Multi-Asset Investing: Macro Matters

An episode of the FICC Focus podcast, hosted by Bloomberg Intelligence, titled "Multi-Asset Investing: Macro Matters" was published on February 10, 2022 and runs 26 minutes.

February 10, 2022 ·26m · FICC Focus

Summary

In this Macro Matters edition, host and BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by Lauren Goodwin, Investments Economist and Strategist at New York Life, and Interest Rate Associate Strategist Angelo Manolatos. Goodwin discusses her views on the inflation after the January CPI print surprised to the upside, and notes a risk that wages could continue to climb, making inflation more persistent. She explains which sectors she thinks will outperform and suggests the market may be pricing for too many Federal Reserve interest rate hikes this year - with four being her base case. Manolatos reviews how the market has re-priced for the path of Fed interest rate increases and notes that the terminal rate is approaching 2% on the back of the strong inflation print.

Episode Description