Why did Friday's jobs report miss expectations? Is the economy in trouble?
Thanks! Share it with your friends!
Watch Kitco NEWS Video: Why did Friday's jobs report miss expectations? Is the economy in trouble?. Friday’s nonfarm payroll report showed that the U.S. economy added 559,000 jobs in May, slightly shy of consensus expectations of 675,000. The unemployment rate is now at 5.8%, the lowest level since the start of the pandemic.
Alain Corbani, portfolio manager of Finance SA and Scott Rothbort, president of LakeView Asset Management, discuss the impact of Friday’s jobs report on inflation, monetary policy, and investments.
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Bitcoin and other crypto news, prices and info. US Jobs Growth Beats Expectations; New Bitcoin Mining Sustainability Report and More. US Jobs Growth Beats Expectations, Crypto Markets Outlook, New Bitcoin Mining Sustainability Report. Why did Q2 GDP miss expectations? Is the economy slowing down? Steve Hanke on biggest anomalies. THIS JOBS REPORT CHANGES EVERYTHING!!!. The Economy Is In BIG Trouble: Darius Dale. The Economy Is In BIG Trouble: Dylan LeClair. US Economy Added Fewer Jobs in December Than Expected, Why 2022 Is the Year of Ethereum and More. Beijing Winter Olympics Opening Ceremony Kicks Off, US Economy Added 467,000 Jobs in January. RUSSIA'S ECONOMY IS IN FREE FALL...PUTIN IN TROUBLE?. US September Jobs Report Numbers Lands in 'an Awkward Middle'. Week in Review: Jobs Report, Little Else Moving Bitcoin Price. Bitcoin Bouncing Back Despite Sluggish U.S. Jobs Report for January.
Best Blockchain Games - Play and Earn!
Related Videos
-
US Jobs Growth Beats Expectations; New Bitcoin Mining Sustainability Report and More
Added 49 Views / 0 Likes"First Mover" dives into today's top markets and business news, including the just-released jobs report and the increasingly contentious crypto conversations in Congress. Guests include U.S. Congressman Warren Davidson, Rayne Steinberg of crypto investment firm Arca, and Jamie Leverton of crypto mining firm Hut 8, on the Bitcoin Mining Council's latest meeting and its just-released survey on sustainable mining by miners. "First Mover," CoinDesk TV's f
-
US Jobs Growth Beats Expectations, Crypto Markets Outlook, New Bitcoin Mining Sustainability Report
Added 33 Views / 0 LikesThailand's SEC alleges crypto exchange Binance is operating in the country without a license, Robinhood's IPO filing shows Dogecoin (DOGE) trading was responsible for 34% of its Q1 crypto revenue, Elon Musk tweet sends DOGE soaring again, and Charlie Munger: "America can learn from communist China." On "The Hash," a daily panel show, CoinDesk's Zack Seward, Benjamin Powers and Will Foxley alongside industry heavyweights Naomi Brockwell and Jennifer Sa
-
Why did Q2 GDP miss expectations? Is the economy slowing down? Steve Hanke on biggest anomalies
Added 27 Views / 0 LikesSecond quarter real GDP in the U.S. grew at 6.5% on an annualized basis, lower than consensus estimates. Steve Hanke, professor of Applied Economics at Johns Hopkins University, told David Lin, anchor for Kitco News, that market participants are not accurately factoring in inflation growth. 0:00 - Q2 GDP 10:24 - Real interest rates 14:48 - Yield curve 16:37 - Gold vs real interest rate 20:48 - Gold sentiment index Follow David Lin on Twitter: @davidli
-
THIS JOBS REPORT CHANGES EVERYTHING!!!
