Closing Bell: 4-Day Win Streak, Oil Rebounds & Inflation Peaking? 7/7/22

Stocks rallying again on Wall Street with the S&P 500 ending in the green for the 4th straight day. That's the longest winning streak of the year for the benchmark index. However, Wells Fargo's Paul Christopher recommends staying defensive despite the recent rally, but believes investors should be long-term buyers of tech stocks. World Bank President David Malpass says the U.S. may be able to avoid a recession and inflation may have peaked. NatWest Markets' Michelle Girard explains why she thinks tomorrow's June jobs report will come in stronger than expected and what that means for the economy. And Oil rebounding from this week's sharp losses. Hayman Capital Management Founder Kyle Bass correctly predicted this year's oil rally and thinks investors should still be buying oil on any dips. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.