they ve been saying all along. this is a goldilocks report. goldilocks job report. businesses have not lost confidence. powell s famous words, he is not sure if it is dead 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 mama and he joins us from oppenheimer funds. do you agree with all of that, is this a goldilocks job report? absolutely, it s been a goldilocks environment for quite a bit. of that is relatively straightforward. lack of inflation. inflation,we have no whether rage inflation or other sources, that
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
inflation pressures remain pretty subdued. goldilocks job report. goldilocks job report. we are threading the needle. businesses have not lost confidence. chairman powell s famous 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. happen. very little risk of wage inflation. huge growth when you look at 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 inflation. as long as we have no inflation, wheth
goldilocks jobs report and u.s. payrolls bouncing back despite businesses have not lost confidence. chairman powell s famous words, he is not sure if it is dead 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. head of global bonds appeared in fixed head of global bonds appeared in fixed the driver of that is relatively straightforward. lack of inflation. as long as we have no inflation, whether wage inflation or other sources, that is how things will be. jonathan: robert? robert: inflation is moderate, pce has been coming in solidly 1.6, 1.7 the last few , mont
they ve been saying all along. inflation pressures remain pretty subdued. this is a goldilocks 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. this is confirmation of that. 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 shift 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 chief investment strategist. scott kimball joins us. 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