EPISODE · Nov 18, 2022 · 24 MIN
Are Energy Prices Signaling a Recession, and Time to Bet on “Old Tech”? 11/18/22
from CNBC's "Fast Money" · host CNBC
Energy prices dropped nearly 10% this week and took oil stocks with them. And they weren’t the only commodity lower. So are these markets pricing in the true risk of recession, and what does it mean for the rest of the economy? Plus IBM shares quietly hitting 52-week highs today as legacy tech players continue to outperform the new kids on the block. Should you shift your trades into old tech? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Are Energy Prices Signaling a Recession, and Time to Bet on “Old Tech”? 11/18/22
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