First Friday: We Were Wrong About 258,000 Jobs (This Changes Everything)
First Friday: We Were Wrong About 258,000 Jobs (This Changes Everything)  
Podcast: Afford Anything
Published On: Fri Aug 01 2025
Description: #630: Interesting observations about the current housing market, meme stocks (again), GDP, Fed Meeting, Stock Market, and the latest Jobs Report updates. Timestamps: Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths. 00:00 Introduction to Economic Turmoil 01:21 Jobs Report According to the BLS 09:23 Impact of Tariff Negotiations 12:36 The Broader Trade Landscape 16:04 Stock Market Reactions 24:11 GDP and Inflation Insights 31:52 The Fed’s Steady Hand (Interest Rates) 39:55 Housing Market Dynamics 39:40 Affordability Crisis in Real Estate 50:23 The Return of Meme Stocks Resource mentioned: Spencer Jakab on The GameStop Revolution For more information, visit the show notes at https://affordanything.com/episode630 Learn more about your ad choices. Visit podcastchoices.com/adchoices