About this episode

The episode discusses the pressures on oil prices due to geopolitical tensions and inflation risks, alongside insights into the labor market and wealth distribution.

Oil prices remain under pressure as the new Iran blockade raises fresh questions about how long global supplies can hold up without another major disruption. Chuck Zodda and Marc Fandetti break down why the Strait of Hormuz remains a key risk for oil markets, how depleted reserves and record-high crack spreads are keeping pressure on gas prices, and why China’s oil demand could quickly change the global supply picture. They also discuss the hidden volatility beneath the S&P 500, why labor force participation may point to a tighter jobs market than headline numbers suggest, how the coming Boomer wealth transfer could widen the gap between wealthy families and everyone else, and why Kevin Warsh is using his first major testimony to build credibility as an inflation fighter.

People in this episode

Host: Chuck Zodda

Guest: Marc Fandetti

Topics covered

• oil prices
• global supply
• inflation risks
• labor market
• wealth gap
• S&P 500 volatility

Keywords

• oil prices
• inflation
• global supply
• labor market
• wealth transfer
• S&P 500
• gas prices

Mentioned in this episode

Places: Iran, Strait of Hormuz, China

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