Jay Pestrichelli, CEO of ZEGA Financial and Derek are back to talk about how there is conflicting bullish and bearish data in the economy. Jobs data vs manufacturing tells a different story. Plus, digging into the labor force participation rate conundrum. This week Campbell Harvey who came up with the 3-month over 10-year treasury yield curve inversion indicator said despite being right every time on recessions, this time may be different.
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- Campbell Harvey yield curve inversion signals false this time?
- 3 Month Treasury inverted against the 10 Year Treasury Bond
- Labor force participation rate explained.
- Is low unemployment rate because a few million people are not looking for work?
- PMI data shows things are slowing while employment is strong.
- Wage growth revised lower a bullish sign for markets?
- Has Spain’s stock market really gone nowhere for past 13 years?
- It’s about to get real for earnings seasons once again.
- Banks are first up for earnings which may give hints around the economy.
- Don’t overlook Taiwan Semiconductor earnings as an econ barometer for economy.
- And recommendations for a few movies, shows, and books.
Mentioned in this Episode:
Derek’s new book on public speaking Effortless Public Speaking
Derek Moore’s book Broken Pie Chart
Jay Pestrichelli’s book Buy and Hedge