New expectations about how long the covid19 crisis may last given President Trumps comments yesterday along with anthony faucis. Well talk about that in a little bit take a look at treasury yields this morning lets show you where the tenyear note stands right about now. Youre looking at 0. 367. The story we probably tonight talk enough about these days, lets show you crude prices because they fell sharply overnight. Wti crude now trading at 20. 53 if that was the only story around, youd think that would have a huge impact on markets unto themselves. Meantime, an update on the outbreak cases confirmed in the u. S. Now topping 143,000, 2,500 deaths. New york is the epicenter right now with nearly 60,000 cases in the state. Another 13,000 cases in neighboring new jersey in new york city, construction is under way to build an Emergency Hospital this taking place inside central park right across the street from mt. Sinai workers from the organization samaritans purse has begun constructing
Manus a warm welcome to bloomberg daybreak europe. The world is trying to reprice risk. The sentiment over the past three days has been clearly about either we are fools to reprice to the downside in the oil market or it is an opportunity, a resplendent opportunity, to reprice risk. Amri is chasing the Saudi Oil Minister as we speak. Spoke to a representative from the iea and their comments were interesting in terms of the downward pressure on the oil market. President trump said the world is watching. We are watching that geopolitics but as we wake up this monday morning, there is a little bit of risk coming back on the table. Thes more from one of Energy Delegates from the u. S. Later on. We are busting a few moves. The yuan strengthening. We can debate that with our guest. We busted through the 6. 9 levels. Goldman says you have gone through the trough in growth. You will see a stronger performance met year. We lean into yuan strength. This is about recalibrating risk. Oil had a cra
Very, very first new years eve celebration that is we are going to get throughout the hour on mornings with maria. Weve got a big show this morning, joining the conversation michael, Founder Michael lee, market analyst francis and real clear politics cofounder president tom bevin. Happy new year, guys. Happy new year. Cheryl weve had a phenomenal year. Typically when the market moves people get hesitant, just thoughts to stay positive in 2020, so in the summer of 2018 the market actually had roughly 10 below here, going off into the end of 2018, i think that spells well for 2020, this could really keep going, its been a good decade for stocks. Cheryl francis a lot to watch obviously for you this year, its been a blockbuster year. Its been a blockbuster, whats important is the catalyst that kept the market going, we kept getting news on the front and the fed keeps injecting money into the system which is good for equities. Cheryl i think its 2020, though. For sure. We have politics happ
Along with dirty jobs host mike rowe participated in a discussion on the 2020 outlook at an American Petroleum substitu Institute Conference in washington, d. C. This is 45 minutes. Ladies and gentlemen, please welcome our future of energy pan panelistist, general president of Labor International union of north America Terry osullivan. President and ceo of Small Business and Entrepreneurship Council Karen Kerrigan, president of Petroleum Equipment and Services Association leslie byer. Skills raid advocate and television host, mike rowe. And our panel moderator, api Senior Vice President of Global Industry services, debra phillips. Well, good afternoon, everyone. Im Deborah Phillips and i run a part of api that mike and megan have mentioned earlier today but not many know much about. Our 120 employees, and more than 7,000 volunteers worldwide developed standards and programs that drive safety, environmental performance, sustainability, and Energy Efficiency throughout the oil and gas in
Growing energy demand, you are watching live coverage on cspan 3. We are proud to announce that doubled the tenants of last year. I welcome hundreds more joining us live. I will also give you a sneak peek of the program and share some reminders. First, in the spirit of the natural gas and oil industries, commit to safety because api sets the starpndards for the highest operations around the world, well begin our event today. There are no plans of emergency drills during the anthem today. Please treat the announcement is a real thing. It is a good idea to be prepared. The best exit is the one from which you enter back here to my right and additional exits to my left right up front and the back of the room. I would like to extend a warm welcome to our distinguished guests including members of congress, administration officials, Industry Leaders and trade Association Executives and other partners and allies. You will see some others on the screen behind me and thank you for holding your a