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Not everyone cheers low oil prices, but FOX Business Network Stuart Varney and Money Morning Chief Investment Strategist Keith Fitz-Gerald agree that cheap gasoline is a shot in the arm for the consumer.
The question is whether American consumers will spend the money they save. Keith offers his take in the following clip from his visit to "Varney & Co." today.
Also, Uber's Travis Kalanick has resigned as CEO, giving in to investor demands. Uber has been a major disruptive force since its launch in 2010. The on-demand car service operates in 570 cities across the world. Now bogged down with controversy and lawsuits, and without a leader, what's next for Uber and the ride-sharing market at large?
Keith also offers his insight on Wednesday's slight market dip.
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Tags: oil stocks