Bloomberg Surveillance Single Best Idea with Tom Keene: Rebecca Patterson & Max Kettner
Dec 16, 2024
Dive into the transformative impact of recent U.S. infrastructure legislation and the investment potential within the GlobalX U.S. Infrastructure Development ETF. Discover the alarming rise in food inflation, with avocados serving as a key indicator of broader economic trends. Unpack how AI is reshaping industries and the importance of strategic market participation, especially with Oracle Cloud. Lastly, explore investment prospects in Europe following political shifts and the significance of data-driven strategies ahead of the Federal Reserve's critical meeting.
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Food Inflation Risk
- A potential resurgence of inflation, particularly in food prices, poses a significant risk.
- Labor shortages in U.S. farming, compounded by tariffs and limited government subsidies, could drive up costs.
European Equities
- Investors should not give up on European equities, particularly in Germany.
- German equities offer value, driven by sectors like tech, AI, and defense, rather than political factors.