A Quant's Take on Inflation
Sometimes it feels like you need to be a rocket scientist to trade successfully in modern markets. Well, George Patterson used to be one, having began his career at NASA’s Jet Propulsion Laboratory before turning his attention to investing with quantitative strategies.
Now he’s the chief investment officer of PGIM Quantitative Solutions, which oversees about $91.5 billion of PGIM’s $1.5 trillion in assets under management. Patterson joined the latest episode of the “What Goes Up” podcast to discuss his approach and share his thoughts on inflation, the Federal Reserve’s efforts to fight it, and what it all means for markets. Normalization of inflation will be a “multi-year trend,” he says.
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