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Are Energy Prices Signaling a Recession, and Time to Bet on “Old Tech”? 11/18/22

Are Energy Prices Signaling a Recession, and Time to Bet on “Old Tech”? 11/18/22

FromCNBC's "Fast Money"


Are Energy Prices Signaling a Recession, and Time to Bet on “Old Tech”? 11/18/22

FromCNBC's "Fast Money"

ratings:
Length:
24 minutes
Released:
Nov 18, 2022
Format:
Podcast episode

Description

Energy prices dropped nearly 10% this week and took oil stocks with them. And they weren’t the only commodity lower. So are these markets pricing in the true risk of recession, and what does it mean for the rest of the economy? Plus IBM shares quietly hitting 52-week highs today as legacy tech players continue to outperform the new kids on the block. Should you shift your trades into old tech?
Released:
Nov 18, 2022
Format:
Podcast episode

Titles in the series (100)

Fast Money airs weeknights at 5p ET on CNBC. Visit http://fastmoney.cnbc.com for additional information.