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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 ....
Today were seeing that loosen up. We really see a world where the founder was my guest a few there are managed liquidity or weeks ago. The companys stock priced at 39 cash programs. Companies need to manage that. Above expectation and rose we think that technology and global relationships help them steadily throughout the day. Manage that. Silicon Valley Companies are for a company like peloton marching toward ipo even as we before it files to go public, worry about the days ahead. When we hear theyre about to go public, its because katie roof we have the ceo of forge, which wrote about it in the wall allows employees of private companies to sell shares before street journal. The company goes public. But youve got access to data in these companies, buying, and selling and pricing. Is there some sort of lets start with this idea of information in what youre able these companies that are not yet public that are so big. To see does ....
Excellent meghan, a real pleasure listening to your thoughts today and we will have you back, of course, as soon as we try to get our gps with regard to the coronavirus and its Economic Impact in the marketplace. Thank you for joining us today Carl Quintanilla, back to you. Rick, see you in a little while. Good monday morning. Im Carl Quintanilla at post nine morgan brennanp with us from cnbc Global Headquarters, jon fortt from the floor of the nyse another eventful monday morning as im sure you know by now. We did trigger a Circuit Breaker at 2521, went down around 2400 and then since added about 100 s p points as we are at 2501 on the nose dow was near 25 and now 21. 2 interesting session, guys, as ....
Will it make its way back to zero . Seems to be part of the conversation building in markets. Barrelumped above 65 a as supply disruptions in iraq brought concern to geoPolitical Risk. With more is Annmarie Hordern. Detention we are seeing in libya and iraq come very different in nature. What is the impact of these on oil supplies . Annmarie they are both geoPolitical Risks to the oil supply. In libya, the government says we could go to 72,000 barrels a day. This has to do with the eastern military commander. He has a blockade now on the port, so actual supply is not disrupted. The market may be shrugging off a little bit because in days or hours, that blockade could be lifted. Iraq, while it is a minor disruption, which is producing more than 4 Million Barrels a ....
Reports of a technical glitch. Well have details on that story. Later former nissan head carlos ghosn breaking hiscy loens and boy did he ever in an animated press conference that went on and on and on and did it after a James Bondlike escape from japan. What did he say and what he didnt say power lunch starts right now and welcome to power lunch im contessa brewer. Right now stores surge dow up nearly 200 points as you can see up more than half a percent. S p and nasdaq also in the green and nochg ntching some new reco. We got google, mastercard, lowes up more than 2 tyler . Contessa, iran launching a missile attack overnight in retaliation for the killing of Major GeneralQassem Soleimani it targeted two air bases in iraq that house u. S. Troops among other individuals. No reported u. S. Casualties. Iranian foreign mi ....