HomeMarketsU.S. Economy & JobsIf Energy Costs Go Up, You Can't Expect The Price Of Goods To Cost Less

If Energy Costs Go Up, You Can't Expect The Price Of Goods To Cost Less

If energy costs go up, you can't expect the price of goods to cost less, notes Alan E. Becker. He talks about how markets rebound from morning lows ahead of tomorrow's CPI print. He discusses warning signs of increasing economic stress on consumers. He mentions that 401K hardship withdrawals are up, and investors should prepare for more volatility. He outlines the role of gas prices in the Fed's fight against inflation, highlighting that the national average gas price is $3.83, according to AAA. Finally, he goes over volatility trends investors should have on their radar, as well as market strategies to consider in the current environment. Tune in to find out more about the stock market today.

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09 Aug 2023

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