Today. We are seeing crude fall 13 when it comes to w. T. E and the phillipines, that is one of the weaker side. But when it comes to the june ontracts, down 4 to 19 bucks. Look at what it comes to w. G. E . We are hovering around the 11 mark when it comes to new york crude, down 13. 6 . We mentioned about the United States oil fund, the largest oil fund in the world selling off e and ingsings in w. G. Unexpected move. Lets get more analysis with jp morgan asia yeah strategist. Is this starting to hurt the equity market . I think the moves that we are seeing in the oil complex is very, very specific. And looking across massive impacts doesnt i think the easiest thing to see the forward looking long data futures on Oil Prices Remains rather stable and it is not assuring. And the weakness we are seeing the new york futures is specific to the supply and storage they are seeing. I wouldnt put too much into that will market at this point. Interesting you say that, there is a divergence and
In 2009 when the last crash when it was just 12 trillion 6600000 unemployed last week thats on top of the you know millions of others in the previous weeks 5. 5 plus its 3. 6 plus blah blah blah so now we have 17000000. 00 unemployed thats over 10 percent Unemployment Rate and of course during this chaotic time during that announcement of the new unemployment numbers we saw the fed introduce some new sort of 2. 00 trillion dollars scheme whereby theyre going to buy high yield the bond e. T. F. I jumped at i e well the fracking debt all that fracking debt thats blowing out right we knew that fracking industry was going to go belly up and that it would require a government bailout we said that was a 100 percent guaranteed and we were right you know us thing but Mainstream Media not only are they forced to be broadcasting other basement but only channel 4 in the u. K. Now bankrupt and for us to be on the street and Speakers Corner blabbering about whoever they may gather in these times of
A week is not enough theyre like we want more we want more well you know its possible but you have to make a big noise and let the people know that you want more max and stacey more kaiser reports yeah they said max we are reporting from our headquarters in the coronavirus zone and you know what the National Debt is past 24 trillion dollars and the past week i remember back in this innocent balloon boy started days back in 2009 when the last crash when it was just 12 trillion 6600000 unemployed last week thats on top of the you know millions of others in the previous weeks 5. 5 plus thats 3. 6 plus blah blah blah so now we have 17000000. 00 unemployed thats over 10 percent Unemployment Rate and of course during this chaotic time during the announcement of the new unemployment numbers we saw the fed introduce some new sort of 2. 00 trillion dollars scheme whereby theyre going to buy high yield the bond e. T. F. I junk debt i. E. Well the fracking debt all that fracking debt thats blowin
Coronavirus zone and you know what the National Debt is past 24 trillion dollars and the past week i remember back in those innocent balloon boy started days back in 2009 when the last crash when it was just 12 trillion 6600000 unemployed last week thats on top of the you know millions others in the previous weeks 5. 5 plus its 3. 6 plus blah blah blah so now we have 17000000. 00 unemployed thats over 10 percent Unemployment Rate and of course during this chaotic time during the announcement of the new unemployment numbers we saw the fed introduce some new sort of 2. 00 trillion dollars scheme whereby theyre going to buy high yield the bond e. T. F. I junked at i. E. Well the fracking debt all that fracking debt thats blowing out right we knew that fracking industry was going to go belly up and that it would require a government bailout we said that was a 100 percent guaranteed and we were right you know us thing but Mainstream Media not only are they forced to be broadcasting other ba
Emergency Small Business fund, 75 billion for hospitals. The democrats claim its their victory and already, senator schumer is planning another 150 billion package, this one for local governments. Is all this enough . In my opinion, not if we dont get back to work soon. We have to open up the economy to avoid economic disaster. Elsewhere, the president says he will sign an executive order today suspending green card issuing for 60 days. This does not apply to guest workers or agricultural workers. To the markets. After two days of sharp declines, weve got an uptick. The dow looks like it will open with a gain of close to 400 points. That is 1. 7 . S p up 1. 8 . Nasdaq up 1. 6 . Green arrows across the screen. There are some standout stocks. Netflix nearly 16 million new subscribers. Their outlook, though, is cautious. We will get into that. The stocks down eight bucks, 1. 8 . Look at chipotle, doubling their online orders in the month of march. Chipotle is clearly a lockdown winner and