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Biden’s absurd plan to suppress oil prices

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Synopsis

It’s earnings season!  Daniel and I start by digging into Netflix’s latest quarterly results. Daniel highlights the numbers that impressed him the most... while I point to a few red flags investors should watch out for.  Asset manager BlackRock is taking some heat for its ESG (environmental, social, governance) stance. We break down the controversy… how it affects investment in certain areas… and whether it’s a good idea for asset managers to play politics. The White House just released a fact sheet about its plans to keep draining the strategic petroleum reserve (SPR) before refilling it next year. Daniel breaks down this absurd plan to suppress energy prices… and why it creates a major tailwind for investors looking for reliable and growing income. In this episode Daniel’s take on Netflix’s earnings [0:50] A few Netflix red flags to watch out for [6:10] Blackrock’s ESG drama [17:44] The White House’s absurd plan for the SPR [24:35] Frank’s favorite picks in the oil sector [35:00] Where to find reliable and