Barker on the Market (22:54)
September 21, 2006—Mike Barker, Investment & Retirement Management looks at the economic news of the week discussing the recent drop in oil prices, the reasons behind the drop, what it means to the economy and the market. He also offers his take on whether global oil prices will fall even further. Barker also looks at this week’s meeting of the Federal Reserve Open Market Committee, discussing the Fed’s current bias and his expectations for Fed actions in meetings to come and his expectations for the upcoming earnings season.