Squawk on the Street SOTS 2nd Hour: Iran Escalation - Latest Market Moves, The Energy Trade, & LIVE: Intuit, Accenture CEOs 3/19/26
Mar 19, 2026
Neil Dingman, William Blair energy analyst, explains oil, LNG and supply shocks amid Middle East tensions. Dom Rizzo, T. Rowe Price portfolio manager, breaks down semiconductor supply, Micron and AI-driven chip demand. Sasan Ghodrzi, Intuit CEO, discusses buybacks, AI in tax and product strategy. They talk markets, energy, semiconductors and corporate AI moves in quick, market-focused segments.
AI Snips
Chapters
Transcript
Episode notes
Surprise Inventory Drop Signals Slower Growth
- January final reads showed post-sale inventories fell 0.5%, reversing a mid-month rise and signaling inventories didn't spike as feared.
- Leading economic indicators have been negative since Nov 2024, with January down 0.1%, highlighting persistent weakness in growth signals.
New Home Sales Miss Amid Rising Inventory
- New home sales plunged to a 587,000 seasonally adjusted annualized rate in January, well below the 719,000 expectation.
- Inventory rose to a 9.7-month supply and median price fell 4% YoY to $400,500, pressuring housing demand.
Yield Moves Are Pressuring Equities But Not Capitulation
- Ten-year yields near 4.3% and two-year moves are testing market levels, influencing equities to hover near the S&P 200-day average.
- Market breadth shows partial washout but not extreme oversold conditions, implying potential for a snapback rally.