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Economy In Peril? Why Unemployment Is Soaring; Fed To
Economy In Peril? Why Unemployment Is Soaring; Fed To Cause More Damage | Jim Bianco
#Economy #Peril #Unemployment #Soaring #Fed
“David Lin ”
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Jim Bianco, President of…
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The latest unemployment rate rose to 4.3%. Will it climb even higher?
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Me thinketh a., small point is there's an…….elephant in the room!@!?😉
First of all, this whole economic chaos was powered by optimism that the FED is done with hiking interest rates. Now that interest rate crash is the situation, where do we go from here? How would you advise I safely allocate $250k funds at this point?
This guy think markets reflect the economy. He doesn’t get it
Cut rates, print money, spend, unresolved supply chain issues.
Double dip recession coming in 2025
Down in the trenches without the second graphs: The consumer is under water; and has no money. The Fed this, The Fed That; You computer analysts haven't a clue. The economy according to the consumer is on it's knees. Get out in the real world.
this guy is beyond delusional, must be hard to see the real world from your beach house on lbi
Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan Jane Christy ❤️
This dude is delusional, the economy is fine? What a joke. People crossing the border aren't registered that's why they are called illegal immigration. How can they be counted in the national unemployment rate.
A few days ago I called bullshit on Jim. I came back to rub it in his face.
Wow – recorded on Thursday !! Jim Bianco stated over and over again that he is in the NO LANDING camp !!!
Current status in the futures market : S&P500 below 5200, Nasdaq below 17650, Dow below 39000, Russel2000 below 2050, Nikkei below 31500.
What would a hard landing look like at Bianco Research ?!? 😱😱😱
Great data from my paisan Jim😊
The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
David this conversation covered a lot of territory, but yielded no actionable results. On a day like this, choose a guest who can do a deep dive into how the unemployment rate Should be calculated and provide us DIY investors with the formula to do the calculation at the end of the podcast. Your guest today may be intelligent enough to help get this done, but he sure didnt show it.
I love how he looks so so deep into the job numbers, but forgets to mention and account that the last three months those 175k jobs where 60% government jobs. Smh way to look at the data… not! This guy is a moron.
I keep seeing stores closing, how are people employed when we are seeing so many stores closing!? Where are they going?
Thank You David! A great, no drama interview! The world really isn't going to end.
he is not in touch with reality. Interest rate cuts don’t cause inflation it’s when they print money those are two separate things. 🤦 That’s sooooo basic.
❤
41:30 crypcoin xD
New WSB meme?
Interesting insights and reality check on Bitcoin.
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
He makes good sense. The last thing we need is for the govt's hands in bitcoin to potentially manuplulate it.
Lol what a joke this guy is
Probably should have interviewed him a day later.. 😊
It's impossible for someone to become wealthy suddenly. A valuable lesson I've picked up from billionaires is to always invest in a diverse range of securities and to put in background effort, even if we usually just see the final product. I intend to profit from the approximately $200k that I want to put in stocks this year.
Please have Jim come on and debate Danielle DiMartinBooth she is screaming recession I agree with Jim this economy is bullish still
The illegals are not in the unemployment data….. they don't have documents, does not have address, does not have social security. How are you going to add them to data set?! Heck they don't even include US citizens out of work after about an year
The yield curve Signals recession when the curve uninverts and powell should know this. And we will be there by next week. They are so full of lies its disgusting
I AM NOT PICKED UP IN THE POPULATION DATA. NO ONE I KNOW IS. SO ILLEGAL ALIENS ARE PICKED UP? WHHAAAT?
I SAY THAT AS A FAN OF THIS GUEST.
Stop repeating the Jobs numbers. The are not real
The only reason it has grown is because of government deficit spending which we all know can’t continue with our either raising taxes or cutting liabilities like the military or Medicare and social security spending.
THIS DUDE SUCKS !!!!
Wrong person for interview show . Hope he won’t come back to the show anymore. Most of his stuff was incorrect 😢😢😢😢😢😢😢😢😢
He said the economy is "fine" and them a very odd and weird pause! WTF! I can't stop laughing 😂🤣😆 I needed to come back for a good laugh!
David, it's okay to not upload EVERY interview you do, once it's over and you realize it was hot, molten feces.
I think this guy is clueless. But, let's wait and see.
Jim, you look at non farm payrolls what?? We all know that's a joke. The household survey has been painting a completely different (job loss) picture for over 12 months now. I don't get it…
What?
I’m not I’m in the camp getting destroyed I goto work and come home and sit in the house with my family we can’t even afford to go out to eat or even just go out for a ride anymore this is also the first year in 8 that we couldn’t even take our yearly vacation so I disagree they need to cut and fast
Thank You finally someone talking sense