A headline that i found actually was geek boy from ireland and he tweeted at us and he said christ report fake customers in the restaurant an illusion of demand theres a kaiser report analogy in there somewhere and he was referring to an artsy headline that one german restaurant has found a solution to maintaining social distancing on his reopening manikins the family run businesses fail tables with plastic people in order to keep customers apart and create a vibrant dining atmosphere that is not creepy at all no not creepy. No its like that film airplane remember if they had the blow up pilot. Yes my ear. Yeah all kinds of mr fall out catch that film very missing well yes the potemkin villages in Northern Ireland during the crisis make it look like stuff was going on but there was Business Activity where there were no Business Activity so this illusion of demand is key to our modern economy because its demand 1st then supply is lay people think about supply 1st the demand like are goi
Thats what you see going on today, issues that are taken on are the likes of boeing and disney and exxon mobil with oil week and oil related issues and services are taking on as well. Earlier on i told you in the week whats happening in the front and of the socalled yield curve when one in three month bills were returning negative rates, if you want to park your money at a bank in a negative rate environment, your to pay the bank for the privilege of hanging on tour your dough, that is no longer the phenomenon right now as yields have turned positive on the shorterterm security. There was a flipside to the argument and theres less then a reason to move over to stocks. If there are no more negative, they are very, very low, they are extremely low but bottom line they are better than where they were. Lets get to read from hilary vaughn, the relief package coming from the house of representatives. They had some yelling and screaming going into this but their intense abating about in a pas
Who is falling behind . Weve got the latest l polls ahead of the big democratic debates coming up, and end of the month and then spacex reach for stars two big successes lodging rocket to space station and getting the giants space hop per, that even elon musk says looks like a water tower to blast off a the ground. Mornings with maria beginsing right now. Weve got a big program this morning joining conversation Fox Business Network Dagen Mcdowell and the brewer group investsment banker nfl star jack brewer great to see everybody today. Great to see you happy friday. My name better than you Maria Bartiromo. [laughter] rally up everybody. Dagen is in the house. Come on. So sweet. All right weve got gdp this morning that is important. Going to dig into that. So were expecting almost 2 growth 1. growth so things to watch out for ill jump ahead. Household spending infrastructure, investment and military buildup could contradict 4 percentage point to gdp but get a reversal inventory draw dow
Told Ryan Chilcote the country is heading into a recession if oil stays at 45 a barrel. The Current Situation 45 dollars a barrel and you expect that to be all year. In that case, the depreciation will be 4 5 . Oil price you are working on right now . It is a possible scenario. It is the worst possible. Generally, it will be higher than now. In case it is 45, the decline would be 4 or 5 . How long do you see the recession lasting . It depends on markets and we think that it will be 2016 are 2017. Or 2017. One of the price of oil stays low be on this year . We will have Something Like 170 billion. It is something around 10. The price will be around 45. The budget spending is for budget. It loses something with the oil prices. We have the budget. Ok. Lets get more and go to moscow. Lets get a sense of how confident the government officials are about the future right now. They are not confident. They are not showing yet. Theyre putting on a brave face. Things seem to have stabilized. The
Operations in russia but the lender insists its still committed to the region. Greek ranking stocks rally and leaders await a final proposal from athens on the debt repayment. They tell cnbc the new greek government must hone down its rhetoric. Words and sentences have meaning. They have is gravity. You cant talk the same way when youre a finance minister or Prime Minister than when you were just a candidate. Crude on the slide amid mixed messages from opec on global demand. Coming up we speak to the Mexican Central Bank governor. Thats a first about how his country is coping with lower oil prices. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. And we just had the monthly iea report out. Theyre highlighting the fact that the market rallied in late january on news on a steep job in the u. S. Rig count however they say supplies remain abundant and highlight the fact that it will take time to make a dent in production. They highlight five or six years