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Transcripts For CNBC Squawk On The Street 20160705

Oil is back below 48. Our roadmap begins with more volatility after last weeks postbrexit rally easing capital requirements. Plus, tesla deliveries come up short. The stock is down 4 . And the u. S. Are passing sued i arabia and russia in oil reserves, and falling below 50 even in the wake of those terrorist attacks in saudi arabia. Both oil stocks and futures moving slower than Economic Growth after the u. S. Equity markets posted their best weekly of the year. The dow and the s p gained 3 . Last week we used the term roller coaster a lot. And i dont know if you noticed, europe is having a banking crisis. Ground zero is italy, theyve had some issues again with month i depashi, and theyre not dramatically lower, and the situation and what triheyre gog to do with the recapitalization. They could hurt a lot of individual bond holders. Crisis is the right word . Italy is having a banking crisis. Many of their banks are bankrupt. The question is how. January 1, all the rules change. You ha

Meet the foul-mouthed, Left-wing, working-class ex-City trader called Gary who s winning tens of thousands of YouTube followers by claiming HE has the formula for a fairer economy

How Much Damage Can Central Bankers Do? A Lot

How Much Damage Can Central Bankers Do? A Lot
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