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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: zax who wrote (432439)	3/8/2020 10:54:32 PM
From: NAG1	Respond to of 540685

zax, BREAKING STOCK FUTURES HALTED Stock Futures on the S&P 500 Were Halted Sunday Night. I wonder if the markets would stabilize if Trump and his whole entourage would step down and turn power over to Pelosi and Schumer. Not going to happen but I think it is an interesting thought. Maybe we could just settle for Pence stepping down from the great job he is doing and putting someone without a political agenda in charge.

To: zax who wrote (432439)	3/8/2020 11:06:22 PM
From: Sam	Read Replies (1) \| Respond to of 540685

Just stating the obvious here, but--we are in a crash. The price of oil isn't helping. Putin just sparked an oil price war with Saudi Arabia — and US energy companies may be the victims Published Sun, Mar 8 20206:34 PM EDT Brian Sullivan Key Points Russia rejected a proposal by OPEC to cut 1.5 million barrels per day of production. In response, Saudi Arabia not only cut its forward crude price to Chinese customers by as much as $6 or $7 per barrel, but is also reportedly looking to raise its daily crude output by as many as 2 million barrels. The move by the Saudis is both a market share grab and a loud signal to Moscow that it’s done playing games. American oil and gas workers and investors are caught in the middle of this epic ego battle. Vladimir Putin just sparked what could end up being one of the ugliest oil price wars in modern history, and American oil and gas companies may be the victims. This weekend Saudi Arabia dropped the oil bomb. It not only cut its forward crude price to Chinese customers by as much as $6 or $7 per barrel, but is also reportedly looking to raise its daily crude output by as many as 2 million barrels per day into an already oversupplied global market. Look out below. continues at cnbc.com