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Labor vs Inflation: The Fed's Dual Mandate and What it Means for Rate Cuts
Manage episode 505694946 series 3645668
"The labor side is where we should be focused on," says Jack Janasiewicz. He reacts to the latest weekly jobless claims that saw a nearly 30k upside surprise, while August CPI data revealed consumer prices rose at an annual rate of 2.9%. Jack provides his roadmap for the Fed's potential rate cut plan in 2025 and into 2026. In terms of market volatility, he says there could be an argument that there is a "sense of complacency" based off of low implied volatility. Jack says his investing approach is more neutral at the moment, but says he's willing to be better buyers on any weakness.
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7296 episodes
Manage episode 505694946 series 3645668
"The labor side is where we should be focused on," says Jack Janasiewicz. He reacts to the latest weekly jobless claims that saw a nearly 30k upside surprise, while August CPI data revealed consumer prices rose at an annual rate of 2.9%. Jack provides his roadmap for the Fed's potential rate cut plan in 2025 and into 2026. In terms of market volatility, he says there could be an argument that there is a "sense of complacency" based off of low implied volatility. Jack says his investing approach is more neutral at the moment, but says he's willing to be better buyers on any weakness.
======== 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 – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
7296 episodes
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