The Humor Behind Economic Rules

In this episode of The Rate Guy Podcast, we dive into the concept of the "JP Rule"—the idea that, given enough time, JP is always right—and compare it to the established Sahm and Taylor economic rules. We also cover one of the most significant economic weeks in recent memory, possibly since the Fed began hiking rates. There’s a lot to discuss this week, including the potential number of rate cuts this year and the factors that could influence them. We'll explore the chaos that erupted after the latest jobs report, the implications of the Sahm Rule being triggered, and the importance of the Quits, Layoffs, and Labor Supply report. Tune in to find out why these issues deserve your attention.