The Fed, ETFs, Inflation, and Obesity Drugs (Podcast)
Bloomberg Intelligence
00:00
The US Consumer Is in Trouble, but Good News for Bond Bulls
I think the market's looking at it. I mean, behind the curve in the sense that they're too aggressive? The reason why we have inflation is because of fiscal policy. And monetary policy is not very good at fixing fiscal policy. So what's really needed at this time is some pullback on the fiscal front - which we're most likely not going to see.
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