Jim Caron on the Market Selloff and the Fed's Historic Adjustment
Odd Lots20 Des 2024

Jim Caron on the Market Selloff and the Fed's Historic Adjustment

On Wednesday, the Federal Reserve cut interest rates by 25 basis points as expected. But it also raised its inflation outlook for 2025, and sees just two more cuts next year. The markets reacted violently to it, with the major measures posting their worst day in a long time. What's more, there was nowhere to hide. Bonds and gold also sold off, alongside equities. So what's going on now? And what does this mean for portfolio construction? On this episode, we speak with Jim Caron, chief investment officer of the Portfolio Solutions Group at Morgan Stanley Investment Management. We talked about why the market reacted as sharply as it did, and how to think about next year, given highly concentrated markets, uncertain macro, and the difficulty in finding diversifying instruments.

Read More: Powell Says Future Cuts Would Require Fresh Inflation Progress

Become a Bloomberg.com subscriber using our special intro offer at bloomberg.com/podcastoffer. You’ll get episodes of this podcast ad-free and exclusive access to our daily Odd Lots newsletter. Already a subscriber? Connect your account on the Bloomberg channel page in Apple Podcasts to listen ad-free.

    See omnystudio.com/listener for privacy information.

    Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

    Episoder(1276)

    Introducing: Bloomberg Money

    Introducing: Bloomberg Money

    Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom.See omnystudio.com/listener for privacy information.

    20 Sep 30s

    A Goldman M&A Banker Helped Bring the Olympics to Los Angeles

    A Goldman M&A Banker Helped Bring the Olympics to Los Angeles

    We're in an era of megadeals, with Goldman Sachs reporting a record year for big deal volumes as companies scramble to compete with AI. Gene Sykes has seen multiple deal cycles come and go over his mu...

    19 Sep 32min

    There's a Mind-Boggling Number of Rich People in America

    There's a Mind-Boggling Number of Rich People in America

    In 2014, the economists Owen Zidar and Eric Zwick were asked by the Treasury to conduct a study on the tax burden of private business owners. It was tricky to figure out how much these sorts of busine...

    18 Sep 59min

    What Francis Fukuyama Is Seeing at 'The End of History'

    What Francis Fukuyama Is Seeing at 'The End of History'

    Francis Fukuyama's essay “The End of History?” was published in the summer of 1989, a few months before the fall of the Berlin Wall. The essay's argument — that liberal democracy would not only defeat...

    17 Sep 54min

    OpenAI President Greg Brockman on Doing Business in the Wake of Hugging Face

    OpenAI President Greg Brockman on Doing Business in the Wake of Hugging Face

    According to OpenAI President Greg Brockman, the models that escaped their sandbox and hacked into Hugging Face's servers had yet to go through alignment training. That they were able to break free of...

    14 Sep 1h 2min

    Robert Friedland on the World's Monumental Shortage of Copper

    Robert Friedland on the World's Monumental Shortage of Copper

    Copper demand is booming, with the metal surging another 15% this year. Copper demand has always been tightly linked to economic activity, but now it's in overdrive, thanks to data centers, electric c...

    12 Sep 1h 9min

    Why Bridgewater's CIO Says AI's Human Extinction Risk Is Real

    Why Bridgewater's CIO Says AI's Human Extinction Risk Is Real

    Greg Jensen was one of the earliest backers of both OpenAI and Anthropic, and at Bridgewater Associates, where he is the managing chief investment officer, he leads the hedge fund’s AI strategy. As an...

    11 Sep 1h 5min

    The Rise of Organized Retail Crime at Big Box Stores

    The Rise of Organized Retail Crime at Big Box Stores

    If you walk into a local pharmacy in New York City, more likely than not, lots of the merchandise is locked behind closed doors as a measure to mitigate shoplifting. So how big is the “retail shrink” ...

    10 Sep 52min

    Populært innen Business og økonomi

    stopp-verden
    dine-penger-pengeradet
    rss-penger-polser-og-politikk
    e24-podden
    rss-borsmorgen-okonominyhetene
    rss-pa-konto
    rss-skravla-gar
    pengepodden-2
    finansredaksjonen
    tid-er-penger-en-podcast-med-peter-warren
    lederpodden
    stormkast-med-valebrokk-stordalen
    livet-pa-veien-med-jan-erik-larssen
    utbytte
    rss-orjasater
    pengesnakk
    morgenkaffen-med-finansavisen
    liberal-halvtime
    lydartikler-fra-aftenposten
    rss-markedspuls-2