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The Promised Land for Stocks with Liz Young of SoFi and Caleb Silver of Investopedia

RiskReversal Pod

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The Fed's Job Just Got Difficult

I was surprised at how resilient energy stocks were, and they have been despite the fact that crude went below 70 for a period of time. Now you have the OIH back to 300 bucks ish. You have ExxonMobil within a couple of dollars of its all time high. And a lot of these levered names are off to the races. So yeah, energy is in play. It makes a Fed's job that much more difficult because as you mentioned, gas prices have actually started to tick up before this move.

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