Of Concern Today: Natural Gas Futures, the PPP, and the June Jobs Report JULY 8, 2022

Natural gas futures in Europe are trading at $50 or more right now with no sign of coming down. Per Magnus Nysveen of Rystad Energy dives into the imminent pressure European countries are feeling to fill up their storage tanks ahead of winter. Plus, a new report by the St. Louis Fed says that the Paycheck Protection Program (PPP) was “not well-targeted.” Jimmy Pethokoukis of the American Enterprise Institutes explains why. And, markets are gearing up for the release of the monthly jobs report in just a couple of hours. Gina Sanchez of Chantico Global and Simeon Hyman of ProShares Advisors talk inflation, recessionary fears, and investment strategies.