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tv   After the Bell  FOX Business  April 17, 2020 4:00pm-5:00pm EDT

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have had is our healthcare system was not prepared to do with the pandemic. so we think there will be an establishment of a strategic reserve of medical devices and pharmaceuticals. >> steve, portfolio manager, we end with a 704-point gain from the dow, have a good weekend. >> getting the country up and running again, stock surging on president trump's claim to reopen the economy in a potential new virus treatment i am melissa francis, happy friday. connell: happy friday am connell mcshane, what a finish for the major average, not only in the green but of almost 700 points for they're down, this is the second week in a row that we have seen a big gain for the market and it comes as our is the president is meeting with fake leaders at the white house.
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we will talk about that and will talk about the markets with box business team set up jackie deangelis following the action in the new york newsroom and blake burman coming out of the white house and hillary bonnie washington but with this rally, jackie for the second consecutive week. >> is a great day, friday for the market, we have experienced so much volatility but we've seen gains as a matter of fact for the last two weeks in a row, you have the dow finishing just the session highs waiting to see where it settles out but the gain for the day just under 700 points, it looks like and this has been on optimism about a number of things that perhaps we're getting to the right side of the curve when it comes to the coronavirus and the economy might start backup and you have stocks that have helped move the market along today, let's start with boeing because that was the one that has been absolutely crushed even before the coronavirus, boeing getting a breath of life after announcing
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it is going to be open, some production plans in washington state starting next week and it will give production back up and running with a new safety procedure coming in april for investors were very optimistic. the second piece of news with stock specific is gilead, there was some talk, it was leaked there was an effective trial with the gilead treatment, something that patients were using at the university of chicago as a phase three test that showed rapid recovery but gilead is not commenting on this, there is some problem and risk when you talk about trials that are not approved yet because there are trials for a reason, there still in a certain stage, incomplete, the company not commenting but the market excited because the sooner you get a treatment, more testing, possibly a vaccine, the sooner people will get to work. finally i want to finish with comments from larry kudlow, he talks about the second quarter in a realistic way saying it will be pretty awful and may
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will be the transmit month. a lot of bad numbers, 22 million people out of work, retail sales dropping like a tank in the market likes when they hear honest news and that is one piece of what we heard today. back to you. connell: thank you jackie, with a more than 700-point gain, let's get the latest from president trump to give us his suggestions last night andy's outline how the state should reopen the economies, blake burman following that, the news out of the white house. >> jackie was talking about the words from larry kudlow, so much for all the kind words of a different kind between president trump and the newark governor andrew cuomo as those two were going back and forth in real time, it started with the new york governor's daily press conference that he has in which he said states need more funding
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if it's going to be put on the states and the governors, he believed the state not only need more funding but they need help with more testing, that clearly caught the attention of president trump who tweeted out the following as cuomo's press conference was going on, he said governor cuomo should spend more time doing and less time complaining, get out there and get the job done, stop talking, he went on to say in another tweet, we have given new york farmer money and help and equipment to any other state by far in these great many women who did the job, never hear you say thanks, your numbers are not good, less talked and more action. after that cuomo fired right back. >> first of all if you sitting home watching tv, maybe he should get up and go to work, do you want me too say thank you, thank you for doing your job in helping build javits and sending the u.s. navy ship comfort, thank you for participating in a federal responsibility in a
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national crisis. >> governors will be the ones going forward and we heard from the president yesterday in making the decision on the ground with their states of what to do with reopening, today we heard from seven governors throughout the midwest, michigan, ohio, wisconsin, minnesota, illinois, indiana and kentucky who will be banding together like we seen with the governors, cuomo and others in the northeast, one thing to consider when you talk about the reopening plan that we heard the white house put forth last night by the time you add in the gating. which is the period to make sure that there is enough -- that the cases are coming down and influenza symptoms are coming down, that is 14 days, phase one another 14 days, phase two another 14 days, you're talking about 42 days consecutively before you even get to the phase three of somewhat normalcy if
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the governors choose to follow the timeline and the guidelines. back to you. connell: blake burman in washington. melissa: here not to react to steve forbes, forbes media chairman and also on president trump's advisory group to reopen the economy, i would ask what is your response to the way the plan was made out, do you think it covers the details, do you think it will work? >> i think the plan will work and i think they had provided an outline rather than specific details precisely because conditions very around the country, i live in new jersey where the hotspot in the most densely populated state in the union whereas texas and other areas can easy open up with undue risk, i think the six weeks is outermost for some of these areas and i think you see governors moving faster in some areas obviously in this part of the world it may be slower by
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giving governors flexibility, that is the key, the key thing is, they're moving forward to opening up the economy and i think the markets and the american people are heaving a sigh of relief and finally we make it more normalcy in the weeks ahead and i think it'll be faster than the six weeks. melissa: it was so frustrating when i heard governor cuomo say we have to stabilize the finances of the state, you cannot starve the state of income, i wanted to scream, welcome to our world, this is what you've done to all the citizens, i understand why they did it but he saying i'm writing a check against an empty bank account. my goodness, every business is in that position and every person practically is in that position and he's talking about how he cannot go forward without any sort of an income and it was as if he did not realize that all the people of his state are in that position to because they're stuck inside in the same team.
