Corrie Driebusch
speaker
416 appearances
8 recordings
1 series
first heard Oct 2018
last heard Oct 2024
Corrie Driebusch’s voice in public audio — every appearance, attributed to the second.
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Appearances
And it was very comforting to stock market investors and traders.
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Yeah.
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I mean, his comments this week said the case for raising rates has weakened somewhat, which, as you mentioned, juxtaposition with this big jobs report is maybe the Fed paid too much attention to the stock market versus the data.
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And that's been a common criticism of the Fed going back
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the past decade since the financial crisis.
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But it's important to note in talking to a lot of economists and analysts and strategists is that even as January's employment numbers look good, the Labor Department did revise its figures for December lower.
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It lowered payroll gains.
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And also the unemployment rate ticked up and the labor force participation rate remains only modestly above multi-decade lows.
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So, I mean, it's not...
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this huge home run that we saw in the jobs report.
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Yes, in large part fueled by the Fed's pretty much 180 from the interpretation of the Fed, completely reversing
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Definitely.
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Every person I spoke with on Friday mentioned the U.S.-China trade talks, and many said that that was their number one concern going forward.
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And that has to do with if anything is going to start really crimping U.S.
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companies and their revenues, it's going to be a continued tariff battle between the two countries.
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I think it's a little soon to tell.
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I think that the market was so focused on the Fed and this jobs report that now we're going to see next week a lot more focusing on these talks.
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And I believe President Trump late Friday mentioned that he was going to update the
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And also, finally, you know, the government shut down.
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Yeah, I think that many people in the market are a little too maybe blasé about the shutdown is over, but it was really just the can was kicked.
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Showing 241–260 of 416 · page 13 of 21
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