Outlook For Markets As Inflation Rises

Easy credit conditions, abundant liquidity, and global search for yield have kept a lid on interest rates and risk premiums, says Mark Heppenstall of Penn Mutual Asset Management. He gives his thoughts on why inflation isn't transitory. Higher inflation is disproportionally hurting low and middle income wage earners, he adds. He thinks there is a disconnect between the level on interest rates and inflation. Mark also weighs in on the housing market. Tune in for more details.