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what are your thoughts on that. >> you're absolutely right as you know new york state finances were in bad state before the coronavirus, they were facing a huge shortfall so this is no surprise, one of the thing this underscores is that washington has not done enough for small businesses, it's fine to have a six week plan to have most of the economies open around the country, we have a lot of businesses right on the edge. we all know what congress has not been doing and replenishing the ppp program, paycheck protection program but also the federal reserve has been dragging its feet on launching main street with owners conditions on businesses that $600 billion sitting dry not going into effect until may, there is a lot to be done for small businesses, governor cuomo may complain about the state but if you don't have vibrant businesses, small businesses you
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will not get the revenues anyway, washington will not be able to cover the deficit and while he's at it he should put in reform programs on taxes so people don't keep moving out of the state, texas is not in a good state financially, so is florida, no quinn i coincidence they restrain budget in a good tax system, wake up new york maybe this will be a wake-up call. melissa: you see even the government with good intentions as they tried to get the main street program going, the paycheck protection, everything that they do is slow and flawed and the only thing that you can do is get the customers back, the government can never save the date, they're just not designed to do the, isn't that what we should focus on is getting people back out safely? >> that is what the president's cautious program is, i think it'll be done at a faster pace in many parts of the country, also even with the slow pace by washington, the federal reserve has 600 billion-dollar program,
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that's been in the laboratory for several weeks, they should just shovel the money out, although local banks especially community banks and say make those loans to businesses before the crisis and will backstop you, the federal reserve has the authority to do it, another thing the president wants to do, congress may not is dual one-year moratorium on payroll taxes, that's a billion -- trillion dollars, 500 william dollars of more income for workers 40000 per person salary gets a $3000 annual raise, to have $500 billion less cost of labor for businesses, that you can do right away, you just don't collect the tax, they could do that tomorrow so those things government can do, the fed can do it quickly, you can do the tax holiday quickly and those are the things that would really help get the economy moving again as well as opening up of the president outlined yesterday steve forbes thank y
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you. connell: let's talk about small business, there is a standoff over new money as the funding for the relief loans did run out in just over two weeks, hillary bond is following all of this, we've been wondering if the deal would get done, she joins us from washington. what is the latest. >> there essentially still in a standoff, the negotiations will continue through the weekend, nancy pelosi has not been shy about stalling more money for small businesses in exchange for more hospitals. yesterday she said negotiate, negotiate, negotiate, that's what legislators do and it seems like her decision to use more money to the paycheck protection program as leverage could pay off because were hearing that house minority leader kevin mccarthy is open to the idea of adding more money for hospitals to a budget boost for the paycheck protection program.
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>> you're a business with 400 people and a good connection with the banker you will get it if your restaurant you're having real trouble and if your minority business, inner-city, rural they're all having trouble, we also proposed hand-in-hand with that $100 billion for healthcare for hospitals. >> republicans are pushing back against the narrative from some democratic lawmakers that this program is only benefiting larger companies in neglecting the small moment option, the small business administration detailing where the money has gone, the $350 billion, 74% has gone to applications for $150,000 or less to businesses that have 30 employees or less. >> i'm not saying this is a perfect program but i'm telling you there are millions of small businesses with less than 25 or 30 employees that have benefited from the program and 800,000 of them stuck in limbo because they're playing games with the ppp money and that needs to stop. >> the talks with secretary mnuchin have been constructive but they will continue over the
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weekend, the headline here, no deal today. >> hillary bond in washington. melissa: more than 2.2 million cases worldwide in nearly 700,000 right here in the u.s., local leaders grappling with how in when to reopen their economies as disease specialist warned aggressive testing is needed to prevent a second wave, we will have the latest on the pandemic this hour in the industry fighting to stay afloat. plus china under pressure, the city of wuhan, were advising the death toll up 50%, that is a big jump as global leaders continue to investigate the origin of the virus and if covid-19 was accidentally let loose from a wuhan lab, we are live from the chinese embassy in washington with the latest.
