Rebecca Patterson Discusses Inflation and Housing Affordability

Former BridgeWater Associates investment strategist Rebecca Patterson appeared on CNBC’s ‘Squawk on the Street’ to share insights on Treasury Secretary Bessent’s comments regarding rate cuts and housing affordability. She emphasized that inflation’s persistence alters market dynamics significantly.

Impact of Inflation on Bonds

Patterson also explained how bonds react differently in inflationary environments, highlighting the complexities investors face. The interview underscored the importance of understanding these shifts for making informed investment decisions in the current economic landscape.