Stocks' Steep Selloff // OPEC To Boost Production // Has Economic Growth Peaked? - 7/19 (Hour 1)

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

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(0:45) - Markets opened the week selling off, with the Dow over 2% lower. The guys discuss what factors are driving stocks lower, including the spread of the COVID-19 Delta variant as well as U.S. tensions with China.(15:01) - OPEC plus Russia has agreed to boost oil production, which sent oil prices down across the world. Where does oil go from here, and why aren't we seeing a lot of investment in new drilling?(24:25) - The second quarter of 2021 saw rapid and substantial economic growth in the U.S., but was that the peak of post-pandemic growth? (33:35) - Traffic around Greater Boston is once again heavy and close to intolerable, at least for the afternoon rush. However, traffic patterns may change going forward due to a combination of remote work, changes in commuting habits, and career changes.