Obstacles facing oil and gas and why the lock downs are a big deal but may not change much longer term. It is friday, october 16, and this is Worldwide Exchange. If i have it right, i think that is the black key and the song is 10 00 a. M. But were playing it at 5 00 welcome from yfr wherever in th world you are watching stock futures right now are in the green but lets be carefully here, they are basically flat. Dow futures are up 9 points, so in the green, yes, nasdaq up 22, but got a long i way to go the big money question on this bring is whether today will mark a rare four day losing streak for the nasdaq were down previous three sessions, although amazingly were still higher on the week outside of stocks, the big winner this week has been bitcoin. Thats right, up 4. 5 . Climbed earlier back above 11,500 bitcoin has been the winning asset class coming into a friday lets go around the world and it is looking like a nice session in europe as well. Lets ghets t get the trade, geoff c
Then later he tweeted that he would be willing to cut some checks for americans, extend aid to airlines. Joining us now is kevin cirilli. What is really on the table right now . A small, piecemeal approach. Mark meadows was saying earlier that they are still pressing for democrats to do a piecemeal approach. That is a nonstarter with nancy pelosi. The developments coming as the president tweeting that no fiscal stimulus deal would be on the table until after the election. Should biden went on november 3, it would also mean that a fiscal stimulus deal would still come in the lameduck and even in the first calendar week of the year. Guy you are outside of the debate site for tonights debate. How consequential will tonight debate before the outcome of the election . Kevin republicans are hoping to have some type of major trajectory shift. Vice president pence is one of the leaders inside President Trumps inner circle as it relates to the coronavirus response. He is also trying to send bas
You go to safety. Youre going to buy volatility, yields, bonds, and the dollar. 10 year yield now 75 basis quite a move from just a few days ago. Crude battered, beaten up today. Less demand for those oil prices. Guy absolutely. Lets recap where we are and what is going on. The german chancellor Angela Merkel currently meeting with heads of the german states. We are going to hear from her we think when that meeting wraps. We are probably likely to hear from her as well tomorrow morning. We are also getting Emmanuel Macron a little later on. Both countries moving toward more restrict of lockdowns. Lets get the latest. Maria tadeo joins us from brussels. Theres a lot of ideas floating around. None of this will be official until both Emmanuel Macron and Angela Merkel speak. The idea is we are moving into something that looks like a fulltime lockdown in the case of the french government, that we understand is seriously considering a onemonth lockdown that would start thursday night, going
This is ferro at his worst. [laughter] his cruelest. Thering mr. Betts into conversation this early, we say good morning on Bloomberg Radio in boston. The red sox, worst in the american league. And we move on from there. 15 days until the election. Schenker earlier, is there going to be a debate thursday night . Is that still up in the air . Jonathan we understand there will be a debate thursday night, but who knows . Thats the problem for this market. My question coming into this week is basically how much of the mediumterm outlook hinges on what happens in the next two weeks. How many of our Market Participants have come on this program and actually believe that . Tom we have two people could talking melt up. Ben laidler at our hudson and Chris Verrone at tower hudson, and Chris Verrone. He is looking at the number of stocks above their 200 Day Moving Average and other smoke and mirrors to really get him a bullish cast. You wonder if it is the markets expecting out into next year. Jo
Population and jamie dimon is a guy who he is defending the status quo is part of that front line to keep the. Real price discovery and real money out of the system he preached to protect or of the out money and all the fake price discovery that goes with it and all of the financing of wars and corruption that goes with it all the nickel and dime ingin and failure to perform even basic banking skills that go with it the ability to pay off the billions and tens of billions of dollars of fines hes been levied because of his law breaking his recidivist law breaking over and over again and now his day is just about over i suspect hell be retiring in the next 6 to 12 months because out of utter disgust and shame he really needs to just leave so they were fined 37000000000. 00 over the past 10 years since kaiser report has been after on air and weve focused of course in that time on the crimes they were committing like the rigging of the Precious Metals markets we were talking about in 2014