war possible, you know, with the election, and so forth like that i want to know your feelings on nucoris it an own or a trade? >> it is definitely not a trade, it is an own if you do the homework on nucor, you will see that they've never had a tough time when all the other steelmakers have but that's why it is the blue chip of the industrial steelmakers, 3% yield, safe yield. that's the one keep buying it keep owning it if you think you need a defensive playbook, well, you have to be ready for the market to get hit in the short term but these are your go-to asset elements and, again, i say that this portfolio could actually make you money. we are not profiteers, but that could make you money could axon's drop be a buying opportunity? and a retail surprise. what it could mean for your wallet and "rapid fire"'s edition of the lightning round. so stay in touch with kramer >>> tomorrow, kick off the trading day with "squawk on the street." live from post 9 at the nyse >> you take a look at a 20-year on this when they were dominant do you remember at the turn of the century before apple had

as i understand it, nucor is down about 75%, the stock. ak steel down 39%.teel dynamics down 27%. but let me get back to you and the effect on you. if i'm hearing you correctly, are you saying that they see an open door to just continue to hike prices and could you characterize that as gouging? >> i really would. i mean, metaphorically -- not even metaphorically, it's like steel is, you know, produced on rolling schedules and they will roll every six weeks, whatever particular item that is, and you create a market. if they're telling you constantly the prices are going up and you see they're going up, hey, i'm worried to death, do i need to hedge, do i need to buy, then by pushing those rolling schedules out to where you might be instead of waiting six weeks, you might be waiting six months, so do i buy a bunch and then if you do buy a bunch, you know, the hedge just for price protection, and the market falls the other way, well, that's a bad feeling. so where the happy medium is, i don't know. but i feel good, and i deal with a lot -- steel companies or ser

i am wondering about the nucor. i think it's wonderful what you were saying that it is going to be young men. i thought -- [laughter] -- i will be all over this and then you said you will try it out. so how long do you think it will be before young women? if everything goes perfectly well, which, you know, of course, we hope it will, how long will it be before young women will also have a parallel program? >> i mean i would like to do it as soon as possible, you know, i'm all about getting women into e.m.s. and our department for starters. it will just depends on funding, but we do have, you know, we are working with the gentleman who founded e.m.s. core, and so he has been given -- he has been great and they will come here and set it up. everything should be in place. we, of course, will have lessons learned with the young men, and i am not sure what we will have to work out in terms of what will be different for the young women, but i would like to do it as soon as possible. i can't give you a date, but i am an ad

nucor reporting earnings that beat estimates.ook gives confidence 2020 will be a positive year. next month, mark zuckerberg heads to brussels to meet with e.u. officials, trying to head off scrutiny over how they handle future data. he will discuss the framework or new internet rules and regulations. that is the bloomberg business flash. tom: we are going to go to our stephen -- senior reporter, stephen engle, but we are thrilled to bring you stephen definitive essay is on the wuhan virus. get it from hsbc. stephen king, it is a grave new china. they have been here before, but this time is decidedly different. what is the nuance now versus sars of 2003? stephen: the simple answer is the chinese economy is much weaker than 2003. it is possibly more vulnerable to these shocks. at the same time, our knowledge of viruses and its spread has improved. france has a smaller impact than people feared as a consequence of the extraordinary controls put in place as far as aircraft controls. we are seeing a repetition of many things we saw, b

i am wondering about the nucor.t's wonderful what you were saying that it is going to be young men. i thought -- [laughter] -- i will be all over this and then you said you will try it out. so how long do you think it will be before young women? if everything goes perfectly well, which, you know, of course, we hope it will, how long will it be before young women will also have a parallel program? >> i mean i would like to do it as soon as possible, you know, i'm all about getting women into e.m.s. and our department for starters. it will just depends on funding, but we do have, you know, we are working with the gentleman who founded e.m.s. core, and so he has been given -- he has been great and they will come here and set it up. everything should be in place. we, of course, will have lessons learned with the young men, and i am not sure what we will have to work out in terms of what will be different for the young women, but i would like to do it as soon as possible. i can't give you a date, but i am an advocate of