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Labor Pains, Health of the Consumer, and ‘Stagflation’ Situation 10/7/22

Labor Pains, Health of the Consumer, and ‘Stagflation’ Situation 10/7/22

The job market’s still going strong, likely keeping the Fed firmly on its hawkish path. And stocks are lower as a result. But is the market overeating? We’ll debate. Plus, the consumer is also still strong, according to new data from Mastercard. We’ll speak with the analyst behind the report about trends he’s seeing and how they might influence the Fed’s strategy. And, we have a special Jobs Edition of ‘3 Buys And A Bail’ -- including one name Gina Sanchez says will do well no matter what state the economy is in.

The Exchange

October 7, 202244m 48s

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Show Notes

The job market’s still going strong, likely keeping the Fed firmly on its hawkish path. And stocks are lower as a result. But is the market overeating? We’ll debate. Plus, the consumer is also still strong, according to new data from Mastercard. We’ll speak with the analyst behind the report about trends he’s seeing and how they might influence the Fed’s strategy. And, we have a special Jobs Edition of ‘3 Buys And A Bail’ -- including one name Gina Sanchez says will do well no matter what state the economy is in. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.