Stocks Recovering Nicely // TSA Volume Back Up // Tight Labor Market Continues - 6/21 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

Categories:

(1:14) - Stocks opened the week in rally mode, with the Dow and S&p 500 making back most of its losses from Friday's selloff. Will investors be able to shake their fears of a Fed rate hike this week?(16:03) - TSA checkpoints are back to seeing heavy volume again, with four out of the last nine days seeing over 2 million passengers. However, supply chain issues are still prevalent for some companies such as American Airlines, who are cutting back on flights not due to demand, but to supply.(29:24) - The labor market remains tight, forcing businesses to get creative when it comes to hiring workers and/or increasing productivity without the desired amount of workers. How big of a role will automation play in businesses, and how soon?(38:02) - The ever-changing infrastructure proposal is now seeing the likelihood of a gas tax decrease, with Republicans in favor of the tax and Democrats opposed to it.