Cumberland's Eisenbeis Sees No Reason for Fed to Hike Now

The transcript discusses the economic conditions influencing potential rate increases, highlighting weak job numbers and GDP performance. It includes insights from a press conference with Janet Yellen, focusing on labor compensation and inflation. The discussion also covers forecasts and concerns about financial markets, questioning the necessity of a rate hike given current conditions.

What does the speaker imply about the future of labor compensation?

What concerns does the speaker express regarding the financial markets?