Boxes. It does not change any expectations about economic prospects. The trends will continue. We are now we were before the employment report. Wage growth may be a little slower but it is still right around 3 . We are in an extended period of exceptional mediocrity. And economy slowing gradually. We are stuck for the time being. Jonathan joining us around the table is priya misra, George Rusnak and gershon distenfeld. Can we begin with that quote from mike collins. A period of extended mediocrity. Are we . Priya the labor report is a little weak, but in our view, it is a lagging indicator. Thatstruck by the fact aggregating income continues to accelerate. If we hang our hat on the consumer, that is the engine of growth. We are in a mediocrity aspect, but if there is no engine of growth i dont think this changes the fed the fed is on , hold. We need something here to boost growth. That is not coming from the labor market. I think this year will be a little difficult. We are going to be
Different things in it. Moderating but still good economy. Pretty good given where we are in the business cycle. It still checks a lot of boxes. It does not change any expectations about economic prospects. The trends will continue. We are now we were before the employment report. Wage growth may be a little slower, but it is still right around 3 . We are in an extended period of exceptional mediocrity. An economy thats slowing gradually. We are stuck in this world for the time being, but maybe its not a bad world. Jonathan joining us around the table is priya misra, George Rusnak and gershon distenfeld. Can we begin with that quote from mike collins. A period of extended mediocrity. Are we . Priya the labor report is a little weak, but in our view, it is a lagging indicator. I am struck by the fact that aggregating income continues to accelerate. If we hang our hat on the consumer, that is the engine of growth. We are in this mediocrity aspect, but if there is no engine of growth i do
Are in the business cycle. A pretty solid report that still checks a lot of boxes. It does not change any expectations about economic prospects. The trends will continue. We are now we were before the employment report. In terms of those expectations. Wage growth may be a little slower, but it is still right around 3 . Which is where we have been. We are in an extended period of exceptional mediocrity. An economy thats slowing gradually. We are stuck in this world for the time being, but maybe its not a bad world. Jonathan joining us around the table is priya misra, George Rusnak and gershon distenfeld. Can we begin with that quote from a good friend of this program, mike collins . A period of extended mediocrity. Are we . Priya the labor report is a little weak, but in our view, it is a lagging indicator. I am still struck by the fact that aggregating income continues to accelerate. If we hang our hat on the consumer that is supposed to continue to spend, where is the engine of growth
Are in the business cycle. It still checks a lot of boxes. It does not change any expectations about economic prospects. The trends will continue. We are now we were before the employment report. Wage growth may be a little slower but it is still right around 3 . We are in an extended period of exceptional mediocrity. We are stuck for the time being. Jonathan joining us on the table is priya misra, George Rusnak and gershon distenfeld. Can we begin with that quote from mike collins. Extended mediocrity. Are we . Is a the labor report lagging indicator. Im struck by the fact it continues to accelerate. If we hang our hat on the consumer, that is the engine of growth. We are in a mediocrity aspect, but if there is no engine of growth, the fed is on hold. We need something here to boost growth. That is not coming from the labor market. We are going to be in this narrow range. We have to stay in that range because this was not enough to move the needle. It is not giving me a lot of comfort
Your opinion. 202 7488000, that is our line for democrats. 202 7488001 for republicans, and we have a line for independents, 202 7488002. Send us a text message at 202 7488003. Be sure to tell us your first name and where you are texting from, or join us on facebook at facebook. Com cspan, or send us a tweet at cspanwj. On newsmakers, we will have representative joh John Yarmouth of iowa. This headline first from foxnews. Com, the president capturing the vote as an impeachment referendum. From the timesfrom the times Governor John Bel Edwards winning in a heavily republican area. Area. Results from louisiana. Your reaction. Caller well, it is just sort of another what has been a pretty terrible week here for the president. Has had a longtime confidant convicted of all seven counts of lying on friday. He has had a series of people coming forward to the impeachment inquiry, testifying anut what they consider improper Pressure Campaign to get ukraine to investigate the have somed now you