The Jacob Shapiro Podcast The Juice Is Already Killing Us
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May 23, 2025 A deep dive into the shifting U.S. markets unveils concerns about fiscal policies and investor confidence. The hosts highlight the fierce biotech rivalry with China, stressing America's waning edge in research and development. They analyze immigrant contributions to U.S. innovation while addressing cultural skepticism toward science. Additionally, discussions on local responses to tech investments illustrate the clash between opportunity and resistance. It's a sobering reflection on the future of both nations in the high-tech arena.
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US Market Shift and Fiscal Constraints
- The US market recently shifted from high volatility to a calmer phase with fiscal constraints becoming evident.
- Despite some market normalization, deficits and rising yields signal ongoing economic challenges ahead.
Limits of US Fiscal Stimulus
- Current US fiscal policy relies heavily on supply-side tax cuts lacking major demand-side stimulus.
- Rising Treasury yields and mortgage rates dampen investment confidence, limiting growth impact.
Market Signals Juice Era Ended
- The era of economic 'juice' via low rates and easy stimulus is over according to market signals.
- Rising gold and Bitcoin prices indicate markets perceive greater risks from heavy debt accumulation.