Spike in Food Prices More Worrisome than Energy, Says Bloomberg's Gina Martin Adams

March 4, 2022 – After this week's market wrap-up with Frank Barbera, Bloomberg Chief Equity Strategist Gina Martin Adams explains the impact that $110-115 oil will have on various parts of the global economy, particularly Europe vs. the US. Gina sees a deteriorating growth outlook for most of Europe based on the spike in oil and gas prices but explains why food costs may actually be the bigger issue this year. Next, Jim Grundy at Sisu Energy explains his bird's eye view of the trucking industry where, he says, a massive trucker shortage has led to the point where many truckers are getting paid better than executives on Wall Street. Lastly, Financial Sense Wealth Management CIO Chris Puplava joins for another Smart Macro edition to give an update on how we are thinking about the current investment landscape and the latest moves we've made for clients.

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