The hosts analyze the CPI report and its impact on market bets for a Fed rate cut in March. They discuss the higher-than-expected inflation data, surprises in used car prices, gasoline prices, and insurance costs. The chapter also covers Christine Lagarde's views on rate cuts and a potential threat from a Donald Trump victory.
Bloomberg Intelligence Senior ETF Analyst Eric Balchunas and Bloomberg News Cross Asset Reporter Emily Graffeo discuss the Bitcoin market after the SEC approved spot ETFs. Bloomberg News International Economics & Policy Correspondent Michael McKee and Yelena Shulyatyeva, Senior US Economist at BNP Paribas break down US CPI data and Fed policy. Joshua Horwitz, Co-Director of the Center for Gun Violence Solutions at the Johns Hopkins Bloomberg School of Public Health, talks about the school's Defending Democracy report about the increased threat of an armed insurrection. Matt Hougan, CIO at Bitwise Asset Management, talks about investing in Bitcoin spot ETFs. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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