Strategist: Oil price shocks combined with weak employment put the Federal Reserve in a dilemma

Golden Ten Data reported on March 6 that Seema Shah, Chief Global Strategist at Principal Asset Management, has issued a warning that these employment data are pushing the US economy into the realm of stagflation. The cooling of the job market signals rising economic risks, but it will also open the door for interest rate cuts, especially as recent oil price shocks have made this year's monetary easing expectations more complicated. She stated: "The stagflationary tendencies emerging in the macro environment are a worrying development for markets already dealing with an unusually volatile array of negative factors."