Motley Fool Money A 1700s Cobbler Is Going Public
Sep 15, 2023
Join Jason Moser, a savvy analyst from Motley Fool, and Bill Mann, an expert on market trends, as they dissect the current state of oil prices and its nuanced effects on inflation. They also dive into Apple's latest iPhone release, exploring innovation fatigue. Author Ben Mezrich shares the jaw-dropping origins of the meme stock phenomenon that fueled GameStop's rise, tying it to his upcoming film 'Dumb Money.' Lastly, Moser and Mann spotlight PayPal and Schwab, highlighting their potential in today's market.
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Oil's Impact
- Oil prices are sensitive to global economic growth and impact everything.
- Small supply disruptions greatly affect prices, as seen with OPEC's production cuts.
Household Gasoline Spending
- Gasoline is often the most expensive energy-related household expense.
- In 2021, average household gasoline spending exceeded electricity, natural gas, and fuel oil combined.
Oil and Inflation
- Oil's inflationary impact is short-term due to quick price fluctuations.
- Oil's role in inflation is less significant than other factors over the long term.
