Small Caps Hit 1991 Milestone While Diesel Tops $5

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Show notes

Small-cap stocks notch their best first half since 1991, diesel surges past $5 a gallon as Iran tensions rattle fuel markets, and Fed officials signal rates may need to go higher even as the housing market struggles. Plus, UnitedHealth raises its outlook, Eli Lilly bets $2.8 billion on psychedelics, and consumers face a mixed picture of inflation relief and rising grocery pressure.

Timeline

  • 00:00:00 Opening
  • 00:00:04 Introduction
  • 00:00:27 Small-Cap Rally Hits a Three-Decade Milestone
  • 00:01:12 Diesel Crosses $5 as Iran Tensions Hit Fuel Markets
  • 00:02:11 Fed Officials Lean Hawkish as Housing Market Sputters
  • 00:03:11 UnitedHealth Beats, Lilly Bets on Psychedelics
  • 00:04:03 Consumer Cross-Currents: Inflation Relief Meets Fuel and Grocery Pressures
  • 00:04:53 Closing

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