Risk of a Fed Policy Mistake Is Rising: State Street's Gerard

The transcript discusses the impact of rising yields on valuations and allocations, highlighting concerns about potential policy mistakes due to divergent views within policy-making bodies like the FOMC. It emphasizes the importance of understanding inflation's drivers, suggesting a focus on inflation sensitivity rather than rate sensitivity in investment strategies. The discussion also covers the sustained exuberance in commodity markets and the importance of companies having a plan to address inflation during earnings season.

What factors contribute to the divergence in opinions within policy-making committees?

In what ways do companies address inflation during earnings seasons?