Bloomberg Podcasts · Markets Price in April CPI | Bloomberg Surveillance

1. 1. Current US CPI is tracking higher, with forecasts predicting inflation above 4.2% for Q2.
2. 2. Public perception of inflation is heavily influenced by "salient prices" like gasoline and eggs.
3. 3. The stock market continues "climbing a wall of worry," driven by strong corporate earnings despite investor concerns.
4. 4. The lightly regulated private credit market faces asset quality deterioration and potential increased oversight.
5. 5. UK Prime Minister Starmer faces a leadership challenge amid low approval ratings and political fragmentation.