Ep. 122 - Jobs, Inflation & 2024 Rate Cuts | Lending Update Pt. 2

In the final episode of 2023, Quinton Harris and Daniel Halvorsen forecast interest rates for the year ahead and equip you with the tools needed to interpret the markets yourself. They analyze the latest economic data on inflation and jobs, explaining how it impacted markets and rates towards the end of 2023. They also discuss potential for the Fed to orchestrate a "soft landing" for the economy amidst rate cuts in 2024.

[00:00 - 02:27] - Introduction

[02:28 - 04:26] - December inflation numbers

[04:27 - 05:11] - Lag effect from Fed policy

[05:12 - 10:07] - Softening of the labor market

[10:08 - 13:59] - Market reactions to Fed commentary

[14:00 - 16:58] - Is a soft landing possible?

[16:59 - 19:06] - Interest rate predictions

[19:06 - 21:27] - Key indicators to watch

Key Quote:

"Where we are today with interest rates is where we should have been in March of 2023." - Quinton Harris

“We are still 275 basis points above the 10 year, which is about 75 to 100 basis points higher than where rates normally should be.” - Daniel Halvorsen

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