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The John Batchelor Show

108: PREVIEW Chris Riegel discusses retail traffic and the latest jobs numbers, which surprised Wall Street. The conversation addresses widespread layoffs at major companies like Target and Amazon. They debate whether these layoffs signal an economic slowdown

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 20 November 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

PREVIEW Chris Riegel discusses retail traffic and the latest jobs numbers, which surprised Wall Street. The conversation addresses widespread layoffs at major companies like Target and Amazon. They debate whether these layoffs signal an economic slowdown or are a result of artificial intelligence replacing employee headcount. Guest: Chris Riegel.

Transcript

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0:00.0

This is John Batchel, a conversation with my good colleague, Chris Regal, in retail around the world and QSR around the world, his company connects.

0:10.3

He sees everything about the traffic out there, foot traffic.

0:14.7

What we come to is the latest jobs number, which was a surprise to the upside for Wall Street.

0:19.5

What does it mean?

0:21.5

In addition, there are all these reports of layoffs at Verizon, Target, other big

0:28.1

stores with big populations like Amazon and Walmarts. Is that the economy slowing or is that

0:36.0

AI replacing headcount? Chris Hensors, there's much more

0:42.6

of this to debate tonight and in coming weeks. Chris Regal, Scholar.com, Scholar Report.

0:49.8

Alleged to be linked to the narco traffickers. And after he stepped down in 2022, the U.S. asked to have him extradited.

1:00.3

And he was, and he was convicted in federal court here in the U.S. for drug trafficking.

1:06.9

So there was this terrible Paul that fell over government, and she ran claiming that she was going to clean up all the corruption and so forth.

1:15.9

So even though she had this close association with the hard left dictatorships in the region, Hondurans went for her because she was promising to give them clean government.

1:28.9

And that has not happened.

1:31.4

But the part, and she's not running for re-election, but the party she's in, which is called

1:35.8

Libre, which means free in Spanish, is, has a candidate on the ballot. And they don't want to leave power.

1:48.7

So even though their candidate is trailing badly behind two other candidates, there's a feeling

1:55.1

because of different things they've been doing that they're going to try to steal the election.

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