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melissa: looking for answers, fox news is learning new exclusives details from intelligence community sources about how the u.s. investigation into the origin of the coronavirus is unfolding. jillian turner is live outside the chinese embassy in
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washington with the latest. >> hi melissa, the chinese government reported new numbers overnight, we've learned essentially the original numbers they have been reporting out of wuhan, this is for a number of deaths, 50% higher than they had been reporting, officials have been ringing alarm bells saying the data out of china's unreliable, inaccurate now are getting a glimpse into just how far off these numbers may have been in u.s. officials are starting to speak out publicly about this investigation that we confirmed on air, take a listen to mike pompeo. >> we know the first sighting of this occurred within miles of the wuhan institute, we know the history of the facility where there's high-end virus research being conducted took place at that site, most importantly we know they are not permitted the
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world scientist to go into the laboratory to evaluate what took place there. >> yesterday fox news confirmed there is an intelligent investigation into the origin of the outbreak and today were learning new details about how the investigation unfolded, right now we learned intelligence analysts are looking into the wuhan institute of rolla g and what action chinese government took and when, once they got a complete picture on all of this they will present their findings and ultimately president trump will make a determination on how and when to hold china accountable. today china's government is punching back hard against the u.s. take a listen. >> we urge the u.s. to stop political manipulation, do their part and focus more on how to overcome the virus and boost the economy as soon as possible.
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>> a final point for you, we have confirmed with the intelligence community, as of now they ruled out the possibility that this virus was man-made and essentially engineered with a bio weapon inside this lab and that could change the investigation still ongoing but as of now that is a possibility that they believe more and more it was an accidental release of the virus into the general population. >> great reporting. thank you. connell: patrick has followed china for years, the asset management, i want to talk to in addition to what you heard about the chinese economy, we have new numbers come out but first your reaction to this reporting in this investigation that we now understand is underway into the origins of the virus. >> first of all i'm not a scientist or an intelligence expert, i cannot say more than what i hear but i would say is this, this question comes up in
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a context which is already heated debate in the united states of which direction it should take, should it be seeing china as an adversary who we try to cooperate with china and people already have different views on this, i think we need to be very cautious that what the truth is that we don't seize on the narrative, which side and be open to the fact as we know them, i saw comments from general riley yesterday said most of the evidence that he saw indicated that it came from natural sources but they cannot rule anything out, again i don't know anything more than what he says but i'm very cautious in leaping on whatever preferred narrative that higher others might want, let's wait for the facts. >> that's always been the problem or challenges with china
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and transitions back to the economic data because that's what we said for years will begin data, can we trust the numbers, but usually look at trends into that point we saw the chinese economy contracted in the first quarter which is never happened before, even if they have not told us what happened, they never come out and said we had this type of a quarter, obviously that is a rough spot but doesn't tell us that china went through a rough spot and coming out of it economically or that things are just getting started in terms of the downturn, how do you read the economy in china right now. >> china's economy took a hit, there was a big shutdown affecting mostly wuhan but a lot of other places as well, people by and large are back to work and things are becoming normal but the rest of the world has hit hard by this and so china is not immune to that as well. so things have been slow recovering and i'm sure the second quarter is not quite the same hit that they seen in the first quarter but it's gonna be harder getting on track.
