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Market Update: Job Cuts, Currency Turmoil, and the Hidden Truth About Interest Rates
There are so many things happening on the financial front that are being obfuscated by mainstream Wall Street news. As more things become unsettled and untethered, we’re going to see pivotal changes in the economy.
And no one is talking about it…
From the constant revisions of jobs numbers, to the market’s optimism about rates going down, there’s a concerted effort to represent the economic situation in a more positive light than it actually is.
But the latest trends are giving us a much needed reality check and reminding us that the market isn’t as great as the mainstream media is presenting it. Asset bubbles are going to burst, AI is going to further impact jobs, and we still have a massive currency shift ahead of us.
Despite what Wall Street is telling you, I believe we’re already in a recession, and after the election, we’ll start to get the true economic data.
In this episode, I give you a market update and share the biggest concerns in the economy right now.
About Your Host
Rebecca Walser is the Founder and CEO of Walser Wealth Management and author of “Wealth Unbroken: Growing Wealth Uninterrupted by Market Crashes, Taxes, and Even Death”. Beyond her two decades as a financial consultant and tax attorney, Rebecca has built a dynamic, youthful, and predominantly female team that offers a fresh perspective on wealth strategy. Together, they provide families, professionals, and high-income business owners with solutions for long-term security and prosperity.
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Chapter Markers
00:00 - Intro
01:09 - Rates and jobs
06:35 - 10 year yield and AI job displacement
13:05 - The Repo market
15:25 - Circumventing the West is now the new reality
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