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Mark Lister

πŸ‘€ Speaker
696 total appearances
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Appearances Over Time

Podcast Appearances

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

over the last week or two, but still pretty close to three rate hikes expected this year.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

So that would put the OCR at 3% by Christmas.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

Oil prices off a little bit on the back of that talk of a deal between the US and Iran.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

US crude oil prices fell just over 6%.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

That sees them just below US$85.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

That's the lowest in about eight weeks, two months.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

Gold was down 2.5% for the week, and Bitcoin recovered slightly.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

It was up

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

almost 3% last week.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

Still been a tough year for crypto investors.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

Last week was also very notable because we had the highly anticipated debut of SpaceX.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

It debuted on Friday night.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

The share price at one point jumped 31%.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

above its $135 IPO price, it ended up settling at, where did it end?

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

161 or just below that level.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

So up about 19% from its IPO price.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

So that sees the company's market capitalization total value at US $2.2 trillion.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

And that makes it the sixth highest value public company in the world.

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

So pretty amazing, isn't it?

On Point
ep 373 | The week ahead - The Kevin Warsh era begins at the Fed

Right, let's run through some of the releases that we saw over the week.