<description>&lt;p&gt;US unemployment has jumped to 4.6%, fueled by government layoffs and sector-specific weakness. Tom Storey and VanEck&amp;rsquo;s Cameron McCormack discuss whether this bad news is actually "good news" for those hoping for Fed rate cuts. They explore the rise of "dovish" Fed Chair frontrunner Kevin Hassett, his aggressive 1% inflation target, and the game-changing news that the Nasdaq is moving to 23-hour trading. Is the era of the 9-to-5 market officially over for Australian investors?&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Money News

Money News

Rate Cuts & 23-Hour Trading: The New US Market Reality

DEC 17, 20256 MIN
Money News

Rate Cuts & 23-Hour Trading: The New US Market Reality

DEC 17, 20256 MIN

Description

US unemployment has jumped to 4.6%, fueled by government layoffs and sector-specific weakness. Tom Storey and VanEck’s Cameron McCormack discuss whether this bad news is actually "good news" for those hoping for Fed rate cuts. They explore the rise of "dovish" Fed Chair frontrunner Kevin Hassett, his aggressive 1% inflation target, and the game-changing news that the Nasdaq is moving to 23-hour trading. Is the era of the 9-to-5 market officially over for Australian investors?See omnystudio.com/listener for privacy information.