Sonia Maskin discusses the upward movement of yields and its implications for the investment environment, aligning with her view of potential upside in inflation. The conversation also covers the risk in financial assets, the possibility of a soft landing in the economy, and the expectations for Q2 earnings season. They further explore the impact of higher school payments, excess savings, and consumer behavior.
Bloomberg News Finance Reporter Jenny Surane discusses her Big Take story about investors scrutinizing the cost of surging brokered deposits and FHLB loans as midsize banks bear brunt of higher interest rates. Ben Emons, Head of Fixed Income at New Edge Wealth, shares his thoughts on Fed policy and the markets. Elizabeth Gore, President and CEO of Hello Alice, talks about providing equitable access to credit for small business owners. Bloomberg Businessweek Editor Joel Weber and Businessweek Features Editor Jeremy Keehn share some stories from the Businessweek Magazine’s Heist issue. And we Drive to the Close with Sonia Meskin, Head of US Macro at BNY Mellon Investment Management.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.