Will High Oil Prices Kill Demand? Why JPMorgan Says Book Your Travel Now

About this episode

The episode discusses high oil prices, the Federal Reserve's decisions, and travel advice from JPMorgan's Natasha Kaneva.

In this week's episode of WSJ’s Take On the Week, co-hosts Telis Demos and Miriam Gottfried analyze the Federal Reserve’s latest decision to hold rates steady—and the surprising shift in market expectations toward a potential hike. They break down Fed Chair Jerome Powell’s take on the Misery Index and whether stagflation is truly returning this year. The hosts also discuss what to watch for at the upcoming CERAWeek energy conference. After the break, Miriam and Telis are joined by Natasha Kaneva, head of global commodities research at JPMorgan. Kaneva explains the math behind why oil could hit a $125 ceiling and why $90 marks the red line for global demand destruction. She details China's push for energy self-sufficiency, and shares critical advice for your summer travel plans. This is WSJ’s Take On the Week where co-hosts Telis Demos, Heard on the Street’s banking and money columnist, and Miriam Gottfried, WSJ’s investing and wealth management reporter, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear…

People in this episode

Hosts: Telis Demos, Miriam Gottfried

Guest: Natasha Kaneva

Topics covered

• oil prices
• Federal Reserve
• market expectations
• stagflation
• energy conference
• travel plans

Keywords

• oil prices
• Federal Reserve
• JPMorgan
• travel plans
• CERAWeek
• stagflation
• market expectations

Mentioned in this episode

Organizations: JPMorgan, Federal Reserve, WSJ

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