Four Billion for the Gap
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Four Billion for the Gap
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Dave Explains the Economy in Plain English — Ep. 007 — Tue Nov 3
Saudi Aramco said out loud its profit surged on "higher prices of refined products" — that's the gap — the same week a different Carl, Carl Icahn, is paying over four billion for two of Marathon's refineries, and I still don't have a gas number newer than $4.29. Apple beat Wall Street by a billion, a hundred fourteen and a half against a hundred thirteen and a half, partly by charging you more for the phone, the stock fell anyway and the Nasdaq's in its third correction this year; a survey says you need two point six million to retire, which is a number designed to make you quit looking; and LNG supply's headed for its biggest drop on record while Kev finds out what heats his apartment. Donna in Chillicothe asked why her electric bill went up when she's using less.
Dave Scale: Aramco/Icahn 7 · Apple 3 · Retirement 4 · LNG 5
Got a question for Dave? Email dave@daveexplainspodcast.com — Kev reads all of them.