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Transcripts For BLOOMBERG Bloomberg 20240704

Happen is yes, inflation is going to come down slowly. That deep inflation tail risk has been cut off. If we were to get inflation to a level or we have to respect that again, that becomes the real risk to the market. Inflation is sticking. Announcer this is bloomberg surveillance with jonathan ferro, several modes and annmarie hordern. Jonathan the third hour begins right now. Your equity market on the s p 500 just about positive after closing at alltime highs in yesterdays session and i climactic in so many ways. It is the calm after the storm that never came. Lisa that has been the story of the entire year. Everyone is calling for a storm, he could be a bubble, cant take it, and guess what, we are now north of 5200. The price target people upgraded to just a year ago. This train keeps moving. Jonathan i welcome it. Looking ahead to retail sales tomorrow, we are light on data this morning but tomorrow, looking to claims, the estimate so far in the survey that is barely moving from th

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