Want to create an interactive transcript for this episode?
Podcast: Squawk Pod
Episode: A Hard Landing, A Missing Yacht, & Warren Buffett’s Latest Letter 02/27/23
Description: After digesting a hotter-than-expected personal consumption expenditures price index, the markets closed out their worst week so far in 2023. The PCE price index is the Fed’s preferred inflation metric; Aperture CEO Peter Kraus discusses the likelihood of a Fed’s soft landing in winding down interest rates and battling inflation. Warren Buffett published his annual letter to shareholders over the weekend, weighing in on buybacks, fiscal debt, and his own annual returns. The U.S. government has frozen over $1B in assets from Russian oligarchs, but holding those assets is proving to be an expensive–and legally tricky–endeavor. C...