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Rusty Braziel, A Closer Look At The CPI & Breaking Down Big Bank Earnings 10/14/22

Mad Money w/ Jim Cramer

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Oil Is Going Down Despite the Two Million Dollar Cut

OPEC announces two million barrel a day cut in oil production. The price of WTI crude oil settled one dollar lower than it was the day before OPEC made their announcement so crude oil prices are down. Energy markets have basically priced in a mild recession at this point, says Jim Boulden.

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