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Stocks slump, big banks beat and LA’s housing market standstill 10/14/22

Power Lunch

00:00

Oil Sliding. And Pip Santelli Back at the Commodity Desk

Three major demand forecasters slash their outlook. WTI is down 4% at 85, 64 with Brent crew down 3% at 91, 72. Natural gas posts an eighth straight week of declines for the first time since 2001. Jonathan Comp says there is a short term trading opportunity and a few names.

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