Why the Latest Economic Report is a Rorschach Test

Published: June 14, 2024, 8 p.m.

#514: The S&P 500 hit a record high \u2014 and the GameStop guy is back, and he now owns 9 million shares of GME, making him the 4th largest shareholder.\n\nInterest rates from remain the same, and are expected to hold steady until September. Inflation remains unchanged from last month.\n\nLast month we saw a massive explosion of new jobs, at 272,000\xa0\u2014 nearly 90,000 more than predicted. But we also saw unemployment tick up, which created mixed signals.\n\nLearn the implications of the latest economic news \u2014 and how it impacts your wallet \u2014 in this month\u2019s economic update.\n\nFor more information, visit the show notes at https://affordanything.com/episode514\nLearn more about your ad choices. Visit podcastchoices.com/adchoices