Toddo On TV: Fed Still In Control?
Markets, movers and more.
Lukoil's vice president says it costs $4.31 to draw a barrel of oil from the ground, which begs the question: How did crude prices get in striking distance of $150? Toddo weighs in.
Now watch this! Toddo's eyeing the Market Volatility Index (VXO) (this angst measure is half of where it's been during previous pain fulcrums) and Paul Volcker (the former "Fed head" said the financial crisis is the most complicated he's ever seen). Also, the improving margins of consumer non-durables like General Mills (GIS), Pepsi (PEP) and Procter & Gamble (PG).
Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at firstname.lastname@example.org.
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