On this, and take the oil and find a place to ship it. That is proving to be a real conundrum for these markets here. There is a company, variety of companies that do this for a living including one called valpak. It has storage barrel systems i dont know what you call it all over the world, include places in singapore, rotterdam, theyre essentially saying there is no room at the inn. Weve run out of space for the space people are looking. Sort of a doubleedged sword here. The fears in the market they have not gone away. At love oil suppliers, their concerns have not gone away. A lot of wildcatters, smaller businesses if you take exxonmobils and chevrons out of this, to lesser extent occidentals host of others theyre still feeling the pinch. Not as much as you would think. Off lows early this morning but still down appreciably. So well be looking at the forward month contract where june is the most heavily traded at the moment. So we will keep an eye on that but we will also keep an ey
But dont take it from me. Take it from this jingle announcer its the late show with Stephen Colbert tonight, bleach bum plus, stephen welcomes john mulaney. And musical guest john fogerty, featuring jon batiste and stay y homin. And now, live on tape from a safe distance, its Stephen Colbert stephen hey, everybody. Welcome to a late show. Im your host, Stephen Colbert. Just hearing the band do the theme song is strangely moving. I forgot how much i missed hearing those guys its how many days . How many days have we been doing this . 40 days. This is the 40th day that i have been quarantined with my wife and kids. I feel like noah, but i only have one dog, and hes only interested in my leg. We all want haircuts at this point. I did something drastic tonight, i combed my hair in the other direction just for a change of pace and that was a bad idea. First of all, im getting a very p atrician flop over here. This the very mid70s jackson brown. Over here, theres a lot of empty real estate i
49 in oakland. 45 in santa rosa. Milder this morning through the 7 00 hours. Partly cloudy to the east bay. Well see sun, well need it. Temperatures in the low 50s by 11 00. By 2 00 in the amp we have mid50s out there tracking the next system coming into play by the second half of the weekend. Coming up. Things clearing out in time for the big name. Thank you. We are following dwefg developing news. A freeway shooting on 101. You see the bullet holes in the car, check it out. Happening on 101 near highway 85 in south san jose. Chp officers say someone started shooting if he f 150 truck the driver rushing the passenger for the hospital after being injured from shards of glass from the busted window. No word on her condition. Officers say gunman got away. Well keep you updated as we learn more. Well, they started the season with many thinking they did not have a at the playoffs this but this morning we are hours away from the San Francisco 49ers kicking off the first playoff game in levi
Right now, ambassador lighthizer is on his way which is why it is so curious to see the story being put out by the chinese, the wall street journal, you cant reach him at this very moment but, yes and this is important because both Speaker Pelosi came on mad money, this is a done deal, once you finish the articles of impeachment and the president wants this deal, talk about david during the break, but it is the one thing people seem to agree on in washington this is a good deal. And yet the a lot of the people i follow who are you get a democrat in the white house and companies are allowed to move back south again it not that adventurous to do so because of the big increase in wages. Those of us who do business in mexico can tell you the differential is not just cash. But it is also healthcare, where they have universal healthcare and this is a story about pollution control. Where both sides are now saying both democrat and republican, there may be some enforcement, plus control rules.
Improve the quality of both monetary and fiscal policies and in particular the public understanding of them. Under the under the very able leadership of david wessel, weve worked to promote analytical rigor but also to make complex questions relevant. Today one of the most vexing questions for people who participant in markets, but thats a different part of the world, is that inflation has refused to rise, much less persist, at the 2 targets. Key question is, why . While history will be the judge once the data has been interrogated, we dont have time for that, because todays policymakers and investors need to act and to do so require at least a rudimentary answer to this puzzle. Today we have gathered some of the leading experts in the world. Inflation didnt fall as much during the Great Recession as the models anticipated and hasnt risen as much lately. Is it dead or just dormant or has the death been much exaggerated. In my experience, wiped capitulation is the first sign of the bott