Surveillance: 39-Year High Inflation with Gapen
Michael Gapen, Barclays Chief U.S. Economist, says the Fed is basically there in terms of their dual inflation and labor market mandate. Stephen Roach, Yale University's Jackson Institute for Global Affairs Senior Fellow, says there is no longer any functional difference between operating business in Hong Kong and cities in mainland China. Jim McDonald, Northern Trust Chief Investment Strategist, doesn't expect inflation to really cause problems for earnings or interest rates. Dr. Bhakti Hansoti, Johns Hopkins Associate Professor of Emergency Medicine, expects the omicron wave to be done by July. David Rubenstein, Carlyle Group Co-Founder Co-Chairman and Host of "The David Rubenstein Show: Peer to Peer Conversations," discusses his interview with Mellody Hobson, Ariel Investments Co-CEO and Starbucks Chair. See omnystudio.com/listener for privacy information.
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