MSNBCW MSNBC Live With Velshi And Ruhle June 7, 2019
Forecasting a slowdown for a few months now. That may force the Federal Reserve to cut Interest Rates maybe as soon as july. And that is why the stock market is higher anticipating that the fed will cut rates in july and try and shore things up. Its a little convoluted in the logic, but that seems to be whats going on today. Given that were at full employment, does it surprise you that wages arent going up . Nobody wants to give people raises, but when you need to hire people, you need to sweeten the pot. Usually when its this strong, you have to raise wages to draw people to your jobs. But th...