numbers. we don t have major imbalances. inflation has been muted. we had great job growth. super good job growth. the recovery looks like it has likes to it. it is stable. it is fine. the fed is staying away. we are calling it nirvana. we can cut that opening sequence and play it the next month and next month and it would be relevant. let s bring in the table. long have we been doing this goldilocks the payrolls report. forever. it is getting really old. it is going to change. it will, and i think we are getting close. everything is so crowded it is poised to just jump. this goldilocks for the economy is good for the bond market. everything else i would say so, yes. it will go on for a long time. what i think we will find out if that a lot of the business cycle was a combination of the fed being hyper aggressive in the rate movements and not aggressive enough in tamping down on aggressive lending. jonathan: why can this go on longer than anyone can th
you can t argue with the numbers. inflation has been muted. inflation another wage pressures are modest. really great job growth. the recovery does look like it has legs to it. it is stable, it is fine, the business cycle is in good shape. the headwinds, we are calling it nirvana. cut that opening sequence and play it every month and it would be relevant. let s bring in the guests. kathleen, how long have we been doing this goldilocks business for the payrolls report. forever. it is getting really old. it is going to change. it will, and i think we are getting close. everything is so crowded it is poised to just jump. this goldilocks for the economy is good for the bond market. everything else i would say so, yes. it will go on for a long time. what i think we will find out if that a lot of the business cycle was a combination of the fed being hyper aggressive in the rate movements and not aggressive enough in tamping down on aggressive lending. jonath
we cannot argue with the numbers. inflation has been muted. inflation and wage pressures are modest. really good job growth, super good job growth. it s stable, it is fine. there is no inflation. winds fading. we are calling it nirvana. jonathan: we can play that opening sequence every month in the next months and the next month. our guests. kathleen, how long and we been doing the goldilocks business report? payrolls forever. it is getting really old. it is going to change. it will, and i think we are getting close. everything is so crowded it is poised to just jump. this goldilocks for the economy is good for the bond market. everything else i would say so, yes. it will go on for a long time. what i think we will find out if that a lot of the business cycle was a combination of the fed being hyper aggressive in the rate movements and not aggressive enough in tamping down on aggressive lending. jonathan: why can this go on longer than anyone can think,
pressures. this is a goldilocks report. goldilocks job report. we are threading the needle. businesses have not lost confidence. chairman powell s famous words, he is not sure if it is debt or fake but it is resting. people said, watch the phillips curve. we will be talking about that every month. it will not happen. very little risk of wage inflation. huge growth when you look at education, leisure. that shift is a big deal because that means less inflation, more stable inflation. all of that points to the fact that things are looking good for the u.s. labor market at the moment. jonathan: continuing the conversation, we have robert mcteer. scott kim vaughan joins us from bmo. krishna mamani and he joins us from oppenheimer funds. do you agree with all of that, is this a goldilocks job report? krishna: absolutely, it s been a goldilocks environment for quite a bit. the driver of that is relatively straightforward. lack of inflation. as long as we have no in
they ve been saying all along. inflation pressures remain pretty subdued. goldilocks job report. we are threading the needle. businesses have not lost confidence. chairman powell s famous words, he is not sure if it is debt or fake, but it is resting. people said, watch the phillips curve. we will be talking about that every month. it will not happen. very little risk of wage inflation. huge growth when you look at education, leisure. that shift is a big deal because that means less inflation, more stable inflation. all of that points to the fact that things are looking good for the u.s. labor market at the moment. jonathan: continuing the conversation, we have robert mcteer. scott kim vaughan joins us from bmo. krishna mamani joins us from oppenheimer funds. do you agree with all of that, is this a goldilocks job report? krishna: absolutely, it s been a goldilocks environment for quite a bit. the driver of that is relatively straightforward. lack of inflati