Tariffs, Jobs, and the Fed: What Now?

Published on August 7, 2025

As July gave way to August, an eventful news week moved markets. Corporate earnings continued to surprise to the upside.

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Friday’s Employment Bombshell

August 7, 2025
Friday’s employment report produced the greatest downward revision in jobs in over half a century (excluding COVID), This is my interpretation of the fallout:

US Department of Labor applauds President Trump’s action to expand retirement investment options

August 7, 2025
WASHINGTON – U.S. Department of Labor Secretary Lori Chavez-DeRemer and Deputy Secretary of Labor Keith Sonderling released the following statements today applauding President Trump’s latest Executive Order, “Democratizing Access to Alternative Assets for 401(k) Investors.”“The federal government should not be making retirement investment decisions for hardworking Americans, including decisions re