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Melson: Recession Risks Continue to Be in the Picture
Manage episode 481177950 series 3645668
"Under the surface, you're certainly seeing signs of cooling," says Garrett Melson. He joins Nicole Petallides to discuss the current state of the U.S. economy as investors await further action from the Fed amid an ongoing international trade dispute spurred on by Pres. Trump's tariff policy plans. Garrett points to softening wage growth as just one indicator that could lead to "pretty tepid growth" in the months to come. For today's Fed meeting, he doesn't expect much in Jerome Powell's rhetoric to change, adding the central bank is on hold at the moment.
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4447 episodes
Manage episode 481177950 series 3645668
"Under the surface, you're certainly seeing signs of cooling," says Garrett Melson. He joins Nicole Petallides to discuss the current state of the U.S. economy as investors await further action from the Fed amid an ongoing international trade dispute spurred on by Pres. Trump's tariff policy plans. Garrett points to softening wage growth as just one indicator that could lead to "pretty tepid growth" in the months to come. For today's Fed meeting, he doesn't expect much in Jerome Powell's rhetoric to change, adding the central bank is on hold at the moment.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
4447 episodes
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