don't miss that when michael milken joins me live. market futures are higher, take a look, investors gearing up for the busiest week for first-quarter earnings, yet this will be the busiest. companies reporting including ups, pepsco, pfizer, caterpillar, 3m, southwest and dr horton, joining the conversation fox business dagen mcdowell, wall street journal senior writer jon hilsenrath and senior fellow at the national taxpayer's union and forward stage's president mattie duppler we have leo, host of earnings and little by little openings across the country. how would you allocate capital this morning? >> leo: i think you to allocate capital carefully and deliberately at this point. stocks are still down from their high but this is a big rally and we have been taking small bites for some time now and this is the classic warren buffet. you get rich in bare markets. you just don't know at the time. people forget it is a forecasting tool and not a weighing machine. i think the market is trying to discern between massive economic disastrous

up next, special interview between michael milken and her colleague, haslinda amin. markets and his philosophic work in health care after his institute is trying 16 potential virus treatments. this is bloomberg. ♪ >> i'm confident that by mid summer we will be back to some sort of normalcy. not like we will be going back to rock concerts, but we will be going to work, our kids will be going to school, life will look somewhat normal. haidi: the milken institute has launched a resource to help policymakers with programs in the midst of -- they have compiled from publicly available information about the focus of each clinical trial. let's bring in michael milken joins us from los angeles. morning from asia, good evening to you. haslinda: thank you for joining us. is fantasticinda, to hear your voice, and it seems like our asian summit that you help host with us was a generation ago in september. know that the milken institute has redirected institutes to combat covid-19. you are working with house tinted to shins -- health institutions for a cure. give us a sense of how

do join us for michael milken tomorrow.ocking new video of a packed house party defying covid-19 restrictions. cheryl casone with the details. cheryl: and the video, maria. good morning again. reckless and utterly unacceptable, that is what chicago's mayor is calling this new video. it showed more than 100 people shoulder to shoulder, dancing and drinking. one appear goer said there were about 1,000 people between the yard at the house at the party. police are investigating the video. police say the homeowners could be punished. illinois has over 44,000 cases of covid-19. china's lucky coffee is under investigation. the company said $310 million in 2019 sales were made up by some of its workers. the company shares that trade in america, they've been suspended. you recently spoke with sb chairmachairman about companiest list here and don't follow the rules aimed to protect investors. >> it's long been the case that u.s. investors have wanted access to foreign companies and emerging markets and we don't want to deny them that

this is a huge industry i just have to point out because in the book which i did not know that michael milken the junk bond felon was just pardoned by trump and is a deep into this stuff and i think you from your book are still worth $3000000000.00 but it is a huge industry and it's very cynical and very manipulative because it in the name of confronting these injustices it perpetuates them. yet. one of the things that really led me to start looking in trying to understand this was i was teaching at princeton. and around 2009 i had all of these students who were white who were wealthy who by their own admission said they just didn't know a lot about poor communities that their schools they were you don't come to princeton by and large from struggling schools you yourself maybe from a lower socioeconomic level you just don't get there from poor schools very often so you know all of these you know white wealthy students were like yeah we know how to solve what's wrong in struggling communities we get it we we have seen the like just trying to understand it well for you know for a literally at 1

> reporter: as for the original test for kim jong un for our colleagues at foxbusiness report michael milken is with the top executive at amazon trying to convince the company to deliver three test kits to every home in america. so far amazon is not commenting on those reports. shannon: thank you. two new studies out of california showing the coronavirus more widespread and possibly less deadly than we thought. one of the doctors find the study joins us live next. the one antibodies shannon: antibody stays in california potentially showing a greater spread of coronavirus than originally thought but also possibly a lower mortality rate. a doctor who was part of one of those studies, fox's medical contributor doctor mark siegel, welcome back to both of you. a couple questions on the study but first i want to ask if the study is accurate what does it mean for our ability to shut down the virus? >> of the studies accurate it states we have much widespread covid-19 infection than reported to public health authorities. we estimate 320,000 cases, cases reported to the public were about 8000 so the

the milken institute chairman michael milken will be joining us as well.u.s.ring treasury secretary, steven mnuchin, talking about the sba, small business administration, outreach program when it comes to helping small businesses across the services industry, retailers and the like. saying these deposits will be made and around 80 million people should be receiving the deposits by wednesday. he's also addressing the distribution of funds to states. half of those funds will be treated to states. lawmakers are discussing spending even more to combat the virus over the coronavirus. munition saying they can do the spending bill after the small business administration program has been addressed. he's also talking about the issue of reopening the economy -- which has issues that president trump has been thinking about saying he has the authority and likes that to happen ahead of schedule. mnuchin saying there are economic risks in both directions of the reopening. much more to come. this is bloomberg. ♪ haidi: australia is home to the fourth biggest pension in t

meanwhile, michael milken, fox business, our colleagues over their reporting he is trying to convince amazon.com to distribute regular covid-19 tests to just about everyone in the united states and make them free. amazon.com insane, but milken said amazon is the perfect venue to do something like that. >> bill: david's pond in washington, firefighters meanwhile calling for help. they say federal funding is desperately needed on the front lines of the pandemic. how much lawmakers are earmarking so far for them, in a moment. that's me. by using your va streamline refi benefit, one call to newday usa can save you $2,000 a year. that's me. there's no income verification, no appraisal, and no out of pocket costs. that's me. put your va home loan benefits to good use. call my team at newday usa. p1úcsj1j plg" dad, i'm scared. ♪ it's only human to care for those we love. and also help light their way. it's why last year chevron invested over $10 billion to bring affordable, reliable, ever cleaner energy to america. ♪ many of life's moments in thare being put on hold. are staying at home, at

there is no smarter guy in terms of market and economy michael milken of drexel.s milken institute. a major philanthropist. he is worried about the economy going forward. that he is worried economy cannot really open without mower americans getting tests. what he is trying to do, lydia got confirmation from people at milken, she heard about the podcast was given. frank luntz was the moderator. frank luntz the pollster. michael milken said he was trying to get jeff bezos of amazon.com to begin shipping free of charge, using his vast networks these coronavirus kits so we can get some handle on this. it is pretty amazing. we have not heard from amazon whether they will do it or not. milken understands amazon's reach. it has a nationwide reach. just about everybody has it. if you ever distribute it will not be through the u.s. post office. if you distribute it efficiently these tests needed to get the economy back, a lot of people say, a lot of smart people including mr. milken you will have to do it through a distribution network that hits many americans. that is ama