Ed Moya – Big picture what does oil’s continue rise mean for markets and the economy?
Ed Moya, Senior Market Analyst at OANDA joins us for a focus on the energy markets, especially oil. As oil continues to rise we are now hearing predictions of $90 crude. At $90 and higher this brings up a whole new set of challenges for the economy, inflation, and equity markets. We dive into each of these aspects to assess what the true impact could be with higher oil prices.
We also discuss the pop higher in Tesla today on the back of the news Hertz placed an order for 100,000 vehicles.