Blow-Out Jobs Report is Bad News with John Rubino

July 07, 2023

John Rubino returns… Blow-out jobs report means interest rates have to rise. 10-year Treasury broke 4% this morning. In the past two bubbles interest rates rose along with stocks until the markets broke. We’re repeating that pattern. The Big Toy indicator is flashing: RV and Rolex sales down. Commodities getting whacked. Are we in a bear market? France is burning. A sign of the future? Quality of life in our major cities is rapidly declining. The Supreme Court is issuing some big rulings. What does that mean?

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