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September. How do you expect that to feed through into InflatIon ExpectatIons and impact the us economy . I think riaht now impact the us economy . I think right now the impact the us economy . I think right now the focus impact the us economy . I think right now the focus is right now the focus is definitely on crude oil. A lot of people are drawing comparisons to what happened when the war in ukraine started. When you take a Look Oil surged Io . With this incident it surged 5 in some of that is because we have us productIon at record highs. Opec was undecided over increasing productIon. This is a moment where investors are trying to get a sense of how are the actual supply disruptIons going to unfold in the coming weeks and months. Right now the market was pretty content that this inflatIon and that trend was going to remain and now they are scratching their heads to see will this ....
Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very ri ....
The irony of all this is that asheville became known asclimate city. What do you know of it . Ive sent a what do you know of it . Ive spent a lot what do you know of it . Ive spent a lot of what do you know of it . Ive spent a lot of time what do you know of it . I e spent a lot of time there. My brother lives there. They lost power for 18 hours. Everybody is fine. I have a cousin in Bryson City much more rural who we couldnt hear from for about three Days. Fortunately he is ok. Asheville is a very 0k. Asheville is a very democratic town. Its sort of a democratic enclave within a very republican part of the state, and what we know right now is, one, Anyone Speculating on the political impacts right now is inappropriate, probably doesnt know what theyre talking about. But we know there are real challenges. We have about 1k counties right now where the board of elections are closed. In addition to every other type of local Government Operation struggling Tojust Get local Government Opera ....
Can help you get started with your idea called now 807, 710002 zero getting a firsthand look at the devastation the station from hurricane helene. He is in the Carolinas Today with a swarm has killed nearly 100 people. How the federal government is helping the Recovery Effort is haunted words of thousands still remain without power and as cities are running low on food and water, plus, as the world awaits, israels response to a ballistic Missile Attack from iran, the idf ramping up its Ground War in lebanon. Another major question amid heightened tensions, what role will the United States play . Then turns of that thousands of Fort Workers hit the picket lines. A strike that could have a huge impact on the economy and things that you buy every day. Were following these major developing stories many more all coming in rig ....