Perspectives: Episode 59 – The paradox of low unemployment

In this episode, Escala Partners CIO, Tracey McNaughton, discusses the key takeaways from the US earnings reporting season and why it is that a low unemployment rate is a bad thing for the economy.   (0:51) - What were some of the key takeaways that came out of Escala's International Equities heat week? (4:23) - The tightening of the labour market is not only impacting expenses for companies, but also revenue. (7:19) - What are you looking for in the current earnings season in the US? (12:33) - The strong US dollar is a two-edge sword for inflation, isn't it? (13:41) - The aggressive stance of central bank activity looks set to remain.