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i think that's an indicator of what we can perhaps expect for the rest of the world as we try to get back to work, it's not an easy path and there's things that need to be done to smooth away. connell: i was wondering about that, you live there and you lived here now, isn't that an apples comparison since we've been doing that or having a debate of water economy looks like and what people are willing to jump right back in or companies come right back or v-shaped or u-shaped, you know all those debates, is china the model you are watching in terms of how were going to end up bearing. >> china went through this first and so they initially took the hit from the closures in the taken the hit now from the rest of the world closures, i don't think were in the exactly the same position, i do think there are some things to take away, first of all as a country like china took this seriously and thought they needed to shut down their economy, i think we should
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take away something from that that it is quite serious. and if we look at the experience of wuhan, it was about a month after the peak that they begin to feel confident about lifting the restrictions. so right now new york is experiencing its peak in other parts of the united states are not quite experiencing the peak yet and so looking at mid-may, about a month from now, is a realistic scenario for starting to get things back to normal, that is probably a realistic, there's really two things that are important, when we look at the outlook for the u.s. economy, the first is relief and the second is testing. those relief checks to families and businesses to keep them together while we go through these closures, the sooner that
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the checks get out, the sooner that people get them, the less permanent damage that is done that people will find themselves in deep economic difficulties and have to find their way out, stimulus, it's not really about stimulating the economy it's about trying to keep. connell: right, the testing everybody agrees on that, we will talk more later in the show about that but governor cuomo said mid-may so that does track with what you're saying in terms of a month out from the peak, good to talk to we will talk to you again soon. patrick on china, u.s. story mostly. melissa: intensifying backwash, thousands are protesting stay-at-home orders across the country as governors from key states are announcing plans for reopening. plus the push for testing but not all studies are created equal. ♪
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connell: a major hurdle in the coronavirus battle, unproven in accurate antibody tests have flooded the consumer market in new york and more with this. brian. >> let's begin with the new study on antibodies, this came out of santa clara county california this came out last afternoon, it suggests that coronavirus be world's pride in the united states than the confirmed case count suggests. the stanford administered about 3300 antibody test in the beginning of april 2 weeks ago, the study found that up to 4% of those tested positive for antibodies which indicates that a person was infected by but based on this study, scientists estimate 48000 - 81000 people
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actually had the virus at the time, the number of infections is 50 - 85 larger than the number of cases currently detected in santa clara county, antibody test can tell us the real covid-19 fatalities and infection rate, it can help trace hotspots and tell us who is immune and safe to go back to work, scientists are stressing more research is needed. >> i think there are a lot of questions that we still have to answer, about immunity and immunity to the virus and whether or not infection has immunity and how long it last, is there a certain type of antibody required and none of those questions have been answered yet. connell: there are real concerns about accuracy, currently only four antibody tests have embedded the fda emergency operating station process but at
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least 90 unproven test antibody test have been allowed to flood the private market because the fda relax the rules in march to ramp-up the testing so the fda is insisting that they are vetting and validating these tests but even the uk government is not immune, reportedly spending $20 million on faulty test that were manufactured in china only to find out that the antibody test did not work. connell: another thing to watch, brian, thank you in new york for us. we won small businesses stuck in limbo, we will talk to the president of the community bank about the loans he has processed and how he's responding to the shortage of cash coming up next, the daily briefing from the coronavirus task force has been delayed, president trump is expected to speak to reporters at 6:00 p.m. eastern in a decade in the making, nasa announcing spacex will launch two
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astronauts on a mission to the international space station on may 27 marking the first time the rocket will carry astronauts into orbit from the u.s. since nasa's space shuttle program retired nine years ago.
