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Mendon Capital Advisors president and CIO Anton Schutz compared the current market turbulence to when the dot-com bubble burst and warned that markets “may not have found a bottom yet.”
First American Financial Corporation chief economist Mark Fleming discussed whether home prices could decrease amid expected rate hikes from the Federal Reserve as a way to tame surging inflation.
Fund managers are contributing to a rally that has pushed oil prices to their highest level since the 2014 energy bust. While energy-futures markets are more typically the province of producers and commodities-focused hedge funds, an oil rally that shows no signs of slowing is now exerting a pull on traditional money managers who run portfolios of stocks and bonds
Fox News attended the Wednesday roundtable on surging energy prices across America, where a reporter asked the top House Republican on if the GOP had a plan to drive down gas and power prices.