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Economic Weakness Vs Consumer Strength

Economic Weakness Vs Consumer Strength

FromSchwab Network


Economic Weakness Vs Consumer Strength

FromSchwab Network

ratings:
Length:
10 minutes
Released:
Jun 28, 2023
Format:
Podcast episode

Description

Are trends going the right way for the Federal Reserve? Canada got off their pause and raised interest rates and they had weaker inflation figures than the market expected. Bob Iaccino says that both equity and commodity markets are torn between how weak the economy will get versus the strength of the consumer. Also, crude oil tends to trade in ranges for long periods of time. Since February 2023, the crude oil price has been in a wide down-trending channel.
Released:
Jun 28, 2023
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.