Atlanta Fed's Raphael Bostic on Monetary Policy During Extreme Uncertainty

Bullish:

• $EMPSERV - Technological advancements in job searching and hiring processes are making employment services more efficient, potentially leading to growth in this sector.

  • “Now you can sit over lunch on your phone and submit, like, a hundred applications to things. Businesses are using AI type tools to review, resumes, to really be able to pick out the people, and that match happens faster.”

    Raphael·39:49

Bearish:

• $SMBUS - Small businesses are feeling particularly vulnerable to economic pressures, as indicated by survey responses from small business leaders.

  • “We talk to small business leaders. You could see this in our survey responses. They're the ones who are feeling most at risk.”

    Raphael·44:35
• $CONSGDS - Consumer goods companies may face challenges in passing on increased costs to customers, potentially impacting their profit margins.

  • “I think many firms will probably try to pass through costs to the extent they see them. They will learn pretty quickly whether those cost increases are being taken on by customers or being rejected by them.”

    Raphael·19:08