Have We Reached Peak Inflation?

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 11 August 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

U.S. stocks gapped higher at today’s open and held onto big gains through the day, buoyed by signs in July’s Consumer Price Index data that we’ve finally reached an inflection point for inflation. Both headline and core measures came in below consensus forecast, as the question turns to whether the trend has changed. Plunging yields across the U.S. Treasury curve suggest investors believe it has. Weston Nakamura joins Andreas Steno Larsen at the top of today’s Daily Briefing to talk about price action across asset classes leading up to and in the aftermath of this morning’s report. Andreas welcomes Darius Dale, the founder and CEO of 42 Macro, for an assessment of the July CPI data in the broader context and the “evolving distribution of probable outcomes.” What does this print mean for markets, especially as it comes from a month when the U.S. economy added more than 500,000 jobs? And what does the Federal Reserve do next? “It’s critical,” as Darius tweeted today, “to have a data-driven process that’s able to recognize it in real-time.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by Shopify.
0:03.0	That's what I hear when I make another sale on Shopify.
0:07.0	The all-in-one commerce platform that allows you to start, run and grow your business.
0:12.0	Shopify is revolutionising millions of businesses worldwide.
0:17.0	So sign up for a £1 per month trial period at Shopify.co.uk
0:23.0	Flash Podcast 23 all lowercase and take your business to the next level today.
0:54.0	You'll join the most thoughtful community in finance.
0:57.0	More than 300,000 people who trust real vision to be the anchor to truth in the financial world.
1:02.0	To get started, visit realvision.com slash RVPod.
1:06.0	Use the promo code Podcast10 to get 10% off our essential membership for your first year.
1:11.0	Enjoy the show.
1:14.0	You.
1:22.0	Good afternoon folks and welcome to the real vision daily briefing.
1:26.0	I'm Antelestino from real vision, sending to you live on the heels of the US CPI report.
1:31.0	The peak is in inflation, at least in my humble opinion.
1:36.0	And that is also what we've been told, I think, by various surveys over the past month.
1:42.0	And unless SMEs are not telling the truth, then I guess it is fair to assume that the trend is now down for the time being in headline inflation.
1:51.0	But I've invited a couple of tremendous analysts to help us unpack the inflation environment and whether I'm right in this bold statement.
1:59.0	So first of all, welcome back to the show to you, Daria Stale, founder of 42 macro.
2:04.0	Andreas, what's up, buddy? How are you?
2:06.0	I'm good. And I hope you're good as well. And also welcome to you, Western Nakamura, the market editor at real vision.
2:13.0	Thank you. How are you, gentlemen?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.