What exactly defines crazy town . Its the worshipping of the false god of higher oil. Or even the demigod of slightly higher oil. This bullish stock pandering to the rising stock of oil was a threefold impact on the market that defines crazy town because its so darn positive. Why do the bulls like what do they like about all of us paying more at the pump or having our goods be more expensive because of the cost of energy . First to the crazy town aficionados, higher oil means less stress to the system. We are nowhere near the point where we dont need to worry about oil and Gas Companies going belly up. We need it at 45 a barrel to keep most Companies Alive in this country. Theres some cheaper oil, but its being used up by cash strapped firms going after the lowest hanging fruit in the portfolios. Trouble with Oil Companies can sell futures and lock in, say, 50 bucks a barrel which keeps them around to play on and maybe pay dividends. At this moment were 9 away from that 45 level even a
False god of higher oil. Or even the demigod of slightly higher oil. This bullish stock pandering to the rising stock of oil was a threefold impact on the market that defines crazy town because its so darn positive. Why do the bulls like what do they like about all of us paying more at the pump or having our goods be more expensive because of the cost of energy . First to the crazy town aficionados, higher oil means less stress to the system. We are nowhere near the point where we dont need to worry about oil and Gas Companies going belly up. We need it at 45 a barrel to keep most Companies Alive in this country. Theres some cheaper oil, but its being used up by cash strapped firms going after the lowest hanging fruit in the portfolios. At 45 so far from here the trouble with Oil Companies can sell futures and lock in, say, them around to play on and maybe pay dividends. At this moment were 9 away from that 45 level even after todays big run. Thats pretty darn fun. Anytime we get away
Testing the elements of free speech. And the photographer who is dismantling stereo types one portrait at a time. And we begin tonight with the anger inside ferguson, missouri and around the country, and what is being done about it. It has been one week since the grand jury decided not to indict a Police Officer in the killing of an unarmed black teen. Students walked out of dozens and high schools and colleges today. Tonight things got heated. Jonathan martin is in ferguson with more. Jonathan. Reporter john the meeting wrapped up just about 30 minutes ago. It started normal and peaceful, but things quickly changed. The commissioners really had to scrap their agenda. Many people these commissioners are out of touch with the community. I havent seen any of you out there outside when theres a meeting. People are tired of meeting to meet. And we are honored that you all have credentials, and you are educated, but you do not reflect the community we live in. Reporter and again, john, this
Sony pictures hacked. Massive breach compromise personal data of executives and employee. The government blamed north korea which depended being behind the hack. Another large scale cyberattack on Anthem Health insurer which affected millions of customers information including Social Security numbers. Before that the victim was retailer target. L 40 million customer records were stolen. Is. President obama says enough is enough. Heighten the country response to cyberattack. Earlier this week the president announced the creation of a new Government Center for cybersecurity to coordinate Threat Intelligence gathered from the fbi and other federal agency. Tomorrow mr. Obama will sign an executive order directing the government and the private sector to share more information about cybersecurity threats. Ray roth ceo of a Security Firm is at the president summit tomorrow. He says its a good defense against the breach. Best way to defeat is to share information as quickly as possible so tha
Why their attempt to talk to their customers about race is stirring up a new controversy this morning. And good morning, america. It is a very exciting one here in times square. We are celebrating 50 years of the sound of music and take a look outside. That is the new york city childrens chorus. They know all the classics and great to have them with us. Well all be singing along and diane sawyer with us this morning to share behindthescenes secrets from the beloved classic, a sneak peek of tonights big special. We are going to begin with that breaking news overnight. A death threat against caroline kennedy. Japanese police are investigating and Abcs Martha Raddatz has all the latest. Good morning, martha. Reporter good morning, george. The threat was phoned in to the embassy itself. The caller threatening to kill ambassador kennedy and tokyo police are taking it very seriously saying they are actively investigating this threat. There were additional Death Threats reportedly made to the