Ep 487 | Dow Drops Over 2,000 Points. Here's Why You Should Not Panic

Sara Gonzales Unfiltered

Blaze Podcast Network

News, Politics, News Commentary

4.8 • 5.8K Ratings

🗓️ 9 March 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Global markets dropped drastically today. The U.S. stock market had to pause for 15 minutes to circuit-break the system after it dropped 7% shortly after opening, but the panel says this is not the time to panic. And presidential candidate Joe Biden says he wishes President Trump would "just be quiet" on the coronavirus. He's one to talk! And despite his many gaffes, Joe Biden continues to beat Bernie Sanders in the polls, sometimes with a double-digit lead! But Bernie Sanders fights for higher poll numbers by releasing details of his new "health" plan that will offer free abortions and no more teaching of abstinence in school. Today's Sponsors: Wake up to America’s coffee! Go to https://blackriflecoffee.com/why and enter the discount code WHY to receive 20% OFF your first order of any coffee products (including Black Rifle Coffee Club!). iTarget Pro is the first dry fire training system to combine smartphone technology with the industry’s best laser bullet. Go to https://www.itargetpro.com and get 10% OFF PLUS FREE SHIPPING with the offer code NEWS, when you purchase the iTarget Pro system. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Today on The News and Why It Matters, a global markets plunge over coronavirus fears.
0:05.8	And also Joe Biden now has a double-digit lead over Bernie Sanders in national polling.
0:10.7	We have got a lot to get into this Monday and it starts right now.
0:21.8	Welcome to The News and Why It Matters.
0:23.5	I am Sarah Gonzalez today joined by the one and only Mr. Glenn Beck himself, which is
0:29.0	fortunate because we've got a lot of coronavirus and doom and gloom to talk about.
0:33.3	Yes, so we're glad you're here.
0:35.3	That's where it's for tea.
0:36.3	That's your specialty.
0:38.4	Rob Eno plays meteor critic Rob Eno back in the house and as well as Aaron Collin, the blaze.com's
0:44.0	own Aaron Collin.
0:45.3	Thanks guys for being here.
0:47.2	So global markets, Glenn, I know that you covered this heavily on radio this morning and it
0:52.2	was all kind of trickling out as you were on air, was it not?
0:56.9	Yeah, if we're talking about the global markets, the global markets, when it opened, we went
1:02.4	down 7.39 I think and that triggered the close of the market, which doesn't usually happen.
1:11.0	It'll close three times.
1:12.7	It'll close the first warning is 7%.
1:17.4	If it falls more than 7%, it'll close the market and they wait for 15 minutes.
1:23.2	Then if it falls 13%, they will close the market a second time wait for 15 minutes.
1:28.6	It's going to give everybody a cooling down.
1:31.2	And then if it falls 20%, they close the market for the day.
	...

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