Rebel Capitalist News Wow...New Employment Data Is Shocking
18 snips
Dec 3, 2025 Unexpected negative payroll data from the ADP report raises eyebrows, especially affecting small businesses the most. Discussions reveal the implications for the Fed's decisions and how this influences interest rates. Curious insights emerge regarding the yield curve and bond market strategies. George shares his recent trades, emphasizing the importance of macroeconomic data for making investment choices. Tune in for actionable advice and forecasts that challenge conventional wisdom.
AI Snips
Chapters
Transcript
Episode notes
Unexpected Negative ADP Payroll Print
- ADP reported a surprising -32,000 private payrolls for November, much weaker than the +40,000 the market expected.
- George Gammon highlights this as a sign the labor-market slowdown is intensifying, especially for small businesses.
Host Placed A Live Trade After ADP
- George Gammon shares he placed a real-money trade in his personal portfolio after seeing the ADP data.
- He emphasizes this wasn't paper trading and says he'll update viewers if the order fills.
Small Businesses Took The Biggest Hit
- Small firms (fewer than 50 employees) lost 120,000 jobs, the largest drop since March 2023, while larger firms netted gains.
- Gammon points out this disproportionately hurts middle- and lower-income segments served by small businesses.