Devastating jobs number, Fed decision, car shopping
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Wintrust Business Lunch 8/21/25: Market pullback, Fed waiting, AI scams
Update: 2025-08-21
Description
Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about why the markets have been down recently, the odds of a Fed interest rate cut, how many rate cuts he can expect this year, and why this may be a good buying opportunity.
Segment 2: Jason Hiner, Editor in Chief, ZDNET, joins John to talk about Google announcing its new phones, earbuds, and watches, and how scammers are using Google AI Overviews and ChatGPT to steal people’s credit card numbers.
Segment 3: Tim Paradis, Future of Work Correspondent, Business Insider, joins John to talk about how extroverts may thrive in an AI driven world.
Segment 4: Trevor Wagener, Chief Economist at the Computer & Communications Industry Association, tells John how new report from CCIA shows that American workers, investors, and taxpayers are footing a nearly $100 billion bill thanks to European Union digital rules that unfairly target U.S. tech companies.
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