Episode Details
Back to Episodes$100 Oil Shock: Fed Rate Hike Fears Hit Wall Street | The Street Brief
Description
Oil is closing in on $100 a barrel, Wall Street is under pressure, Treasury yields remain elevated and investors are suddenly confronting the possibility of another Federal Reserve rate hike.
On the inaugural mid-day edition of The Street Brief, host Todd M. Schoenberger breaks down the biggest stories moving markets, business and the world.
Todd examines the renewed inflation concerns surrounding rising energy prices, what investors should watch in this week's PPI and CPI reports, and why the Federal Reserve's upcoming interest-rate decision could become a defining moment for markets.
Also on the brief: Bitcoin falls below $80,000, putting pressure on crypto-related stocks; copper hits another record as AI data centers and electrification drive demand for the red metal; Apple prepares for its highly anticipated product event; and Oracle and Adobe earnings could provide the next major test for the AI trade.
Beyond Wall Street, Todd looks at the escalating conflict in the Middle East, developments surrounding efforts to end the Russia-Ukraine war, and the beginning of America's week of remembrance ahead of the 25th anniversary of September 11.
Fast. Current. Straight to the stories that matter.
The Street Brief — Markets. Money. What Matters.
Hosted by Todd M. Schoenberger and presented by Biz Talk Today TV, a CrossCheck Media Inc. production.
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