REPLAY – Sinai’s Employment Conference Call – 3/10/17

Posted March 10, 2017 by rvillareal

Full Employment and Then Some?

What Next for the Fed?

• Labor Market in February—Super Strong, Strong, Weak, Mixed?

• Jobs, Unemployment Rate, and Wage Inflation
• Full Employment by Current Fed Definition Achieved! But is it Really?
• S. Economy Implications and Prospects—Q1 and Beyond—DE “Overshoot” Baseline
• Trumponomics Effects
  • What Now for the Fed—New Game Plan and Coming Changes
• Full Employment and Price Stability Essentially Achieved
• What Now the Objective?
• Not Too “Hot”, Not Too “Cold”
• Federal Funds Rate Paths and Alternatives—Hawkish Tilt?
  • Financial Market Implications
    • “Bear” Fixed Income Markets
    • Equity Market Strategically Bullish—Tactically Some Issues
  • Risks—Mostly Political and Geopolitical