Spencer Jakab
speaker
229 appearances
3 recordings
1 series
first heard Aug 2025
last heard 10 Sep
Spencer Jakab’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.
Appearances
The bond market isn't moving because the economy is sinking.
It does reflect the state of
Uncle Sam's finances is coming because foreigners are telling us that they're worried too.
The evidence is really tilting in the direction of people being worried about the fiscal situation of the United States and and Japan and Britain and France.
Uh for example, Norway's huge Sarburent Wealth Fund said it's going to be selling some of its US Treasury holdings.
Uh and that's just one example.
Aside from all the other questions that promising everyone five thousand bucks raises, spending a trillion dollars, of course, would blow a gigantic hole in the budget.
The budget deficit this year already is expected to be two trillion dollars.
So for context, that's fifty percent of the existing deficit that would be mailed out.
I think people don't think that it'll happen, but it certainly didn't help the mood.
Until recently, they were brushing off concerns about the bond market.
It was actually kind of surprising, a bit of a head scratcher to a lot of people.
But you know, stocks pay attention to other things like the AI boom.
Now they're very much focusing on what's going on in the bond market and the cost of borrowing.
Showing 1–20 of 229 · page 1 of 12
Next →