Jobs, Re-Opening, and Inflation: How Transitory is “Transitory”?

Published on
May 27th, 2021
38 minutes

Jared Dillian on Risk Management and “The Inflation Inflection Point”

Jobs, Re-Opening, and Inflation: How Transitory is “Transitory”?

Daily Briefing ·
Featuring Jim Bianco and Ed Harrison

Published on: May 27th, 2021 • Duration: 38 minutes

Real Vision managing editor Ed Harrison welcomes Jim Bianco, president of Bianco Research, back to the Daily Briefing to update viewers on how the bond market is reacting to the re-opening of the economy and the sustained dovishness of the Federal Reserve. Bianco analyzes how the Fed’s bias towards employment within its dual mandate is impacting inflation expectations and bond yields, and he and Harrison discuss today’s jobless claims within that context as well as ballooning budget deficits and central bank balance sheet expansion.