“The positives are: If you’re focused on floating rate lending, you [could] have more income for longer. And if we can avoid a recession, then you’re not going to have the hangover from defaults that eat away at some of that income.”
Chief Market Strategist Troy Gayeski joined Jonathan Ferro on “Bloomberg Surveillance” to discuss inflation and potential market opportunities. He addressed the latest data from the Consumer Price Index (CPI) and Producer Price Index (PPI), yield curve steepeners and why he’s optimistic about private lending.
Watch the video to hear more from Troy.