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'Not going to happen': Fox News has bad news for Trump
What happened
The “bad news” came from Kevin Mahn, chief investment officer at Hennion and Walsh—not from Fox News as an institution. Appearing on Fox on Wednesday, Mahn said investors should not expect oil prices to fall quickly after the midterm elections or assume the Strait of Hormuz will simply reopen. With oil trading above $100 a barrel, he warned that sustained energy inflation could pressure the Federal Reserve to consider raising interest rates.
AlterNet reported that oil had approached $110 a barrel, a five-month high. Citing Reuters, it attributed the surge to intensified conflict…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.