AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Bull Market In Oil Is Over (For Now) | Paul Sankey
Forward Guidance
The US Economy and the Stock Market
I think that the US economy is so enormous and we're on such a high base that it's a beast to slow this thing down. The rich get richer and the poor get poorer in terms of the stock market, essentially the 1% own 50% of the market. Black people own almost no stocks, so it's very difficult to know the extent to which essentially this will be stock as wealth concentration continues. So I guess what I constantly wonder is how the US economy keeps going as well as it does seemingly.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode