thank you both for this conversation we do see the dow down 278 points right now laura martin and roger mcnameeeasure. >> i think we're going to check in with seema mody right now >> with this intraday reversal, we're watching the sector make the biggest moves, energy materials, the second worst performing sector from a technical propeck perspective, broke below its 200-day moving average. dupont, mosaic mosaic a couple days ago referenced the supply chain disruptions and said an extended production down-time in china due to the coronavirus, that stock among others like dupont, freeport mcmaran and others down 2% to 3% >>> now it's time to get to the cme. rick santelli has "the santelli exchange." hey, rick. >> good morning, jon before i start, i want to make sure, okay, 1.33 in 10s. we were close to 1.30 at point this is a 50-year chart going back to 1970 on 10-year note interest rates you can see it's a very unusual chart. i did that for a reason. we had a lot of volatility prior to the crash in '87, and we made a high right around 16%. we came back and made another high around 14%. basically

jack: sounds great, roger mcnamee thank you very much.reset the facebook for a response but they did not respond back. marcus zuckerman said falsehoods could be given to a large on our platform. i don't think most people want to live in a world where you can only post things that tech companies judged to be one 100% true. in an earnings call last week he said facebook had more than 1000 engineers working on privacy related projects. we'll be right back with ideas we'll be right back with ideas on how to get better every year, our analysts visit thousands of companies, in a multitude of countries, where we get to know the people that drive a company's growth and gain new perspectives. that's why we go beyond the numbers. t. rowe price. invest with confidence. that's why we go beyond the numbers. tit's great actually, i've been listening to audible. it's audiobooks, news, meditations... gotta go! ♪ ♪ hey! you know, i do think it's weird you've started commuting when you work from home. i'll be in my office. download audible and start every

jack: sounds great, roger mcnamee thank you very much.t the facebook for a response but they did not respond back. marcus zuckerman said falsehoods could be given to a large on our platform. i don't think most people want to live in a world where you can only post things that tech companies judged to be one 100% true. in an earnings call last week he said facebook had more than 1000 engineers working on privacy related projects. we'll be right back with ideas on how to get better he wanted a man cave in our new home. but she wanted to be close to nature. so, we met in the middle. ohhhhh! look who just woke up! you are so cute! but one thing we could both agree on was getting geico to help with homeowners insurance. yeah, it was really easy and we saved a bunch of money. oh, you got it. you are such a smart bear! call geico and see how easy saving on homeowners and condo insurance can be. dyslexia, adhd, ocd, eating disorders, and anxiety. every one of us knows and loves one of these kids. for expert information and free resources, visit c

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jack: sounds great, roger mcnamee thank you very much.reset the facebook for a response but they did not respond back. marcus zuckerman said falsehoods could be given to a large on our platform. i don't think most people want to live in a world where you can only post things that tech companies judged to be one 100% true. in an earnings call last week he said facebook had more than 1000 engineers working on privacy related projects. we'll be right back with ideas on how to get better fun fact: 1 in 4 of us millennials have debt we might die with. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right by consolidating your credit card debt into one monthly payment. including your interest rate right by locking in a fixed low rate today. and you can get your money right with sofi. check your rate in two minutes or less. get a no-fee personal loan up to $100k. get a no-fee personal loan [shouting] [clapping and shouting] [cymbals clanging] [knocking] room for seven. and mu

jack: sounds great, roger mcnamee thank you very much.set the facebook for a response but they did not respond back. marcus zuckerman said falsehoods could be given to a large on our platform. i don't think most people want to live in a world where you can only post things that tech companies judged to be one 100% true. in an earnings call last week he said facebook had more than 1000 engineers working on privacy related projects. we'll be right back with ideas we'll be right back with ideas on how to get better the better question would be where do i not listen to it. we'll be right back with ideas on how to get better while i'm eating my breakfast... on the edges of cliffs... on a ski lift... everywhere. ♪ download audible and start listening today. and with the sxfinity stream app, screen is your big screen. which is free with your service, you can take a spin through on demand shows, or stream live tv. download your dvr'd shows and movies on the fly. even record from right where you are. whether you're travelling around the country or

