3 Burst results for "Paul Suinian"

"paul suinian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:52 min | 1 year ago

"paul suinian" Discussed on Bloomberg Radio New York

"Surveillance. Good morning, everyone. Calls me and Tom Keene. Pulse Videon for John Farrow feral at the elgar will talk about that a little bit surveillance correction. I thought he was going straight from the all gar to Madrid. He's not went to the garbage coming back and then I think he goes to Madrid right now. We need to do the economic indicators officials in negative fourteen. And the economic indicators is always brought to you by Commonwealth financial network the r I a broker dealer. This one, the JD power award for the highest in independent advisor satisfaction among financial investing firms that don't that five times in a row. Visit Commonwealth dot com. And we think Commonwealth financial network for their support a quiet day to day, but the later on Paul Suinian this, the securities beautifully to our next guest. We have some several many in. The minutes of the fed, which I find ridiculous. And the minutes used to be used to be to try to measure Arthur burns, the what the pipe smoke said out of his pipe. And then it was Greenspan multi syllable. Speeches. And now it's some several many Matthew Zeti joins your Bank right now on the American economy. What fail you miss you do you get out of the minutes? I think the value of the minutes depends on what has happened in between the meeting and today and I think that's a particularly important for about today's minutes. The minutes will typically today should show, the fed was a little bit more optimistic on the growth fund mystic on, on trade, and in global growth. And it clearly that's become stale, given that we've had the flair trade tensions since then I think, more importantly, we'll be looking at is how they talked about the inflation dynamics outlook. Well, let me look into that in moment, but this is really important. The minutes became a joke about some several in many do they still do that to the minute still say some of our districts, several members do they still have absolutely absolutely do. And, and you know, part of job is parsing through how many members and officials are represented by each camping anything on the inflation front, that's going to be an important distinction today. If they feel Matthew, I think from the feds perspective, they feel that inflation is let's call it. Stubbornly low, do you think the fed can even influence inflation? I think that's a key question. And we've certainly seen a number of fed officials and, and academics and others focusing on the fact that the Phillips curve fund, meaning that inflation, does not seem to be as responsive or sensitive to the unemployment rate in growth has been in the past week. We put in a note just recently early this week and it looked at how much of the core PC basket KENDALL said actually affect either through the economic growth or through the dollar. We think about two thirds of the basket. They can't affect that means that there's about a third of the basket that they cannot. And so it does put constraints I think on how much they can they can get inflation. Can I get back to two percent and from this policy framework, debate can even get above two percent if they wanted to so from your perspective, what can lead in a flation higher wage? Just looking at wages, you know three point two percent. That does not seem to be doing it. Yeah. I think wage growth has not been doing it or for a few reasons, one is that productivity growth has risen in line with wage growth. And so you haven't seen these costs push pressures come come through. In addition, these some of these components that, that cannot affect have been been weaker. But I think the fed, if they are looking to push inflation, higher, it's going to, to be through the economy, typing and more importantly to inflation expectations really, really important. How do they force inflation higher? Is there is there a legit published academic study that says a fed pushed inflation higher? I think the whole Phillips curve, framework, which has, has clearly come under question is about the fed being able to push inflation higher. But that's the effectiveness of that has declined because the sensitivity of inflation dislike has declined history. Well, let's go to Walter Heller. He was before you met the sixties did they, quote unquote push inflation higher. Or was it other forces that moved to play should higher? It was a combination if you look back to the sixties, you had an economy that clearly had head over tightened up. They continue to push unemployment rate lower at the same time. You had health care initiatives, that, that let this guy rocketing healthcare inflation. So that was outside their control. But I think most importantly, inflation expectations rose substantially inefficient expectations versus actually because the fed was really trying to get a hot economy at that time they could contain a push mower. And just in time, he had massive fiscal stimulus. So does it looks at that period and said this wasn't uninteresting inflation, expectations and they look forward? Look at that is the key. Way too short. Betsy was we gotta get you in your three hours at some point. He's working with Peter Hooper, just brilliant. Brilliant, research poetry simple. Folks, I'm not going to put out a lot of charts. I have to be honest. I don't have time to do it today. I'm worried about getting feral home for the all guard, but the European five year and then five year forward from their view. It's grim. The chart says G R M, it's not at record disinflation, but it's, it's ugly. The US one is not as ugly. It's, it's it has a nice lift up, which got everybody lathered up, including chairman, Paul. But by no means is outside of trend poll. No, it's not. And again, I think if you're the fed you can do in a victory lap here and say, I've engineered, we've engineered a, quote unquote, soft landing and relative to the rest of the world. We're doing just fine August snow. We fed beating. It's June nineteenth, I think I've memorized you nineteen what do they do July? Thirty one. What do we do July? Thirty one as investors. I think they sit on the sidelines. I think they sit on the sidelines. And so the data pushes them off the sidelines. Absolutely. And, and they've data dependent. And it's clear that they are in the date is on their side. We hope you just great conversation said he Albert oh, Gallow. Let's get national headlines right.

fed Matthew Zeti Madrid Commonwealth financial Paul Suinian Tom Keene John Farrow Arthur burns advisor Phillips curve fund Walter Heller Peter Hooper US Greenspan KENDALL Phillips Albert
Fed, Matthew Zeti And Arthur Burns discussed on Bloomberg Surveillance

