RiskReversal Pod The Numbers Are Not What They Seem...
5 snips
Nov 25, 2025 Liz Thomas, a finance professional and market strategist at SoFi, joins Guy Adami for an insightful discussion on current financial trends. They delve into the recent S&P 500 rally linked to optimistic job numbers and potential Fed rate cuts. Liz explains how rising labor force participation can impact unemployment figures. They analyze economic stress signals like increasing delinquencies and explore sector-specific opportunities, particularly in healthcare and biotech. Additionally, the dynamics of the yen carry trade and Bitcoin as a risk indicator are examined.
AI Snips
Chapters
Transcript
Episode notes
Thanksgiving Football Mention
- Liz Thomas mentions the Packers playing the Lions on Thanksgiving and hopes it's not the early game.
- This personal aside lightens the episode and anchors timing for listeners.
Market Rally Fueled By Fed Cut Odds
- The S&P 500 rallied ~200 points after mixed jobs data and renewed odds of a December Fed cut.
- Markets interpreted higher unemployment and added jobs as Fed cover for easing, not a clear slowdown.
Unemployment Rate Can Mislead
- A rising unemployment rate can reflect more people re-entering the labor force, not just job losses.
- That nuance makes headline unemployment moves misleading for policy and market interpretation.