Wall Street Bets on Big Inflation Drop

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 23 January 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Jan. 23. Investors are betting on a once-in-a-generation decline in inflation this year, driving up stocks and bonds that were hit hard by rate increases last year. So why are investors optimistic? And should they be? Markets reporter Matt Grossman joins host Annmarie Fertoli to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Busy making budget plans for the business year ahead, we've got you covered.
0:05.6	Switch to three business and choose from the latest handsets with unlimited data in our winter sale.
0:10.6	Woohoo!
0:11.6	Plus, our business price promise means if you find a cheaper deal from one of our biggest competitors, we guarantee you to beat it.
0:18.2	Search three business or visit us in store.
0:21.2	Business price promise means we'll beat it directly.
0:24.4	Quit you've been given my e-vote for No.02 for business plans by at least £1 per month.
0:28.2	Time's applies at three business price promise.
0:35.2	A jury delivers more criminal convictions in connection with January 6th.
0:39.6	And Wall Street is betting on a big drop in inflation this year.
0:43.2	Will it pay off?
0:44.2	If traders are right that inflation does continue to fall really quickly and we don't get a serious recession,
0:50.0	this could be the start of a broader turnaround.
0:52.6	Plus, why city slickers are dressing like cowboys.
0:55.8	Hint, it's got something to do with Yellowstone.
0:58.4	It's Monday, January 23rd.
1:00.0	I'm Ann Marie for Tolley for the Wall Street Journal.
1:02.4	This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:16.8	Four members of the militia group Oath Keepers have been found guilty of seditious conspiracy
1:21.4	in connection with the January 6th 2021 attack on the US Capitol.
1:25.2	The rarely used charge carries a maximum of 20 years in prison.
1:29.0	The jury's verdict comes about two months after the group's founders, Stewart Rhodes and another member
	...

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