Business
The 11 year bull run for stocks comes to an end as markets are rocked by heightened concerns about the economic impact of the coronavirus pandemic. Stocks took a huge roller coaster ride during the week culminating with the Dow closing up 1,985 points, its biggest point gain ever and its best percentage gain since October 2008. The eye popping gain came after the Dow's biggest ever point drop and worst percentage loss since the Black Monday Crash of 1987. Extended market coverage with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and leading financial influencer, Gabriel Wisdom, Managing Director, American Money Management. The coronavirus emergency rocks the cruise line business. Cruiseguy.com President Stewart Chrion discusses the major cruise lines now suspending trips for 30 days. Many business conferences are being cancelled or postponed. Some are going virtual. Among them, the big Trans Pacific Maritime (TPM) conferecence in Long Beach. TPM Conference Chairman Peter Tirschwell with the Journal of Commerce (JOC.com) discusses the last minute cancellation of this year's conference and new plans to stage it online. Support the show.