Might Hotter Weather Bring Hotter Inflation?
IBKR Podcasts - A podcast by Interactive Brokers Podcast
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Steve Sosnick, chief strategist, is joined by Jose Torres, senior economist, and Joe Burke, head of fixed income. They discuss the July employment report, the ramifications of the 2-10 inversion, and how hotter weather might be affecting gasoline prices, utility expenditures, and thus consumers’ finances.