Bloomberg Surveillance TV: June 13, 2024
Bloomberg Surveillance
Analysis of Jerome Powell's Stance on Inflation and Equities Market Forecast
The chapter analyzes Jerome Powell's stance on inflation and the Federal Reserve's potential actions, drawing parallels with historical events and Federal Reserve chairs' measures in the past decades. It also discusses the current state of the equities market, predicting that the target will likely be exceeded, with a bullish outlook supported by various factors like market rally led by big tech companies and potential impacts of technology on consumer behavior.
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