Oil Surge Overshadows Tame US CPI
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 11 March 2026
⏱️ 32 minutes
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Summary
The latest in finance, economics and investment.
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Bloomberg Surveillance hosted by Tom Keene & Damian Sassower
Featuring:
1) Troy Ludtka, Senior US Economist at SMBC Nikko, and Erin McLaughlin, Senior Economist at The Conference Board, react to the February US CPI print.
2) Lindsay Rosner, Head of Multi-Sector Investing at Goldman Sachs Asset Management, on the shift from policy risk to geopolitical risk.
3) Lisa Shalett, Chief Investment Officer at Morgan Stanley Wealth Management, examines why markets remain resilient despite war and oil shocks.
4) Angelo Kourkafas, Senior Investment Strategist at Edward Jones, assesses how markets are responding to short term uncertainty.
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Transcript
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| 0:00.0 | When the rest of the markets slow down, the futures market keeps moving. |
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| 0:21.1 | Learn more at CMEgroup.com slash equity futures. |
| 0:28.3 | Bloomberg Audio Studios, podcasts, radio news. |
| 0:40.7 | This is the Bloomberg Surveillance Podcast. |
| 0:47.0 | Catch us live weekdays at 7 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg business app. |
| 0:48.4 | Listen on demand wherever you get your podcasts or watch us live on YouTube. |
| 0:52.9 | For the news slow the way it is, we're going to try, try, try for the next seven, |
| 0:57.2 | eight minutes to actually focus on a CPI report. |
| 1:01.3 | Expert on this. |
| 1:02.4 | Troy Lutke has been writing up a storm and thrilled he could join us here with the conference board. |
| 1:07.1 | Excuse me. |
| 1:08.3 | With SMBC, Nico, excuse me. |
| 1:13.8 | That's how busy it is here. My eyes are failing me, |
| 1:22.9 | true. With SMBC, Nico, Troy Lutka joins us this morning. Do we care about this CPI report? Is it informative a week and a half into a war? Yeah, I think it definitely takes on reduced significance given these geopolitical |
| 1:30.2 | tensions that we're obviously seeing in the Middle East. |
| 1:32.9 | All eyes are on oil. |
| 1:34.8 | I don't want to say this is meaningless, but pretty close to it. |
| 1:37.1 | Okay, but you're modeling year over year, three percent. |
| 1:39.6 | I mean, I mean, if this sustains, we're to a three-ish level. |
... |
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