Dec.29 — Romaine Bostick & Taylor Riggs bring you the latest news and analysis leading up to the final minutes and seconds before the closing bell on Wall Street and tackle the latest on stimulus, the outlook for 2021 and bets against the dollar Guests Today: David Kotok of Cumberland Advisors, John Tyalor of Stanford University, John Buckingham of Kovitz, Jens Nordvig of Exante, Brian Levitt of Invesco, Jason Schenker of Prestige Economics

#RussiaUkraine #bonds #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed
#YahooFinance #investing #stockmarket #bitcoin #crypto
Get the latest up-to-the-minute continuous stock market coverage and big interviews in the world of finance every Monday–Friday from 9 am to 5pm (ET).

U.S. stocks were mixed on Monday as investors monitored the potential for more sanctions against Russia amid ongoing concerns over inflation and global economic growth.

The S &P 500 traded flat, while the Dow dipped. The Nasdaq Composite rose about 0.4% just after market open as technology shares outperformed. Shares of Twitter (TWTR) soared by more than 20% after Tesla (TSLA) CEO Elon Musk disclosed he now owns an about 9.2% stake of the social media company.

Investors globally considered the European Union’s next punitive measures against Russia as the more than month-long war in Ukraine escalated further. The EU responded Monday to apparent war crimes in Ukraine, as Russian forces allegedly now widely killed civilians and attacked civilian infrastructure in major cities, with the bloc saying in a statement it would, “as a matter of urgency, work on further sanctions against Russia.” Some major European officials including Germany’s defense minister said they would support banning Russian natural gas — a move previously excluded from sanctions as Russia supplies about 40% of Europe’s gas energy.

U.S. crude oil prices edged higher Monday morning and looked to rise for the first time in three sessions. Brent crude oil, the international standard, also gained.

JPMorgan (JPM) CEO Jamie Dimon also called attention to the war in Ukraine as one of three key risks he saw to the economic outlook, according to his widely read annual shareholder letter released Monday. The other included “the dramatic stimulus-fueled recovery from the COVID-19 pandemic” as well as “the likely need for rapidly raising rates and the required reversal of QE [quantitative easing]” from the Federal Reserve, Dimon said.

“We do not know what its outcome ultimately will be, but the hostilities in Ukraine and the sanctions on Russia are already having a substantial economic impact. They have roiled global oil, commodity and agricultural markets,” Dimon said. “Our economists currently think that the euro area, highly dependent on Russia for oil and gas, will see GDP growth of roughly 2% in 2022, instead of the elevated 4.5% pace we had expected just six weeks ago. By contrast, they expect the U.S. economy to advance roughly 2.5% versus a previously estimated 3%.”

For more on this article, which is updated throughout the day please visit:
https://finance.yahoo.com/news/stock-market-news-live-updates-april-4-2022-114851715.html

My guest today is oil and gas expert Josh Young. Josh is the Chief Investment Officer and Founder of Bison Interests, which focuses on investing strictly in oil and gas, which has become very contrarian over the last few years. We had Josh on the show in Q1 and were blown away with the extent of his knowledge, which is very useful at the moment as oil swings from decade highs to average lows. A lot has been happening in the oil and gas markets so we spend the first half of the discussion catching up on Q2 headlines and spend the back half of the show discussing Buffett’s recent massive investments in both Chevron and Occidental. 

IN THIS EPISODE, YOU’LL LEARN:
00:00:00 – Intro
00:01:44 – Why the price of oil has been experiencing 30% swings in Q2
00:06:44 – How the war between Russia and Ukraine has been affecting the oil and gas markets
00:23:32 – How interest rates continuing to climb could affect the supply and demand of oil
00:28:04 – Recession risks for oil and why some smaller producers are experiencing very low valuation multiples
00:48:36 – Why Buffett’s Berkshire Hathaway has now invested $26B into Chevron and $13B into Occidental and shows no sign of slowing down
00:51:55 – How retail investors can think about investing like Buffett with a much smaller portfolio
01:04:47 – A forecast for airline stocks

I always learn a ton from Josh and this one is a doozy. I hope you enjoy it and without further adu, here is my conversation with Josh Young.

✔️ Subscribe to Bitcoin Fundamentals/We Study Billionaires podcast show: https://link.chtbl.com/WSB468

��️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/episodes/why-buffett-is-investing-in-oil-companies-w-josh-young/

▶️ MENTIONED EPISODES:
– (TIP429) What is Happening with Oil? w/ Josh Young: https://www.theinvestorspodcast.com/episodes/what-is-happening-with-oil-w-josh-young/

�� OTHER RESOURCES
– Visit Bison Interests: https://bisoninterests.com/
– Connect with Josh: https://twitter.com/Josh_Young_1
– Bison Research on Buffett: https://bisoninterests.com/content/f/buffett-buys-oil-gas-stocks
– Connect with Trey: https://twitter.com/TreyLockerbie
– Check out our hosts’ favorite apps and services for investing, personal finance, and education: https://www.theinvestorspodcast.com/affiliates/
– Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3PVyNfF

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤

LISTEN �� TO OTHER SHOWS FROM OUR NETWORK:

₿ If you’re interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ

��Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU

�� Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn

��Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤

FOLLOW US ON SOCIAL MEDIA��:

�� Facebook: https://www.facebook.com/groups/theinvestorspodcast/

�� Linkedin: https://www.linkedin.com/company/the-investor’s-podcast/

�� Twitter: https://twitter.com/TIP_Network

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤

�� Download Stig & Preston’s 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/

⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.

Bloomberg Surveillance: Early Edition, live from London and New York. Tom Mackenzie and Anna Edwards deliver the latest news and analysis on the markets with leaders in global finance and economics. Forterro CEO Dean Forbes discusses diversity in tech. Anita Balchandani, Partner at McKinsey and Lisa Hooker, Head of Consumer Goods at PWC discuss Black Friday.
——–
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/