This chapter discusses the recent decision by Saudi Arabia to restrict their oil production and the potential impact on global oil supplies. It also highlights the consequences of higher oil prices on inflation and the response of the Federal Reserve. Additionally, it explores the connection between oil prices, consumer behavior, and transportation companies.
Bloomberg News International Economics & Policy Correspondent Michael McKee and Ellen Wald, President of Transversal Consulting, discuss the impact oil is having on US inflation. Bloomberg News Senior Management and Workplace Reporter Matthew Boyle provides the details of his Businessweek Magazine story MBAs Are Spurning McKinsey and Goldman to Buy Small Companies. Sumant Sinha, CEO at ReNew, talks about renewable energy investing and transition. And we Drive to the Close with Thomas Martin, Senior Portfolio Manager at Globalt Investments.
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