| 'Not going to happen': Fox News has bad news for Trump On Wednesday, a guest on Fox News had some bad news for President Donald Trump, who is desperately hoping for fuel prices to come down. But according to Kevin Mahn, Chief Investment Officer at the wealth management firm Hennion and Walsh, it's not going to happen. 'Oil is the largest overarching concern I have for right now,' said Mahn, 'because I think a lot of investors assume once we get to the midterm elections and pass them, somehow the Strait of Hormuz is going to magically open and oil prices are going to start to come down. And I don't think it's going to happen that quickly. And if we continue to see a trade above $100, then the Federal Reserve is going to think they have to do something.' |
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At www.alternet.org from AlterNet
At www.alternet.org from AlterNet
