Any news of prices falling increases the hopes from investors that the fed will start cutting the main interest rate, sooner rather than later. Joining me now is wei li, global chief Investment Strategist at blackrock. Thank you for being here. What impact is this having on the markets this morning . This is a welcome relief. We are seeing some information as expected. Part of the inflation is cooling down a little bit coming from very elevated levels earlier in the year. Also encouraging the core goods inflation it is actually negative which again is a welcome release and has been driven by mismatch unwinding. Iwas has been driven by mismatch unwinding. I wasjust has been driven by mismatch unwinding. I was just looking at Market Pricing for 2024, it was at 1. 6 and after this inflation went out for 2024 and just for context, at the beginning of the year Market Pricing had cut because of higher than expected inflation prices. With a more positive inflation than the stock market as wel
If youre tuning in to watch Fareed Zakaria, we will bring that you to as soon as we can. But right now the world is on edge as we await President Biden to speak. He is in hanoi, vietnam. And we have been waiting for some time for him to come out and take questions from reporters in a Press Conference that was originally scheduled for an hour and a half ago. But we are still waiting with baited breath for President Biden to talk about his trip. Let me bring in the panel to discuss some of the things that were expecting to hear from him. Beth sanner, what did you think President Bidens we hear in his Reelection Campaign how he is united the western world to take on the threat of russia. And to an extent, it is accurate to say that nato is more united than ever before. In fak, it has new members. I think putin is probably at least as responsible for that as President Biden. But President Biden does get good marks for his leadership of nato. But it is also true, i think it is fair to say,
If youre tuning in to watch Fareed Zakaria, we will bring that you to as soon as we can. But right now the world is on edge as we await President Biden to speak. He is in hanoi, vietnam. And we have been waiting for some time for him to come out and take questions from reporters in a Press Conference that was originally scheduled for an hour and a half ago. But we are still waiting with baited breath for President Biden to talk about his trip. Let me bring in the panel to discuss some of the things that were expecting to hear from him. Beth sanner, what did you think President Bidens we hear in his Reelection Campaign how he is united the western world to take on the threat of russia. And to an extent, it is accurate to say that nato is more united than ever before. In fak, it has new members. I think putin is probably at least as responsible for that as President Biden. But President Biden does get good marks for his leadership of nato. But it is also true, i think it is fair to say,
If youre tuning in to watch Fareed Zakaria, we will bring that you to as soon as we can. But right now the world is on edge as we await President Biden to speak. He is in hanoi, vietnam. And we have been waiting for some time for him to come out and take questions from reporters in a Press Conference that was originally scheduled for an hour and a half ago. But we are still waiting with baited breath for President Biden to talk about his trip. Let me bring in the panel to discuss some of the things that were expecting to hear from him. Beth sanner, what did you think President Bidens we hear in his Reelection Campaign how he is united the western world to take on the threat of russia. And to an extent, it is accurate to say that nato is more united than ever before. In fak, it has new members. I think putin is probably at least as responsible for that as President Biden. But President Biden does get good marks for his leadership of nato. But it is also true, i think it is fair to say,
If youre tuning in to watch Fareed Zakaria, we will bring that you to as soon as we can. But right now the world is on edge as we await President Biden to speak. He is in hanoi, vietnam. And we have been waiting for some time for him to come out and take questions from reporters in a Press Conference that was originally scheduled for an hour and a half ago. But we are still waiting with baited breath for President Biden to talk about his trip. Let me bring in the panel to discuss some of the things that were expecting to hear from him. Beth sanner, what did you think President Bidens we hear in his Reelection Campaign how he is united the western world to take on the threat of russia. And to an extent, it is accurate to say that nato is more united than ever before. In fak, it has new members. I think putin is probably at least as responsible for that as President Biden. But President Biden does get good marks for his leadership of nato. But it is also true, i think it is fair to say,