Last week's blog looked at the synopsis: "The Fed Cannot Fix Unemployment". So to follow up, this week we ask: "Do we even have an Unemployment Problem?" The Fed continues to defend their policy of artificially low interest rates due to weak employment and low inflation.
However, the Investment Committee argues that our labor market is not as weak as the Fed preaches, and we believe that wage increases are coming. We look into these synopsis' to see what really matters.
Read the full article HERE from our friends at Global Financial Private Capital.