13 min listen
Employment Market Is Red Hot
FromSchwab Network
ratings:
Length:
6 minutes
Released:
Mar 10, 2023
Format:
Podcast episode
Description
With the jobs reports, more jobs have been created than anticipated. "We are in an economy that is overheated as the employment market is red hot. This reflects an overheated economy and policy needs to be adjusted to that fact. My sense is that the Federal Reserve will be at a 50BPS interest rate hike. This is despite the sell-off we are seeing in financial markets around the potential unrealized losses in the banking sector. The markets are functioning with balance sheet analytics, price discovery, and a potential private capital situation," says Joe Brusuelas.
Released:
Mar 10, 2023
Format:
Podcast episode
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