the unemployment rate ticking up for a fourth straight month to 4.6%. Joining me now, Muhammad Alerian, Alian's chief economic advisor. And Muhammad, the listen, I'm having a little bit of trouble with this jobs report.I don't know about you, just in terms of getting that clear picture of what is really going on. >> So, we should really look through this report. >> Okay.>> There are so many distortions and I think Sher Pal was absolutely right when he said we shouldn't take anything out of it. But if you pu ...

US job growth remained sluggish in November and the unemployment rate rose, pointing to a continued cooling in the labor market after a particularly weak October. https://t.co/UQNjcRZhCc ...

Chair Powell, there's been some discussion recently of the 1990s. In the 1990s, the committee did two discrete sequences of three quarter point cuts. One in 199596 and one in 1998.And after both of those, the next move in rates was up, not down. With policy now closer to neutral, is it a foregone conclusion that the next move in rates is down or should we think of policy risks as genuinely two-sided from here. >> So, I don't think that um a a rate hike is anybody's base as the next thing is anybody's base c ...

IN YIELD, MAYBE THAT DOES LOOSEN THINGS UP A LITTLE BIT. ALTHOUGH I WASN'T PARTICULARLY ALARMED AT THE LEVEL THAT LONG TERM YIELDS HAD GOTTEN TO IN THIS RUN. >> ALL RIGHT, MICHAEL SANTOLI, MICHAEL, THANK YOU VERY MUCH. ALL RIGHT.LET'S GO BACNOW TO OUR PANEL. WE GOT JIM FRANCIS AND DAVID FRANCIS, I WANT TO GO TO YOU BECAUSE LET'S TALK ABOUT THE JOB MARKET. AND I'M GOING TO COMPARE THE LAST MEETING MINUTES AND YOU'LL FORGIVE ME I GOT TO LOOK DOWN AND READ IT.HERE'S WHAT THEY SAID AT THE LAST MEETING MINUTES A ...

Bloomberg reports that Kevin Hasset has emerged as the front runner to be the next Fed Fed chair uh uh to replace J. Pal. Joining me now is Stephanie Roth, Wolf Research chief economist.Stephanie, it's good to see you. You like all of us, you're thinking about 2026. You're trying to figure out what the picture is going to look like here and you guys are looking for kind of trend growth if I'm not mistaken in terms of GDP for 2026.So, how do you think that's going to play out. >> Yeah. Yeah.So, I mean, it sh ...

Federal Reserve (The Fed) & Interest Rates - A potential hawkish rate cut in December is considered, driven by core PCE expectations around 310% and unemployment nearing 450% [2][3] - The impact of a 25 basis points rate cut is questioned regarding its effectiveness on the S&P 500 and overall market stimulus [4] - The market is less convinced about further rate cuts into next year until a more dovish Fed stance is observed [3][4] Private Credit Market - Vintage risk in private credit deals from 2021-2022, impacted by poor valuations and changing rate environments, is a key concern for the coming year [6] - The conversation around private credit involves both potential losses/defaults and liquidity issues, with some investors misunderstanding the liquidity of these structures [7] - Default rates in private credit have remained relatively low, averaging between 200% and 350%, depending on the source [11] - More frequent marks, specifically monthly marks, are becoming more common in the private credit market, revealing divergence among different managers [11] - Aggregate credit quality has held up, but concerns around marks and liquidity are more significant questions [12] Economic Indicators & Consumer Credit - Insurance costs and auto/home-related expenses remain high, warranting attention for potential credit quality deterioration [9] - Defaults are expected at the margins, particularly in sectors tied to the lower-income consumer and certain forms of consumer credit [8]

Governor Martin, good morning. Good morning once again. Thanks for being here. Thanks for having me back.We've got to start with the labor market. Your reflections on what we saw yesterday. Does it lean one way or the other.Yeah, I mean, I think the implications of yesterday were obviously dovish. And if anyone was on the fence, I would hope that this would move them in the direction of cutting. I mean, you saw the unemployment rate edged up a bit.You know, you saw some other indicators like an increase in ...

RT Bloomberg Opinion (@opinion)@EconBerger “We saw stronger than expected payrolls gains, but we do have the scarier element of the unemployment rate ticking up,” @JonathanJLevin says.How do we make sense all of this? Tune in for live analysis:https://t.co/IDe2ypIzco ...

Earlier this week, >> it's a vin diagram. >> We had Treasury Secretary Scott Bessen on the show shortly after you did your charts on the affordability crisis. And um let's just say he took exception with your numbers.He brought you up a few times. >> He did. He did.But but I would tell you it's interesting. Uh you agreed with him oh on AI though you disagreed with him on wages in the second term uh of the Trump administration. tell us where you agreed and where you disagreed with uh the Treasury Secretary.> ...

Economic Indicators & Sentiment - Youth unemployment rate is at 92% [2] - Consumer sentiment is at its lowest recorded level [2] - Average home buyer age is 59, and first-time buyers average 40 [3] - Presidential approval ratings on the economy are worse than in Trump 10% [3] - 62% disapprove of the handling of the economy [4] Wage Trends & Job Market - During Trump 10%, people at the bottom did relatively better in percentage terms due to a hot economy and low unemployment (below 4%) [5][6] - Currently, the job market is weak with minimal job growth [6] - Wage growth for people at the bottom is slower than for those at the top [6] Affordability Crisis - Home affordability is severely declining [3] Policy Impact - The speaker disagrees with the Treasury Secretary's selective interpretation of data [2][4] - The speaker attributes the wage gains during late Trump 10 to running the economy hot, not necessarily Trump's policies [5] - The current economic situation is described as the opposite of Trump 10 [6]