And that, weve taken 40 seconds out of the next show, but since i cohost the next show, i took it from myself, contessa its paying peter, robbing peter to pay paul. Whats new at 2 00 stocks sitting just below record highs. Bank of america says theres no euphoria in this market. Thats a good thing. Plus boeing soaring on reports that Warren Buffett is jumping into the game, but theres one bearish analyst who says sell this stock hell be here to make this case. Later, Oil Prices Rising as tensions in the middle east ratchet up are higher prices here to stay well hear from the ceo of marathon oil power lunch starts right now the dow off the lows of the day but still down b about. 40 . The s p in the red as well down a quarter of a percent look at the north ameriasdaq in stocks check out micron and western digital. Theyre surging after cowen says both of these stocks as a buy. Micron up almost 8 , tyler the markets largely shaking off concerns about iran instead focusing on hopes for earni
We want europe to take some of necessary prisoners, they came from several countries well, none from greece, so far. Good. Youre lucky youre lucky we have a lot of people right now in prison, isis fighters, that are tough fighters, and they are where they should be. I think we have done a fantastic job, but eventually, we want to be able to let iraq run its own affairs. Thats very important. At some point we want to get out, but this isnt the point. If we do get out, weve spent a tremendous amount of money on building airports, one of the largest embassies we have in the world, mike, and we want to be reimbursed for the various costs weve had. Well work something out i talk sanctions, but im only talking sanctions if were not treated with respect we have to be treated with respect. Ill tell you what, with what we did excuse me, wait wait wait one second with what we did with isis, and this was done during my administration, because it was a mess before we got here with what we did with
Need and it is energy and tesla, paypal, square a lot to talk about. Your traders are not here. But i still know who they are. And the top story has been Energy Following the killing of the iran general on friday and the last couple sessions, the loss has been wiped out because the world is still awash andoff supplied in the price of oil. Weve been speaking to the biggest names about what is going on and why we did not see a bigger spike weve chatted with ceos of chevron, patterson gti, marathon oil, their first interview in more than five years and pioneer will be airing on Worldwide Exchange tomorrow. Lets talk about oil and gas as well speaking of chevron, that stock fell along with oil. Not just because crude oil fell, but because bank of america and Merrill Lynch downgrading to an underperform so guy, are you surprised at like the question we asked every ceo here that the price of oil has not spiked higher given what happened on friday enjoy yourself down there, thanks for invitin
Today but we start with todays turnaround after a weekend of threats and a global selloff that saw markets from asia to european drop, u. S. Stocks prove resilient with all tree indexes finished in the green. So faced with one of the most significant escalations in mideast conflict than weve seen in years, investors are Holding Strong could anything shake this market what do you make of the action. Welcome back courtney and tim has been away. Thank you. It is shocking. At one point the vix was 16. 5 and in an environment where the vix has no business in my opinion below 14 i explain it with beginning of the year inflows in a significant way and the fact that the Federal Reserve keeps pumping in liquidity at record paces. Now north of 400 billion since september. At this pace, by april of this year well have exceeded the alltime high for the Balance Sheet for the Federal Reserve which in my mind is just madness. I think that is the explanation. Now the fact that taib contin s continue f
All right. Happy new year, rick, to you and everybody at the chicago merc. We have some serious breaking news from dubai in a scary situation. Here again is sue herera. Absolutely, brian. Here is what we know. A fires a engulfed the address hotel located in downtown dubai. These pictures are coming to us from the Associated Press. This fire broke out just a few hours before dubais massive fireworks display was set to go off. It is in the address hotel. It has engulfed at least 20 floors according to the Associated Press. We dont know the cause of that fire. We dont have any word on casualties. We do know that First Responders are on the scene. Once again, it is a massive fire in a tightly populated area of dubai in a very popular area of dubai im told, and, brian, i think you also stayed at that hotel, have you not z . I have been to that hotel, i have not stayed there. I have been to that region. That is the premiere shopping and recreation and dining destination in dudubai. I dont wa