The KE Report, Released on 2/5/24

John Rubino joins us today to discuss the rise in interest rates and last Friday’s strong US job data. While we continue to hear about how strong the US economy is and markets at all time highs John sees a much bigger problem brewing with rates moving higher. This of course ties into central bank policy and the recent “higher for longer” narrative out of Jerome Powell. On the jobs data front, John is not believing the headline number from Friday. He outlines a few factors that tell him the job market is not nearly as strong as the number would suggest.

John Rubino is the founder of the popular financial website DollarCollapse.com which he sold in 2022. Mr. Rubino is the co-author, with GoldMoney’s James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980’s on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990’s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. His latest work can be found at https://rubino.substack.com.

  economy, Fed, interest rates, markets, recession