The Jobs Mosaic

This article, while nominally titled “Notes on the Week Ahead”, usually detours almost immediately into other issues. However, since we’ve entered what Chairman Warsh describes as an “information-rich” period, it is worth taking a look at just what markets are likely to learn fro ...  Show more

The housing market is haunted. It’s haunted by the legacy of too-easy monetary policy for well over a decade which allowed prices to vault higher in the post-pandemic boom. It’s haunted by tariffs and immigration policies that are simultaneously raising the cost of home-building ...  Show more

When announcing interest rate cuts earlier this month, Federal Reserve Chair Jerome Powell expressed concerns about the labor market, following major downward revisions to job growth data. But is the US Employment picture as bleak as the Fed sees it? Markets get a clearer view on ...  Show more

The Federal Reserve stands at a crossroads, poised to make its most consequential decision in years. Will rate cuts deliver the economic jolt everyone's hoping for, or are we in for a bumpier ride? Join TCW's David Vick as he sits down with Global Rates experts Jamie Patton an ...

There’s a dichotomy between the pace of job growth and the unemployment rate. Our Chief U.S. Economist Michael Gapen and Global Head of Macro Strategy Matthew Hornbach analyze how the Fed might address this paradox.Read more insights from Morgan Stanley.----- Transcript -----Matt ...  Show more