Summer Data Swoon Puts Fall Taper in Doubt – Ep 728

* Jobs numbers disappoint expectations, but Biden brags.
* Inflation expectations highest since just before 2008 financial crisis.
* AOC pressures Biden to nominate a more woke Fed chair.
* Fed causing a lack of savings, which pushes up asset prices and makes the rich richer.
* Gold prices calling Fed’s bluff on tightening.
* If Bitcoin is better than gold, Ethereum must be better than Bitcoin.
* Markets not sure if bad news is good news or if bad news is bad news.





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