
Surveillance: Standing Markets with Slimmon (Podcast)
Bloomberg Surveillance
00:00
The Fed Needs to Like More Than the Markets Are Anticipating Right Now
I think therein lies the problem for the fed. We have a very strong economy, and they're trying to wok this tight rope bringing inflation down while the unemployment trade only picks up a little bit. Because this will be absorbed in the joge openings that are at record his at the moment. And so i think what happens with consumer spending over the coming mans will be keep or revenues. Of course, we're going to have a correction from the levels that we saw last year that was unsustainably high standing for veas consumer. But we're shifting our view to focusing more on the services sector,. where we think the economy is going to re balance and towards those staples as activity
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