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accepting applications but earlier this week we spoke to one business owner who is able to receive the money. take a listen. >> i use a small community bank, security federal, the second thing we were ahead of the process because we had heeded the advice and that was to get all of your payroll and information together. so that was a six-day turnaround and that is pretty doggone awesome. melissa: here to discuss is scott hagler, president of the security federal bank of midland market who helped him get his loan, thank you so much for coming on, were trying to help people navigate the process, what did you hear as far as the government or of the pool of money running out, are you still processing people and then got word that the money is gone or will happen. >> melissa, thank you for having us on today, i appreciate being a part of the show, we got notification from the sba that the funds were exhausted, what
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were continuing to do is accept applications from the people who did not get in the system in time and we will hold those applications until such time, hopefully the government will approve a second round of funding. melissa: we know they're fighting about in washington but you heard bill dukes who is happy to come on and say he got the money and he was one of the first people we spoke to who had worked out for thanks to your bank he said the secret was getting ahead of the process that he had downloaded the paperwork and done all the work before the plan was even approved so i wonder if you would give people the same advice right now, rather than being discouraged that for now the money has run out and instead they should still be working on the application of getting in line in case washington gets their act together and gets the money rolling again. what do you think. >> absolutely agree with that
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100%. i would go ahead and tell the folks to get the application completed, get your payroll information in order and submit it to your bank or bank like us so we will be ready the next time funding is approved very soon. melissa: did you approve everybody who came our way, there's a bit of a controversy going on about who deserves the money and what businesses have bigger needs than others, how did you guys decide who to advocate for. >> there are certain qualifications that you have to meet through the sba in order to qualify and if the businesses met those qualifications, we did not turn anybody away. so overall, we have processed roughly 700 of the applications and gotten those approved, we have funded about 150 of those
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so far and were continuing to fund them by the hour. as long as the business qualified for the sba guidelines we did not turn anybody away. melissa: what is the response like when you get to tell someone that they get the money, what happens on the other end of the phone. >> it is an awesome feeling, not only for us but for the borrower in the business, i tell you firsthand that the folks around columbia are just very excited to finally get some money on the loans, there has been a lot of conversation about banks not being able to get these loans processed and some banks have chosen not to even do them, that is not who we are as security federal, we have a 98 year history of serving our communities, this is just the new testament of how we uphold our corporate mission of helping
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people and changing lives. melissa: scott, thank you for coming on, good luck, we appreciated. connell: a great follow-up on the story. in the meantime thousands of protesters descended on the capital nationwide over the stay-at-home orders, will talk about how governors are responding next. >> michigan is in dire strength now, we need to get to work, we need to open up it is time ♪ ♪ with coronavirus spreading, people at higher risk must take extra precautions. you are at higher risk if you are over 65, or if you have an underlying medical condition, like heart disease, chronic lung disease, diabetes, or if your immune system is compromised for any reason.
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melissa: protest in the midwest over stay-at-home orders with governors from seven states coordinating efforts to reopen their economies, grady trimble is in chicago with the detail. >> growing frustration in many states especially in the midwest with protesters urging governors to rollback their restrictive stay-at-home orders, and minnesota protesters gathered in front of democratic governor holding signs with messages like open up minnesota and no more shut down. at the same time he did expand outdoor activities under his
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stay on order to include golfing, boating and going to the shooting range, today's protest in st. paul in kentucky, after thousands rallied in michigan earlier in the week and the sheriff say they will naturally enforce the governor stay-at-home order. >> if somebody is in the middle of the lake and the way from everybody or on their lawnmower a hundred wa yards, we don't wat them bottled up inside the house and drink alcohol, i think that is reasonable. >> michigan and other states are part of the coalition in the midwest to look at reopening their economies, governor gretchen whitmer of michigan and mike of ohio are eyeing may 1 for a partial opening but with some changes. >> the world that we are going to see is a different world in the world in the workplace is going to be different. you will see people with masks, a lot of barriers, distancing, all the things that we have talked so much about, the
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workplace is going to change. >> president trump sending his support to the protesters in minnesota tweeting liberate minnesota, he shared similar tweets to virginia and michigan where there have also been protest. melissa: thank you. connell: opening up america again, that's what the document is called as president trump unveiled the guidelines for reopening the economies in various states, were joined by the director of duke university center for research and this seemed that the suggestions for the governor seem similar that you have put together in a phased reopening, are they getting it about right and what they're telling people to look at. >> i think is very good framework or outline for how to go forward, the proof is in the printing when we turn the big ideas into specific steps that
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governors and people across individual states will have to implement in your starting to see the incremental steps now like governor abbott in texas announcer retail to go program like being able to get food at a restaurant and take out and careful circumstances, those will be the early steps that we seek to implement the plan but it's going to have to be a comprehensive plan at every state level building on framework in order to succeed >> the things we hear over and over from andrew cuomo and others that they need more testing, it seems like were improving on a daily basis more and more test but now it seems that maybe on the diagnostic side we've hit a plateau, what is going on, don't we need more capacity and to ramp this up if were going to get serious about the reopen? >> we do, just like in april the
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surge were dealing with an increase in covid-19 cases with around ventilators and hospital beds, and may enable reopening the happens faster, there needs to be a big surge around diagnostic testing, the amount of diagnostic tests themselves, the test kits is increasing so were up to over 1 million test a week that can be done in with the country that is growing and that will go a long way in providing the support for identifying and containing any new outbreaks where we still have gaps in all the material that needs to go along with a test like the swab and the chemicals, also making sure we have system set up in every state community to match up the test with the people who need them and get the results available quickly so you can use them effectively to contain the epidemic. we still have more work to do to get the test were there needed.
