Detailed text transcripts for TV channel - MSNBC - 20170308:16:57:00
>> the jobs report is a lagging indicator. it tells you what happened last month. >> yep, gdp tells you what happened last month. here we have a chart. the bottom line is the economy, coincident data. it's just started to lift off of a low growth rate. >> the top line indicates that's going to continue. >> yes, the top line number one indicates that's going to continue, very important. there's no recession in sight, we could see a couple of quarters, and the inflection point earlier last year before, well before the election was that leading indicator ramping up and it was telling us very clea...