
Surveillance: Peterson on Jobless Claims Drop
Bloomberg Surveillance
00:00
The Fed's Path to a 4.5% 10-Year Treasure Yield
Matthew Hornbach, global head of macro strategy over at Morgan Stanley: Consumers need to feel that they might lose their jobs. Also this excess savings that we've been talking about in aggregate, we think that's probably going to run out in the fall of this year. If consumers really believe something bad is going to happen, which our indicators keep saying, then that will help slow the economy and thereby inflation. The conference board here off the shock of a third look at first quarter GDP.
Transcript
Play full episode