Liz McCormick: I would never underestimate that the market can't react in size, especially to the Fed's favorite inflation gauge. She says if it tumbles below a free forehandle, which is not forecast, "I think that will take notice" The bond market has been like insane volatility all year; we've had a bit of calm lately.
Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick discusses how the world’s biggest money managers are split over how much further inflation will retreat from the highest levels in decades. Bloomberg Markets Correspondent Kriti Gupta and Bloomberg News Reporter Simone Foxman break down news from consumer related companies. Lonne Jaffe, Managing Director for Insight Partners, explains why 2023 will be the year that AI truly breaks into the general population’s awareness. Bloomberg News Bankruptcy Reporter Steven Church provides the details of his Businessweek story Crypto Quest for Freedom Ends in Bankruptcy Bureaucracy. And We Drive to the Close with Alan Zafran, Co-CEO at IEQ Capital.
Hosts: Kriti Gupta and Madison Mills. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.