Page 21 - Oil Patch News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Update this hour. World oil stocks are taking a major hit following the failure of crude producing countries to agree to production cuts as a ban for oil falls i mean fears about the coronavirus saudi arabia says it will increase output after a dispute with russia with more here. Quite a somber atmosphere here on wall street they are already calling it black monday we saw a 15 minute free is on futures trading when the stock market opened big dramatic plunge on the stock market the biggest drop weve seen since the 2008 financial crisis and on top of all of that weve got an Oil Price Drop 30 pe...

Thanks so much for coming. It seems particularly appropriate given the subject of todays lecture to encourage you to pretend as if you are in church and to move in, scoot in if you would, to give folks who are, not necessarily late arriving, but people who are fashionably on time room to sit. I should say that this answers an ageold question for me. Which is, if there is anything that can depress the turnout for a lecture, i think we have the answer. Which is no. It was raining cats and dogs a few minutes ago. And i wondered, will there be people there . And sure enough, here you are. I tip my...

Georgias kelly love letter will be one of our guests. All that and more on making money. Deirdre the white house is asking congress for more than 800 billion. Were going to take you right there. Hillary vaughn is standing by. Hillary, any new details . Reporter deirdre, yes, specifically about the 850 billion. Were learning that part of that, 58 billion, could be allocated to just the Airline Industry alone. That is according to John Roberts Fox news is reporting but i also asked secretary Steve Mnuchin today if theyre looking for providing economic assistance to any other industries that coul...

Whether to amend that with a bigger proposal because we all know a bigger proposal is necessary, but ive decided were going to go on and vote as soon as the senate can get permission to vote on the bill that came over from the house, send it down to the president for signature and thus reassure the people around the country that we can operate on a bicameral, bipartisan basis quickly. Second, we will not leave, the senate will not leave until we have passed yet another bill and clearly, that will have to go in two steps. As i indicated earlier, First Senate Republicans and the administration a...

And the fed will get to zero pretty quickly. They are in a nowin situation. Had they not done anything the market would have been disappointed i think stocks are higher a year from today, at the end of the year. I am looking to raise my target i am at 3440 my notice for earn something 172. I think they cut 50 at the next meeting in just two weeks i think thats going to happen and thats where we begin our debate today, what i think is the only one that matters. The coronavirus and whether it was a blip or a black swan and what that means for where stocks may go from here we will attempt to answ...