Labor Market to Remain “Tight” for Longer!
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
//SPONSOR – EIGHTCAP ✅ https://www.eightcap.com/en/?cxd=36247_377587
Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.
20230420
