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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Appearances
Yeah, absolutely.
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Right, right.
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And again, it seems fairly accommodative.
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Rates are still pretty low.
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So they probably feel like they have some room to go.
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And right now we have a 3.8 unemployment rate.
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It seems okay with wages and stuff like that.
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Well, maybe if you have 3.8 for a year, then wages start going up a lot more and inflation starts going up a lot more.
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The fact is, though, is that the economy keeps on making jobs.
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So, you know, maybe at the end of the year, you're at 3-2, right?
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And that's kind of, you know, sort of an amazing place to be.
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And, you know, we don't know what wages would do then, right?
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And, you know, again, we kind of want wages to go up, right?
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That's good for everybody.
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But the concern is that when you see wages go up, there's other things going on in the economy that can make inflation happen.
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Thank you.
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Yeah, so the data are a little bit different.
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When you look at S&P 500 companies, right, that is profits, you know, earned all over the place for these big companies, right?
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So they're multinationals, they make money in Europe, they make money in Asia, and they make most of their money here, but still, they make a lot of money overseas.
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There are also, you know, another thing that happens with these S&P 500 companies is,
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