Bloomberg The Open 03/25/2024

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Manus Cranny highlights the market-moving news you need to know heading into the opening bell on Wall Street. Today's guests: Cameron Dawson, NewEdge Wealth CIO; Nadia Lovell, UBS Global Wealth Management Senior US Equity Strategist; Manish Kabra, Societe Generale Head of US Equity Strategy.
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Sort of relying on bond market to push long term rates up. Which will put pressure on inflation. Housing, auto sales will be limited. But can't choke off production with short term rate hikes.

Fgji
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Higher long term rates gonna cap housing inflation. Fed can lower 2 yr. But will pressure up on 10yr.

Fgji
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FED has successfully squeezed the liquidity from the actual economy into stocks and Bitcoin.

jaym
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Bull steepen the yield curve. Get the economy on the ground. Higher long term rates will contain inflation. Days of 3% mortgages won't return for awhile.

Fgji