CNBC Squawk Box October 20, 2016
Time. We are largely positive if only fractionally so. The ftse is slightly in the red. Remember, that has had quite the gains over the last four months or so, since the brexit vote, up about 15 . Crude prices retreating this morning from yesterdays 15month high. We saw a bigger draw down in inventories. Wti pierced 52 bucks a barrel. It came off down about 1 . The market will be watching that. Maybe not as correlated as it was before. No. The market picks and chooses. One day it looks oil. One day it likes the pound. Or we in hindsight say what did oil do and see how it affects the market. Th...
Source: archive.org
