Josh Gay
π€ SpeakerAppearances Over Time
Podcast Appearances
And none of that lines up with conservative free market thinking.
Absolutely none of it.
And when you have a president that volatile, that disinterested in doing things that improve the market and improve the economy, when you have someone like that leading your country,
It does not help the markets at all.
Trump was tabbed to be the economic president, the president that was supposed to grow the economy.
So far, what we've seen is the economy doesn't respond to a madman running the country.
And as I mentioned, among all this crypto news, layoffs are at an all-time high.
Layoffs are surging and markets all over, not just crypto, are falling.
We're seeing those early indicators as of filming right now on Friday morning.
And it comes on the heels of Challenger Gray and Christmas reporting yesterday, Thursday, that January layoffs had the highest number of layoffs since 2009.
saying that U.S.-based employers announced 108,433 job cuts in January.
That's an increase of 118% from the 49,000 cuts announced in the same month last year.
It is up 205% from the 35,000 job cuts announced in December.
That is according to Challenger, Gray, and Christmas.
And we've had an idea that this was coming.
We've heard from some of the major employers, like Amazon, that are investing more in AI, that they're shifting money away from labor.
They're shifting money toward AI investment, which we know kills jobs.
That fact, though, seems to be something that our president doesn't know.
In the NBC interview this week, Donald Trump says...
Ah, thankfully, it's not happening at all.