DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Jeremy Szafron, Anchor at Kitco News, interviews Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors. In this in-depth discussion, Claudia Sahm sheds light on the current state of the U.S. economy, explaining why despite the Sahm Rule being triggered, she believes we are not yet in a recession. Sahm discusses the complexities of the labor market, consumer spending, and the Federal Reserve’s policy decisions. She provides critical insights into why the unemployment rate is rising, the potential impact of increased labor force participation, and what the Fed should do to avoid an unnecessary recession.
Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Claudia Sahm on X: @Claudia_Sahm (https://twitter.com/Claudia_Sahm)
00:00 – Introduction
02:00 – Welcoming Claudia Sahm
03:30 – Explaining the Sahm Rule
05:45 – Why the Sahm Rule Triggered but No Recession Yet
08:20 – The Role of Consumer Spending and Income
11:15 – Labor Market Dynamics and Unemployment
14:00 – Impact of Increased Labor Force Participation
17:25 – Federal Reserve’s Policy Decisions
20:10 – Risks of an Unnecessary Recession
23:00 – Future Economic Projections
26:40 – Closing Thoughts
#KitcoNews, #JeremySzafron, #ClaudiaSahm, #USEconomy, #Recession2024, #EconomicOutlook, #FederalReserve, #SahmRule, #Unemployment, #GDPGrowth, #EconomicIndicators, #LaborMarket, #ConsumerSpending, #RateCuts, #FinancialMarkets, #MarketAnalysis, #EconomicPolicy, #EconomicForecast, #Inflation, #FiscalPolicy, #MonetaryPolicy, #InterestRates, #Economist, #FinanceNews, #MarketTrends, #Investment, #EconomicTrends, #StockMarket, #FinancialNews
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets – visit us at https://www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP – https://applications.kitco.com
Stay connected:
Twitter – https://twitter.com/kitconewsnow
Instagram – https://www.instagram.com/kitconews
Facebook – https://www.facebook.com/KitcoNews
LinkedIn – https://www.linkedin.com/company/kitconews
StockTwits – https://stocktwits.com/kitconews
Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
