Thatcher: High Oil Prices Can Cause Economic Impact Like Covid-19
Schwab Network · Schwab Network
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Show Notes
“If you miss a little, you miss a lot” in markets right now, says Ted Thatcher, bringing viewers up to date on the latest oil news. If oil stays around $100/barrel, he thinks we’ll see significant economic impact in the next few months, likening it to the Covid-19 pandemic impact. Turning to the February employment report, he discusses AI and robotics panics and the “doomer narrative” gripping markets. Ted shares the ways he’s finding opportunities in the current market.
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