Kyle Bass: You’re currently losing 10% per year in purchasing power

Sharing is Caring!

CNBC, Released on 6/15/21

Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday. Kyle Bass, founder and chief investment officer of Hayman Capital Management, joined “Squawk Box” on Tuesday to discuss.

Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities.

See also  Fuel shortages in France have continued to escalate. Now more than 2100 stations are currently or partially out of service
Trending:
See also  SEC warns investors about risks of purchasing crypto asset securities

Views: 28

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.