Looking for. It is reasonable to expect the fed to kind of be on hold. The front end of the curve is selling up more than the back. The market is saying the fed pause is warranted. It is probably going to remain on pause for a good portion of next year. Jonathan joining me around the table in new york, gershon distenfeld, priya misra, and krishna memani. Priya, lets begin with you. What a payrolls report. Priya a good report, no way to look around it. When we take out the gm numbers, still a solid number. But i have to highlight, caution a little bit. The labor market is a lagging indicator. Is Global Growth for sure bottoming . There are some signs that it may be. Is it about to surge ahead . I am skeptical. We are not getting stimulus out of china, europe. In our view, Global Growth probably muddles around. The trade uncertainty, we are so hung up on this trade deal. I dont know even if we get the phase one deal, which is not guaranteed, the fact that the president threatened tariffs
It is reasonable to expect the fed to kind of be on hold. The front end of the curve is selling up more than the back. The front end is really attractive. The market is saying the fed pause is warranted. It is probably going to remain on pause for a good portion of next year. Jonathan joining me around the table in new york, gershon distenfeld, priya misra, and krishna memani. Priya, lets begin with you. What a payrolls report. Your thoughts . Priya a good report, no way to look around it. When we take out the gm numbers, still a solid number. But i have to highlight caution a little bit. The labor market is a lagging indicator. Is Global Growth for sure bottoming . There are some signs that it may be. Is it about to surge ahead . I am skeptical. We are not getting stimulus out of china, europe. In our view, Global Growth probably muddles around. The trade uncertainty, we are so hung up on this trade deal. I dont know even if we get the phase one deal, which is not guaranteed, the fact
The fed is going nowhere. It is reasonable to expect the fed to kind of be on hold. The front end of the curve is selling off more than the backend. The market is saying the fed pause is warranted. The fed is doing nothing. It is probably going to remain on pause for a good portion of next year. Jonathan joining me around the table in new york, gershon distenfeld, priya misra, and krishna memani. Priya, lets begin with you. What a payrolls report. Priya a good report, no way to look around it. When we take out the gm numbers, still a solid number. But i have to highlight caution a little bit. The labor market is a lagging indicator. Lets look at the fundamentals. Is Global Growth for sure bottoming . There are some signs that it may be. Is it about to surge ahead . I am skeptical. We are not getting stimulus out of china, europe. In our view, Global Growth probably models along. The trade uncertainty, we are so hung up on this trade deal. Know the phase one deal, which is not guarantee
This endorses the fed. Exactly what the fed is looking for. It is reasonable to expect the fed to kind of be on hold. The front end of the curve is selling up more than the back. The market is saying the fed pause is warranted. It is probably going to remain on pause for a good portion of next year. Jonathan joining me around the table in new york, gershon distenfeld, priya misra, and krishna memani. Priya, lets begin with you. What a payrolls report. Priya a good report, no way to look around it. When we take out the gm numbers, still a solid number. But i have to highlight, caution a little bit. The labor market is a lagging indicator. Is Global Growth for sure bottoming . There are some signs that it may be. Is it about to surge ahead . I am skeptical. We are not getting stimulus out of china, europe. In our view, Global Growth probably muddles around. The trade uncertainty, we are so hung up on this trade deal. I dont know even if we get the phase one deal, which is not guaranteed,
This was a pretty strong report. This endorses the fed pols. Exactly what the fed is looking for. It is reasonable to expect the fed to kind of be on hold. The front end of the curve is selling up more than the backend. The market is saying the fed cause is warranted. It is probably going to remain on pause for a good portion of next year. Jonathan joining me around the table in new york, gershon distenfeld, priya misra, and krishna memani. Priya, lets begin with you. What a payrolls report. Priya a good report, no way to look around it. When we check out the gm numbers, still a solid number. But i have to highlight caution a little bit. The labor market is a lagging indicator. His Global Growth for sure bottoming . There are some signs that it may be. Is it about to surge ahead . I am skeptical. We are not getting stimulus out of china, europe. Growth,iew, global probably models around. The trade uncertainty, we are so hung up on this trade deal. Dont know even if we get the phase one