November 2023 / GLOBAL FIXED INCOME
Ausbiz: Markets might be a bit too exuberant
Scott Solomon of T. Rowe Price is of the view that although US markets may appear to have rushed in their reactions to the recent soft CPI reading, they are merely responding to signals from the Fed and other financial conditions. He discusses the various trends and aspects beginning from the start of the month, noting that the Fed's hints of a pause prompted the market to relax, a response boosted by the CPI data. Scott also mentions a potential re-inflation of asset prices is likely to continue into the next year.
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November 2023 / GLOBAL FIXED INCOME
Scott Solomon is a portfolio manager in the International Fixed Income Division. He co-manages the Dynamic Global Bond Strategies. Scott is a vice president of the Global Funds, Inc., and the International Funds, Inc., and an Investment Advisory Committee member of the Dynamic Global Bond and Dynamic Credit Funds. Scott also is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.