Initial Jobless Claims Continue to Decline as Core CPI Misses Expectations

Real Vision: Finance & Investing

Real Vision

News, Business News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 13 August 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

DB-Aug12,2021: Real Vision senior editor Ash Bennington and Petr Pinkhasov welcome Weston Nakamura to examine the weekly jobs data, how yesterday’s core CPI actually hit below expectations, and updates on the Poly Network hack as well as a new attack on DAO Maker. Even as the jobless claims data show a third consecutive decline in new unemployment claims, demonstrating a more sustained recovery in the labor market thus far, Nakamura draws attention to the fact that core CPI actually came in below economist expectations, which might be signaling a deceleration in inflation. He unpacks why this was the case and what it means for the economy and markets in the coming months. Bennington also provides an update on the Poly Network hack and discusses a new one on DAO Maker that occurred today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Heard about Magpie, the vegan pie truck that needed a bit of help from Gold Daddy.
0:03.4	One day the owner's a light.
0:04.8	This business hasn't reached this potential.
0:07.2	And the other one goes, we need a bigger piece of the pie.
0:09.9	And then it hits her.
0:11.1	We need Gold Daddy.
0:12.1	Look, we can get a domain name and create an online store,
0:14.8	so we can sell to more customers.
0:16.8	Now they've gone from serving a couple of pies,
0:19.2	the vlogging nationwide.
0:20.9	And now everyone's like,
0:22.3	vegan pies are the new thing around here.
0:25.0	Wait, no me!
0:26.4	Take the next step on your business journey with Gold Daddy.
0:41.2	It's the real vision, daily briefing.
0:43.4	For Thursday, August 12, 2021, I'm Ash Bennington.
0:47.0	We do have a truly great show today,
0:49.5	and all real vision crew coming at you.
0:51.6	Peter, Pink Kassoff, and Weston, Nakamura.
0:54.9	Here's what we're looking at right now in terms of stories.
0:58.4	As you can see from the chart next to me,
1:00.7	it's been a quiet month rather, I should say,
	...

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