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August 2, 2025By Paula Pant

#630: First Friday: We Were Wrong About 258,000 Jobs (This Changes Everything)

Interesting observations about the current housing market, meme stocks (again), GDP, Fed Meeting, Stock Market, and the latest Jobs Report updates. 

Timestamps: 

Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths. 

00:00 Introduction to Economic Turmoil 

01:21 Jobs Report According to the BLS 

09:23 Impact of Tariff Negotiations 

12:36 The Broader Trade Landscape 

16:04 Stock Market Reactions 

24:11 GDP and Inflation Insights 

31:52 The Fed’s Steady Hand (Interest Rates) 

39:55 Housing Market Dynamics 

39:40 Affordability Crisis in Real Estate 

50:23 The Return of Meme Stocks 

Resource mentioned: 
The GameStop Revolution, One Year Later  | Podcast Episode 

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#629: Nick Maggiulli: The Wealth Ladder Has Six Rungs (and Most People Never Climb Past Four)
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