About this episode
The SpaceX IPO - reported to be more than twice oversubscribed - arrives against a turbulent backdrop, with the chip sector posting its worst single-day drop of the year on Friday. A blowout May payrolls report has markets pricing in nearly two Fed rate hikes within 12 months, defying President Trump's calls for lower rates. And oil surges more than 4% after Israel and Iran trade missile strikes, adding fresh heat to the inflation outlook.
Today’s recommended site: Reuters Open Interest
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Produced by Eliza Davis Beard and Abisoye Adelusi
Sound engineering and music by Sebastian and Josh Sommer
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