The Rate Guy Rate Cuts Aren't Causing a Surge
Jan 13, 2025
The hosts dissect the latest jobs report, questioning the idea that the economy is overheating. They highlight key findings about employment trends, shedding light on the state of the labor market. The discussion extends to inflation data, advocating for a broader view of economic indicators. Meanwhile, they explore rebuilding strategies for Los Angeles in the wake of recent tragedies, emphasizing the need for actionable solutions. The mix of personal anecdotes and serious analysis keeps the conversation both engaging and insightful.
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First Impressions of Pacific Palisades
- JP Conklin recounts his initial positive impressions of Pacific Palisades when he considered moving to LA for work.
- He contrasts this with the surreal devastation he witnessed in news reports of the recent fires.
Rebuilding Strategy for LA
- Streamline zoning, permitting, and insurance processes for rebuilding.
- Appoint a temporary "czar" to oversee these efforts with a strict deadline.
Jobs Report Analysis
- The recent jobs report, while strong, does not indicate an overheating economy.
- Monthly job growth has significantly decreased compared to post-COVID levels.