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This monday morning. Anna it has just gone 6 00 here, lets talk about the oil price. It seems appropriate. We have this big interview, before the weekend. Stories coming with the saudi royal family. They are putting their money where their mouth is. Manus two weeks ago, we talked with the single biggest squeeze that went on, on record. Record short positions. They are back. The Money Managers are back. That is what the risk is telling us. Speculators have boosted their bearish bets up by 17 in the last week. That is behind part of that precipitous drop we saw on the back of that interview. They were there for five hours talking about everything under the sun. Anna checking where the oil prices now, continuing to retreat. 38. 28, wti at 36. 25. Both of them moving further from the 40 mark. Manus the brent volume is barely above average, but the wti volume is 25 above average. You have russia and iran as well. Anna it is not enough ....
Dip on concerns it cant maintain the momentum. Jpmorgans jamie dimon outlines his take on the brexit in his annual letter on the outcomes of an eu vote. Large and potentially unknown. Welcome, it is countdown. I am manus cranny. Lets get into the clear message the fed wants you to get. There will be a rate hike this year, a dovish janet yellen, the minutes confirm everything we heard, and mr. Bullard says there is a debate, but if you look at wrip, a rate hike in the usa, that is not on the cards anytime soon. By december, 53 . The dollar is down. That is the message from the fed. Get it and get it clearly. Global concerns will trump the domestic issue. The s p had biggest rally. , the biggest rally in almost four years. What you have here is volatility dropping. There is another story, 1 trillion worth of stocks being shorted. What happens at the u. S. Equity market really takes flight. As talked about dollar again this about dollaryen. The dollar lost 6 since the fed raised its rates ....
And you want the answer to this. Yes, i do. Its huge, its huge. Huge. I think, you know, were waiting here and its not just getting an endorsement, i think were putting together a cabinet and going one by one, this isnt just about me, look at the people im surrounding myself. Weve got the attorney general and the Surgeon General . I think that what were saying. And education, too, for ben carson, and in trumps speech. Hell bring the evangelicals and bring his grass roots operation and whats going to be interesting is how ben carson and donald trump will talk about policy and where will dr. Ben carson weigh in on, on common core and education or further beyond that . Then of course, theres this idea that last nights debate, speaking of the debate, lee, youre the expert on did you do your dials . I did. And the civility of it all, was that good or bad . And in twitter sphere, social media was kind of disappointed because of this. L ....
Truck for 13 1 2 hours. And in our nations capital, one of the largest storms in history. D. C. , socked in. The plowing, nonstop. This morning, the jersey shore. Icebergs floating in the street. Frigid water rushing straight through town. The heavy snow caving in roofs. Buildings and barns collapsed. The misery factor so high this morning, as some struggle to dig out. Others, ready to dive in. Oh, my gosh. I was not tempted to do that yesterday, not even slightly. But she was and she looked good doing it. Shes braver than all of us at this table absolutely. Good morning, everyone. Were coming to you from a crippled new york city, literally shut down after one of the biggest snowfalls ever. And new york by no means the only target of this blizzard. This is a live look at the years after Superstorm Sandy. More troubles for that region. And we want you to check out this video dump trucks ready to pitch in and clean up all that sno ....