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Jul 12, 2022

First, it was winter. Now, it’s a cruel summer testing the Texas power grid.

The operator of the Texas power grid is asking people to not run their air conditioners as much in the face of blazing summer heat. Jeffrey Cleveland of Payden & Rygel joins us to discuss the state of the markets and where the Fed plans to take interest rates. Inflation and other factors haven’t stopped businesses popping up in rural parts of the country.

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Experts say the U.S. needs significant investment in energy infrastructure to avert further climate change and avoid power grid failures like the one seen in Texas last week.
Experts say the U.S. needs significant investment in energy infrastructure to avert further climate change and avoid power grid failures like the one seen in Texas last week.
Joe Raedle/Getty Images

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