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Max from @UNFTR dives into the recent labor data releases from ADP, Challenger Gray & Christmas, and the Department of Labor that show a continuing decline in the labor market. Scott Bessent took to the Hill to defend administration policies in hearings that devolved into an utter fiasco. Blackrock’s Rick Rieder voices concern over the state of the job market. Concerns over Anthropic’s new models and market overspending on AI bleed out into the equities market. All this and more on this week’s Macro Take exclusively on Meidas Touch. Sign up for the FREE weekly UNFTR newsletter https://www.unftr.com/newsletter CHAPTERS 00:00 - Introduction 01:58 - AI and the Stock Market 04:59 - AI and Labor Productivity 07:02 - Manufacturing and Tourism Decline 08:39 - MTN Jobs Report 18:29 - Closing Thoughts EPISODE RESOURCES https://adpemploymentreport.com/ https://www.bls.gov/news.release/jolt... https://www.challengergray.com/wp-con... https://www.dol.gov/ui/data.pdf News Bed by Premium Beat ID# GEEC7LPRJUTIUZRG Visit https://meidasplus.com for more! MeidasTouch relies on SnapStream to record, watch, monitor, and clip the news. Get a FREE TRIAL of SnapStream by clicking here: https://go.snapstream.com/affiliate/m... Support the MeidasTouch Network: / meidastouch Add the MeidasTouch Podcast: https://podcasts.apple.com/us/podcast... Buy MeidasTouch Merch: https://store.meidastouch.com Follow MeidasTouch on Twitter: / meidastouch Follow MeidasTouch on Facebook: / meidastouch Follow MeidasTouch on Instagram: / meidastouch Follow MeidasTouch on TikTok: / meidastouch