Chapter
The Markets Are Underpricing Inflation Risks Says Morgan Stanley
42:40 - 47:40 (04:59)
Morgan Stanley's Ruchir Sharma criticises market focus on macro issues, saying it prevents investors from taking action, and says that markets are mispriced for US inflation over the next few years due to inflated inflation expectations from deflationary pressures in the last few years.
Clips
Many companies use accounting tricks like accruals and inventories to present a healthier earnings report than is actually true, leading to a gap between reported earnings and actual net income.
42:40 - 45:11 (02:31)
Summary
Many companies use accounting tricks like accruals and inventories to present a healthier earnings report than is actually true, leading to a gap between reported earnings and actual net income. This earnings recession may be a reality, and it's something investors should be aware of.
ChapterThe Markets Are Underpricing Inflation Risks Says Morgan Stanley
EpisodeE118: AI FOMO frenzy, macro update, Fox vs Dominion, US vs China & more with Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
CNBC's hosts discuss the difficulty of predicting consumer spending amidst macroeconomic discussions and uncertain factors such as rising interest rates and offsetting lower energy costs.
45:11 - 47:40 (02:28)
Summary
CNBC's hosts discuss the difficulty of predicting consumer spending amidst macroeconomic discussions and uncertain factors such as rising interest rates and offsetting lower energy costs.