Bloomberg Surveillance

04:48 min | 1 year ago

Fed, Matthew Zeti And Arthur Burns discussed on Bloomberg Surveillance

"A quiet day to day, but the later on Paul Suinian this, the securities beautifully to our next guest. We have some several many in. The minutes of the fed, which I find ridiculous. And the minutes used to be used to be to try to measure Arthur burns, the what the pipe smoke said out of his pipe. And then it was Greenspan multi syllable. Speeches. And now it's some several many Matthew Zeti joins your Bank right now on the American economy. What fail you miss you do you get out of the minutes? I think the value of the minutes depends on what has happened in between the meeting and today and I think that's a particularly important for about today's minutes. The minutes will typically today should show, the fed was a little bit more optimistic on the growth fund mystic on, on trade, and in global growth. And it clearly that's become stale, given that we've had the flair trade tensions since then I think, more importantly, we'll be looking at is how they talked about the inflation dynamics outlook. Well, let me look into that in moment, but this is really important. The minutes became a joke about some several in many do they still do that to the minute still say some of our districts, several members do they still have absolutely absolutely do. And, and you know, part of job is parsing through how many members and officials are represented by each camping anything on the inflation front, that's going to be an important distinction today. If they feel Matthew, I think from the feds perspective, they feel that inflation is let's call it. Stubbornly low, do you think the fed can even influence inflation? I think that's a key question. And we've certainly seen a number of fed officials and, and academics and others focusing on the fact that the Phillips curve fund, meaning that inflation, does not seem to be as responsive or sensitive to the unemployment rate in growth has been in the past week. We put in a note just recently early this week and it looked at how much of the core PC basket KENDALL said actually affect either through the economic growth or through the dollar. We think about two thirds of the basket. They can't affect that means that there's about a third of the basket that they cannot. And so it does put constraints I think on how much they can they can get inflation. Can I get back to two percent and from this policy framework, debate can even get above two percent if they wanted to so from your perspective, what can lead in a flation higher wage? Just looking at wages, you know three point two percent. That does not seem to be doing it. Yeah. I think wage growth has not been doing it or for a few reasons, one is that productivity growth has risen in line with wage growth. And so you haven't seen these costs push pressures come come through. In addition, these some of these components that, that cannot affect have been been weaker. But I think the fed, if they are looking to push inflation, higher, it's going to, to be through the economy, typing and more importantly to inflation expectations really, really important. How do they force inflation higher? Is there is there a legit published academic study that says a fed pushed inflation higher? I think the whole Phillips curve, framework, which has, has clearly come under question is about the fed being able to push inflation higher. But that's the effectiveness of that has declined because the sensitivity of inflation dislike has declined history. Well, let's go to Walter Heller. He was before you met the sixties did they, quote unquote push inflation higher. Or was it other forces that moved to play should higher? It was a combination if you look back to the sixties, you had an economy that clearly had head over tightened up. They continue to push unemployment rate lower at the same time. You had health care initiatives, that, that let this guy rocketing healthcare inflation. So that was outside their control. But I think most importantly, inflation expectations rose substantially inefficient expectations versus actually because the fed was really trying to get a hot economy at that time they could contain a push mower. And just in time, he had massive fiscal stimulus. So does it looks at that period and said this wasn't uninteresting inflation, expectations and they look forward? Look at that is the key. Way too short. Betsy was we gotta get you in your three hours at some point. He's working with Peter Hooper, just brilliant. Brilliant,

FED Matthew Zeti Arthur Burns Phillips Curve Fund Paul Suinian Walter Heller Greenspan Peter Hooper Kendall Betsy Phillips Two Percent Three Hours
"paul suinian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:39 min | 1 year ago

"paul suinian" Discussed on Bloomberg Radio New York

"The previous report and lifestyle. Guru. Martha Stewart is teaming up with the world's largest cannabis company taking on an advisory role at canopy growth to help develop a broad new line of products for both humans and animals. Gina Cervetti, Bloomberg radio. Some people collect sellers full of fine wine or stamps. But here we collect the best of everything we do every day VP is given investors up positive surprise, Bloomberg best Great Britain and France have now joined a host of countries supporting the move. It's exciting and easy to carry around Ed Baxter and June Grasso. Weekday evenings at five eastern on Bloomberg radio, the Bloomberg business app, and bloombergradio dot com. Bloomberg the world is listening from the financial capital of the world. Twenty four hours a day at Bloomberg dot com on the Bloomberg business app and a tick tock on Twitter. This is Bloomberg radio. This is Bloomberg surveillance economics. We are in the midst of what I call a beautiful normalization around the world of overreached. And I think it's very dangerous Clinton. The fed is still very much in a wait-and-see mode. Low rates have effectively allowed companies that perhaps should have gone out of business to stay in business investment. Brexit sits in the background and colors every decision that has to be made new business of buying selling higher. This business of buying high and selling Bloomberg surveillance with Tom Keene and bowls tweeting on Bloomberg radio. Good morning everyone. Paul Suinian, Tom Keene. Bloomberg Serena's from fifty ninth and Lexington in a.

Bloomberg Bloomberg Serena Tom Keene Gina Cervetti Martha Stewart fed cannabis VP Ed Baxter Twitter June Grasso Paul Suinian Clinton overreached Lexington Brexit Britain France Twenty four hours