Surveillance: Inflation Is A Concern, Moynihan Says

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.8 • 1.2K Ratings

🗓️ 17 June 2021

⏱️ 42 minutes

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Summary

Brian Moynihan, Bank of America Chairman & CEO, says customers, especially small businesses, are struggling with a tightening labor market. David Rosenberg, Rosenberg Research Founder & Chief Economist, says inflation will come back down more than people expect. Alan Ruskin, Deutsche Bank Chief International Strategist, says the Fed has finally recognized the importance of the inflation side of its dual mandate. Jonathan Golub, Credit Suisse Chief U.S. Equity Strategist, discusses his street-high 4,600 year-end S&P 500 target. Eric Adams, New York City Mayoral Candidate, says education is not just K-12.

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