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Saudi Arabia's Production Cuts, Tech's 6-Week Win Streak, and Split Market Positioning 6/05/23 episode artwork

EPISODE · Jun 5, 2023 · 45 MIN

Saudi Arabia's Production Cuts, Tech's 6-Week Win Streak, and Split Market Positioning 6/05/23

from Morning Call · host CNBC

The world's largest oil exporter, Saudi Arabia, will slash production by 1 million barrels per day starting next month. Kpler's Viktor Katona explains the impact on oil prices. Plus, tech continues to outperform the broader markets, with the Nasdaq notching its first 6-week win streak since 2020. Laffer Tengler Investments' Nancy Tengler and Arete Research's Rocco Strauss discuss the sector. And, split positioning within the markets shows just how fragile this year's rally may be. 248 Ventures' Lindsey Bell and CIC Wealth's Malcolm Ethridge weigh in on the trading week ahead. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode metadata supplied by the publisher feed · Published Jun 5, 2023

What this episode covers

The world's largest oil exporter, Saudi Arabia, will slash production by 1 million barrels per day starting next month. Kpler's Viktor Katona explains the impact on oil prices. Plus, tech continues to outperform the broader markets, with the Nasdaq notching its first 6-week win streak since 2020. Laffer Tengler Investments' Nancy Tengler and Arete Research's Rocco Strauss discuss the sector. And, split positioning within the markets shows just how fragile this year's rally may be. 248 Ventures' Lindsey Bell and CIC Wealth's Malcolm Ethridge weigh in on the trading week ahead.

PodParley-generated summary based on available episode metadata and transcript content.

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Saudi Arabia's Production Cuts, Tech's 6-Week Win Streak, and Split Market Positioning 6/05/23

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This episode is 45 minutes long.

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This episode was published on June 5, 2023.

What is this episode about?

The world's largest oil exporter, Saudi Arabia, will slash production by 1 million barrels per day starting next month. Kpler's Viktor Katona explains the impact on oil prices. Plus, tech continues to outperform the broader markets, with the Nasdaq...

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