Why is the labor market weakening. Apollo's Torson Sllock, he took a stab at explaining the slow job growth. There are three reasons why job growth is slow.Lower immigration, AI implementation, and fewer government jobs. So the bottom line, he says, is that the weak labor market is not due to weaker labor demand, but rather to weaker labor supply. So this analysis by Torson is very, very important.Pay attention to it. It highlights three major trends that are unlikely to change in the near term. So that sug ...

From the Desk of Anthony Pompliano0:00 Weak Labor Market Will Push Asset Prices Higher2:36 Bitcoin and Ethereum Are Leaving Exchanges3:47 Peter Schiff Interview On The State Of US EconomyEnjoy! https://t.co/V1Jh8NBpAl ...

The lower the labor market goes, the higher asset prices will go.This is the opposite of what has happened historically.Update your mental framework immediately. https://t.co/v1ESiBqDK4 ...

Learn what economic bubbles are, how they form and burst, and explore historical examples like Tulip Mania and the Dot-Com Bubble, to better understand asset prices' escalation and decline. https://t.co/OAw6ZOna7v ...

Monetary Policy & Inflation - The Federal Reserve has effectively abandoned its 2% inflation target, which it hasn't consistently achieved since February 2021 (over 50 months) [1] - The Federal Reserve acknowledges a "0%" chance of returning inflation to the 2% target [2] - Rate cuts are anticipated, leading to an influx of cheap capital into the market [2] Market Outlook - Asset prices are at all-time highs, and further increases are expected due to anticipated rate cuts [1][2] - The US economy is projected to "run hot," benefiting investors [3] - Bears predicting recession are expected to be incorrect [3]

Unfortunately the gap between wages and asset prices is only going to broaden.Job displacement will be exacerbated by technology, particularly AI.It’s no wonder the rich are building bunkers, I don’t see how this doesn’t end with a revolt.If UBI isn’t the solution, what is?CL (@CL207):more and more people cat see is struggling to get joball while wage has been dropping all time lows if you compared to cost of living / rent / asset pricesand since a lot of investing ppl follow cat, if one thing you can do fo ...

Interest Rates and Housing Affordability - Lowering interest rates by the Federal Reserve (Fed) does not inherently make housing more affordable; in some cases, it can make it less affordable [2][3] - Mortgage rates are more dependent on the long end of the yield curve (e.g., 10-year and 30-year yields) and typically trade 1.5% to 2% higher due to associated risks [6] - The Fed is projected to lower interest rates in September, but this may change based on labor market reports and inflation readings [7] - If the Fed cuts rates preemptively to avoid a recession, it can reignite "animal spirits," causing markets to rise and the bond market to reprice inflation risk, potentially increasing mortgage rates [12][13][14] - Cutting rates prematurely may worsen the real estate market [34] Asset Prices and Housing Market Improvement - Lower asset prices are needed to achieve a durable improvement in housing affordability [22][23][25] - Lower asset prices lead to a lower long end of the yield curve, which in turn leads to lower mortgage rates [39] - The market may take 6 to 12 months to accept the reality that lower asset prices are necessary to improve the real estate market [23] Market Dynamics and Future Outlook - The housing market is currently seeing a drop in new privately-owned housing units under construction due to unaffordability [20][21] - The author anticipates that after a second round of rate cuts, potentially starting in September, the long end of the yield curve will likely increase, leading to higher mortgage rates [29][30] - It may take a couple of years for the market to accept that lower asset prices are needed to improve the real estate market [33]

Market Overview - Markets are broken and engineered to inflate asset prices indefinitely [1] - A "new normal" has emerged, requiring investors to adapt their mental models [1]

RT Kellan Grenier (@kellangrenier)Fin: The USD is going lower. Americans will be asked to tolerate slightly higher target inflation. In return, they get higher asset prices, across a broader mix of assets. Every child will be born with a head start. This gives us a chance to satisfy our massive debt burden.🇺🇸 ...