How Does Decreasing Oil Imports Affect Pricing?
Jan. 9 (Bloomberg) -- Societe Generale Global Head Oil Market Research Mike Wittner talk about the price of oil and his investment strategy. Leuthold Group CIO Doug Ramsey also speaks on Bloomberg Television's "Lunch Money." (Source: Bloomberg)
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48:26 - European stocks rose with U.S. equity-index futures as Apple Inc.’s earnings fueled optimism over the outlook for the global economy. The yen weakened and Japanese shares rallied after the prime minister signaled he was committed to a $265 billion stimulus package. Treasuries headed lower before the Fed’s interest-rate decision, with the yield on two-year notes rising one basis point to 0.76 percent, having risen on Tuesday to the highest since the day of the U.K.’s Brexit vote. Yields on benchmark 10-year notes also rose one basis point, to 1.57 percent. Citigroup Global Head of Equity Trading Strategies Antonin Jullier discusses with Bloomberg's Francine Lacqua on "The Pulse."