This Is Why The Fed Is Right
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JOLTS for July jolted the heck out of the soft landing narrative and for very good reasons. To begin with, why the soft landing view has become so widespread? It isn't necessarily what you might think. We have to dig up the current increasingly absurd version of the Phillips Curve to find out. We also have to be aware of just how close the US economy might be to the recession cliff, savings, student loans, and now maybe jobs, too.
Video Length: 00:18:50
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Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...
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