Behind The Markets Podcast: Nitesh Shah & Aneeka Gupta
Behind the Markets Podcast
00:00
The Fed's Projections of a 50 Percent Rate of Inflation
The University of Michigan showed that the one-year inflation expectations dropped quite considerably from 4.9 to 4.6 percent, it was not expected to drop at all. I think the terrible productivity of 2022 is going to be transformed into the remarkable productivity of 2023. And with that means that unit labor costs are going to decline. We're not going to have a strong job market, but we may have a stronger GDP and we might have a stronger margins...and we may not have a recession.
Transcript
Play full episode
