#205 Jim Bianco: On Why The Market Is Signaling The Fed's Rate Cuts Are A Mistake, What's Really Going On In The Labor Market, And Why Inflation Is Here To Stay

The Julia La Roche Show

Jim Bianco, president of Bianco Research, returns to The Julia La Roche Show for episode 205 to discuss the macro view, why the market is signaling the Fed's rate cut was a mistake, the dynamics of the labor market, and the presidential election.

✨ This episode is sponsored by Public.com. Lock in your 6.6% yield: https://public.com/julia ✨

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Links:

BiancoResearch.com

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00:00 Intro and welcome Jim

01:00 Analysis of Fed's 50 basis point rate cut and market reaction

04:27 Discussion of labor market and population growth impact

06:53 Analysis of ADP data and small business employment

09:11 Impact of immigration on economic statistics

11:20 Fed's political vs partisan nature in rate decisions

14:13 Explanation of "no landing" economic scenario

17:06 Outlook for bonds and inflation impact

19:59 Stock market return expectations

22:25 Bond market competition with stocks

23:33 Demographics and bear market discussion

26:28 Analysis of election betting markets and probabilities

31:41 Inflation outlook regardless of election outcome

33:04 Discussion of inflation rates vs cumulative price increases

37:11 Implications of a 3% inflation world

40:48 Closing remarks and information about Bianco Research