Bloomberg
Altman: Era of Ultra-Low Rates is Over
Roger Altman, founder and senior chairman of Evercore, says that higher rates are here to stay and cautions market participants to come to terms with the new normal, which could pose challenges to asset allocation.
Bloomberg
KKR Sees Opportunities in High-Yield Bonds as Fed Pauses
KKR is seeing more opportunities in high-yield bonds and is selling some floating-rate debt as the Federal Reserve pauses interest rate hikes. Olivia Raimonde has more on "Bloomberg Markets."
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Bloomberg
BlackRock CEO Fink: US Won't See Hard or Soft Landing in 2024
BlackRock Inc. CEO Larry Fink doesn't expect a hard or soft landing for the US in the year ahead as he sees interest rates remaining higher and says the power of the economy and the consumer "is giving me comfort that the economy is...
Bloomberg
Jamie Dimon Calls Central Banks '100% Dead Wrong' on Forecasts
JPMorgan Chief Executive Officer Jamie Dimon speaks about the need for "real leadership" to navigate geopolitical concerns and says, "I don't think it makes a piece of difference whether rates go up 25 basis points or more, like zero,...
Bloomberg
Federal Reserve Likely at Interest-Rate Peak Already, Saxo Says
John Hardy, head of foreign exchange strategy at Saxo, discusses Federal Reserve policy and the implications for the dollar. Cleveland Fed President Loretta Mester said the central bank is close to wrapping up its aggressive tightening...
Bloomberg
Yen Breaches 150 Per Dollar Again, Raising Intervention Risk
The Japanese yen briefly weakened beyond 150 against the dollar again in early Asian trading, keeping traders on guard against possible intervention from authorities Japan. Paul Dobson has more on Bloomberg Television.
Bloomberg
Optimal Capital Advisors' Stacy on US Markets
Frances Stacy, director of strategy at Optimal Capital Advisors, discusses her outlook and investment strategies for US markets. She speaks with Bloomberg's Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
AMP's Mousina on Asia Economic Outlook
Diana Mousina, deputy chief economist at AMP, discusses her outlook for Asia-Pacific economies. She speaks with Bloomberg's Paul Allen and Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
UBS GWM's Tay on Markets, Strategy
Kelvin Tay, Regional CIO at UBS Global Wealth Management, discusses his outlook for markets and investment strategy. He speaks with Shery Ahn and Paul Allen on "Daybreak Asia".
Bloomberg
Ailman: Not Just Higher-For-Longer; Just Higher
CalSTRS CIO Christopher Ailman tells us why the current environment makes the traditional mix of stocks and bonds unattractive. He says that rates could be not just higher-for-longer, but simply higher.
Bloomberg
Mester Says Fed Rates Likely Near or at 'Holding Point'
"Regardless of the decision made at our next meeting, if the economy evolves as anticipated, in my view, we are likely near or at a holding point on the funds rate," Federal Reserve Bank of Cleveland President Loretta Mester says during...
Bloomberg
Have Supply Demand Imbalance: Summers
Lawrence H. Summers, Former US Treasury Secretary discusses the growing US debt and the difference between volatile and illiquid markets. He speaks with David Westin on "Wall Street Week Daily."
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Powell: Bond Market Reducing Some Impetus to Hike
Federal Reserve Chair Jerome Powell tells Wall Street Week that evidence in the economy suggests that monetary policy is not too tight. He also says that recent moves in bonds reduce some of the impetus to raise rates. He speaks with...
Bloomberg
Eberly: Covid-Era Policy Will Affect Future Monetary Policy
Janice Eberly, Kellogg School of Management Senior Associate Dean for Strategy and Academics and Former Assistant Secretary of the Treasury for Economic Policy, agrees with Fed Chair Powell's assessment of the reasons to have implemented...
Bloomberg
Powell: Possible to Have Done Less Stimulating During the Pandemic
Federal Reserve Chair Jerome Powell tells Wall Street Week that in hindsight, less aggressive monetary stimulus during the pandemic could have helped keep inflation under control. He also talks about the importance of bringing the labor...
Bloomberg
El-Erian Criticizes Fed for Lack of 'Vision'
Mohamed El-Erian, a Bloomberg Opinion columnist, says the Federal Reserve needs to pivot from excessive data dependence to data dependence with a greater forward-looking component. He speaks with Jonathan Ferro on "Bloomberg The Open."...
Bloomberg
War Could Drive Oil to $140, Says Allianz Trade
War in the Middle East could cause oil prices to surge to $140 a barrel and bring the world to the brink of a recession, according to Ana Boata, head of economic research at Allianz Trade. She speaks on "Bloomberg Daybreak...
Bloomberg
Summers: Fed May Need to Weigh In on Debt Problem
Former Treasury Secretary Lawrence Summers says the Federal Reserve may need to get involved in fiscal policy and weigh in on the US government's $33.5 trillion debt mountain because of its implications for interest rates. Summers, a...
Bloomberg
Longer End of Bond Market Absolutely in Trouble: Brenner
Andrew Brenner, head of international fixed income at Natalliance Securities, discusses the factors impacting the long end of the bond market and his concerns about who will be the marginal buyer of bonds. He speaks on "Bloomberg Brief."
Bloomberg
What Apollo's Slok Sees as the Biggest Economic Risks
Apollo Global Management Chief Economist Torsten Slok outlines what he sees as the top ten downside risks facing the US economy. He speaks on "Bloomberg Markets: The Close."
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Bloomberg
Powell Says Fed 'Proceeding Carefully' on Policy Path
Federal Reserve Chair Jerome Powell said, "given the uncertainties and risks, and how far we have come, the committee is proceeding carefully," as the US central bank considers the path of policy. Powell spoke Thursday to the Economic...
Bloomberg
Powell Says Fed Policy Is Not 'Too Tight' Right Now
Federal Reserve Chair Jerome Powell says evidence points to the economy handling much higher rates during an interview with David Westin at the Economic Club of New York.
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Bloomberg
Protesters Removed After Interrupting Powell Speech
Climate activists interrupted Federal Reserve Chair Jerome Powell's speech before the Economic Club of New York. Mike McKee reports on Bloomberg Television.
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Bloomberg
Powell Says Fed Has to Let Rise in Yields Play Out
Federal Reserve Chair Jerome Powell says US fiscal policy is on an unsustainable path during an interview with David Westin at the Economic Club of New York.
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