Closing Bell: Late-day stock slump, National Economic Council Director on inflation, and cash is king. 4/12/22

Closing Bell: Late-day stock slump, National Economic Council Director on inflation, and cash is king. 4/12/22

  • Af
  • Episode
      45
  • Published
      12. apr. 2022
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Episode
45 of 1984
Længde
43M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

Stocks giving back big early gains extending the losing streaks for the S&P and Nasdaq to 3-days after the highest increase in consumer prices since 1981. National Economic Council Director Brian Deese says inflation is running uncomfortably high and explains why the White House’s plan to allow more ethanol in gasoline will help lower prices at the pump. And Satori Fund Founder Dan Niles explains why retail investors should be in cash right now and why he thinks some traditional technology stocks are attractive. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.


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Cover for Closing Bell: Late-day stock slump, National Economic Council Director on inflation, and cash is king. 4/12/22

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