Episodes
Tuesday Apr 16, 2024
Oil Spikes, Retail Rises, & Gold Rushes
Tuesday Apr 16, 2024
Tuesday Apr 16, 2024
In this episode, Matt, Lee, and Eli delve into three pivotal market topics shaping headlines. First, the episode explores the surge in oil prices following concerns over potential retaliatory actions by Iran against Israel, driving Brent crude to $92.18 a barrel.
Secondly, it analyzes the upbeat March retail sales figures, which surpassed Wall Street estimates, highlighting a resilient consumer spending trend despite earlier fluctuations.
Lastly, the episode delves into the remarkable rise in gold prices, spurring discussions as some sell the precious metal for immediate financial needs, raising questions about its traditional safe-haven status amidst geopolitical tensions and economic uncertainties. Tune in for expert insights into these dynamic market movements.
Email us your comments and questions! We love responding to them on the podcast. TheMarketMoment@mach1fg.com
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