What $4 Gas Would Do to the Economy
Key Takeaways
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Inflation Headwinds Rising gasoline prices toward the $4 per gallon mark pose a significant threat to the Fed's cooling targets and could dampen consumer sentiment.
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Geopolitical Oil Premium Ongoing tensions involving Iran create a volatile environment for energy prices, with financial incentives for strikes potentially disrupting global supply.
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Enterprise AI Shift Oracle’s recent earnings performance suggests the AI boom is successfully migrating from hardware to cloud infrastructure and software implementation.
Episode Description
Ed Elson speaks with Mark Zandi about the February inflation report and how the Iran war will impact prices going forward. Then he discusses what Oracle’s earnings mean for the AI industry with Jackson Ader. Finally, Ed gives his take on why there’s a financial incentive for the strikes in Iran. Mark Zandi is the Chief Economist at Moody’s Analytics. Jackson Ader is the Managing Director of Software Equity Research at KeyBanc Capital Markets. Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on InstagramSend us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices