Risk of a Pullback in US Markets Is Quite High: Oliver

Bloomberg Markets and Finance published this video item, entitled “Risk of a Pullback in US Markets Is Quite High: Oliver” – below is their description.

Shane Oliver, head of investment strategy and chief economist at AMP, discusses US inflation, his outlook for US markets and China’s bond market. He speaks on Bloomberg Television.

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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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