6min chapter

The Compound and Friends cover image

That Wasn't the Bottom

The Compound and Friends

CHAPTER

The Fed's Focus on Inflation and Jobs

Unemployment rates are at a historic low things are going along just great on the labor front. The mantra is the consumer strong because there's still 1.3 trillion dollars in excess savings in their bank accounts Therefore even if the labor market were to weaken which clearly it is right now Josh Dwyer says people would be able to refinance debt and get lower interest rates. "The problem of this cycle, which I don't think enough people are paying attention to The Dwyer family," he said.

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