Surveillance: Debt Ceiling with Dimon
Bloomberg Surveillance
00:00
The Importance of Stability in a Recession
I wouldn't buy sovereign debt anywhere. I think there's too much... The amount of fiscal stimulus took place and still surging through the system, these were extraordinary numbers. And not just in the US, but in Europe and other parts of the world. There's a chance you have more inflation than people think. So while the Fed controls short rates, they don't completely control longer rates. Even if there's a mild recession, they continue to tick up.
Play episode from 16:13
Transcript
