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Bloomberg Surveillance

Surveillance: Dutta on the Fed

Bloomberg Surveillance

Bloomberg

Business, Investing, News, Business News

3.81.2K Ratings

🗓️ 5 September 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

Neil Dutta, US Economic Research Head, Renaissance Macro Research says the Fed shouldn't signal rate cuts in 2024. Katy Kaminski, AlphaSimplex Chief Research Strategist sees higher yields for a little longer. Wendy Schiller, Taubman Center for American Politics & Policy Director at Brown University discusses the latest Wall Street Journal presidential poll.David Rubenstein, The Carlyle Group, Co-Founder & "Bloomberg Wealth with David Rubenstein" Host talks about his interview with legendary investor Jeremey Grantham for "Bloomberg Wealth".

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Transcript

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0:00.0

Is inflation finally on the retreat? Can labor markets withstand an economic slowdown and demographic

0:05.9

headwinds? Will the tense geopolitical climate ease or escalate? This is the Outthinking

0:11.4

Investor. Join us as we re-examine the past, present-day opportunities and future possibilities

0:18.3

in global capital markets. The Outthinking Investor, an award-winning

0:23.2

podcast from PGIM. This podcast is intended solely for professional

0:27.1

investor use. Past performance is not a guarantee of future results. This is Paul Sweeney, here

0:31.3

to tell you about another podcast you should be listening to. The tape. Join us every

0:35.1

weekday as we bring you detailed analysis of the day's Wall Street Action from Bloomberg

0:39.2

Intelligence and Bloomberg Opinion, a conversation with influential newsmakers.

0:43.0

There's absolutely nothing wrong with having some cash on the sideline you're leaning

0:46.6

pretty hard toward equity. Because of all the dislocations, there's always relative

0:51.5

value trades that you can be doing. Subscribe to the tape today on Apple, Spotify, Bloomberg.com

0:56.7

or wherever you get your podcast.

1:26.7

Bloomberg Terminal and the Bloomberg Business Out. In the equity space, we heard it from

1:32.3

the technical analysis giant, Ralph Ancompora, Edward Yardenny of Yale, CJ Lawrence, his

1:39.1

own shop on top of it. Get into the stock market in October of last year. And on the economic

1:46.0

side of Y equals C++, Y equals NX was Neil Dutta, very lonely at Renaissance macro a year

1:54.5

ago. We're really coming out a year ago, Neil, from your arch call. Let's review. What

1:59.2

did you see in September of 2022?

2:02.7

Well, thanks for that intro, Tom. You always make me look better than I actually do.

2:08.6

Yeah, we try. I appreciate it. But you know, I think it was for me. It boiled down to something

2:14.2

very simple, which is wage, wage inflation was hanging in there while price inflation

...

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