Published on: October 22nd, 2021 • Duration: 48 minutes
The September nonfarm payrolls data shed light on how abysmal the number of jobs added in September were: a mere 194,000, which pales in comparison to the 500,000 estimate. With the labor market struggling in its recovery and supply chains facing perpetual bottlenecks, inflation continues to run hot in the economy—the question is, will it persist for much longer than investors are anticipating? Or will we slide back into a deflationary environment? Steven Van Metre, president of Steven Van Metre Financial, joins Real Vision Live to update his macro outlook and share how this will affect a broad array of asset classes such as Treasuries, equities, and more. Interviewed by Maggie Lake, who will be taking live questions from Real Vision Plus members.