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

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

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

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

podcast from PGIM. This podcast is intended solely for professional

investor use. Past performance is not a guarantee of future results.

The world needs solutions. On October 24th at the London edition of the Bloomberg

Technology Summit, join leaders, innovators and entrepreneurs to discuss

technologies that are poised to solve our most pressing global challenges. From

reducing CO2 emissions and making cities more livable, to affordable health

care and combating food insecurity. Executives from Deliveroo, Zeeman's

Graphical Remore will examine where tech innovation can take us. Learn more at

BloombergLive.com slash tech summit 2023.

Come to the Bloomberg Terminal and the Bloomberg Business App.

And then suddenly started getting rebuilt at the top is now fully rebuilt.

And how do we know that? Because basically if you look at the market yesterday,

there was a very, very noticeable change when the UAW came out and lowered their

offer, making the bid offer spread 21 to 30 as opposed to that original 40.

And that's when bond yields turned lower and that's when stocks turn higher.

And we think there's a lot more to go of that type of action in the forward.

So this equity call you're making is essentially a bond market call, correct?

How can it be otherwise when you look at the action in the last year and a half?

...