Italy pare down its economy to essential services. The United States tells citizens to reconsider travel abroad. 125,000. Ses to pass manus warm welcome to daybreak europe. A spectacular implosion in confidence in structures, government response, and the fiscal response from the United States. We have recovered some of the ground, 1. 5 . Australia edges a bear market. Travelstaring into a no edict from the United States of america. 17 trillion in aussie response mechanisms on stimulus. Trying to avoid a recession for the first time in 30 years. To the bond market, jp morgan warned very clearly about the threat to the bond market. 0. 5 is on the way. Trump spoke and they shredded the treasury market. Down by 15 basis points. The fed is galvanizing itself. , 175 billion. O global headt is the of flow Strategy Solutions at societe generale. Good to have you with me. First take, i would say it is an implosion of trust in confidence in response from the u. S. It clearly is a major issue. Wh
We have your statement. It will be including the record in its entirety and under the circumstances, you can deliver it in its entirety if you wish or summarize, either way. I will summarize it. I am here to provide a frank response the questions regarding the Exxon Valdez Oil spill and to describe our continuing efforts to deal with its consequences before this i do this however i want to express sincere regret as to what happened on behalf of all the employees of the exxon and certainly on behalf of myself. I really cant tell you how sorry we are this disaster occurred and we are particularly sympathetic to the impacts on the residents of alaska and in particular those in the Prince William sound area thats where the difficulty is really creating a great deal of problems for those people. As has been said many times this morning and by us earlier than this we take full responsibility and weve done so from the beginning and well continue doing all we can to clean up and mitigate those
You ready for me, mr. Chairman . Yes, mr. Roe, we have your statement. It will be included in the record in its entirety. And under the circumstances, you can deliver it in its entirety or summarize, either way. Ill just sort of summarize it. Ill here to provide a frank response to questions regarding Exxon Valdez Oil spill, and to describe our continuing to efforts to deal with its consequences. Before this, i do this, however, i want to express sincere regret as to what happened on behalf of all the employees of exxon and certainly on beha of myself. I really cant tell you how sorry we are this disaster occurred. And we are particularly sympathetic to the impacts on the residents of alaska and particularly those in the Prince William sound area. Thats where the difficulty is really creating a great deal of problems for those people. As has been said many times this morning and by us earlier than this, we take full responsibility, and weve done so from the beginning. Well continue doi
Ill is up rise, either pie. Ill summarize it. I am here to product response to the oil spill and designed with the efforts to deal with the consequences. Before i do this, however, i want to express sincere regret as to what happened on behalf of all the employees of exxon and certainly on behalf of myself i really cant tell you how say we are sympathetic and particularly those in alaska and the Prince William sound area and thats where the difficulty is creating a great deal of problems for those people. As weve by, and we will continue doing all we can can in spilling up the and theyve already been this uponment in the area, and high the skies make it a particularly different problem. A few comments about the spill to put it in perspective and its been changed many times. The spill is 240,000 barrels that occurred early on march 24. We have other factual information. The weather was clear. The ship had no known mechanical difficulty. A change was requested because of ice and the outg
Walmart today. Absolutely. Even though the stock is up sharply as i said. And that does not matter to me because i think the stock continues to go higher you have to reevaluate how youre going to look at this company in terms of the growth that they are producing right now. This is about multiple expansions this is about a company that were pricing at x ike i think its time to price it as x plus clearly the purchase of jet. Com was just a sensational purchase and youre seeing evidence of that right now i bought it today. No problem buying it up 8 , its going higher. Josh, comps best in eight years. Grocery comps best in like six years. Im saying do you remember youve been talking about this stock for a long time. No doubt. We called the breakout in the 70s. And i remember some very heated arguments here on the desk about, oh, they overpaid for jet. What have they added since they bought jet, like 30 billion in market cap they underpaid for jet it was worth so much to this company becau