Soar Financially, Released on 8/27/25

Jim Bianco, President of Bianco Research, joins us after the Jackson Hole meeting to break down Powell’s pivot, Trump’s Fed shake-ups, and what’s next for markets. We cover the real driver behind weak payrolls, immigration’s role in labor supply, why the bond market is rejecting Fed policy, and how Trump’s moves could reshape the Fed board. Bianco also shares his outlook on stocks, bonds, deflation risks, and portfolio strategy in a “4-5-6% world.

00:00 Debt, urgency & Trump vs Fed
01:10 Fallout from Jackson Hole
02:12 Fed fears repeat mistakes
03:42 Immigration & labor supply shock
06:05 Border policy, payroll revisions
09:21 Powell caves under pressure
11:14 What could derail a September cut?
12:23 Trump fires Fed Governor Cook
15:05 Legal fight & Fed implications
17:13 Trump’s longer game at the Fed
19:06 Why the urgency? Real estate lens
20:45 Bond market rejects Fed cuts
23:41 Stocks vs bonds competition
25:57 Portfolio in a 4-5-6% world
28:55 Spoiled investors & expectations

Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 years at Bianco Research, Jim’s wide ranging commentaries have addressed monetary policy, the intersection of markets and politics, the role of government in the economy, fund flows and positioning in financial markets. Prior to joining Arbor and Bianco Research, Jim was a Market Strategist in equity and fixed income research at UBS Securities and Equity Technical Analyst at First Boston and Shearson Lehman Brothers. He is a Chartered Market Technician (CMT) and a member of the Market Technicians Association (MTA). Jim has a Bachelor of Science degree in Finance from Marquette University (1984) and an MBA from Fordham University (1989).

  dollar, economy, federal reserve, inflation, investing, Jim Bianco, recession, stocks