Surveillance: Labor Market Story Strong, Says Kudlow
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 6 September 2019
⏱️ 47 minutes
🧾️ Download transcript
Summary
Ellen Zentner, Morgan Stanley Chief U.S. Economist says significant increases in optimism in the labor market can lead to higher participation rates. James Mayger, Bloomberg China Economy Editor & Beijing Deputy Bureau Chief, breaks down what the PBOC cutting its reserve requirement ratio means for the Chinese economy. Jeff Rosenberg, BlackRock Systematic Fixed Income Senior Portfolio Manager, explains why the August U.S. Job growth report is a"temporary" low. Tiffany Wilding, PIMCO U.S. Economist, says the jobs report confirms the trend that the labor market is slowing. Larry Kudlow, National Economic Council Director, reacts to the jobs report, says "tempers are calmer" as China and the U.S. prepare for talks and believes Former Fed President Dudley linking monetary policy to the election is a "new low."
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| 0:43.5 | Daily, we bring you insight from the best |
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| 0:56.4 | Bloomberg. |
| 0:58.4 | John Fair and I now to dive into a real discussion here on the American labor economy. |
| 1:04.5 | You can do that with Ellen Zettner, |
| 1:06.1 | and you can particularly do that, John, |
| 1:07.7 | because within a research notes, |
| 1:09.9 | there's always that one chart. |
| 1:11.6 | I remember when Ellen years ago owned the terror part of |
| 1:14.9 | consumer spending it was the same thing. You have a killer chart, Alan, on the |
| 1:21.0 | labor differential jobs out there plentiful jobs |
| 1:25.7 | jobs hard to get this is the most perfect American labor economy |
| 1:30.4 | since time we dove tell this into a happy America with wage growth? |
| 1:44.0 | Well, Tom, because I'm an economist, I'm supposed to be the digital scientist. |
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