Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
A new report by the Joint Economic Committee Republicans contends that gasoline prices — which have increased exponentially over the past few months and are a major contributing factor to the four-decade high inflation — are due to supply and demand imbalances, with the Russia-Ukraine war playing a minimal part.
Chris Cook, senior equity trader and research analyst at Frost Investment Advisors, told GOBankingRates that energy companies are posting record cash flows and profits largely due to the surge in global commodity prices, stemming from the supply imbalances we’ve had since exiting the pandemic.
Excerpted from GOBankingRates on July 28, 2022. To read full article, click here.
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