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Jim Bianco, President of Bianco Research, discusses the health of the labor market, what's really driving the unemployment rate up to a 3-year high of 4.3%, the Fed's next moves, the outlook for stocks and bond yields, and Bitcoin.
*This video was recorded on August 1, 2024
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0:00) - Intro
0:50) - Fed cut by September
3:00) - Labor market
14:30) - Fed's mistake
19:15) - Stock market rotation
25:56) - AI bubble
30:40) - Bond yields outlook
36:55) - Bullish stock sectors
38:15) - Bitcoin strategic reserve
#economy) #stocks) #bitcoin)
