While many analysts are worried about the weakening jobs market, today's guest thinks it might be exactly what's needed for the economy to get...better?
Michael Kantrowitz, chief investment strategist & managing director at Piper Sandler, is best known for his H.O.P.E. framework -- which predicts how recessions start and end.
Michael sees the economy as potentially entering "goldilocks" conditions of rising growth, disinflation, lower interest rates, and low oil prices.
The weakening job market is disinflationary AND provides the incentive for the Fed to cut rates. That actually creates the kind of conditions that we normally see with economic recoveries. So, does that mean the market will continue rising?
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Disclosure: Thoughtful Money LLC is in the application process to be a Registered Investment Advisor Solicitor. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.