Stocks Skyrocket, Treasurys Tumble & Inflation Peaking? 11/10/22
Stocks staging the biggest rally in more than two years after the October Consumer Price Index came in weaker than expected, sparking hopes that inflation may be peaking. National Economic Council Director Brian Deese discusses whether inflation is finally cooling and the economy is heading for a soft landing. Neuberger Berman's Holly Newman Kroft reveals whether she is advising clients to pivot their portfolios to account for what could be a game changing inflation report. Morgan Stanley Investment Management's Chief Fixed Income Strategist Jim Caron on plunging treasury yields and how bond investors should be reacting to the CPI report. Blockchain.com CEO Peter Smith discusses the collapse of crypto exchange FTX and whether it is destroying investor trust in cryptocurrencies. And Lazard CEO of Financial Advisory Peter Orszag weighs in on the outcome of the midterm election and how it could impact both the market and the debt ceiling.
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