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Bloomberg Television

Inflation numbers, bond market what-ifs and Musk heads to Washington 🙀

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magical numbers 3.3% pretty much in line with what the market had expected on core inflation super core services are dropping food prices are edging High car insurance done Neil Kashkari was with us this morning he said we are not in stock flation we’re not stuck at 2.5% he is still optimistic that will push towards the lower bind but of course it depends on policy next year the immediate reaction in the bond market was for t to come back ever so slightly down by six basis points from the high and this bond market is grappling with wh ifs for next year when it comes to Great Adventures and off to the Moon it is Elon Musk and VC at ramaswami they are off to Washington what will Doge do the department of government efficiency just how much power will that committee have how much influence will that have and how much can they actually deliver on efficiency versus a lot of talk when it comes to positioning overweight stocks it’s moved to the highest since 2013 on the Bank of America survey and the probability of no Landing ratchets to 33% the threes again

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