Odd Lots Lots More With Neil Dutta
6 snips
Sep 15, 2023 
In this engaging discussion, Neil Dutta, Head of U.S. Economics at Renaissance Macro Research, delves into pressing economic themes. He breaks down the impact of rising bond yields on asset valuations and explores inflationary pressures amid a potential government shutdown. Dutta also examines the dichotomy of a soft landing versus an inflationary boom. Additionally, he reflects on why some investors are drawn to pessimism in economic forecasts, offering insights that blend serious financial analysis with lighthearted commentary.
AI Snips
Chapters
Transcript
Episode notes
Fed's Next Move
- The Fed is likely to keep interest rates on hold until December.
- The next hike, if any, might not occur until December and must be substantial if done.
Shifting Indicators
- Some economists previously favored the prime-age employment rate for gauging wage inflation.
- Now, they emphasize the quits rate, demonstrating a shift in focus.
Quit Rate and Strikes
- Recent labor negotiations might decrease quit rates in affected industries.
- Higher wages secured through strikes could reduce workers' incentive to leave their jobs.