Need and it is energy and tesla, paypal, square a lot to talk about. Your traders are not here. But i still know who they are. And the top story has been Energy Following the killing of the iran general on friday and the last couple sessions, the loss has been wiped out because the world is still awash andoff supplied in the price of oil. Weve been speaking to the biggest names about what is going on and why we did not see a bigger spike weve chatted with ceos of chevron, patterson gti, marathon oil, their first interview in more than five years and pioneer will be airing on Worldwide Exchange tomorrow. Lets talk about oil and gas as well speaking of chevron, that stock fell along with oil. Not just because crude oil fell, but because bank of america and Merrill Lynch downgrading to an underperform so guy, are you surprised at like the question we asked every ceo here that the price of oil has not spiked higher given what happened on friday enjoy yourself down there, thanks for invitin
To me, the patriotic alabama and joe mansion of west millionaires, there is a group virginia. Incentive tove together, that has certain ideas vote against impeachment. About how to fix this problem. Sonali Abigail Disney is a very on the republican sidethey are o interesting billionaire, whos been very vocal about disney itself, how much they pay their represent largely democratic states and they could have tough ceos relative to the workers. There was a great profile about decisions when it comes to how to handle the impeachment trial. Patriotic millionaires and her there could be a couple role in it. Other people involved are the of them either way. We are talking about the actual air of oscar meyers, mens conviction. Wearhouse. It is not that millionaires what about the procedure issue . Themselves are not looking at the issue and saying we need to the speaker was trying to get do more of our part here. Republicans to agree to a trial. A cnbc poll recently said that they need six vo
That House Democrats may be too afraid, too afraid to transmit their shoddy work product to the senate. Mr. President , looks like the prosecutors are getting cold feet. Neil whether it is cold feet or whatever, the fact of the matter, it is unusual, not unprecedented for the house after impeaching to say, wait a minute, well see exactly what the senate plans to do before we pass along the articles of impeachment to the senate. Wall street journal Global Economics editor jon hilsenrath, democratic strategist capri cafaro, exactly how long the markets will ignore this uncertainty. It is rather remarkable, if you think about it, jon, by and large, actually throughout this process the markets have focused on everything from trade, corporate earnings, the strength of the consumer, the market, housing, not a one, not a one on impeachment. What do you make of that . Well i mean i think the market sees an economy that is doing pretty well. Were going, were in our 11th year of economic expansi
Of those involved in made several arrests. The largescale protest is also planned for new years day. Global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I Mark Crumpton. This is bloomberg. Scarlet i am scarlet fu. Taylor this is Bloomberg Markets the close. Arlet forget call and think oil. President trump set up polymeric trade deal is done, sending crude lower. Cofounder Travis Kalanick steps down. We have all of that and more coming up. Taylor first i want to get a look at the markets. The tech sector, i know i am in San Francisco and you think it is all i can talk about but i continue to be astounded by the tech market. It is a big out performer. Today not a ton of movement but on the year it is the winner. Tesla about 420 a share. In my world, another day, another record for shares of tesla. I know you are also taking a look at the 10 year. We were talking about this global bonds selloff, the ri
Morning. And yields, highs of the day with the ten year approaching 186 now. Road map begins with that blockbuster jobs report. Futures point to a strong rally at the open as employers add 266,000 jobs last month. Top white house economic adviser larry kudlow will join us, first on cnbc. Well talk about jobs, the markets and who knows what else. And uber safety concerns, Ride Sharing Company disclosing thousands of assaults in the past couple of years stronger than expected november payroll number boosted by hiring and healthcare, restaurants and transportation the return of those gm workers from their strike also played a role in auto parts wages up 3. 1 from a year ago looking for a little less than that, which had some wondering whether or not inflation is returning to the narrative. I think that you can actually look at a couple of the numbers different ways if you actually adjust the cost. You dont see that you just see 1 . I will say as i said in the tease i did with the people f