#OtavioTaviCosta Of #Crescat Capital: FOMC: '[Several Participants Noted: If Labor Demand Were To Weaken Substantially, The Labor Market Could Transition Quickly From A Gradual Easing To A More Abrupt Downshift In Conditions.]' Costa: "Own Hard Assets"

Otavio (Tavi) Costa on LinkedIn: Very interesting sentence from the FOMC minutes: “Several participants… | 19 comments

Very interesting sentence from the FOMC minutes: “Several participants noted the risk that, if labor demand were to weaken substantially further, the labor… | 19 comments on LinkedIn

LinkedInOtavio (Tavi) Costa

"Very interesting sentence from the FOMC minutes:

'Several participants noted the risk that, if labor demand were to weaken substantially further, the labor market could transition quickly from a gradual easing to a more abrupt downshift in conditions.'

If the labor market deteriorates further, none of us will own enough hard assets."