Intellectus Partners Emons Sees Higher Real Wages

The video discusses the current economic climate, focusing on inflation, consumer resilience, and modest price increases. It highlights the impact of these factors on real income and retail sales, with GDP growth tracking at 3.5%. The discussion shifts to interest rate hikes, market expectations, and the potential for a yield curve inversion by next year. The market predicts the Fed funds rate to stabilize around 3.75% by late 2018, with less than 2% for the terminal rate, indicating the end of the current economic cycle.

How does the current inflation trend affect consumer resilience?

What are the implications of modest price increases for consumers according to the discussion?

What is the significance of the GDP number tracking mentioned in the text?

What does the speaker suggest about the future of the Fed funds rate?

What factors contribute to the flattening of the yield curve as discussed?