Google ceo eric schmidt. He was recently asked to join a committee to restart new york city. Cuomo has been doing a great job as a governor, especially compared to other governors. He has created a reimagined new York State Task force. The idea initially is to focus on three areas of issues. Telehealth basically, how do you deal with the medical system . Broadband, how do you participate in all of this if you dont have access to broadband . The third one is reimagining how we are going to work. How do people feel about going to those skyscrapers and taking the subway to do so. All of that will be addressed by our commission. David you expect to complete that work in a year or so . Eric we expect to have initial results in 36 months. The state needs help, as do all the states. This pandemic will go on for quite a long time. We had better get used to dealing with it, making adjustments. David youre also chairing a commission for the pentagon on artificial intelligence. You have managed t
This week with tesla mike khouw downshifts on the name and its time to risk less and make more. Options action starts now. Welcome to options action, we begin with crude oil, and the wti rallying 25 as investors bet that the worst is over for the energy space our carter worth says hes got the chart to prove it. What are you seeing, carter . Well, a bunch of charts something this happened this week, seven weeks in a row, the Energy Sector is up and thats only happened eight times in the 32year history of the sector and the probability of occurrence of 0. 5 what do we know . We know that the sector bottomed actually before the market we see on the first slide here that the Energy Sector bottomed on the 19th and aed there while the market went out and made its low on monday the 23rd we know this ricochet has been huge and were talking about double the market and it dropped 65 and the ricochet up 25 is twice that of the s p up 34 and then this is the interesting thing. The next slide youll
Day. Saudi arabia already scaling back production ahead of the may 1 deadline. Lets take a look at how markets are setting up. New zealand is closed for the anzac day public holiday. No trading in kiwi stocks. Seeing optimistic. Japanese future going higher going into the bank of japan decision where bond buying could be on the table. Watching the japanese yen as it passes through rumors and conflicting reports on the health of the north Korean Leader, watching for a risk asset. Side in asiane trading monday, reflecting the pickup in u. S. Trading friday although we are seeing u. S. Futures trending lower in the morning asia session. Saudi arabia has already started curving output ahead of the may 1 starting date for the opecplus output and production curve agreement. Four days of gains when it comes to oil prices. Shery global confirmed cases having an impact on the markets, approaching 3 million according to data elected by bloomberg and Johns Hopkins university. There are signs new
Lots of guests coming up mel Mellody Hobson will join us. Well ask if todays the start of a downturn or a buying opportunity. The ceo of icelandbased Decode Genetics will join us. What the company has learned about how the virus spreads. Its an interesting study. Lets focus in on the big stories we are watching in this final hour of trade. Bob pisani tracking todays selloff Courtney Reagan with plunging retail Sales Numbers and wilford. Bob, a little recovery weve seen lets take a look at the s p and call this one cuomo versus the horrible Economic Data because the markets once again, cuomo moves markets. 12 30, started talking about lower hospitalization rates, the market lifted at that time continuing to lift but cant compete against those horrible Economic Data sara was talking about. The energy, the banks, the small caps, the industri industrials, Economic News, they suffer the Energy Stocks getting pounded, even down double digits, some recovering off the lows like apache and hess
Recognize me of my tie was fixed. Just leave it this way. I do not consider myself a journalist. I begin to take on the life of being an interviewer even though i have a day job of running a how do youity firm define leadership. What is it that makes somebody tick . Talk about your career at bank of america and how you became the ceo because i think it is interesting. To go back to your background, you are from ohio and your father was a chemist . Brian my father was a chemist. David you are the sixth of eight children. When you have eight children you share a lot. Brian you have to be very aggressive of always getting your share, lets say that. David you went to Brown University and you are the cocaptains of the rugby team. Rugby is a top sport. Tough asit is not as banking. Brian nothing more powerful to see one of those scrubs. I was never in there, because i was not big enough. It is a fantastic teamwork game. That is consistent. The teamwork, all players participate consistently.