EPISODE · Apr 13, 2024 · 20 MIN
Is the Economy Really Strong?
from KP Talks Dollars and Sense
The jobs report has been making waves, with 303,000 new jobs added. Fed's mandate isn't just about job creation but a balance between inflation, price stability, and full employment. Fed's moderate long-term interest rate mandate is at 2.5% of our GDP. It's a balancing act like no other, and the stakes couldn't be higher.Cathie Wood expects by 2050, net interest could soar to a jaw-dropping 6% of our GDP. That is not sustainable! Wage inflation dropped from 4.3% to 4.1% year-over-year and month-over-month.Stay up-to-date on all the latest news, updates, and exclusive content by following us on all of our social media accounts. https://linktr.ee/kptalksdollarsandsense#KPTalks #JobsReport #FedPolicy #Inflation #WageInflation #EconomicInsights #CathieWood #FiscalPolicy #MonetaryPolicy #GDP #InterestRates #MarketAnalysis #SpringBreak #NewportBeach #CatalinaIsland #StayInformed
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The jobs report has been making waves, with 303,000 new jobs added. Fed's mandate isn't just about job creation but a balance between inflation, price stability, and full employment. Fed's moderate long-term interest rate mandate is at 2.5% of our GDP. It's a balancing act like no other, and the stakes couldn't be higher. Cathie Wood expects by 2050, net interest could soar to a jaw-dropping 6% of our GDP. That is not sustainable! Wage inflation dropped from 4.3% to 4.1% year-ove...
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Is the Economy Really Strong?
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