Jordan Con is a chief investment officer at ACM funds. He manages the ADO I X fund, which has outperformed the S&P 500 this year. Jordan: The Fed was behind the curve in terms of inflation and characterizing it as transitory. They had to take catch up and start hiking rates at a pace this year much faster than we've seen probably in decades. That kind of caused valuations to contract risk assets to start coming down pretty, pretty, pretty pervasively.
Patrick Brown, VP of Growth Marketing and Insights at Adobe, discusses the retail forecast ahead of the holiday season. Angela Stent, Senior Adviser at the Center for Eurasian, Russian, and East European Studies, talks about the latest between Russia and Ukraine. Liz McCormick, Bloomberg's Chief Correspondent for Global Macro Markets, discusses her story on treasury buyers bailing out. And we Drive to the Close with CIO of ACM Funds, Jordan Kahn.
Hosts: Carol Massar and Tim Stenovec
Producers: Sara Livezey and Ariel Agami
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