one, actually, which we could continue for a while thank you for joining us the global head of multiassets at bnp paribas. >>> we will hear from stefan ha rrk tung from bosch. that interview is coming up next ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. why are 93% of sleep number sleepers very satisfied with their bed? maybe it's because you can gently raise your partner's head to help relieve snoring. so, you can both stay comfortable all night. and now, save 50% on the sleep number 360 limited edition smart bed. ends monday. >>> welcome back bosch has reported total sales of 88.4 billion euro a 12% increase from the previous year the company expect the energy crisis to drive demand for new technology forecasting the demand for the heat pumps

joining me now, co-cio of multiasset solutions goldman sachs maria visali.what federal reserve chairman jerome powell said and how it will affect investing. >> i think what jay powell said he will continue tightening. that he has a long way to go in terms of taming inflation. i think the market is hearing what the market wants to hear and every time he mentions the word disinflation, the market goes up but where he sees disinflation is in the goods markets. there are no signs of disinflation in the services and the core services and we got a really red hot labor market. so he needs to do something about it. i think the market is underestimating the extent to which the fed is going to go to tame this inflation. liz: maria, we saw yields popping. the equity market is popping right now. fixed income, what do you like in that area? >> we like fixed income given how high the rates are and the fact that real yields are positive and so, we are also at some point approaching peak rate. we think it will go as high as potentially 5.5 at this point. if the labor market