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Ken McElroy Show

Jackson Hole BOMBSHELL! Here’s Everything You Missed

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8692 Ratings

🗓️ 26 August 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

Ken & Danille McElroy break down how the Fed is signaling rate cuts as early as September, but political pressure from Trump and sweeping housing proposals could change the market even faster. From refinances and rising prices to new mortgage innovations and the fight over Fed independence, here’s what you need to know to prepare for the shifts ahead.

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Checkout KenPro - Ken's Education Platform: https://ken-mcelroy.learnworlds.com

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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.

Ken's company: https://mccompanies.com

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DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind.

Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this podcast. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate.

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Transcript

Click on a timestamp to play from that location

0:00.0

Fed just flipped with now Powell discussing possible rate cuts in September.

0:08.8

But the question is, is the economy so weak that it's not going to matter?

0:14.7

I know. So do you think this is Trump?

0:17.8

No.

0:18.4

No, I don't know. I don't know. He's saying it's not, but let's dig in a little bit more.

0:23.5

You know, let's talk about his message at Jackson Hole because everybody was hanging on that

0:27.7

last week, right? Yeah, Jerry, if you can pull up clip one. Powell said, nonetheless, with policy

0:34.1

and restrictive territory, the baseline outlook and the shifting balance of risks

0:38.4

may warrant adjusting our policy stance. And then he starts to focus on the labor market.

0:45.0

So he says, while the labor market appears to be in balance, it's a curious kind of balance

0:50.4

that results from a market slowing in both the supply and demand for workers.

0:55.1

This unusual situation suggests that downside risk to employment are rising. And if those

1:00.3

risks materialize, they can do so quickly. All right. See, he didn't use the word AI.

1:05.2

Well, so I actually was thinking, Lex. So, kind of you always talk about AI and it gets annoying,

1:09.4

but I am going to tell you that I do agree with you on this is that I do think Powell is weighing in on AI because he said there's no supply or demand for workers.

1:20.8

And so it's kind of getting hit from both sides.

1:23.4

So the job market is in unforeseen.

1:25.6

They're out of touch, man.

1:27.1

Like, like, I don't know. I have friends in the field. You have friends in the field. The employment market is not good right now. It's not. Right? Like, I mean, you know, maybe it is in some areas, guys. But, you know, it's moving fast. And, you know, and I think it's way worse than it's being reported

1:46.5

personally. But before we get into that, let's talk about, I think, you know, when he, when Paul

1:53.3

used the word restrictive territory, you know, we dug a little bit deeper. And, and so I want to,

1:59.6

I want to point out to what that actually means.

...

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