Schiff c. E. O. Of Euro Pacific Capital and Todd Bubba Horowitz chief strategist above the trading so lets start off with you it seems like the only way that saudi aramco can sustain its nearly 2 trillion dollars valuation is by artificially buffering it from the Global Markets and offering a sweetener to investors in the form of local banks making loans available for the sole purpose of investing in this i. P. O. So what is the purpose of this anyways they dont need to raise any more money its already the worlds most Profitable Company and its previous goal of getting a rambo circulated and diversified outside of this region seems to be a moot point if now theyre limiting it to the only domesticity best years so why go i. P. O. Now. Do we do we know they dont even want to i mean do we know theres a role for a little gumby in the world i mean i think a lot of questions and what the real details are and im not saying theyre not im saying theyre coming youre bringing this idea to market
Response. And return of the mac. Apple introduces its 16 inch macbook pro at 2400. We will rate function and design. Disney was the big winner of the week, signing up 10 million customers in one day for disney plus despite some technical glitches upon launch. Disney plus became available tuesday in the u. S. And canada. The media giants original goal was 60 to 90 million subscribers in 10 years. It is posed to reach that goal sooner. Put this in perspective, hbo now, cbs all access, the World Wrestling network, these guys have been in business for a few years. None of them have hit 10 million. Disney did it in a day. It is an incredible feat. Thats why you are seeing a record high. Go back to 1974. All the technical glitches yesterday, we can brush those off . If you only knew how many people were trying to sign up, we cannot plan for this. The big question remains, they had this incredible deal with verizon that took in 19 million customers for free. Disney is not saying how many peop
More business more revenue that even up higher than amazon already. Well its hard for anybody to have a valuation is high as i was on i mean theres a lot of speculative money thats in that stock and im sure one of these days is coming back down to earth i just dont know when that is. So now peter lets go back on to the domestic front we have conflicting reports and sentiment yet again from china and the u. S. The mood in beijing right now is increasingly pessimistic as trump refused to scrap tariffs dampening hopes for a resolution the u. S. However seems more optimistic with the markets today and larry kudlow we had already yet again that they are getting close so why are we getting the conflicting reports here. Well 1st of all i think the chinese are actually posturing for a negotiation you know if youre negotiating with with somebody you dont want to admit that youre close to a deal you want to say that a deal is far away because that way you can try to extract more concessions from
Against goldman. We will bring you goldmans quick response. Return of the mac. Apple introduced the 16 inch macro per, starting at 2400. Disney was the big winner of the week, signing up 10 million customers in one day for its service. Despite technical glitches upon mines. Disney plus became available on tuesday in the u. S. And canada. The original goal was 90 million subscribers in five years. It is poised to reach that goal sooner. I got the latest from chris palmeri. Perspective,s in hbo now, cbs all access, espn plus, a lot of these guys have been in business for a few years and none of them hit 10 million. Disney did it in a day. Go back to 1974, this is peak disney. The technical see glitches. We can shrug those off. That is what disney was saying. Were knew how many people trying to sign up, we could not plan this. They had an incredible deal with verizon between acacia and where 19 million customers could access the service for a year for free. Even the free customers, disney
And for more on this and other Market Movers we are now joined by peter schiff c. E. O. Of Euro Pacific Capital and Todd Bubba Horowitz chief strategist above the trading so lets start off with you it seems like the only way that saudi aramco can sustain its nearly 2 trillion dollars valuation is by artificially buffering it from the Global Markets and offering a sweetener to investors in the form of local banks making loans available for the sole purpose of investing in this i. P. O. So what is the purpose of this anyways they dont need to raise any more money its already the worlds most Profitable Company and its previous goal of getting around co circulated and diversified outside of this region seems to be a moot point if now theyre limiting it to the only domestic investors so why go i. P. O. Now. Do we do we know they dont even want to i mean do we know theres a role for a little gumby in the world i mean i think a lot of questions and what the real details are and im not saying