Brenner: Labor Data has been Off for Years, Fed Potentially Compromised
Schwab Network · Schwab Network
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Show Notes
“There isn’t a lot of room for error” in Nvidia (NVDA) earnings, says Andrew Brenner. However, he’s paying more attention to the Fed decision in September. He thinks employment is “10 times” more important than inflation, and thinks the Fed will agree, but he also doesn’t quite trust the labor data the government is publishing. Andrew also thinks that the Trump administration will push the Fed to cut rates faster than they would like – highlighting a potential compromise of their independence.
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