Bloomberg Surveillance Bloomberg Surveillance TV: February 12, 2025
11 snips
Feb 12, 2025 
Lisa Shalett, CIO of Wealth Management at Morgan Stanley, shares her insights on the shifting landscape of the U.S. economy and markets post-Fed Chair Jay Powell's testimony. Mohamed El-Erian, President of Queens' College, Cambridge, weighs in on the latest inflation data, addressing challenges and expectations surrounding Federal Reserve policies. The discussion also touches on the potential impacts of tariffs, market volatility, and inflation on businesses, revealing how these factors intertwine to shape financial strategies and consumer experiences.
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Tariff Distraction
- Tariff anxieties distract from economic fundamentals, impacting market predictability.
- The chaotic nature of tariff announcements fuels uncertainty, unsettling investors.
Selective Stock Picking
- Investors should be selective in their stock picks, focusing on companies likely to exceed expectations.
- Avoid overly optimistic, "frothy" stocks where expectations are already high.
Impact of Rate Cuts
- The Fed's recent rate cuts have fueled optimism, but deal-making hasn't met expectations yet.
- Rate cuts boost sentiment and encourage small business optimism, though uncertainties remain.