Mixed finish to winning week as inflation heats up and consumer confidence hits new low
790 KABC · 790 KABC | Cumulus Media Los Angeles
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Show Notes
Frank Mottek is joined by Michael Farr, chief market strategist at Hightower Advisors, LLC as well as president of the DC investment advisory firm, Farr, Miller and Washington. He shares his assessment of the market's relief rally, citing concerns over the war in the Middle East and its impact on oil prices. We discuss the latest inflation reading, which came in hotter than expected, and its effects on consumer confidence. Kevin Klowden, Executive Director at Milken Institute Finance, joins us to break down the economic implications of the war and its potential impact on the Fed's next move.
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