Bloomberg Surveillance Inflation Readings and Trump's Putin Call
Feb 13, 2025
Hot inflation readings are sending shockwaves through the economy as experts discuss the Fed's response and whether they’re still behind the curve. A deep dive into Trump's recent call with Putin highlights his ambitions as a peacemaker and its implications for U.S.-Russia relations. The job market is under scrutiny, with economists analyzing jobless claims and trends in tech employment. Meanwhile, the shifting political landscape in Eastern Europe, especially regarding Georgia and Armenia, hints at evolving alliances amidst ongoing geopolitical tensions.
AI Snips
Chapters
Books
Transcript
Episode notes
Exuberance Meter
- Measure high vs. low momentum stock spread to gauge exuberance.
- Don't fade momentum too early; the market can seduce you back in at the wrong time.
Rotational Market
- Current market favors long-short strategies due to its rotational nature.
- Less than half of S&P 500 stocks are above their 20-day moving average, despite the market nearing new highs.
Copper and China
- Copper's recent price increase is reassuring for the cyclical market.
- China's economy is bottoming out, similar to the U.S. in 2008-2009.
