
About this episode
Kevin discusses various economic indicators and their implications, including jobless claims, interest rates, and oil prices, with insights from guest Phil Flynn.
Kevin discusses and covers the following stories: weather is in the news; the U.S. Labor Department reported Weekly Initial Jobless Claims; the Bureau of Labor Statistics reported the Producer Price Index (PPI) and Core PPI; the European Central Bank voted to raise their benchmark interest rate, and what that means for the Federal Reserve meeting next week; the National Association of Realtors reported the May Existing Home Sales; Phil Flynn, Senior Market Analyst, Author of the Energy Report, explains why President Trump refrained from striking Iran over the last few weeks; oil prices reacted to Trump cancelling further planned strikes on Iran, Trump's announcement that peace talks have been brought to the highest levels of the Iranian leadership; gas prices continue to retreat; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions. See omnystudio.com/listener for privacy information.
People in this episode
Host: Kevin
Guest: Phil Flynn
Topics covered
- jobless claims
- producer price index
- interest rates
- home sales
- oil prices
- Iran
- gas prices
Keywords
- jobless claims
- producer price index
- interest rates
- home sales
- oil prices
- gas prices
- Iran
Mentioned in this episode
Organizations: U.S. Labor Department, Bureau of Labor Statistics, European Central Bank, National Association of Realtors
Places: Iran
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