Justin Lahart

speaker
1,185 appearances 22 recordings 1 series first heard Jul 2017 last heard Dec 2024

Justin Lahart’s voice in public audio — every appearance, attributed to the second.

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And it's just because people are so used to having only so much inflation that if you try to charge them more, they're going to think that you're ripping them off and they're just going to turn away. voice-verified
Thank you. voice-verified
Yeah, I think that's what most people expect.
That's not necessarily what's baked in.
Right.
People are always hedging against risk.
They're thinking about, you know, what well, what would be the bad thing that can happen?
You know, one bad thing I think for the market would be for Democrats to sweep, not just because that could put more pressure on President Trump and, you know, create sort of, you know, political turmoil there.
Yeah, yeah.
And there's also a concern that among some investors that there would be more of a chance of increased infrastructure spending, which would create a deficit problem.
And then also on a Republican sweep, maybe equity investors would probably like that if there were prospects of some sort of
additional tax cut.
But in the treasury market, they wouldn't like that.
They might not like that because, again, we have this fiscal problem.
Yeah, there's not that much that is going to really change, it doesn't seem to be, with the election.
So let's just look at what's going on.
So we have the unemployment rate is 3.7%.
It's creating wage inflation.
And the Federal Reserve is raising rates.
And that is not going to stop.
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