Bob Prince and Ed Hyman on the Fed, Inflation, and What It Means for Investors
May 6, 2022
Co-CIO Bob Prince and Evercore ISI Chair Ed Hyman join Bloomberg’s Wall Street Week to discuss the current economic environment, recent market moves, and the challenges facing investors.
In this discussion, Bob and Ed cover the disconnect between the economy and markets and the role interest rates and inflation are playing in driving market outcomes. They talk through where we are in the tightening process, why the Fed is facing the most challenging set of circumstances since the 1970s, and how monetary inflation is different from cyclical inflation. They also cover how investors can protect themselves in this difficult environment, sharing ideas for diversification within equities and using other asset classes.
In this discussion, Bob and Ed cover the disconnect between the economy and markets and the role interest rates and inflation are playing in driving market outcomes. They talk through where we are in the tightening process, why the Fed is facing the most challenging set of circumstances since the 1970s, and how monetary inflation is different from cyclical inflation. They also cover how investors can protect themselves in this difficult environment, sharing ideas for diversification within equities and using other asset classes.