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Platypus Economics with Justin Wolfers Podcast
Why The Stock Market Hated May’s Strong Jobs Report | Off the Clock

Why The Stock Market Hated May’s Strong Jobs Report | Off the Clock

Platypus Economics with Justin Wolfers vor 2 Monaten

0:00

51:20

In this episode of Off the Clock, Justin unwinds the week’s
economic news with his friend, Stacey Vanek Smith—senior writer
for Bloomberg Businessweek and cohost of the Everybody’s Business
podcast. The goal of this series is to help you understand what
to actually be concerned about, what you can safely ignore, and
where there’s room for a bit of hope.

They dig into May’s better-than-expected jobs report, the stock
market’s confusing reaction, and the recent concert cancellations
for Trump’s Freedom 250 celebration. Justin argues there’s an
economic story here—especially when you compare the rational
choices of these artists to the tech industry’s relentless
political brown-nosing.

Then—in a new segment—Justin and Stacey take a step back from the
grind of a daily news cycle to appreciate larger economic trends
that give us much more fodder for optimism. First up—inflation
(yes, really!).

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Follow Stacey @svankesmith

Editor’s Note: In this conversation, we mistakenly refer to
Freedom 250 as America250. America250 is a bipartisan initiative
established by Congress in 2016 to commemorate America’s 250th
birthday. Freedom 250 is a separate, public-private initiative
established by the Trump administration via executive order
earlier this year.

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