Phil Suttle on Fed Murdering Expansions and Bond Worries
Macro Hive Conversations With Bilal Hafeez
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Is There a Supply Demand Mismatch in the Labor Market?
The labor market is more deeply overheated than any labor market we've had in the last 50 years. Companies are beginning to say, well, enough's enough and it's time to start letting workers go. I'm projecting the unemployment rate to get up to around 6.5% by the early part of 2024.
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