Closing Bell cover image

Closing Bell

Closing Bell: The Case for Small Caps, Jobs Data & Geopolitical Tensions 10/7/24

Oct 7, 2024
Dan Greenhouse, Chief Strategist at Solus Alternative Asset Management, discusses market stability amidst geopolitical tensions. Jordan Jackson from JP Morgan sheds light on market trends shaped by the Federal Reserve. Yuma Young from BMO Wealth Management contrasts market noise with core economic strengths. Chris Verone of Strategas analyzes the surge in yields and its effects on utilities. The conversation navigates rising oil prices, the utilities sector's resilience, and emerging investment opportunities amidst economic uncertainties.
41:52

Podcast summary created with Snipd AI

Quick takeaways

  • The podcast highlights a significant global hunger crisis, prompting a matching donation initiative for the World Food Program to encourage community support.
  • Fluctuating oil prices, influenced by geopolitical tensions and natural disasters, significantly affect market behavior and investor confidence in economic stability.

Deep dives

Global Commitment to Combat Hunger

Nearly a billion people experienced hunger last year, highlighting a significant global crisis. As part of an effort to bolster support for those on the front lines, a new commitment was announced, where donations to the World Food Program will be matched up to $250,000. This initiative runs until December 1st or until the fundraising goal is met, encouraging individuals to contribute to alleviating hunger. Such collaborative efforts aim to galvanize public support and resources, showcasing how community involvement can make a substantial difference in addressing food insecurity.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner