Jerome Powell Reassured Investors & Energy And Healthcare Bill

Published: July 28, 2022, 6:24 p.m.

b'"A 75 BPS rate hike is quite significant historically. Financial stocks rallied on this news. During Covid, money was spent on the stimulus, but nothing that would impact commodity prices. However, the Energy and Healthcare Bill would influence commodity and Futures prices," says Kurt Nelson. Nelson also weighs in on crude oil and metals like platinum and gold.'