Core cpi is 1. 7 or 1. 6. It allows the fed to go slow and not disrupt market conditions. Gradual pushup in inflation back to normal, we dont see anything that will push inflation to levels where it becomes a market issue or forces Central Banks to accelerate any rate hike plans they may have. You should probably start to tighten when you see the whites of the eyes of inflation. 1. 4 core pce aint anywhere near the whites of anybodys eyes. The biggest risk is clients getting in and eyeing duration right now. We want some duration on portfolio, but too much duration is risk. We dont think this trend is going to be structural. It is transitory in nature. We think investors should be rewarded for going on the other side of that. The bond markets continue to be distorted. It is extraordinary to see. We just talked about u. K. Inflation heading up, putting pressure on inflation rates all over the world. The bond markets are still not responding, and appear very stretched. Jonathan joining m
Core cpi is 1. 7 or 1. 6. It allows the fed to go slow and not disrupt market conditions. Gradual pushup in inflation back to normal, we dont see anything that will push inflation to levels where it becomes a market issue or forces Central Banks to accelerate any rate hike plans they may have. You should probably start to tighten when you see the whites of the eyes of inflation. 1. 4 core pce aint anywhere near the whites of anybodys eyes. The biggest risk is clients getting in and eyeing duration right now. We want some duration on portfolio, but too much duration is risk. We dont think this trend is going to be structural. It is transitory in nature. We think investors should be rewarded for going on the other side of that. The bond markets continue to be distorted. It is extraordinary to see. We just talked about u. K. Inflation heading up, putting pressure on inflation rates all over the world. The bond markets are still not responding, and appear very stretched. Jonathan joining m
Of a comeback. Inflation remains well below 2 . Core cpi is 1. 7 or 1. 6. It allows the fed to go slow and not disrupt market conditions. Gradual pushup in inflation back to normal, but we dont see anything that will push inflation to levels where it becomes a market issue or forces Central Banks to accelerate any rate hike plans they may have. Larry summers is right. You should probably start to tighten when you see the whites of the eyes of inflation. 1. 4 core pce aint anywhere near the whites of anybodys eyes. The biggest risk is clients getting in and buying duration right now. We want some duration on portfolio, but too much duration is risk. We dont think this trend is going to be structural. It is transitory in nature. We think investors should be rewarded for going on the other side of that. The bond markets continue to be distorted. It is extraordinary to see. We just talked about u. K. Inflation heading up, putting pressure on inflation rates all over the world. S the bond m
Core cpi is 1. 7 or 1. 6. It allows the fed to go slow and not disrupt market conditions. Gradual pushup in inflation back to normal, but we dont see anything that will push inflation to levels where it becomes a market issue or forces Central Banks to accelerate any rate hike plans they may have. Larry summers is right. You should probably start to tighten when you see the whites of the eyes of inflation. 1. 4 core pce aint anywhere near the whites of anybodys eyes. The biggest risk is clients getting in and buying duration right now. We want some duration on portfolio, but too much duration is risk. We do not believe this inflationary strand trend is going to be structural. It is transitory in nature. We think investors should be rewarded for going on the other side of that. The bond markets continue to be more distorted. It is extraordinary to see. We just talked about u. K. Inflation heading up, putting upward pressure on inflation rates all over the world. And the bond markets are
Rate will rise to 40 next year, and reforms are only likely to slow the growth rate. China suggests that moodys was overestimates the difficulties facing chinas economy. The shanghai was flat. The hang seng was up by 0. 1 in europe, a mixed picture. Things are flat forever the dax and cac. Ftse up by 0. 25 points. M h na news, Constellation Brands made an offer to take over brownforman. And glencore making a takeover approach to bunge. Bunge says it is not engaged in talks with glencore. Pro and uber says it inadvertently underpaid new york city drivers for 2 1 2 years. The company took a commission from full fare prices. Uber says it will pay back drivers, with interest, for the mistake. The wall street journal said the average driver would be repaid 900, totalling 45 million. We will talk with adam lashinsky, author of the new book wild ride inside ubers quest for domination. Lets get to this. The United Kingdom raising the threat level to critical and deploying soldiers to key sites