Greg Peters, co-chief investment of PGIM Fixed Income, discusses the turmoil in global financial markets and the implications for central banks including the Federal Reserve. He speaks with Jonathan Ferro on the special edition of “Bloomberg Surveillance.”
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You mean a Fed Pivot
Correction:
3% ($30) of $1000
5% ($30) of $600
So if 3% becomes 5%, you'll lose $400 or 40%
From the thumbnail, I'd hoped this was a Will Ferrell sketch. Disappointed. 😂
Here is a pro tip for newbs. When they have “fixed income” in their title, they want the Fed to stop. They need the Fed to buy bonds, not sell.
hypersonic hyperinflation hyperbole
I wish they would upload the episode today.
What the Fed knows we don’t: Non SIB fail, no sale, but Fed receivership instead, infinite backstop, then reversed, winners and losers being picked, international insolvencies, Fed insolvency, Treasury insolvency, Print $300B in a blink, moving from standard weekly swap line to daily to funny-money foreign players, infinite money printer back on, but for everyone now, not just us! AND….FedNow in July… seems the system will need saving by a CBDC in place of Bitcoin..which will die and Oops(!) won’t need regulating..because it is dead.
No. Fed won't sacrifice $ just to save some banks.
Hit 100k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 8k in June 2022
Fed will pivot and we will see inflation take off again cause that's the only way to kick the can. Society's will be ripped apart of inflation.
The rates have to keep going up till inflation is stopped all through 2023 or longer , this guy is dead wrong.
BAIL IN OR BAIL OUT= BAIL OR COLLAPSE THE DOMINO 🎉
The FED going to raise rates to save face and do QE under the table with the banks what a joke and no one will challenge them just like they have not been doing QT as they said they would and no one challenge them on that in the press conferences. One big scam.
About 1000 banks closed last time inflation was this high.
this is a corporate solution, not a bail out! … 😆😆😆
RIP world.
Raise the rates already
Historically, pauses don't solve any problem, only make it worse when it has to resume.
You are the real human .fed is bear.
Name of the Game is Bail Out, " The Creature From JEKYLL Island , G. Edward Griffin " Print or Die, in a Debt Structured Economy.
Do Not Buy Gold or Silver , what ever you Do. Buy Paper assets.
Good job by the fed caused bank criss
Look at pgim returns first last 5 years what am I missing ya my money you can't explain that
For the past 10 years, the low interest rate and QE have resulted in excessive wealth accumulation of the top 10%
It is about time that the Federal Reserve starts to think about the other 90% who are suffering from high inflation.
We allow private enterprise to control our economy and our money. The Federal Reserve Bank Is private, it is not part of the Federal Government. This was wrong in 1913 when they created the Fed, and it is wrong now. The Fed is owned and operated by private money people. They are untouchable and can do whatever they wish with interest rates and banking. For me, the Fed should be a branch of the government and independent, like the Department of Justice. The Fed is out of control. The market should determine interest rates, and chips should fall where they may. Also, I believe our money should be backed by something like commodities or precious metals or some combination. This move would take control of the money out of the hands of the government and into the natural market. The money is manipulated by governments for many reasons, and the big one is paying for WAR. This happened in 1971 when Nixon took the US off the gold standard in order to print more money in order to pay for the Vietnam War.
END THE FED!
If we allow the Fed to create and use a CBDC, it will eventually be mad mandatory and then the Fed and banks will have complete control over the economy. They will determine how you can spend your money.