Video News/Market Analysis

Jeremy Szafron, Anchor at Kitco News, interviews Ted Oakley, Managing Partner at Oxbow Advisors, to discuss the latest U.S. economic data and the challenges facing the markets. With U.S. services showing slow growth, stagnant employment figures, and order backlogs dropping sharply, Ted Oakley gives his perspective on government spending, investor complacency, and the Fed’s inability to handle the looming recession. Ted also discusses how his firm is positioning in defensive investments like energy, healthcare, and treasuries amidst rising economic uncertainty.