Ven Ram expects 85k jobs, but sees the whisper number at 100k. He believes the economy is resilient and the Fed may need to raise rates eventually. He warns that Nasdaq 100 valuations are unsustainable (half the basket at 30x+ PE) and that AI mania could reverse after major IPOs if CapEx is revised lower.

Veronica Clark sees the labor market as stable but fragile, with low hiring rates that could push unemployment higher in summer. She expects the Fed cannot cut rates soon due to inflation risks, but later in the year weakness could allow cuts. She is more concerned about an AI-driven equity correction than job losses from AI.