JPM's Kelly Warns Liquidity Flows Are Offsetting Worrying Fundamentals
David Kelly, chief global strategist at JPMorgan Asset Management, sees a "natural bias upwards in the stock market" amid what he calls an artificial flow of liquidity.
David Kelly, chief global strategist at JPMorgan Asset Management, sees a "natural bias upwards in the stock market" amid what he calls an artificial flow of liquidity.
Carlyle Group co-Founder and co-Chairman says higher energy prices likely mean the Federal Reserve will not cut interest rates when it meets later this month. He says the energy shock is also not good for markets and he says trying to "jawbone down" energy prices usually doesn't work.
KPMG Chief Economist Diane Swonk says the recent surge in oil and commodities prices make it "harder and harder" to justify a Federal Reserve rate cut on "Bloomberg Open Interest."
Jeff Currie, chief strategy officer at Carlyle Energy Pathways, says the Iran war is already impacting the entire global energy supply chain and it will take months to unwind the damage. He warns "keep the hoarding down." Currie speaks on Bloomberg Surveillance.
Pimco Economist Tiffany Wilding talks about risks to the economy due to the Iran war. She also says headline inflation could accelerate by a percentage point. She speaks on "Bloomberg Surveillance."
Jeremy Allaire, co-founder, chairman, and CEO of Circle, said stablecoins are a superior alternative to traditional banking for moving money, offering faster, cheaper, and more direct transactions with fewer intermediaries, as seen in markets like Turkey. He's on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded January 15 at the Economic Club of Washington, DC.
Jeremy Allaire, co-founder, chairman, and CEO of Circle, said stablecoins are a superior alternative to traditional banking for moving money, offering faster, cheaper, and more direct transactions with fewer intermediaries, as seen in markets like Turkey. He's on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded January 15 at the Economic Club of Washington, DC.
Lisa Shalett, CIO at Morgan Stanley Wealth Management, discusses how markets are viewing the Iran war and why it may take quarterly earnings to get investors to properly price the related risks.
Underlying US inflation slowed in February from a month earlier as the consumer price index, excluding food and energy, rose 0.2% from January. Michael McKee reports on Bloomberg Television.
Forecasters are looking for the monthly report on US consumer prices to be weaker than usual following an unseasonably low reading in January. Michael McKee has a preview on Bloomberg Television.
As China enters its next five-year planning cycle, Beijing is intensifying efforts to rebalance the economy toward domestic consumption. Bloomberg's Stephen Engle reports on the rise of "destination" outlet malls and the role of AI in the services sector, as China's leadership target a 4.5% growth rate against a volatile global landscape.
The International Energy Agency is proposing a release of emergency oil reserves that would be the largest in its history, with a decision possible later on Wednesday, according to a person familiar with the matter. Bloomberg's Anthony di Paola has the latest.
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