44 min listen
Choppy Trading, Jobless Claims Mount, Goldman Sachs Chairman & CEO
Choppy Trading, Jobless Claims Mount, Goldman Sachs Chairman & CEO
ratings:
Length:
61 minutes
Released:
Apr 2, 2020
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber discuss the choppy trading as oil rallies big, but gains get capped by a massive surge in jobless claims. WTI jumping 9% after the President said he expects Saudi Arabia and Russia to come to an agreement about their price war that has added to the pain for the crude market, already getting hit by an unprecedented demand slowdown from the coronavirus. Plus, the Labor Department reporting more than 6 million people filed for unemployment benefits in the week of March 27th, hitting a record. And the "Squawk on the Street" gang is joined by the Chairman and CEO of Goldman Sachs, David Solomon. Hear what he has to say about the virus, employees working from home and how he sees a recession playing out.
Released:
Apr 2, 2020
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/27/2019: A possible merger in the making. Philip Morris confirms it's talks with Altria. David Faber & Jim Cramer discuss. by Squawk on the Street