Stocks mixed as oil spikes on a report the U.S. might seize Iran's uranium
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Frank Mottek discusses today's marker action and oil price spike with Ken Winan's, a top-ranked money manager and President of Winans Investments. They discuss the latest market developments, including the price of oil hitting $100 a barrel for the first time since 2022 and the impact on the economy. Ken shares his insights on the mixed bag of market performance, with tech stocks down and energy stocks up. They also touch on the potential for stagflation, the importance of transportation stocks, and the latest news on private credit and the crypto market.
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