Closing Bell Overtime: A Bull Vs. Bear Market Debate; Why Zillow Doesnt See Housing Prices Coming Down Anytime Soon 06/12/23
Stocks closed higher today, near session highs as the Nasdaq notched its seventh straight positive close. Cantor Fitzgerald\u2019s Eric Johnston and Cresset Capital\u2019s Jack Ablin break down the market action. Third Bridge\u2019s Scott Kessler reacts to earnings from tech giant Oracle. Zillow Chief Economist Skylar Olsen on the highlights from Zillow\u2019s June housing report and why home prices keep climbing. Thomas Karam, Equitrans Midstream CEO, talks the company\u2019s debt deal and why he is urging more bipartisan work in Washington to ensure energy security. SGH Macro Advisors Chief U.S. Economist Tim Duy looks ahead to this week\u2019s important inflation read and the upcoming Fed decision. Plus, ON Semiconductor Hassane El-Khoury joins after the news that the company is joining Nasdaq-100 index next week.