The Fed Stays Strong: Higher Rates for Longer
Real Vision: Finance & Investing
00:00
The Fed Upgrading the Labor Market Downgrading Inflation
Joltz: The Fed is upgrading the labor market downgrading inflation. That's extremely important because it ultimately means that the Fed is going to be what we call this phase one liquidity cycle downturn. In our opinion, at least not in the opinion of the data rather, is the phase two credit cycle portion. We continue to see job growth and really more importantly, aggregate labor's income with respect to the private sector.
Play episode from 05:02
Transcript
