Economic data
Investors Need to Assume $100 Oil Until Yearend, Principal's Shah
Seema Shah, chief global strategist at Principal Asset Management, discusses the impact of higher oil prices on inflation, Federal Reserve monetary policy and investment portfolios. "Assuming that oil prices remain at around $100 a barrel until the end of the year has to be part of the decision-making process when we're thinking about portfolios," Shah tells Bloomberg Television. (Source: Bloomberg)