The Good News and The Not So Good News
In today's iAllegedly video, I break down the latest Iran (MOU) memorandum of understanding and what it could mean for energy prices, oil markets, inflation, and the broader economy. While increased oil supply could provide some relief at the gas pump, the economic challenges facing Americans remain severe. Dan discusses why gas prices are still elevated, why mortgage rates remain above 6%, and how rising utility costs continue to squeeze household budgets across the country.The bigger concern may be what is happening beneath the surface of the economy. Americans borrowed tens of billions of…
The skinny
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