69 min listen
About That Blockbuster Jobs Report ...
About That Blockbuster Jobs Report ...
ratings:
Length:
37 minutes
Released:
Aug 5, 2022
Format:
Podcast episode
Description
Equity futures tanked and Treasury yields spiked this morning after the Bureau of Labor Statistics reported the U.S. economy added 528,000 jobs in July, as investors priced in another 75-basis-point rate hike when the Federal Reserve meets in September. The major U.S. stock indexes rallied, rolled over, and rallied again into the afternoon, reflecting what remains the murkiest macro environment in recent memory. Meanwhile, on the increasingly fraught geopolitical front, China stepped up its military activity around Taiwan, sanctioned Nancy Pelosi, and cut off military and climate talks with the U.S. Maggie Lake welcomes Jeffrey Schulze, a director and an investment strategist at ClearBridge Investments, to the Daily Briefing to talk about today’s jobs report and what it means for the Fed, markets, and investors.
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Released:
Aug 5, 2022
Format:
Podcast episode
Titles in the series (100)
Adventures in Finance 25 - The Hedge Fund That Almost Broke the World: Before the hundreds of billions in corporate bailouts and trillions in central bank interventions, there was a time when we believed there was no way our financial models and investment strategies couldn’t be wrong. That was until a hedge fund came... by Real Vision Daily Briefing: Finance & Investing