Ep. 49: The Fighter - Jobs Vs. Interest Rates. Plus: A Government Bitcoin
Update: 2017-08-26
Description
This week, we've got the big fight on our minds. Not Mayweather vs. McGregor. We've got job growth vs. the Federal Reserve's interest rate policy.
The government is set to release its monthly jobs data this week. Employment growth has been strong throughout most of the year so far. We take a deep dive into the recent data, letting you know what's going on below the surface and how it stacks up historically.
We also take a look at how the jobs data could impact the Federal Reserve's thinking. Earlier this year, it looked like the rate-hike train was well out of the station and picking up stream. In recent weeks, though, there's been a growing sense that the Fed needs to scale back. There's even been whispers that the next move should be a rate cut.
And as always, we brawl with some of Wall Street's more obscure middleweights...
We've got a review of the feud involving everyone's new cabinet WAG. We've got a lawsuit alleging premium bottled water is really just from a tap. We've got an electric Microbus on the way. We've got a $2 million lottery scam that could lead to 25 years in jail for one software programmer. We've got a European country that might launch its own cryptocurrency. And we've got bad news on the gender pay gap.
The government is set to release its monthly jobs data this week. Employment growth has been strong throughout most of the year so far. We take a deep dive into the recent data, letting you know what's going on below the surface and how it stacks up historically.
We also take a look at how the jobs data could impact the Federal Reserve's thinking. Earlier this year, it looked like the rate-hike train was well out of the station and picking up stream. In recent weeks, though, there's been a growing sense that the Fed needs to scale back. There's even been whispers that the next move should be a rate cut.
And as always, we brawl with some of Wall Street's more obscure middleweights...
We've got a review of the feud involving everyone's new cabinet WAG. We've got a lawsuit alleging premium bottled water is really just from a tap. We've got an electric Microbus on the way. We've got a $2 million lottery scam that could lead to 25 years in jail for one software programmer. We've got a European country that might launch its own cryptocurrency. And we've got bad news on the gender pay gap.
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