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0.000843383655224714 0.00337353462089897 0.00202412077253938 -0.00969891203508481 -0.0215062832082315 -0.0200725309943494 -0.0152652441595682 -0.0143796913215822
Stock impact report

Kelly Evans: Echoes of 2008 [CNBC]

CF Industries Holdings, Inc. (CF) 
Last cf industries holdings, inc. earnings: 2/12 04:30 pm Check Earnings Report
US:NYSE Investor Relations: snl.com/irw/corporateprofile/4533245
Company Research Source: CNBC
Oil prices are soaring, the labor market is slowing, and one area of the credit markets is blowing up. Is the year 2008, or 2026? Yes, there are some similarities between now and what happened before the Great Financial Crisis. The biggest difference, people argue, is that back then, rising commodity prices were demand-driven, and right now, oil prices are soaring because of the war on Iran. So what should the Fed's response be? If this were merely a war-induced supply shock, you'd expect interest rates to fall on a slowing economy. Instead, rates are rising. Even after the jobs report this morning showed the surprise loss of 92,000 jobs last month, the 10-year Treasury yield is nearing 4.2% this morning, up from sub-4% before the Iran attacks. And that's because oil prices keep shooting higher. Our U.S. benchmark West Texas is nearing $90 a barrel , up from a low of $55 in December. Gasoline prices have shot up to $3.32 a gallon nationwide already, up from $2.89 a month ago. F Show less Read more
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