Jun 2, 2021
Crude oil prices up = optimism for the global economy
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The price of crude oil is spiking, with some of that driven by the economies around the world that have been able to move away from pandemic restrictions on travel. Plus, a bulldozer is an uninspiring way to deal with an empty J.C. Penney. What about turning it into affordable housing? And, corporate leaders have pledged to take into account the needs of the earth, communities, employees and other stakeholders beyond shareholders. How do you measure whether they're meeting that pledge?
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Segments From this episode
"As people get more confident that the economy is coming back online, the price of oil is increasing"
That’s according to Susan Schmidt, head of U.S. equities at Aviva Investors. “And we’re seeing it now approach levels that we saw in 2018. That’s a healthy sign on expectations.”
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Music from the episode
Love Lies (with Normani) Khalid, Normani
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Meredith Garretson Morbey
Senior Producer
Alex Schroeder
Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Brian Allison
Technical Director
