Risk of Economic 'Break' Higher Than Inflation: PGIM

The video discusses the current market conditions, highlighting a deceleration in metrics like payroll employment and hours worked. It examines wage trends in the leisure and hospitality sector, noting a significant decrease from previous highs. The Federal Reserve's risk management strategy is also analyzed, focusing on the balance between controlling inflation and avoiding economic disruptions.

What is the percentage decrease in total payroll employment and hours worked from their peak?

• 0.5%

• 2.5%

• 3.5%

• 1.5%

How have leisure and hospitality wages changed from a year and a half ago?

• Increased from 10% to 20%

• Remained constant at 10%

• Decreased from 15% to 5%

• Increased from 5% to 15%

What is the current trend in leisure and hospitality wages compared to pre-pandemic levels?

• They have already returned to pre-pandemic levels

• They are expected to fall below pre-pandemic levels

• They are expected to return to pre-pandemic levels

• They are likely to remain above pre-pandemic levels

What is the Federal Reserve's main focus in an inflationary environment?

• Reducing interest rates

• Increasing employment

• Boosting exports

• Risk management

According to the discussion, which risk is currently higher for the Federal Reserve?

• Deflation

• Economic breakdown

• Runaway inflation

• Currency devaluation