Surveillance: Oil Price War With Yergin
Mike Wilson, Morgan Stanley Chief U.S. Equity Strategist, says the correction we're going through now is just a continuation of the correction that began two years ago. Dan Yergin, IHS Markit Vice Chairman, says there is a grudge match going on between Saudi Arabia and Russia. Philipp Hildebrand, BlackRock Vice Chairman & Steven Major, HSBC Fixed Income Research Managing Director, discuss the low interest rate environment. Meredith Sumpter, Eurasia Group Head of Research Strategy, says Chinese leadership is more concerned about containing the coronavirus outbreak than getting the economy back up to speed. Subadra Rajappa, Societe Generale Head of U.S. Rates Strategy, says the bond market is pricing a zero rate interest policy.