Cuts & Concerns, Equities Excitement, and 3 Buys & a Bail: Tech Earnings Edition 1/5/24
The Exchange
00:00
The Impact of the Job Market on Inflation
The hosts discuss the surprising loss in employment, increase in multiple job holders, and voluntary part-time employment. They analyze wage data, the recent increase in real rates, and speculate on whether the Fed should be cutting rates. The chapter explores the narrowing premium for changing jobs, the importance of caution in the Fed's decision-making process, and the market's anticipation of the curve disinverting.
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Transcript
