Stock market hits record highs, oil companies bring in massive profits – how are you feeling? 

KSL's Inside Sources

Stock market hits record highs, oil companies bring in massive profits – how are you feeling? 

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Published on Aug 5, 2026, 12:32:10 PM
Total time: 00:09:47

Episode Description

The U.S. stock market hit record highs on Tuesday, and profits for A-I and oil companies continue to soar. So amidst all of that, how are you feeling? How's your wallet feeling right now? The Trump Administration continues to relish in a strong stock market, but are the benefits trickling down to the average consumer? Dr. Michael Kofoed, Assistant Professor of Economics at the University of Tennessee at Knoxville joins to talk about the disconnect. 

More about KSL's Inside Sources

The all-new Inside Sources. Hosted by Greg Skordas and Dr. Holly Richardson, two well-known voices in Utah’s legal and political circles.