Feelings. I apologize sincerely for this d very sorry. Displays of contrition. But somehow i want to say that. Yes all. The. Admissions of guilt ill be had without any woody allens religious freedom from. Televised to audiences of hundreds of millions of people across china and beyond. Since at least 2013 chinese authorities have subjected dozens of alleged Rule Breakers to this kind of treatment. The televised confessions are regularly presented as interviews and embed it in news programs review high lead the country in 2004 some reports like this one featuring swedish citizen wayman high also repackaged for audiences outside china i got quietly a sense that he had been tortured for example when he when he was detained. Its a serious allegation. But quasars business associate lamb winkie says she too confessed under jurists we are more of a. More open. Water of old. Age you know where youre going 35 as ill be going your door like that. They put me in this chair and lock me in it and t
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 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 dont think this changes the fe
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