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The Strong Jobs Market Lie With Jack Gamble

Lead-Lag Live

00:00

The Markets Are Very Good at Humiliating Everyone Just All at Once, Right?

Jack Gamble: I keep saying markets are very good at humbling everybody just all at once. That it's a different time. So in many ways, you have to humble the overconfident bears here and then do the same thing to the soon-to-be bulls later. And that's how everybody gets screwed. He says he got out of stocks in a big way last year but is still sitting largely in cash right now. "I've noticed inflation hits in a pretty steady pattern."

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