the bell stocks are surging and it really has been a sharp global rally. the doe's up more than 1700 points right now s&p 500 up 8%. coming up b, we'll have the ceo of campbell's soup about the coronavirus impact on that company's supply chain and what he's doing to protect his wo workers and up next, shares of boeing soaring as well today, but the stock still down 60% on the year we'll hear what the company's ceo said about the impablgt of the pandemic on his business right after the break. it's a challenging market. edward jones is well aware of that. which is why we're ready to listen. and ready to help you find opportunity. so. let's talk. edward jones. it's time for investing to feel individual. swhere my hobbits at? play lord of the rings. play my "straight outta the shire" playlist. i want to see the king. find lebron. search more cartoons. play the last o.g. take me to the streets, play sesame street. me want m

in the meantime, john rogers, you might know the name, the founder of aerial funds, a small cap fundson small cap companies, spamall cap stocks have been one sector taking it on the chin i would argue proper thbably more than other. well, he's saying this is a massive buying opportunity. i don't know if he extended that well beyond small stocks but seeing as many small stocks are down 50% or more with some of these averages, that constitutes the majority of holdings, he might be hoping that is so overdo overdone. brett, what do you make of what he's saying, he's a small cap guy saying man, oh, man, big buying opportunity. what do you make of that? >> well, the thing is, there's always the old joke you don't ask a hairdresser if you need a haircut. obviously in my case that doesn't apply. generally speaking, you ask a hairdresser if you need a haircut, they will tell you yeah. you need a haircut. neil: by the way, you need a haircut. go ahead. >> i think he's right. i would be a bit more wary of buying the s&p 500 here because it came into this quite an expensive market. what i notice

committee of five, who are tasked with drafting the declaration, which included ben franklin, john adams, roger sherman and robert livingston. so the we, means the committee of five, but it also means the 56 members of the continental congress. on top of the 56 members of the continental congress, it also means the american people, it declaration of the independence speaking on behalf of we, the people. we, the people of the united states of america. we hold these truths. but there is a problem. what does it mean to say we hold these truths to be self evident? some of these truths are pretty complex philosophical concepts. did all americans come to see this truths all at the same time? surely there is a difference in intellectual capacity for instance, between thomas jefferson and john adams on the one hand, and an educated, hard scrabble farmer on the western frontier of massachusetts. i think that, the key word to unlock the meaning of self evident truth, is the word hole. we, hold these truths. to hold is in effect to grasp. but to grasp if something that can take place overtime. by differen

john lewis. it was unclear if he would actually get to attend these km commemoration services, but he is, in fact, here, 55 years after that bloody sunday demonstration. i actually talked with marilyn rogers from john lewis's hometown in troy, alabama. why did you decide to come out here today? >> because so many people bled and died for us to vote, and i think it's only fair for me to come and show how much i'm appreciative of it. >> reporter: what do you think about the fact that congressman john lewis, who's battling stage 4 pang i can't tell tick cancer that he made it here for these commemorations today? >> he's a strong fighter and god is good. >> reporter: you're from his hometown of troy, alabama. what have you heard about him over the years? what does he mean to you personally? >> personally, john is a foot soldier. and anybody that can take the beatings that he has taken over the years to get us to go out and vote, you can't help but to come out and show much you're appreciative of it. >> reporter: enjoy the events today. >> thank you. >> reporter: you can tell just how appreciative people are. the people who have come before like congressman john lewis and the path that they ha

john sandford and you all read chief justice roger tawny's opinion in dred scott's case. and you have read that opinion, and it's notorious in american history, right? for the blatant racism in it, for the sanction that tawny gives to the concept of human property under the constitution, and for denying black citizenship, not only denying black citizenship, but denying even blacks as free, as persons under the constitution. and so, dred scott was one type of freedom suit, right? it was based on his physical presence in a free state, illinois, and his physical presence in wisconsin, a free territory. and it's often presented in american history textbooks as if it were the only freedom suit in american history. to go to the supreme court. the only, almost uniformly, presented as dred scott, one man bringing a freedom suit. but when we look into it a little more closely, there were thousands of freedom suits in american courts. all of them challenging the notion of slavery under the constitution. what we're looking at here is a long line of anti-slavery constitutionalism. th

historian, author of "the soul of america," and roger's professor of the presidency at vanderbilt, john

thank you very much, kate >> yeah, great stuff, kate really appreciate it, kate rogers bringing us the ceo of papa john'shat he is hiring and doesn't expect any interruption in their business could be good news to a lot of people stuck at home are looking for extra work or income right now. >>> details of a massive trillion dollar income package are still in flux. many expect it to include direct payments to american citizens. joining me right now is marty who is ceo of paychex who has offered its service for checks during this vie -- crisis the it's great to have you >> thanks. s your stock is the worst in the nasdaq this market has been so crazy. do you have any insight to what's going on there? >> i really don't. we have a very strong business model. we're up and running completely. we have about 90% of our employees working from home and still providing great service and we have great cash positions. i'm really not sure. when you look at that, it's not really based on too much of anything at this point we turn to you on the subject of maybe how to fix that. he said wii loe're looking to pl providers.

