Breaking Down Retail Sales and Higher for Longer Rates
Jun 18, 2024
auto_awesome
Senior Portfolio Manager from BlackRock discusses disinflation and Fed rates. CEO from Telsey Advisory Group talks retail sales. CIO from Breakout Capital Partners shares US economy outlook and talks about capitalism in a new book.
The bond market faces challenges with tight spreads, necessitating defensive strategies in managing risks.
Despite rising interest rates, the investment grade market stays strong due to companies reinforcing balance sheets.
Deep dives
Nationwide's Support for Financial Professionals
Nationwide provides client-friendly resources and innovative solutions to support financial professionals in creating greater retirement security for their clients. With Nationwide's assistance, professionals can help their clients feel more confident about their financial futures, offering valuable resources and solutions.
The Impact of Spreads on Bond Portfolios
Jeffrey Rosenberg discusses the current challenges in bond portfolios due to tight spreads, leading to more defensive positioning in bond investments. There is a focus on the bifurcation between different bond segments like double B's to triple C's, requiring a defensive approach to manage risks effectively.
Despite concerns about rising interest rates, the investment grade market remains resilient due to companies fortifying their balance sheets during low-rate periods. The market's strong performance is attributed to solid interest coverage and strategic debt management.
Challenges and Strategies for Social Media Influencers
Social media influencers are facing challenges as platforms reduce payouts and brands become more selective. Many influencers earn modest amounts, with only a small percentage achieving high earnings. This trend suggests that the influencer landscape is becoming more competitive and financially challenging.
Bloomberg Surveillance hosted by Tom Keene and Paul Sweeney
June 18th, 2024
Featuring:
Jeffrey Rosenberg, Senior Portfolio Manager, Systematic Fixed Income at BlackRock, discusses immaculate disinflation, nominal GDP, and how much longer the Fed can go on higher for longer rates
Dana Telsey, CEO at Telsey Advisory Group, reacts to retail sales and discusses consumer health
Ruchir Sharma, CIO and founder at Breakout Capital Partners and Chairman at Rockefeller International, talks about his new book on capitalism and gives his outlook for the US economy and markets
Bloomberg's Lisa Mateo with her Newspaper Headlines