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