Oil Prices in 2023, the DC Agenda, and Rising Stock Futures 01/03/23
Oil prices are holding steady today despite weaker factory data from China and a warning from the head of the IMF about a tough year ahead for the global economy. Rystad Energy's Jorge Leon gives the 2023 outlook. Plus, as Congress prepares to return to Capitol Hill, Republicans are set to take control of the House, presenting new challenges for President Biden's agenda. American Enterprise Institute's Jim Pethokoukis explains what's to come. And, stock futures are higher to start off the year as investors look to January as a market predictor for the rest of the year. Silvercrest Asset Management's Robert Teeter and Pivotal Advisors' Tiffany McGhee break down the trading day ahead.
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