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Bloomberg Surveillance

Surveillance: Inflation Target with Slok

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 13 July 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Torsten Slok, Apollo Global Management Chief Economist, says we are nowhere near the 2% inflation target.Ed Yardeni, Yardeni Research President, is sticking with his 4,600 S&P price target but says it could be raised to 4,800. Alan Ruskin, Deutsche Bank Chief International Strategist, expects GDP growth in the US to be the slowest among the major economies. Erika Najarian, UBS Equity Research Analyst, Large-Cap Banks and Consumer Finance, previews US bank earnings kicking off Friday.
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Transcript

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0:00.0

What's on the horizon for financial markets?

0:03.6

At PGM, it's a question that over 1,400 investment professionals relentlessly research

0:09.7

in pursuit of your long-term goals.

0:12.8

Specialized across asset classes, but united in collaboration,

0:17.1

our teams provide global and local expertise.

0:20.7

Our investments shape tomorrow, today.

0:24.1

Pissue your tomorrow with PGM, a leading global asset manager.

0:30.4

Are you rich?

0:31.6

That's a good question.

0:32.9

Is it about what you have in the bank or your 401k?

0:36.6

Should you buy a place where you live or hold off?

0:39.6

And if you build, could sand shortages in Singapore

0:42.4

impact prices in Connecticut?

0:44.3

At Bloomberg, we see wealth as more than just money.

0:47.3

Our coverage looks at wealth from every angle

0:49.7

so you can make smarter decisions.

0:51.9

Bloomberg wealth, all you need to know about wealth,

0:54.4

who has it, who's making it, and how you should think about yours.

0:57.6

Learn more at Bloomberg.com-slash-wealth.

1:27.6

Thank you so much for joining this morning.

1:29.6

What's the operative theory right now for a Fed?

1:31.6

Let's say they're restrictive.

...

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