We have gone through a string of low inflation. I do not think it dissuades the fed from doing what they had planned to do. The fact that inflation is being made out the way this and the decision could be driven by it, i assume that they will not be data dependent. It is going to be employment and other things driven, which is doing very well. The fact that they may not tighten or take immediate measures because of low inflation, that is news. Yellen is getting dovish anyway, but it plays in flat trends and the market has gotten a little short as well. I think this is a fed the has to wait until they see the whites of the eyes of inflation before they raise rates again. I think we have to understand what kind of environment we are and support being in risk assets. Theres a lot of complacency in the risk market and i wonder when the fed actually does raise rates that if that does start to reduce the Balance Sheet if the market does not have to go through some sort of readjustment proces
Yes, inflation has come down. We have gone through a string of lower inflation. I do not think it dissuades the fed from doing what they had planned to do. The fact that inflation is being made out the way it is and the decision could be driven by it, i assume that they will not be data dependent. It is going to be employment and other things driven, which is doing very well. The fact that they may not tighten or may take remedial measures because of low inflation, that is news. Yellen is getting dovish and the market has gotten a little short as well. And it plays into that and trend and the market has gotten , a little short as well. I think this is a fed the has to wait until they see the whites of the eyes of inflation before they raise rates again. I think we have to understand what kind of environment we are and it is still supportive of being in risk assets. Theres a lot of complacency in the risk market and i wonder when the fed actually does raise rates and starts to reduce th
Yes, inflation has come down. We have gone through a string of lower inflation. I do not think it dissuades the fed from doing what they had planned to do. The fact that inflation is being made out the way it is and the decision could be driven by it, i assume that they will not be data dependent. It is going to be employment and other things driven, which is doing very well. The fact that they may not tighten or may take remedial measures because of low inflation, that is news. Yellen is getting dovish and the market has gotten a little short as well. And it plays into that and trend and the market has gotten , a little short as well. I think this is a fed the has to wait until they see the whites of the eyes of inflation before they raise rates again. I think we have to understand what kind of environment we are and it is still supportive of being in risk assets. Theres a lot of complacency in the risk market and i wonder when the fed actually does raise rates and starts to reduce th
To bloomberg. Joe sure. Francine can you tell us about that first day you started at siemens . Joe it has been a while, obviously, but i was coming into siemens and i thought, oh, my god, they have abbreviations for everything, i dont know nothing anymore about what i studied. So it was quite an experience. Francine going into it, what did you think . Did you think this is a company i want to work for for a long time . Joe i had multiple opportunities. I was interviewing a different places, but then i thought siemens at that time was still in the semiconductor business, the electronic business. I thought this is really cool. They were about to develop this one chip, so it felt pretty cool. So i said, yeah, siemens. That is where i want to be. Francine how has the Company Changed . Joe it is like day and night, really. I was coming into a manufacturing environment, it was about customers. About production and process and cost efficiency, and there was a very technologically focused comp
I do not think it dissuades the fed from doing what they had planned to do. The fact that inflation is being made out the way it is and the decision could be driven by it, i assume that they will not be data dependent. It is going to be employment and other things driven, which is doing very well. The fact that they may not tighten or may take remedial measures because of low inflation, that is news. Yellen is getting dovish and it plays into that trend. The market has gotten a little short as well. That also plays into it. I think this is a fed the has to wait until they see the whites of the eyes of inflation before they raise rates again. I think we have to understand what kind of environment we are and it is still supportive of being in risk assets. Theres a lot of complacency in the risk market and i wonder when the fed actually does raise rates and does start to reduce the Balance Sheet if the market does not have to go through some sort of readjustment process. Jonathan joining