Episode Details

Today on The Open Bell: The Fed held rates steady today but Kevin Warsh spent every word of his statement pointing at December, which means the "pause" everyone wanted to celebrate is really just a warning in a nicer font. A Houthi missile hit Saudi Arabia's biggest refinery yesterday and oil climbed past $115 a barrel, but it's still $5 below last week's high, which tells you exactly how much the market thinks this stays contained, and exactly how much it'll hurt if it doesn't. SK Hynix just posted a 632% jump in quarterly profit on the back of AI chip demand, beating every analyst estimate by a wide margin, and if you still think the AI spending surge is peaking, South Korea's earnings season has a question for you. If today's episode helped you make sense of things, a five-star rating takes about ten seconds and helps the next listener find us. New episodes every weekday morning at theopenbell.co Not investment advice. For informational purposes only. --- Chapters: 00:00 Introduction 00:18 Fed Holds Rates at 3.75–4.00% as Warsh Flags December Hike R 02:59 Houthi Missile Strike on Saudi Refinery Sends Brent Above $1 05:13 SK Hynix Q3 Profit Surges 632% on AI Chip Demand, Lifts Kore 07:11 Closing thoughts

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