Apple Worldwide Developers Conference Today, Gasoline Up Again, Inflation Worries Grow JUNE 06, 2022
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Apple prepares to kick of its annual developers conference today, where the company is expected to unveil updates to the core operating systems and its long rumored augmented reality device. Daniel Flax of Neuberger Berman gives us the rundown on what to expect from the event. Plus, according to Triple A, the current national average for regular gasoline stands at just under $4.87 a gallon, which is 59% higher compared to this time last year. OPIS Chief Oil Analyst Denton Cinquegrana joins us to discuss the future of gas prices and what’s in store for the consumer. And, the markets’ rally from the brink of a bear market faces an important test this week, as Friday’s consumer price data report may offer insight into how much more the Fed will need to do in its fight against inflation. Marc LoPresti of The Strategic Funds, Jeff Kilburg of Sanctuary Wealth, and Ivory Johnson of Delancey Wealth Management weigh in.