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connell: my other question about the timing of the specific states for example in new york we've been the hardest hit but the curve started to flatten and the trends are starting to look better, should new york -- is seems to be well you better be careful in new york you don't want to see a resurgence but should a state like new york or new jersey places that are peaking and starting to improve the states that are opening earlier rather than some of the states if they have fewer cases going up on the curve or do you look at the states that were not hit as hard. >> in our analysis one of the key factors to watch is whether a state healthcare system or community health care system is able to handle any increase in cases that might come if there is an opening up in a bit more resurgence of the virus and at the same time be able to move in
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to identifying and tracking down contacts when new cases occur, that is very hard to do and they have a lot of case active in with the healthcare system is preoccupied. i think new york should start planning fully opening and make sure they have a margin to actually do the track in place of cases and keep their healthcare secure. other states can do that sooner. connell: the track and trace, that is interesting i want to ask about another big story today, the stock was way up for and the optimism over remdesivir used to fight ebola in the leak to a news organization about the clinical trial going on and i noticed the it ih institute of health put a release out saying this drug has prevented disease
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progression in monkeys a code 19. the development surrounding this of course everybody wants success on the therapeutic side, what should we take away from what we're hearing about this particular treatment. >> like everybody else i hope we get effective treatment for covid-19 as soon as possible, this is an incremental amount of data that bears on the point, more important are bigger trials underway now that have people randomizing treated with a drug versus not getting treated, the information will be out in the next month or two so we will know more than also important is the lot more treatment the development and a lot of test underway to accelerate that development, things you'd never seen before with nih and fda working closely with industry to design trials efficiently as possible and get the results faster. i think we will need more, we need more opportunity to act on
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and treat the epidemic, an incremental piece of information that is relevant to the progre progress. >> we will take it, any progress. thank you once again for coming on we appreciate it and we will check back with you. melissa: students in limbo, colleges and universities are weighing options that could close campuses for the rest of the year, the latest on where things stand plus an hour from now the coronavirus task force is set to give an update on the pandemic.
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and private clouds, and hybrid clouds- things can get a bit cloudy for you. but now, there's the dell technologies cloud, powered by vmware. a single hub for a consistent operating experience across all your clouds. that should clear things up. their medicare options...ere people go to learn about before they're on medicare. come on in. you're turning 65 soon? yep. and you're retiring at 67? that's the plan! well, you've come to the right place. it's also a great time to learn about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. here's why... medicare part b doesn't pay for everything. only about 80% of your medical costs. this part is up to you... yeah, everyone's a little surprised to learn that one.
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thumbs up to that! remember, the time to prepare is before you go on medicare! don't wait. get started today. call unitedhealthcare and ask for your free decision guide. learn more about aarp medicare supplement plan options and rates to fit your needs oh, and happy birthday... or retirement... in advance. sprinting past every leak in our softest, smoothest fabric. she's confident, protected, her strength respected. depend. the only thing stronger than us, is you. melissa: colleges and universities considering the next step for the remaining academic act as the cares act
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gives out $14 billion for education. gerri: that's right. $14 billion for colleges and universities. half of that must go directly to students. you might be surprised at some of the the institutions that qualified for tornado like harvard. the amount each cool qualifies for is the result of a complicated form thank in the cares act. at the heart of it is the proportion of students using pell grants. harvard is slated for $9 million and has an eve -- even endowmenf $100 million.
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higher education has experienced significant disruption due to the coronavirus pandemic. what's more, experts say is it's harder to break into an endowment than it might look. it's certainly not a checking account. >> nearly 80% of those dollars are restricted funds. those restricted funds are different than pulling on liquid cash. gerri: so the big question is how do these schools spends the other half of the money, the money not earmarked to go directly to students. at the end of the day it's taxpayer money. melissa: absolutely. we know you will stay on top of that story. gerri willis, thank you so much for that. thank you for watching us this
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week. we have a market up 704 points on the day. that does it for connell and i. "lou dobbs tonight" starts now. [♪] lou: good evening, everybody. a number of important developments and all of them related to the wuhan virus contagion. the chinese coronavirus continues to spread around the world, infecting millions, killing tens of thousands of people. today the united states mounted what sources call a full-scale investigation of china's cover-up of the spread of the deadly wuhan virus while it was killing citizens in the hubei province the president xi jinping was

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