Kevin Hassett

I'm not in a position to be inheriting any classic cars.

You?

Look at the impact of oil price shocks on core inflation.

And the history of it is that they're temporary.

They don't lead to lasting inflation that people see through it.

My advice to the Fed is watch the numbers, because what you're going to see is that with a big supply side boom, that you could have high growth without having runaway inflation.

It's not a Phillips curve event at all.

We've got

high wage growth and native-born Americans are rushing into the labor market in droves.

We really love going through the Bloomberg data and we have this thing that I like to look at which is the probability distribution of all the forecasts for the jobs number before it comes out.

I saw that the very, very top person was low by about 40,000 jobs which shows that the Trump economy is surprising Wall Street analysts.

Look at the impact of oil price shocks on core inflation.

And the history of it is that they're temporary.

They don't lead to lasting inflation that people see through it.

My advice to the Fed is watch the numbers, because what you're going to see is that with a big supply side boom, that you could have high growth without having runaway inflation.

It's not a Phillips curve event at all.

high wage growth and native born Americans are rushing into the labor market in droves.

We really love going through the Bloomberg data and we have this thing that I like to look at, which is the probability distribution of all the forecasts for the jobs number before it comes out.

I saw that the very, very top person was low by about 40,000 jobs, which shows that the Trump economy is surprising Wall Street analysts.

Look at the impact of oil price shocks on core inflation.