Name: Uncertainty In The Market, Crude Oil Should Be Between $45 To $70
Uploaded: 2023-09-15T15:28:19.431-05:00
Duration: 7 min 36 s
Description: The recent PPI data came in hot and the markets rallied, which was likely due to the headline number that was driven by crude oil prices. Randy Frederick says that $45 to $70 is a comfortable range for the energy commodity. What will the PCE data indicate? Kathy Jones says that bond yields continue to hold in a choppy range and that the focus is shifting to the upcoming FOMC meeting.

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The recent PPI data came in hot and the markets rallied, which was likely due to the headline number that was driven by crude oil prices. Randy Frederick says that $45 to $70 is a comfortable range for the energy commodity. What will the PCE data indicate? Kathy Jones says that bond yields continue to hold in a choppy range and that the focus is shifting to the upcoming FOMC meeting.

Uncertainty In The Market, Crude Oil Should Be Between $45 To $70

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