OPEC’s Dramatic Cut, Target Deal Days, and Another Stock Market Slump? 10/06/22

Investors, traders, and consumers are still digesting yesterday’s decision by OPEC and its allies to slash output by 2 million barrels per day. Husseini Energy’s Sadad Al-Husseini breaks down the outlook for energy. Plus, Target kicks off its early holiday bargains today in an effort to remove excess inventory. Former Target Vice Chairman Gerald Stoch weighs in on what this means for retail. And, will stocks continue yesterday’s slump, or can they bounce back to gains made earlier this week? Chantico Global’s Gina Sanchez and Oppenheimer Asset Management’s John Stoltzfus give their take. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.