Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

Frank is on the road for business for the week, so I, Daniel, am leading the show today.   I kick things off with a recap of my road trip to Ohio… including some good news about how our tax dollars are being spent. (I swear I’m not being sarcastic.)   Stocks are rallying even as war is breaking out in the Middle East. It’s a great example of how markets and reality can be vastly different. I explain why this bounce could continue through the end of the year.   As expected, oil prices popped in response to the violence. Regular listeners know I’ve been bullish on energy for many months. I explain why the current environment creates major tailwinds for oil prices… why every investor should have exposure to energy stocks… and how the war impacts my thesis.   Next, I break down today’s Producer Price Index (PPI)… highlight the one data point to focus on in tomorrow’s Consumer Price Index (CPI) report (hint: it’s all about energy prices)... and explain why the numbers could force the Fed to raise rates eve