On episode LXXII of "In The Know" (October 3, 2025), ARK CEO/CIO Cathie Wood delves into the current economic landscape amidst a government shutdown, highlighting the surprising resilience of the stock market. She discusses significant employment revisions, the Federal Reserve's interest rate cuts, and the impact of tariffs on inflation. Cathie also explores the potential for a productivity-driven economic boom, the challenges in the housing market, and the evolving role of technology and innovation in shap ...

From @WSJopinion: Imagine a gleaming new Federal Reserve bank on the shore in Miami and another in the Phoenix desert. This isn’t a fanciful dream but a real possibility. It’s one of the many reforms the Fed should consider, writes Marc Sumerlin. https://t.co/725Kd54OHS ...

Market Sentiment - The current market sentiment is largely indifferent to political events such as government shutdowns, with a belief that any short-term impacts will be reversed in the medium term [2][3] - Focus remains on fundamentals, inflation, the Federal Reserve, and upcoming earnings reports, particularly from banks [3][4] Consumer Behavior - Recent reports from companies like Dicks indicate that consumer spending remains stable, despite ongoing concerns about consumer health [4] Investment Themes - The conversation around investment is shifting towards identifying tier three opportunities in the power sector, as tier one and tier two stocks have already garnered significant attention [5] - There is a prevailing theme of overinvestment in certain sectors, with notable figures like Zuckerberg suggesting that the risk lies in underinvesting rather than overinvesting [9] Market Cycle - Analysts are debating the current stage of the market cycle, with some suggesting that the market is further along than commonly perceived, potentially in the seventh inning of a capex boom [11] - There are concerns that if the capex spending is indeed nearing its peak, the current market rally may be shorter-lived than anticipated [13] Future Indicators - Key indicators to watch for potential market shifts include a decrease in capex, profit warnings, and changes in corporate financing activities, though no evidence of these changes is currently observed [14]

Well, as you know by now, there is no official jobs report today because of the government shutdown. But we found another way to try and get a look at employment in the month of September. We're going to call this our own squawk survey.Evans S is the CEO of Aura Intelligence. That's a platform for workforce analytics. Bill Dunlberg is the chief economist at the National Federation of Independent Businesses.Both have real data on the state of jobs in this country. And of course, we have our very own senior e ...

Core Insights - The absence of the official jobs report due to the government shutdown has led to alternative methods of assessing the employment situation in September [1][2] - Insights from industry experts indicate a mixed outlook on the job market, with some sectors showing declines while others remain stable [8][16] Employment Trends - The NFIB hiring intentions survey indicates that while many small businesses have job openings, very few are being filled, resulting in a negative net increase in employment [5][6] - Job postings across various sectors have declined, particularly in healthcare and restaurants, which are seen as leading indicators of consumer spending [8][9] - Retail and higher education showed slight increases in job postings, with retail up by approximately 2% [9] Economic Uncertainty - A high level of uncertainty in the economy is affecting hiring decisions, with 90% of firms reporting few or no qualified applicants for open positions [12][13] - The uncertainty index is at one of its highest levels in the past 50 years, leading businesses to hesitate in making hiring commitments [12] Sector-Specific Insights - Technology sector spending is robust, but much of the hiring is for AI roles that may replace existing jobs rather than create new ones [15][16] - The overall job market is experiencing a decline across multiple sectors, despite some positive indicators in retail and higher education [16] Federal Reserve Implications - The lack of a jobs report may hinder the Federal Reserve's ability to respond effectively to the job market, potentially delaying interest rate cuts that could support hiring [18][20] - Historical data suggests that had the Fed adjusted rates earlier, it might have positively influenced hiring in Q4 [20]

The US banking system’s reserves, a key factor in the Fed's decision to keep shrinking its balance sheet, tumbled for the eighth straight week to a new mark below $3 trillion https://t.co/FG8cGzex5k ...

The Supreme Court provided the most meaningful check to date on President Trump’s effort to fire Federal Reserve governor Lisa Cook when it said she could remain in her job until it takes up her case in January https://t.co/JrDJrdO7sR ...

Supreme Court lets Lisa Cook stay at Federal Reserve for now https://t.co/kT83IjYgP1 ...

We are back with some breaking news on President Trump's attempt to fire Federal Reserve Governor Lisa Cook. The Supreme Court is allowing Cook to stay on the job, at least temporarily, while the legal fight plays out. The justices have agreed to hear oral arguments on this issue in January, adding another highstakes case to what is shaping up to be another consequential term. ...

Supreme Court agrees to hear arguments on whether President Trump can temporarily fire Lisa Cook from the Federal Reservehttps://t.co/YxEW9Kgavg ...