Joe, the big story is oil prices once again im ready to move out past june move out where . June is too close if we are not going to open anything up, no reason to think it will be anything different than minus 38 a barrel it is related to the price of gold and the price of a suit, so i should have been buying andrew, you are spending 10 times what you are on a suit with those hugo boss things. Which none of them have belt loops for 4,000, you could get a couple of belt loops no hugo boss. It is ralph. Ralph who oil prices, it is not funny. This is out of the realm of anything weve ever seen brent crude only a 20year low you look at wti or what may was before the contract rolls. It is incredible supply shortage spiked overseas. The u. S. Movement, wtis june contract the price giving up earlier gains. Up 11 see, im ready to move to september. August at some point what does this mean for the saudis youve had your picture taken there on a sand dune youve got a feel. They should have done
Maria and our top story this hour 2020 democrats facing off on debate stage in charleston, candidates taking aim at frontrubber South Carolina days before South Carolina prime aye and less than a week before super tuesday, Hillary Vaughn with all the highlights, hillary. Good morning, maria, democrats on stage did not pull any punches, mayor Michael Bloomberg fended off attacks over billionaire status as painting status as unelectable and warren as mayor Pete Buttigieg drilled sanders over the math behind medicare for all. Elect bernie, bernie will lose to donald trump and donald trump and the house and the senate and some of the state houses will all go red. Mayor bloomberg has strong and enthusiastic base of support, the problem is they are all billionaires. Everybody in this room imagine moderate republicans going over and voting for him and you have to do that if you cant win. Aggressive agenda is popular, mayor bloomberg, he cannot eastern the trust of the core of the Democratic P
And discuss how the company is positioned for the rest of 2020. Speaking of the cloud, microsofts ceo set down with bloomberg in davos. We will hear his thoughts on the competition between microsoft, amazon and google. First, to our top story. Netflix shares initially jumped the for a racing the gains after reporting fourthquarter earnings. Now fluctuating between gains and losses. The company has hit a milestone to passing subscribers outside the u. S. During the quarter. Growth this slowing with forecast at just 7 Million Subscriber addition in q1. To discuss Earnings Report in further detail we are joined by emarketer and ceo andre. The shares were trading off of the First Quarter subscriber guidance, which came in a light. Are you worried that for the competition is slowing down growth for netflix . Not at all. Strong in thetty developed markets. There is not a lot of growth for them in the u. S. They have a lot of room to grow, but that will be difficult. That 7 Million Subscriber
Its going to be a very big week for politics and money. Today, another impeachment hearing is being gavelled to order right now. Theres talk of an Impeachment Vote by the end of the week. Also today, the Inspector Generals report on what the fbi and doj were up to around the 2016 election. Wednesday, the Federal Reserve holds forth on Interest Rates. After that jobs report, very few expect rate cuts. Thursday, britains general election. Boris johnson, thats britains donald trump, expected to beat socialist jeremy corbyn. And by sunday, we should find out if more tariffs are going to be imposed on china. Any of those stories could move the market. Then theres peloton. The young woman in the now famous ad has found new life advertising gin. Personally, i think that exercise bike will be one of the holidays biggest sellers. We shall see. Get this. Monday, december 9th. Three weeks to the end of the decade . Varney company is about to begin. Stuart the young lady in that now famous peloton
Takeaways. T time, democrats and repu case about whether the president committed an Impeachable Offense, or not. The facts that have come to light are very much what the founders had in mind, i think when they provided a remedy. This is an abject failure for the democrats and adam schiff. Reporter acting u. S. Ambassador to the ukraine, william taylor, and george kent testified before the house intelligence committee. Taylor revealed new information about the president s focus on comes from overheard call between u. S. Ambassador to the eu and the president after trumps call with ukrainian president , volodymyr zelensky. The democrats believed the president used his office to extort ukraine to dig up dirt on the bidens, including holding up 400 million in military aid. It was not just the white house meeting that was dependent on the investigations. He said it was now everything. It included the security assistance. Ambassador, you werent on the call were you . You didnt listen on the