UBS On-Air: Paul Donovan Daily Audio 'Shades of beige'
UBS On-Air: Market Moves · Podcast owner
May 29, 20242m 4s
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Show Notes
The entertainment from the US Dallas Fed manufacturing survey comments did not disappoint. Several would be met with a disparaging “OK, boomer” if only the TikTok generation read the Dallas Fed manufacturing survey. Today’s anecdotes come in the form of the Federal Reserve’s Beige Book. These comments are indirect quotes, and sanitization reduces entertainment value. Remarks on prices and pricing power are still likely to be investors’ focus.