Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. The single best idea
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Speaker 1: Six minutes, five minutes, seven minutes. Two conversations that matter.
Speaker 1: The conversations this Friday were really, really different. I've never
Speaker 1: said this. I'm going to say it right now. On Wednesday,
Speaker 1: I thought I had a handle on what we're going
Speaker 1: to do next Wednesday at the FED meeting. I was wrong.
Speaker 1: In forty eight hours, there's been a complete shift in
Speaker 1: the gaming of the FED meeting. I'm not a big
Speaker 1: one in the parlor game. John Farrell loves it, Lisa
Speaker 1: does it. I don't do it. I just really don't
Speaker 1: care about the parlor game. Except on Thursday and this Friday.
Speaker 1: It really, really, really mad. And it's what you've seen
Speaker 1: in is melt up in stocks. We'll see where we
Speaker 1: are at the market clothes on Friday into Monday and
Speaker 1: Tuesday towards their FED coverage of Wednesday. If you talk
Speaker 1: to someone holistic and Efan devit is like literally with
Speaker 1: fingers left over on two hands. One of the best
Speaker 1: in the world. She's from Ireland, hugely, hugely competent in law,
Speaker 1: in investment, in finance, and you talk about the stagflation
Speaker 1: of it all, a little bit of slow down, a
Speaker 1: little bit of inflation, or something different. Efan devit Monetta, I.
Speaker 2: Don't see the inflation part of the stagflation. I do
Speaker 2: see stagnation though, and certainly within Europe there is very
Speaker 2: little in terms of green shoots. We don't have that
Speaker 2: same innovation and technology push that we've seen in the US.
Speaker 2: The inflation, though, I think is fairly confidently in retreat
Speaker 2: in Europe as it is around the world. There could
Speaker 2: be spikes that could be service level spikes. We could
Speaker 2: see some spikes and energy if we enter winter where
Speaker 2: we have energy shortages or issues like that. But I
Speaker 2: don't see the inflation part is really kicking us off.
Speaker 2: The stagnation part that that's concerning growth is quite anemic
Speaker 2: and we haven't had that hard landing. So therefore there
Speaker 2: could be these cracks that will start turning into fishers
Speaker 2: and ultimately will undermine some of these corporates who just
Speaker 2: can't keep make ends meet or keep things together.
Speaker 1: Even Devin Manetta and the equity markets, Emily Rowland John
Speaker 1: Hancock was great. She's been quality by American stick with
Speaker 1: that she clearly redid that call today, renewed that call today.
Speaker 1: There are some others during the week. Kim Dawson of
Speaker 1: Newage and Juda Martin Adams of Bloomberg Intelligence Equities both
Speaker 1: said the same thing separately, which is double digit earning growth,
Speaker 1: which has a huge part to do with the denominator
Speaker 1: of it all over in the quant chart basis, you
Speaker 1: have someone like Alpha Simplex up on the Charles River
Speaker 1: in Boston, and that would be Catherine Kaminsky, just brilliant
Speaker 1: with a prodigious set of academics out of the Massachusetts
Speaker 1: Institute of Technology. So we did stocks, we did bonds. Hey,
Speaker 1: gold record I Catherine Kaminsky on gold.
Speaker 3: Gold is I mean, it's amazing. I think the recent
Speaker 3: rally may be attributed to the dollar being weaker and
Speaker 3: real rates going down, but you know, really, if you
Speaker 3: look at that trend, it's just you know, we should
Speaker 3: just be buying gold this year. You know, it's really
Speaker 3: it's been very strong and it's been very resilient throughout
Speaker 3: the entire year. So you know, it's the one that
Speaker 3: kind of sticks out versus other commodities that are more
Speaker 3: demand focus, like energies and Metals.
Speaker 1: Katy Kaminski Alpha Simplex as well on your commute, Android Auto,
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Speaker 1: of those two and they come up with the new
Speaker 1: updates and all that as well. Google and Apple on
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