What the U.S. May Jobs Report Means for the Fed and Markets

The transcript discusses market expectations for a Fed rate cut, influenced by a bull steepening curve. It examines the impact of trade conflicts on investment and questions whether rate cuts and tariffs can stabilize the economy. Employment trends are analyzed, highlighting weak hiring and seasonal adjustments. The Fed's response to these trends is considered, with a forecast of declining job growth by year-end.

What historical data does the speaker suggest the Fed should consider when evaluating economic conditions?

What is the speaker's forecast for job growth by the end of the year, and what does this imply?