Tariffs, deportations are key to controlling inflation: Strategist
The October Producer Price Index (PPI) report exceeded expectations, up by 0.2%, raising concerns about the Federal Reserve’s rate path. Simplify Asset Management chief investment strategist Michael Green argues that to keep inflation under control, the focus should shift to tariffs and deportations. Green tells Morning Brief Anchors Seana Smith and Brad Smith that deportations are going to hurt the housing market, which has been a key factor that has kept inflation numbers high. In terms of what the Trump trade means for investors, Green cautions against equity exposure given the risk of high valuations. “We should look at much of what we’re seeing in the fixed income world as an opportunity to de-risk portfolios while still earning a very attractive return,” he said.
#youtube #news #stockmarket
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
