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Massive helicopter drop of money from Fed and Washington raises inflation risk, says manager of $88 billion bond fund

‘Massive helicopter drop of money’ from Fed and Washington raises inflation risk, says manager of $88 billion bond fund MarketWatch 1 day ago THE TELL Policymakers are making a big gamble that their extraordinary efforts to stimulate the U.S. economy will not send inflation out of control, but one of the biggest bond fund managers says its an open question if their wager will pan out. “We had this massive helicopter drop of money without creating more productivity capacity on the other side of it. The big policymaker bet was that by driving demand through the roof, you’re going to incentivize suppliers to expand capacity,” said Tad Rivelle, chief investment officer of fixed income at TCW Group and manager of its $88 billion Metropolitan West Total Return Bond Fund, once the biggest active fixed-income fund.

A Peek Into The Markets: US Stock Futures Edge Higher; Inflation Data In Focus

A Peek Into The Markets: US Stock Futures Edge Higher; Inflation Data In Focus
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Key Events This Very Busy Week: CPI, Retail Sales And Q1 Earnings Start

by Tyler Durden Monday, Apr 12, 2021 - 09:44 AM Looking at the busy week ahead, the pandemic will remain in focus as the new case count is still moving higher at the global level even if the US now appears to have left covid behind. In the week ending last Friday April 9, the numbers recorded by John Hopkins University showed a 4.45m increase in cases globally, which compares with increases of 4.11m, 3.78m and 3.29m in the 3 weeks before that, so as Deutsche Bank notes, we ve seen an acceleration in the past month, although the rate of increase is still shy of the peaks in December and January.

Key Events This Busy Week: Payrolls, PMIs And Barrage Of Fed Talking Heads

Key Events This Busy Week: Payrolls, PMIs And Barrage Of Fed Talking Heads
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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