William Dudley, Bloomberg Opinion Columnist & Former New York Federal Reserve President, says rates will climb much higher than expected once the Fed does begin to hike. Jared Bernstein, Council of Economic Advisers Member, says having childcare in the infrastructure package is a high priority. Francisco Blanch, BofA Securities Head of Global Commodities & Derivatives Research, says copper could go as high 20K per ton if the supply of scarp doesn't make it into the market. Arvind Krishna, IBM Chairman & CEO, says AI will be infused into every enterprise and every process this century. Sarah Hunt, Alpine Woods Capital Investors Portfolio Manager, says tech still has a lot of pricing power.
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