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Brenner: Labor Data has been Off for Years, Fed Potentially Compromised
Manage episode 502794067 series 3645668
“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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7092 episodes
Manage episode 502794067 series 3645668
“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.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
7092 episodes
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