Stephen Kates, certified financial planner and principal at Clocktower Financial Consulting, on oil prices, the Federal Reserve and a busy week for markets episode artwork

EPISODE · Jul 28, 2026 · 5 MIN

Stephen Kates, certified financial planner and principal at Clocktower Financial Consulting, on oil prices, the Federal Reserve and a busy week for markets

from WPTF Morning News

Stephen Kates, certified financial planner and principal at Clocktower Financial Consulting, joins Lisa Price to discuss oil prices spiking above $90 a barrel last week amid escalating U.S.-Iran tensions before pulling back on hopes of diplomacy, with North Carolina gas prices now averaging $3.80 a gallon. Kates also previews a packed economic week including the Federal Reserve's two-day policy meeting under new Chair Kevin Warsh, Thursday's Personal Consumption Expenditures inflation report and first reading on second quarter GDP, and earnings from Apple, Amazon, Meta, Microsoft and other major companies that could make for a volatile week in the markets.

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Stephen Kates, certified financial planner and principal at Clocktower Financial Consulting, on oil prices, the Federal Reserve and a busy week for markets

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