Francisco Blanch, Bank of America Global Research Head of Global Commodities & Derivatives Research, says the oil market is “springy” due to low inventories. Brent Schutte, Northwestern Mutual Wealth Management CIO, notes the bond market signals inflation is fading. Blerina Uruci, T. Rowe Price U.S. Economist, expects the Fed to continue hiking rates. Henrietta Treyz, Director of Economic Policy at Veda Partners, observes that the Republican Party remains deeply fractured in the House.
Treyz added on Bloomberg Surveillance Podcast: “There are some small things on the margins that the administration can do without Congress… one of the things specifically would be to institute investment restrictions…”
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