🔥HUGE: There is now an 80% chance of getting a rates cut in September. https://t.co/MU6p1JSH0c ...

Joining me now is Jared Bernstein, former chairman of the Council of Economic Adviserss and former chief economist and economic policy adviser to Vice President Joe Biden. Uh Jared, President Trump lashed out against the weak jobs market or jobs numbers, I should say, that were reported for July. He railed against the downward revisions from May and June.They were pretty significant. According to Axios, a top economic adviser to the president called the data quote very unreliable. Let's set aside for a mome ...

Trump's quest for lower interest rates will require more than replacing the Fed chief https://t.co/HK5GGoyOw0 ...

Europe is cutting rates.China is cutting rates.The FED is next! 🚀 https://t.co/zHDOb2JQw2 ...

The U.S. job market is collapsing.Inflation is plunging.Time to cut rates and stimulate the economy! 🚀 https://t.co/betRzLabL3 ...

FED TO CUT RATES SOON! 🚀 https://t.co/H4owaPCq1p ...

It is day 194 of the second Trump administration and it was not a good day for the Trump economy. On Wall Street, the Dow, S&P, and NASDAQ all lost more than a full percentage point. The selloff comes after Trump rolled out a list of new tariff rates on countries that haven't reached trade deals with the US.Those new rates take effect one week from today. But the big headline, the real story was the labor market. Economists were set to see a weak July jobs report today, but it was even worse than expected.I ...

She has been a member of the Fed Board of Governors since September 13th, 2023. Let's try to get some more information right now because we have an expert sitting to our right. Michael McKee, talk us through what we know so far.Well, this is a total surprise. Obviously, there was some issue that she had to deal with that made her miss the Fed meeting, which is an extremely unusual thing to do. But we don't have any information on why she is resigning at this point.But basically, effective immediately, she i ...

Market Trends - Municipal bonds are rallying along with US Treasuries [1] - Soft US jobs data spurred bets that the Federal Reserve will cut interest rates as early as next month [1]

Core Viewpoint - The Vanguard Ultra-Short Bond ETF (BATS:VUSB) is designed for investors seeking income with minimal duration risk, averaging around 0.9 years in duration despite its "Ultra-Short" label [1] Fund Characteristics - The ETF holds 1008 bonds with a yield to maturity of 4.7%, compared to a benchmark yield of 4.0% [1] - The average coupon rate for the fund is 4.2%, while the benchmark has a coupon rate of 0.0% [1] - The fund's total net assets as of June 30, 2025, are $5.4 billion [1] - The turnover rate for the fiscal year ending December 31, 2024, is 61.7% [1] Credit Quality - The credit quality of the bonds is generally good, with over 30% in BBB-rated bonds considered acceptable due to the short duration [5][8] - Only 0.5% of the portfolio consists of single B-rated bonds, indicating a low level of exposure to lower-rated credit risk [8] Liquidity and Expense - The ETF has a trading volume of 715,698 shares, translating to approximately $35 million, which is considered sufficient for tight bid-ask spreads [9] - The expense ratio is competitive at 0.10% [9] Market Context - The ETF's share price experienced volatility from late 2021 to early 2023, primarily driven by fluctuations in interest rates [2][4] - The current economic environment shows strong employment, but the Federal Reserve's focus on managing inflation could lead to potential rate increases [11][12] Investment Strategy - The ETF may not be the best choice for investors in high-tax states due to tax implications, making it more suitable for tax-advantaged accounts [7][15] - The current credit spreads are not appealing, leading to a preference for individual positions or short-term Treasury ETFs for cash management [15]