The David Lin Report Layoffs About To Skyrocket, Why Is Fed Ignoring Critical Data? | Danielle DiMartino Booth
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May 10, 2025 
Danielle DiMartino Booth, a former Fed insider and CEO of QI Research, uncovers alarming signs of economic weakness, predicting a surge in layoffs. She critiques the Federal Reserve, pointing out Chair Powell's dismissal of critical recession signals while job postings plummet. Booth emphasizes the disconnect between soft and hard data, warning of rising unemployment and shifting consumer confidence. She also discusses the impact on the housing market and the necessity of defensive investment strategies during these uncertain times.
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Input Costs and Inflation Dynamics
- Higher input costs don't always lead to higher consumer prices if companies can't pass them on.
- This results in margin squeezes rather than stagflation, revealing a nuanced inflation dynamic.
Revised Job Data Reveals Weakness
- Job data revisions show 41% fewer jobs than originally reported in the past year.
- Indicators suggest job losses have already begun despite official reports lagging.
Powell's Tariff View Contradicted
- Powell assumes tariffs will persistently drive consumer prices higher, contrary to consumer struggles.
- Soft data shows consumers can't pay more, indicating margin pressure rather than inflation spike.