))
Business Rundown: Rate-Cut Optimism & Middle East Oil Worries
Manage episode 436318437 series 3330134
Content provided by FOX News Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FOX News Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Markets opened higher this morning after Friday’s announcement from Federal Reserve Chairman Jerome Powell. Now, traders and investors are making money moves with the expectation of one to three rate cuts in the next few months.
Meanwhile, an air of caution on aggressive trading as conflict in the Middle East threatens to jeopardize key supply lines and steady access to crude oil. And in the 2024 presidential race—the Harris campaign has endorsed a tax plan that would include a new tax on unrealized gains.
Fox Business’ Kelly O’Grady spoke with CEO of Mahoney Asset Management, Ken Mahoney, to break it all down.
Learn more about your ad choices. Visit megaphone.fm/adchoices
1203 episoade
Distribuie