Added 20 Views / 0 LikesThe latest nonfarm payrolls surged despite surging omicron cases. What does this jobs report mean for the economy and for the markets? ➡️Buy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus) https://bit.ly/3vTebLT ✅Buy Bitcoin, Crypto & NFTs on FTX (US) https://bit.ly/3ddSH3C 💰Earn 12.6% APY w/ Deposits and Trade w/ Vauld: https://bit.ly/3fVCSzX ✅Trade 300+ Crypto on Kucoin ($500 Bonus): https://bit.ly/3qYWtn6 💳Blockfi Bitcoin Reward (1.5% Back in
-
The Economy Is In BIG Trouble: Darius Dale
Added 12 Views / 0 LikesThanks to Darius Dale for coming onto the show to discuss the macro environment of the economy. "FTX US is the most complete crypto and finance app that allows users to buy crypto, stocks in the future and NFTs with no fees. Download FTX US today using the links below for exclusive benefits awarded to BBS viewers: FTX App (Code ""pompbbs""): https://link.blockfolio.com/9dzp/2l8scudz -Earn free crypto on trades over $10 on the FTX mobile app- FTX Excha
-
The Economy Is In BIG Trouble: Dylan LeClair
Added 17 Views / 0 LikesThanks to Dyland Leclair for coming on the show to discuss the economy. Subscribe to the NEW Best Business Show Live Channel. This channel will be only be clips from the show only going forward https://www.youtube.com/channel/UCgE46TG0RwAkaolFgH-MTYg The Best Business Show Is LIVE 11AM-1PM EST Monday - Friday discussing Bitcoin, Finance, Crypto & everything in between. Check out our Store! https://thebestbusinessshow.com/ Pomp writes a daily letter to
-
Popular
US Economy Added Fewer Jobs in December Than Expected, Why 2022 Is the Year of Ethereum and More
Added 173 Views / 0 Likes"First Mover" hosts speak to Paul Brody, Ernst & Young Principal & Global Innovation Leader about his outlook for Ethereum in 2022 and some of the key issues that need to be addressed. Taking a look at the markets, the US economy added 199k jobs last month, fewer than expected. Ben McMillan, CIO of IDX Digital Assets shares his view on the crypto markets and the impact of macro factors. Plus, Martin Wainstein, Open Earth Foundation Executive Director
-
Beijing Winter Olympics Opening Ceremony Kicks Off, US Economy Added 467,000 Jobs in January
Added 20 Views / 0 Likes"First Mover" hosts speak to Stacks Protocol contributor Muneeb Ali as he launches Trust Machines, an ecosystem of applications to unlock potential of bitcoin for Web3. Former NBA All-star and serial entrepreneur Baron Davis is launching "More Than Us" venture studio to develop, drop new NFT collections to empower underrepresented communities. Plus, market insights from Peter Marber, Chief Investment Officer and Head of Emerging Markets at Aperture In
-
RUSSIA'S ECONOMY IS IN FREE FALL...PUTIN IN TROUBLE?
Added 20 Views / 0 LikesThis is the latest update on the Ukraine Invasion. With pressures mounting from the west, Russia's economy and rumble are crumbling. Will Putin cave? Also a look at US markets during the open. 🚨I Am George NFTs: https://bit.ly/3nEALEg ➡️Buy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus) https://bit.ly/3vTebLT ✅Buy Bitcoin, Crypto & NFTs on FTX (US) https://bit.ly/3ddSH3C 💰Earn 12.6% APY w/ Deposits and Trade w/ Vauld: https://bit.ly/3fVCSzX 🦄The
-
US September Jobs Report Numbers Lands in 'an Awkward Middle'
Added 23 Views / 0 LikesU.S. jobs rose by 194,000 in September, well below economists’ average estimate for a gain of 500,000 jobs. This may give the U.S. Federal Reserve more flexibility after Chair Jerome Powell signaled recently that the central bank looked to be on track to start tapering its $120 billion-a-month in bond purchases. "The Hash" co-host David Morris says when we see a worse jobs report it's better for the stock market and vice versa. What does it mean for t
-
Week in Review: Jobs Report, Little Else Moving Bitcoin Price
Added 30 Views / 0 LikesWeek In Review: A mixed bag of news involving bitcoin this week but BTC remained range-bound heading into the weekend. Host Christine Lee sits down with All About Bitcoin's panel to discuss the bitcoin markets the week's top stories: the new U.S. jobs report, China's continuing crackdown, bitcoin adoption in El Salvador, the hashrate plummeting, the death of John McAfee and reported death of Mircea Popescu, and some major investments to expand the cry
-
Bitcoin Bouncing Back Despite Sluggish U.S. Jobs Report for January
Added 44 Views / 0 Likes"All About Bitcoin" host Christine Lee talks to CoinDesk Director of Professional Content Galen Moore about today's top stories moving the bitcoin markets. Site: https://www.coindesk.com Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/3104779/admin Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: htt
