Labor Market to Remain “Tight” for Longer!
Sam Burns, founder of Mill Street Research, LLC sits down with Blake Morrow to discuss many topics that will continue to drive the markets.
Sam believes that we will continue to see #inflation drift lower back to where the US economy was at pre pandemic, unlike many economists believing that we will see further upside pressure. Which will give the FOMC flexibility to cut rates if the economy slows down at a fast pace than they expect.
Sam also believes the US housing market is at a standstill as homeowners are not willing to let their homes go as rates are too high, and buyers are waiting for rates to go back down.
Sam also believes the jobs market will stay tighter for longer and a recession may come at the second half of 2023.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Sam_Burns #LaborMarket
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