Inflation and Yields and War, Oh My

Published on
January 28th, 2022
39 minutes

GDP Comes in Hot as Investors Prepare for Higher Interest Rates

Inflation and Yields and War, Oh My

Daily Briefing ·
Featuring Jim Bianco and Maggie Lake

Published on: January 28th, 2022 • Duration: 39 minutes

A favorite Federal Reserve inflation gauge, the core personal consumption expenditures index, measured 4.9% year over year for December. It hasn’t been that hot since September 1983. And the employment cost index was up an annualized 4% during the fourth quarter of 2021, an all-time high for that metric. Meanwhile, talk on the U.S.-Russia-Ukraine front has turned to economic sanctions, which, while short of “hot” war, pose their own set of challenges to people on the ground. Yields backed up and equities rallied on all the news. Jim Bianco, founder and president of Bianco Research, joins Real Vision’s Maggie Lake to sort out an eventful Friday. And Weston Nakamura drops in to share his thoughts following an equally dramatic week in China. Want to submit questions? Drop them right here on the Exchange: