Closing Bell Overtime: Stocks Break 2-Day Win Streak 10/5/22
Closing Bell
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Oil Prices Floated During the 1970s, Not Like They Are Now
Oil prices fluctuated during the 1970s, not unlike they are now. And I think that's the key here to the analogy. It is a supply-side shock that is going to make central banks job so hard. The impact of that will be felt long after the war in Ukraine, if it ends anytime soon.
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