Superbug in the U.S.; Market Morale; Remembering Jack Welch
Markets are attempting to come back from Wall Street’s worst week since the financial crisis amid mounting concerns about the coronavirus outbreak. Joe Kernen, Becky Quick, Mike Santoli, and BNY Mellon’s Liz Young discuss economic risks and possible Fed intervention. Infectious disease physician and author of “Superbugs: The Race to Stop an Epidemic,” Dr. Matt McCarthy warns that the United States will see more coronavirus cases and related school closures. Former FDA Commissioner Dr. Scott Gottlieb agrees that the U.S. should focus more on mitigation than containment as the virus spreads domestically. CNBC remembers former GE chairman and CEO Jack Welch. The man who played a key role in building CNBC and modern corporate leadership has died at age 84.
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