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Markets Risk Getting Inflation Wrong Again, PGIM s Peters Says

Markets Risk Getting Inflation Wrong Again, PGIM s Peters Says
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Markets Are Wrong to Write Off Inflation, PGIM s Peters Says

(Bloomberg) Investors have been too quick to dismiss the threat posed by inflation after a “miraculous” decline toward central bank targets, said Greg Peters, co-chief investment officer at PGIM Fixed Income.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneByron Allen’s Latest Takeover Attempt: Paramount for $14 BillionTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyNovo Nordisk Smashes Past $500 Billion Value on Wegovy F

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The last mile of inflation has a bad reputation

In the rapidly evolving outlook for interest rates, some things are still sacrosanct. The pace of price increases has slowed significantly, and the argument is now how much – rather than when – borrowing costs will be lowered this year.

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Rate Cuts: The last mile of inflation has a bad reputation

If 2022 was about removing accommodation, 2023 was about shifting rates beyond neutral to a region that restrains business and consumers. Now comes the delicate part where actions and communication need to be more nuanced. It s important not to conflate a reluctance to be pushed around by traders as a rejection of cutsbloo

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In float tanks, Pittsburghers find pain relief, relaxation, and cosmic visions

Floating, or floatation therapy, is an alternative wellness practice that originated nearly 70 years ago, but it’s experienced something of a renaissance in the last decade, and many are popping up in Pittsburgh. The purported benefits are many: physical therapy and pain relief from the reduced gravity; meditation from the limited light and sound; even consciousness exploration or psychedelic experiences.

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