jack: sounds great, roger mcnamee thank you very much.set the facebook for a response but they did not respond back. marcus zuckerman said falsehoods could be given to a large on our platform. i don't think most people want to live in a world where you can only post things that tech companies judged to be one 100% true. in an earnings call last week he said facebook had more than 1000 engineers working on privacy related projects. we'll be right back with ideas on how to get better as a caricature artist, 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. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ managing lipids like very high tryou diet. exercise. tough. but if you're also taking fish oil supplements... you should know... they are not fda approved... they may have saturated fat and may even raise bad cholesterol. to treat very high tr

our conversation with roger mcnamee, next.loomberg. ♪ kurt: apple ceo tim cook suggested the iphone maker wouldn't make any quick moves out of china in light of interruptions due to the coronavirus. cook also called the situation a temporary condition. apple's china focused supply chain is facing two major tests, first from a trade war, and recently from manufacturing outages. earlier this week, emily chang spoke with robert mcnamee about the impact of the coronavirus on apple's supply chain. >> to be clear, i am a long-term holder. that is my investment style. what i see at apple is a company that is positioned radically better than most tech companies. is aly if coronavirus catastrophic issue for the economy, if it is a catastrophic applefor the market, then is going to be a bad place to be. if you take the sort of middle-of-the-road position, that coronavirus will be bad and people will recover and move forward, then i think apple is really well positioned. business that is built around privacy at a moment in time when that

our conversation with roger mcnamee is next. bloomberg. ♪ emily: our continuing coverage of the coronavirus. u.s. equities tumbled with the s&p 500 dropping the most since february 2018, as authorities struggled to keep infections from spreading outside of china. to discuss, we will bring in the cofounder of elevation partners, and author of "waking up to the facebook catastrophe." with us.oger mcnamee we have seen the impact on apple, obviously many tech companies with a big supply foothold in china. what do you think the impact of the virus will be across the tech industry? roger: i do not think any of us really know. what we do know is this was a disease that they thought they had contained in china, so people were breathing a sigh of relief. now it has broken out and we do not know. we know this is more infectious than most flu type viruses. we know that there are past coronavirus is like sars. but the last ones all have been when china's economy was a lot ofller, and when our lines supply to china were less influential than

who better to join us than roger mcnamee. before we get to facebook. a comment on apple >> i agree with what krish was talking about relative to apple. the one thing we have to watch ow v out for as investors is what is going on inside china because there's restricted movement and a great deal of fear, legitimate fear about what this means inside china. and i think it's put a lot of pressure on the government and right now they're trying to isolate people, trying to protect the country from further outbreaks. but i think the lack of information is almost certainly going to' e v create issues. that's why if i were apple, i would be cautious about the demand side of this because i think people are going to be legitimately concerned about, you know, social interaction >> even after they get the okay. >> i just think the okay will initially be something they may be skeptical about simply because there hasn't been transparency, right? i just think this is the issue with president trump's whole nationalist strategy, is that it reduces trust and we need trust

joining me to talk about this, brandy and benecolins and roger mcnamee and author of the best-sellingsary read about disinformation and misinformation in our times. roger, your take on this, because basic confusion you have often told me is the best weaponization of the internet, of disinformation. it's not the stuff that targets someone, it's confusion. >> and it's really important to understand the debate we're having about technology is about whether move fast and break things, the philosophy that built facebook, has any business in democracy. i would argue the answer is no. we should not be having smartphones counting everything. this is not about the product, it's about the idea in the first place. and what you see going on now is this weaponization of social media and, frankly, cable television to get people in an agitated state. and there's a real focus on the bernie sanders audience because they have a lot of anger left over from 2016. so the older fans are more easily enraged. it has become a huge problem, because it's a no-lose thing for the trump people. no matter what happ

