thank you so much for joining us, guillaume menuet.till ahead, blackstone president john gray tells bloomberg, he expects inflation to persist for some time. we have more conversation on the rise in prices, next. this is bloomberg. ♪ matt: this is bloomberg markets. i'm matt miller. unilever warning today that costs for raw materials, shampoo, detergent, ice cream, etc. are increasing at the feist test pace in more than a decade, forcing the company to scaled-back profitability goals for this year. that is bad news for investors. also bringing about some inflation as they pass it along in prices. sonali basak spoke earlier with the president and ceo of blackstone, jon gray, about his concerns on inflation. >> we are definitely seeing signs of inflation out there. commodity prices have moved up, so that is impacting cost. we are seeing it in wages, particularly in areas like hospitality and leisure, where finding workers is difficult. compensation is going up. we are also seeing it on the high-end, like in technology. as you look at ear