Inflation is still too high for the Fed's comfort and the key going forward will be the monthly rates, says Jack Janasiewicz of Natixis Investment Managers Solutions. The market is overwhelmingly bearish risk and hawkish inflation, he adds. He and Oliver discuss low consumer confidence numbers while the consumption numbers are good. Jack discusses how they manage their funds and says to reduce duration on fixed income and says to be selective in equity sectors, like staples and healthcare.