Inflation expectations, as a result of the university of michigan surveys, showed lower than expec expectations. So what's your expectation when it comes to rates yet? I do, i do believe that were entering a point, again, i don't think wee fit to peak yet, but we're entering the point where it's a really good fying opportunity for a longer term duration. The fed will continue to hold those rates at high level until theyre confidents are going to win.
Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow discusses FedEx suffering its biggest stock drop since at least 1980 after withdrawing its earnings forecast on worsening business conditions. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Metals & Agriculture Deputy Team Leader Joe Deaux share the details of Joe's Businessweek Magazine story Biggest US Copper Mine Stalled Over Sacred Ground Dispute. Bloomberg News Agriculture Reporter Elizabeth Elkin explains why a La Nina three-peat brings a $1 trillion risk to global economies. And we Drive to the Close with Brian Rehling, Head of Global Fixed Income Strategy at Wells Fargo Investment Institute.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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