Slok: If labor slows and inflation rises, that's stagflation

All right, Torson, same question for you as we had for an earlier guest. Uh, Jay Pal said he believes it's going to come in at 2.9%. So, is this is this report actually meaningful if it comes in in line or even cooler.Is the jobs report really the big show when it comes to fed rate cuts. No, this is very, very important because as you said, the setup at the moment is that we have a slowing labor market which Chris Waller talked about yesterday in Miami. Chris Waller even had a footnote in his speech where h ...