The Latest on the OPEC+ Meeting, Stock Futures, and the Trading Week Ahead 12/05/22
The price of crude oil is catching a bid after a very busy 24 hours on the energy front. RBC Capital Markets’ Helima Croft recaps the OPEC+ meeting. Plus, futures are lower ahead of the Federal Reserve’s December meeting, where investors are expecting a 50 basis point rate hike. Sanctuary Wealth’s Mary Ann Bartels gives her take. And, it’s a busy week ahead for economic data, with new reads of the Producer Price Index and ISM Services Index on deck. Veritas Financial’s Greg Branch previews the new trading day.
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