Mottek On Money

Mottek On Money Special Edition - Coronavirus Crisis Bear Market - The price of OIL CRASHES TO BELOW ZERO. Oil plunged 306% under the weight of the enormous drop in demand due to the coronavirus shutdowns around the world and a flood of new supply with no place to put it. Oil took an historic drop of $55.90 a barrel settling to NEGATIVE $37.63 a barrel, the lowest price ever recorded. Oil stocks led the overall market lower. The Dow closed down 592 points. Analysis of the day's epic events and outlook with oil analyst John Kilduff, Again Capital, CNBC contributor and Jim Hausberg, Managing Director, Partner, HighTower Advisors in Los Angeles.Support the show: https://www.frankmottek.com