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
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
To the influence of powerful interest groups. Calling me a lobbyist is a mean spirited allegation look. At you is now negotiating a new multiyear budget will it include farm policies that do more to protect the environment. And. Farm fields as far as the eye can see this land all 2600 hectares of it belongs to one of germanys largest farming businesses agro berta. Weve come here to talk to the companys managing director or bun huge. Its a successful enterprise optimized for efficiency and production but units doesnt seem to be truly happy in his work. So this one with a lot of it its not farming in the traditional sense we use the latest technology and our productivity is extremely high but theres always pressure to do more. But a good one produces 10000 tons of potatoes a year for a company in payment that makes french fries they grow only one kind of potato here and they have to be as large as possible. Like most farms burdekin uses fertilizers and pesticides to keep by they also rec
Interest groups. As only shows calling me a lobbyist is a mean spirited allegation that look. You know is now negotiating a new multiyear budget will it include farm policies that do more to protect the environment. Of. Farm fields as far as the eye can see this land all 2600 hectares of it belongs to one of germanys largest farming businesses agro bird. Weve come here to talk to the companies managing director or bun huge. Its a successful enterprise optimized for efficiency and production but units doesnt seem to be truly happy in his work. So this one with a lot of its not farming in the traditional sense we use the latest technology and our productivity is extremely high but theres always pressure to do more. Better govern produces 10000. 00 tons of potatoes a year for a company in payment that makes french fries they grow only 1. 00 kind of potato here and they have to be as large as possible. Like most farms burdock only uses fertilizers and pesticides to keep meal time they also