Hiking Rates, Calling Big Oil, & Hedging Portfolios 6/15/22

The S&P 500 fails to rebound, the markets are poised for the Fed’s big rate hike, inflation and pump pressures are on, and crypto is crumbling. Founder and chairman of Equity Group Investments Sam Zell shares his unfiltered perspective on the Fed, energy prices, and DC policy, all from his vantage point as a real estate billionaire and energy, health care, and manufacturing investor. President Biden is asking oil CEOs to boost gasoline supply and is calling their profits “unacceptable.” Plus, we’re bidding adieu to Internet Explorer.  In this episode:Brian Sullivan, @SullyCNBCJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.