SHOCK FORECAST: Oil costs may drop quick after deal

The Lonski Group President John Lonski examines the impression of oil costs on the markets and economic system amid Middle East tensions and what the Federal Reserve may appear like underneath Kevin Warsh on ‘Varney & Co.’

00:00 Introduction: Oil & Inflation Outlook
00:27 Iran’s Impact on Oil Prices
01:11 The Real Cost of Gasoline
02:11 Kevin Warsh & The Future of the Fed
03:11 Shrinking the Fed’s $6.7 Trillion Portfolio
04:03 Mortgage Rates & The Housing Market

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