Bloomberg Television
US Inflation Cools as Trade Wars Heat Up | Bloomberg Surveillance | March 12, 2025
Bloomberg Surveillance hosted by Tom Keene and Paul Sweeney
March 12, 2025
Featuring:
• Mark Zandi, Chief Economist at Moody's Analytics, Adam Posen, President of the Petersen Institute for International Economics, and Brij Khurana, Fixed Income Portfolio Manager at Wellington Management, react to the latest consumer price index data and discuss how inflation and tariffs could continue to impact markets
• David Sowerby, Managing Director and portfolio manager at Ancora Advisors, offers his outlook on the equity market and whether a rebound might be on the horizon; Goldman Sachs strategists lowered their year-end target for the S&P 500 Index to 6,200 from 6,500, citing reduced GDP growth forecasts and higher uncertainty
• Callie Cox, Chief Market Strategist at Ritholtz Wealth Management, discusses the importance of staying in the market amid what she calls a "classic growth scare"
• Leland Miller, CEO at China Beige Book, explains why he believes China is better-prepared for a protracted trade war with the United States than during President Donald Trump's first term in office; Trump's 25% tariffs on steel and aluminum imports took effect Wednesday, triggering an immediate response from the European Union and sparking a new phase in the global trade war
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Published Mar 12, 2025