As the economy goes, so, too, goes job creation.
More Quotes from Richard Yamarone:
The Fed may pause ... but I think that would be a mistake. With the economy advancing at such a torrid pace, the Fed can afford to err on the side of overdoing it. ... The mistake would be to refrain from combating inflation pressures.Richard Yamarone
The labor market is very healthy. The most important economic indicator for the average person is their job. As long as people are working, they're earning and that's offsetting a great deal of the pain from record prices at the pump.
Richard Yamarone
I can't see the state of job creation changing for the better anytime soon.
Richard Yamarone
It's not all roses in the labor market. I think the worst is behind us, but we're more likely to have flat, or sideways, movements in job creation for the next year, year and a half.
Richard Yamarone
There are a number of things weighing heavily on corporate decision making. They're hesitant to go forward with anything above the bare necessity to keep their business profitable.
Richard Yamarone
The big problem now is what does the Fed do with this. How does the Fed take the foot off the brake when you have stellar job creation and signs of increasing inflation
Richard Yamarone
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