roger caddell says that 2020 nfl draft will be held as scheduled in april. next in sports, the 49ers general manager johnynch on how and where he is prepping for the big event. when it comes to your business internet, which is more important? ♪ ♪ okay, i wish i didn't have to choose. like the more i think about it, the more i want to jump to each room. what if i said you can have it all? ♪ ♪ comcast business gives you connectivity that goes beyond. that's what we want! that's speed, reliability, and security, all from one provider. touchdown! comcast business goes beyond with the extraordinary speed, reliability and security your business needs. call today. comcast business. beyond fast. more than ever, your home is your sanctuary. that's why lincoln offers complimentary pickup and delivery servicing. we'll pick up your vehicle and leave you with a lincoln loaner and the peace of mind that helps you focus on what matters most. that's the power of sanctuary. and for a little extra help, you can now purchase a new lincoln remotely, and defer payment for up to 120 days. getting comfortable in his home draft

down almost 3% chipotle, papa johns and dom kn knows are higher after they lay out their delivery plan. kate roger has a look at what is driving these moves. >> restaurant stocks have a wild ride this week as more states are ordering people to stay in place. the national restaurant association has projected loss sales of $225 billion over next three months with millions of jobs on the line casual dining names have really been hit the hardest while restaurant layoffs could be as high as 9.4 million jobs, they are hiring dominos and papa johns hiring 10,000 workers to meet demand. chipotle is continuing to staff up in new and existing locations. investors expressing confidence in those that have built out those delivery systems mcdonald's, domino, papa johns and chipotle likely more important in the age of koe vcovid-19 thank you for being here >> tell us how business has been so far and what precaution the company is taking as diners are ordering more delivery >> the rapid change in the environment that we're dealing with our first priority is making sure our employees were safe and felt confident

. >>> roger caddell says the nfl draft is on scheduled for april, later in sports, the general manager johnn how he is preparing for the big day. >>> president trump signing the $2 trillion coronavirus relief bill. the house passed the stimulus package today giving millions of americans a $1200 check that increases unemployment payments by $600 per week. it also provides small businesses with loans. >>> governor newsom said hospitals are preparing for a surge over the next two weeks. the navy hospital ship arrived in los angeles this morning which has 1000 beds that will free up local hospitals. >>> the san francisco mayor and top health official said they do not want a repeat of last weekend with people out and about. if you are not an essential worker your job is to stay home. social distancing is the best option to prevent the virus spread that we are seeing in new york. >>> in marin county, medical students organized a donation drive. they were 5000 massing gloves to help doctors and nurses. >>> rob ross spoke with medical workers about the support and their own fears as they work throu

remember the alleged meddling in roger stone's case and 2000 former case -- and step down and dan abrams has a new book called "johnms founding father." and great to see both of you. we walked through both the day one reaction to barr's letter as well as this new ruling from judge to remind everyone how significant that was. your reaction. >> i remember ari sitting in the studio that weekend reading the attorney general's four-page characterization of the mueller report and as we read just that raw summary, we begun to realize something wasn't quite right. and over time we learned what it was. we learned the attorney general has woven a safety net of past truths and outright lies in an effort to protect the president because the mueller report, when we finally saw the redacted version, didn't give the president exoneration. instead conclude there had were multiple instances of obstruction of justice and the mueller report specifically and it's worth remembering said if more evidence had been available, if it had not been hidden from investigators, they may have viewed the substantive allegations in a different ligh

historian, author of "the soul of america," and roger's professor of the presidency at vanderbilt, john meacham. nbc news and msnbc contributor. this morning, the u.s. is inching closer to a coronavirus shutdown, as state and local officials take the lead in responding to the national crisis. 7 million residents in the san francisco bay area have been ordered to shelter in place. only allowed to leave their homes for essential reasons. it's the nation's strictest measures so far, seen only in places like italy, france, and spain, where the virus has exploded. the states of new york, new jersey, and connecticut have also launched an unprecedented, joint effort to close all gyms, movie theaters, casinos, bars, and restaurants, with the exception of take-out. businesses offering non-essential services will be shut down by 8:00 p.m. grocery stores, pharmacies, and gas stations excluded. citing a failure at the federal level, new york governor andrew cuomo says it is incumbent on states to step up. >> the federal government should put one position in place and coordinate it with the states.

course attacks federal judges, as the president of the united states did, the roger stone case, really excited to see what johnpresident's own political cronies. when he says something about that, that's going to be good. >> ashley parker, cukurt bardel, thank you for being on this morning. >>> up next, an alabama man set to be executed tonight, despite major questions in the case. oldest son of dr. king, martin luther king iii is standing by to explain why he joined the effort to save the man's life. we're back in one minute. e. we're back in one minute ♪ i want to rock! (rock!) ♪ i want to rock! (rock!) ♪ i want to rock! (rock!) ♪ i want to rock! (rock!) ♪ rock! (rock) ♪ rock! (rock) ♪ rock! (rock) ♪ i want to... (chris rock) who'd you expect? (sylvester stallone) i don't know...me? (vo) ♪ i want to rock! ♪ rock! (rock) ♪ rock! (rock) ♪ i want to rock! >>> activists are calling for an 11th hour intervention by alabama governor to halt the execution of a black prisoner set for this evening. nathaniel woods was sentenced to be executed by lethal injection, convicted of multiple counts of capital murder and att