The likes of which they have not seen since 1933, in the midst of a downturn for the month, the likes of which we have not seen since 2008 here we find ourselves this morning looking at a market that will open lower. Your thoughts . You go up 19. 9 in the s p, you can have two thoughts. One is that was the greatest bull market ever the other is, boy, is this market dysfunctional were not moving the way we should theres very little volume yesterday the machines took the dow up 500 points in the last 20 minutes. Im keying on oil. I think oil is something that the algorithms are keying in i wish there wasnt algorithmic trading, but its here to stay the quants are in charge you know, lets bring back the smith corona typewriter. The quants are in charge, they took it up and now theyll cashier the market and cash it in lets come back to oil for a second it does get lost sometimes in all of the volatility were seeing and our focus on the economic crisis, on the Health Crisis, on the equity ma
Million cases of the coronavirus now clocked around the world. Oared iny, deaths s the United States passed 1000. To cover thisue rally, talking about these energy shares. We will take you to that White House Briefing momentarily. The cohost ofg in what you miss we are having some technical difficulties. Tolier today, i did speak the ceo of the thirdlargest Health Care Network in the country. They have more than 50 hospitals across the country, more than 1000 clinics, and 120,000 Health Care Workers fighting this virus. They are located in california and washington. I sat down with the ceo to talk a little bit more about what they are doing and what they are seeing. Take a listen. We started with our first index case two months ago. The minute we had that first case, we started getting ready. Knowing what was coming and really getting organized. What we knew is if you can keep , youate of rise in cases can get in front of this. So far, that is what we have seen. Ready. Ly got our syste
And lovely cant couldnt mexico on the beach with the palm trees swaying in the monkeys chattering special guest with us today alex patch off sea. Bit fury theyre rocking it out in the mining space thank you marks remind you finally and tell us about its a company that was very early into big and we heard about it we talked about on kaiser report going all the way back maybe to 2011 or so but tell us a little bit about it sue before it was wrong to be in 2002 well initially it was like everything was just beginning from the whole big suv the people with so many different businesses they realized the beat when existing the start to try mining going and then they decided just to create the company and they were nice cheap and they started building the data centers a 6 you mentioned a 6 what are a 6 chip special custom designed i. C. Cheap one performing on the one single functions. A lot of things youre hearing skills just created its like bigger capable of course just to create the cheap
And industrial is that correct yeah thats correct su the chip was not invented only by bt quietly using them from the seventys but the normally revolution if you feel about the beat going like about the infrastructure its the warmer all the operational expenses and this is a reason why instead of the c. P. U. The speech for g. P. U. Because the working more efficiently and consume less Electrical Energy and then they go to f. P. G. A. And right now all the new cities using a seems ok so theres a bit of an arms race in the technology of big client mining and in china of course you have huge players who not only design chips but they also have a lot of Energy Available to them and they dominate with between 40 or 50 percent of all the mining depending on how you look at it is is that concentration of mining in china is that an accurate description and is that going to continue in the near. Future and is the new coronavirus does that threaten chinese mining in any way to. Its was just lik
Were down in cane cooed on the beach were covering the stories of mexico and having a good time but were doing it. On our i phone. Max kaiser and lovely cant couldnt mexico on the b. H. With the palm trees swaying in the monkeys chattering special guest with us today alex patch off sea. Bit fury theyre rocking it out in the mining space thank you marques remind you finally and tell us about big ferry its a company that was very early into because and we heard about it we talked about on kaiser report going all the way back maybe to 2011 or so but tell us a little bit about it sue before it was wrong to be in 2002 well initially it was like everything was just began from a whole big soon be people will so many different businesses they realize the beat when existing the start to try mining going and then they decided just to create the company and they were nice cheap and they started building the data centers a 6 you mentioned a 6 what are a 6 chip special custom designed i see cheap o