jack: sounds great, roger mcnamee thank you very much.id not respond back. marcus zuckerman said falsehoods could be given to a large on our platform. i don't think most people want to live in a world where you can only post things that tech companies judged to be one 100% true. in an earnings call last week he said facebook had more than 1000 engineers working on privacy related projects. we'll be right back with ideas we'll be right back with ideas on how to get better woman: friction points, those obstacles that limit a company's growth. i try to find companies that turn these challenges into opportunities. it's these unique companies with creative business models that will generate value for our investors. that's why i go beyond the numbers. that will generate value for our investors. through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from using feedback to innovate... to introducing products faster... to managing website inventory... and network bandwidth. giving you

collins, jake ward, assistant professor of communications at syracuse jufrt, jennifer griegal, and roger mcnameee on the state of the 2020 race when the filmmaker and bernie sanders supporter, there he is standing by, he made it, didn't party too late in iowa, he's going to join me live after the break. along with support, chantix is proven to help you quit. with chantix you can keep smoking at first and ease into quitting so when the day arrives, you'll be more ready to kiss cigarettes goodbye. when you try to quit smoking, with or without chantix, you may have nicotine withdrawal symptoms. stop chantix and get help right away if you have changes in behavior or thinking, aggression, hostility, depressed mood, suicidal thoughts or actions, seizures, new or worse heart or blood vessel problems, sleepwalking, or life-threatening allergic and skin reactions. decrease alcohol use. use caution driving or operating machinery. tell your doctor if you've had mental health problems. the most common side effect is nausea. talk to your doctor about chantix. introducing ore-ida potato pay. where ore-ida gol

i want to bring in jake ward and roger mcname.e who is concerned about this information and misinformation. i want to start with jake ward. jake, you and i have been talking about this for a long time. you have said for a couple years now this is what needs to happen. independent researchers need to get their hands on this data to figure out what facebook knows about us and how it may or may not manipulate us and how we can figure out the impact of social media on people's behavior. >> that's right, ali. an incredible moment. a historic moment. the idea that this research group social science one is going to get not just the small, surface amount of data you can get from any cursory look at facebook, but a real data set that will allow academics to look inside the company and see how are we sharing things across this platform. how does misinformation spread? how does a conversation turn into hate speech and does hate speech somehow stick in our minds more than the kind of innocent stuff that you and i might share about our familie

pain of tesla's recent surge more than the shorts, losing $8.5 billion in total in five weeks roger mcnameehere at post 9. >> i got my butt kicked. couldn't happen to a nicer bunch of people. it may be the battery driving the business but it's jet fuel that's driving the stock it feels like, well, 20 years ago, right for those of us who have been around a while, the late '90s saw that kind of action and it's fun to watch i can't imagine owning the stock because who knows, right it's so wild and this is what makes markets great, right because at the end of the day, it's about buyers and sellers, and the shorts, they can sit there and give you 100 pages of good data. you look at this and go it's an incredibly high priced stock, well disscovered and it has fan who support it it's a cult-like situation and wall street kweet ggets these fe to time. at the end, it comes back down to something realistic when does that happen? not until a lot of people have been burnt to a crisp. >> given your history, your pedigree, comparing this to 20 years ago. we've seen those examples with qualcomm stock and

roger mcnamee has been critical of facebook on raising its hand for regulation and not going far enough to the european audience. he is not as politically charged in europe and getting coverage of the regulators there to get them to regulate the more politicking ads. >> on that point, mark zuk rk's self-imposed regulation. market closing down s&p about 0.3% >> and nasdaq a record high. "fast money" begins now. >> speaking of the nasdaq live from the nasdaq, market site in new york he is's time square i'm brian sullivan trade resist tonight are tim city bike seymour. brian kelly and karen finerman and guy adami. coronavirus concerns taking down apple and the market but wal-mart warned and the market barely budged. are they saying the worst is behind us? plus tesla to 1,200. a bull case for the electric auto maker that will make eyes pop. and check out the mystery chart. almost

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