The February jobs report was ugly. The U.S. economy lost 92,000 jobs and the unemployment rate ticked up to 4.4%, one of the higher readings in the past few years. Even healthcare — usually one of the most reliable sources of job growth — shed 28,000 positions. It's even more evidence that Jerome Powell and the Fed are BEHIND on interest rate cuts. What are they doing? On today's how, I'll tell you what the right move is.
0:00 Intro
0:38 Latest job report was dismal
3:00 The Fed is (still) behind the curve
4:19 Donroe Doctrine explained
9:00 Bitcoin held up well during the Iran conflict
10:32 Insane chart from Anthropic about AI in the workforce
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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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