Labor Pains and Opportunities
I joined Guy Adami and Dan Nathan to discuss the Fed’s current predicament. We talk about whether the strong jobs numbers on Friday give them continued cover for aggressive rate hikes. What will the upcoming earnings season look like and what does that mean for the broader markets? And what would a Fed-induced recession mean for multiples and valuations?
Then, I sit down with Ian Siegel, co-founder and CEO of ZipRecruiter (ZIP). Ian takes me through the founding of ZipRecruiter, the rapid growth of the company, the journey to a direct listing IPO and some predictions on where his industry goes next.
It’s a fascinating conversation because of ZipRecruiter’s front-row seat of the push and pull between employers, employees and wages. Ian and I get to discuss the changes brought on by the pandemic, what changes could be permanent, and debate where employee leverage, wages, and the economy may go next. Enjoy:
Peter is the Chief Investment Officer at Bleakley Advisory Group and is a CNBC contributor. Each day The Boock Report provides summaries and commentary on the macro data and news that matter, with analysis of what it all means and how it fits together.