Wood expects nominal GDP growth to reach 6% to 8% and sees long-term interest rates potentially reaching 5% to 7%.
She also expects the shift toward electric transportation to reduce oil demand and eventually push crude prices toward $30-$35 a barrel.
Wood said 7% growth could ultimately “look conservative in hindsight”
Interested in SPDR S&P Oil & Gas Exploration & Production ETF? Here are five stocks we like better.
Energy ETFs have surged in 2026 amid supply disruptions from the Iran war, with all three funds discussed returning at least 40% year to date.
» Read more about: 3 Energy ETFs Built for Oil’s New $100-Plus Reality »
For Americans dealing with the increase in interest rates by the Federal Reserve, the effect depends heavily on whether they are borrowing money, saving money or both. Homebuyers can face higher monthly payments. Credit-card borrowers can see higher interest charges. New borrowers can face higher financing costs. Savers could actually benefit.
» Read more about: What higher interest rates mean for mortgages, borrowers and savers in US »
When it comes to retirement finances, October is often an important month. Not only does Medicare’s annual open enrollment period begin, but it’s also when the Social Security Administration (SSA) typically announces an official cost-of-living adjustment (COLA) for the new year.
At this point, we’re less than one month away from that news.
U.S. stock futures moved slightly higher on Wednesday as investors monitored developments around Meta Platforms’ (NASDAQ:META) Muse AI agent, Middle East diplomacy and upcoming U.S. business activity data.
At 02:57 ET, Dow futures were up 41 points, or 0.1%, while S&P 500 futures gained 7 points, or 0.1%.
On Wednesday, Nvidia (NVDA -0.41%) revealed that it has chosen IonQ‘s (IONQ +5.74%) Superion 256 system as the first quantum computer to be installed at the Nvidia Accelerated Quantum Research Center. IonQ is a pure-play quantum computing start-up,
» Read more about: Better Quantum Computing Stock: Nvidia vs. IonQ »
The Securities and Exchange Board of India (SEBI) board has cleared the introduction of a Portfolio Managers’ Route for Investing in Mutual Fund Units (PRIM), allowing portfolio management services (PMS) players to invest clients’ money in direct plans of mutual fund schemes, including exchange-traded funds (ETFs), index funds and specialised investment funds (SIFs).
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» Read more about: Buffett's Succession Plan Shows What Makes Berkshire Hathaway Unique »
While the One Big Beautiful Bill Act (OBBBA) changed the federal taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services,
» Read more about: Tax Complexity Now Costs the US Economy over $544 Billion Annually »
TD SYNNEX has quietly crushed Nvidia’s returns in 2026, yet its record-breaking quarter sent the stock tumbling on a cash flow number so alarming it stopped investors cold.
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