### Comment:
The wage and payrolls figure all point towards a hot economy. We’ve been past full employment for almost a year now. Full employment can only happen temporarily. This should signal to the feds to raise rates.

### REPLY:
In your own words, 'hot economy.' How does a 'hot economy' translate into everything is going to and should continue to collapse?  
  
 Also, raising and lowering the rates has nothing to do with employment numbers.  Independent of everything else, the Fed raises rates as a means to control inflation.  You can have a rising economy, with inflation largely still under control, which is where I'd argue we are.

### END.