Bloomberg Surveillance
The Fed Weighs Tariffs & Taxes
Dec 16, 2024
Rebecca Patterson, former Chief Investment Strategist at Bridgewater, shares her insights on the softening Chinese economy and the Fed's expected rate reductions. Henrietta Treyz of Veda Partners discusses governmental funding and the political landscape affecting tariffs and taxes. The two delve into U.S. economic predictions, contrasting views on the dollar's strength, and the connections between politics and agriculture, all while sprinkling in lighthearted anecdotes about avocados. Their dynamic conversation reveals the intricate interplay of global markets and local economies.
32:51
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Quick takeaways
- The podcast highlights the potential strengthening of the U.S. dollar due to diverging interest rates and domestic economic growth, despite differing forecasts.
- Concerns about a resurgence of inflation in the U.S. agricultural sector are tied to labor shortages and tariffs, affecting food prices significantly.
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