David Letterman: The reason inflation is high is really two fold. We have supply chain constraints that are a function of, uh, you know, cove related issues globally. And monetary policy was quite accommodative when it didn't necessarily need to be., he says. David letterman: Is companies taking advantage of the situation because they can or how much is it really supplied demand?
Bloomberg News International Economics and Policy Correspondent Michael McKee, Bloomberg News Equities Reporter Jess Menton and Neil Dutta, Head of Economic Research at Renaissance Macro Research, discuss Friday's CPI data and how inflation is impacting the economy and the markets. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Financial Investigations Senior Writer Stephanie Baker discuss Stephanie's Businessweek Magazine story 3M Risks Criminal Charges for ‘Forever Chemicals’ in Europe. Noelle Acheson, Head of Market Insights at Genesis Trading, explains why crypto correlations spike in times of market uncertainty. And we Drive to the Close with Amanda Agati, Chief Investment Officer at PNC Asset Management Group.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.