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#1036 Darius Dale On Why The Fed Will Tighten Until Something Breaks

The Pomp Podcast

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The Fed Will Tighten Into a Break Something Labour Demand

This chart shows the e of jolt's total job openings relative to the total number of unemployed workers. We're coming off to all time high there, but we're not moving down fast enough, nor have we achieved a level, our threshold, that would tell the fet that its job is done here. The fed will tighten until something breaks. And right now, from a level slash threshold perspective, we are still very hot, very much overheating in the labor market. So where is it? Where can this go?

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