Market Whiplash as Jobs Report Undermines Powell’s Less-Hawkish Speech

November saw a higher-than-expected 263,000 jobs added.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

This episode is sponsored by Nexo.io, Circle and Kraken.

On this edition of the “Weekly Recap,” NLW catches up on the macro landscape, including recapping Federal Reserve Chair Jerome Powell’s speech on Wednesday and how the jobs report released Friday might undermine it as a market signal.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is "Back To The End" by Strength To Last. Image credit: ryasick/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.