David Lin | Economy In Peril? Why Unemployment Is Soaring; Fed To Cause More Damage | Jim Bianco @TheDavidLinReport | Uploaded August 2024 | Updated October 2024, 49 minutes ago.
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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