Market. We begin with the big issue, a solid job report clouding the feds next move. Looks like rate cuts are off the table. It is hard for them to say, we are still going to cut. When i look at these numbers i keep going, why, why cant we wait . Maybe the trade war is not weighing on the outlook as much as we feared. I think you will have to reprice to a certain degree less than three cuts. The good jobs data report pulls people back wondering what the fed will do. The fed is in preemptive mode. Does the fed to get in front of the eightball or behind the eight ball . It comes down to the discussion, do they want to make insurance cuts . What are we ensuring ourselves against . Jonathan to discuss, we have peter tchir, iain stealey, and noelle corum of invesco. I want to begin with you. It is the number one question following the payrolls report. What does the jobs number on july 5 mean for the fed meeting on july 31 . Noelle no doubt, the payrolls number was strong across the board bu
Solid job report clouding the feds next move. Looks like rate cuts are off the table. It is hard for them to say, we are still going to cut. When i look at these numbers i keep going, why, why cant we wait . Maybe the trade war is not weighing on the outlook as much as we feared. I think you will have to reprice to a certain degree less than three cuts. The good jobs data report pulls people back wondering what the fed will do. The fed is in preemptive mode. Does the fed to get in front of the eightball or behind the eight ball . It comes down to the discussion, do they want to make insurance cuts . What are we ensuring ourselves against . Jonathan to discuss, we have peter tchir, iain stealey, and noelle corum of invesco. I want to begin with you. It is the number one question following the payrolls report. What does the jobs number on july 5 mean for the fed meeting on july 31 . Noelle no doubt, the payrolls number was strong across the board but we dont think it means much. We think
I keep going, why why cant we , wait . Maybe the trade war is not weighing on the outlook as much as we feared. I think you will have to reprice to a certain degree less than three cuts. The good jobs data report pulls people back wondering what the fed will do. The fed is in preemptive mode. Does the fed to get in front of the eightball or behind the eight ball . It comes down to the discussion, do they want to make insurance cuts . What are we ensuring ourselves against . Jonathan to discuss, we have peter tchir, iain stealey, and noelle corum of invesco. I want to begin with you. It is the number one question following the payrolls report. What does the jobs number on july 5 mean for the fed meeting on july 31 . Noelle no doubt, the payrolls number was strong across the board but we dont think it means much. We think it definitely reduces the likelihood of 50 bps cut, which is priced in going into payrolls. In terms of the fed, communication will be key. They will either have to del
When i see these numbers, i keep going, why, why cant we wait . Maybe the trade war is not weighing on the outlook as much as we feared. I think you will have to reprice to a certain degree less than three cuts. The good jobs data report pulls people back wondering what the fed will do. The fed is in preemptive mode. Does the fed to get in front of the eightball or behind the eight ball . It comes down to the discussion, do they want to make insurance cuts . What are we ensuring ourselves against . Jonathan to discuss, we have peter tchir, iain stealey, and noelle corum of invesco. I want to begin with you. It is the number one question following the payrolls report. What does the jobs number on july 5 mean for the fed meeting on july 31 . Noelle no doubt, the payrolls number was strong across the board but we dont think it means much. We think it definitely reduces the likelihood of 50 bps cut, which is priced in going into payrolls. But in terms of the fed, communication will be key.
I keep going, why cant we wait . Maybe the trade war is not weighing on the outlook as much as we feared. I think you will have to reprice to a certain degree less than three cuts. The fed is in preemptive mode. Does the fed get behind or in front of the eight ball . It comes down to the discussion, do they want to make insurance cuts . What are we ensuring ourselves against . Jonathan to discuss, we have peter tchir, iain stealey, and noelle corum of invesco. It is the number one question following the payrolls report. What does the jobs number on july 5 mean for the fed meeting on july 31 . Noelle no doubt, the payrolls number was strong across the board but we dont think it means much. Definitely reduces the likelihood of 50 bps cut, priced in going into payrolls. In terms of the fed, communication will be key. They will either have to deliver a cut with markets that are doing well, but powell seemed to write that off in the q a section of the june meeting. Or they will have to say