Higher Rate Environment Weighs On Employment
Schwab Network
English - December 06, 2022 21:38 - 9 minutes - 70.6 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Mild Recession Could Help Set Stocks Up For A Good 2023
"I think that there are distortions underpinning the wage growth. For example, if you look at transportation and warehouse, there was a 2.5% increase month-over-month. However, there was a job loss in that sector. Conditions are tightening and cannot ignore the ten year yield," says Bill Baruch. Baruch also weighs in on OPEC+ deciding to maintain output cuts.