Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it wont be long before it hits 100 a barrel. Well, there are three main reasons. Firstly, theres now growing optimism about the speed at which the Global Economic will recover from the coronavirus pandemic. Secondly, geopoliti
Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it wont be long before it hits 100 a barrel. Well, there are three main reasons. Firstly, theres now growing optimism about the speed at which the Global Economic will recover from the coronavirus pandemic. Secondly, geopoliti
Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it wont be long before it hits 100 a barrel. Well, there are three main reasons. Firstly, theres now growing optimism about the speed at which the Global Economic will recover from the coronavirus pandemic. Secondly, geopoliti
[applause] i intend to get it done, more than a sami asked a simple question. are you with me? [applause] back with me now is nbc news reporter barrett gone back and of course, kara, it looked like 2024 vibes to me. tell me what you re hearing about what president biden is going to say on tuesday. the president is traveling today, but tomorrow is going to be covered hunkering down at camp david putting the entering string touches honesty. it s going to be his first big national political speech since the midterms, midterms that were by the, way so much better for democrats than they thought they were going to be. so it s going to be a little bit of a victory lap of the speech on tuesday. it s going to be talking about the accomplishment of the biden ministration including the infrastructure, lot the inflation reduction act, the american rescue plan, all of the things that got done over the past two years. he spent in the last week making visits to some of the places tha
Well. They move lower, too. If theres a bit of a bright spot today, it is in tech is that has dated positive numbers. All better than 1 . Energy is the weakest vector today. Keeping an eye there over the final stretch as well, 83. Thats a decline of 2. 5 . All of it takes us to the top of the table. Goodenough earnings begin in just a couple of days to send docs into a year ending runup. Lets ask dan greenhouse. Alternative massive out late strategist, hes with me once again in post nine. Rates have largely been cooperating in the last few days, will earnings . I think the answer is yes. I think this idea that earnings just need to be satisfactory or not is sort of secondary to the yield storage he just brought up. What i mean by that is, pretty clearly you have seen a relationship between the two since the end of july. Rates and stocks. Love the bank of japan, they all hit at the same time at the end of the month. That was essentially the peak of the stock market. Youve traded down ev