Economist Swonk Sees Slower Pace of Fed Hikes in 2019, Recession in 2020

The video discusses the current economic climate, focusing on job report volatility, Federal Reserve actions, and interest rate expectations. It highlights the impact of interest rates on the housing market and economic sensitivity, particularly for millennials. The trade war's effects on the global economy and uncertainties are examined, along with the implications of fluctuating oil prices. The discussion provides insights into potential economic slowdowns and the factors influencing them.

What was one of the reasons for the recent volatility in job reports?

• A sudden increase in inflation

• An unexpected rise in interest rates

• Hurricanes disrupting employment gains

• A decrease in consumer spending

What is a significant factor affecting the housing market according to the transcript?

• Increased government subsidies

• Decreasing construction costs

• High levels of student debt among millennials

• Rising unemployment rates

What is one of the challenges faced by millennials in the housing market?

• Lack of available housing

• Increased property taxes

• High interest rates

• Low entry-level wages

What is a potential consequence of the trade war mentioned in the transcript?

• Lower oil prices

• A toll on global growth

• A stronger US dollar

• Increased global cooperation

How have oil prices affected the US economy according to the transcript?

• They have led to increased consumer spending

• They have caused a decline in the fracking industry

• They have created uncertainty for companies

• They have stabilized the housing market