The Weak Jobs Market Will SEND STOCKS HIGHER (Yes, Seriously)

Everyone’s worried about the job market slowing — but that might be EXACTLY what sends stocks higher. As unemployment ticks up, the Fed faces more pressure to cut rates fast, flooding the system with liquidity again. That’s rocket fuel for risk assets. Job losses used to send the economy straight into a recession, but in this new paradigm. I break down this strange new reality on today's episode!

0:00 Intro

0:42 Why the job market continues to struggle

3:18 Exchanges are literally running out of Bitcoin and ETH

4:30 Interview with everyone's favorite gold bug Peter Schiff about the broader economy

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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: 

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