The Risks Are A-Changing Fears about an impending recession were extinguished last week when the monthly jobs report came in blazing hot. The U.S. economy added 254,000 jobs in September, exceeding consensus estimates by more than 100,000 jobs. This has left investors searching for direction. Is the Federal Reserve going to continue lowering interest rates?…Read more
How Cool Is Too Cool? The economy has gradually cooled over the last year or two, but where is it headed? Inflation has come down notably, while the labor market continues to remain resilient (even though it’s not as blazing hot as it was two years ago). As Federal Reserve Chair Jerome Powell noted at…Read more
Are the Pieces Falling Into Place? The path to the Federal Reserve lowering interest rates depends on important economic data, such as jobs and inflation, continuing to cool. As of Friday last week, we can check the first item off the list after the June unemployment rate rose, and the number of jobs added in…Read more
