Jay Pestrichelli is back with Derek Moore to react to the unemployment report. Was it good or bad for the markets and why? Plus, they review the last trade and tariff war from 2017-2018 and how the market actually did pretty well. Later, the latest survey on forward inflation expectations is now over 5%. Finally, they compare MicroStrategy’s implied volatility to Blackrock’s IBIT ETF and whether the options market is undervaluing MSTR’s IV. All that and more this week.

Markets performance back in 2017-2018 when tariffs were enacted

Inflation expectations shoot up due to tariffs

Stock market performance during the 2017-2018 trade and tariff war

MicroStrategy implied volatility

Comparing MicroStrategy volatility to Blackrock’s IBIT Bitcoin ETF

Looking at the breakeven on a long MSTR straddle and the risks

Reviewing the unemployment report

Will unemployment go down due to new government strategic focus?

AI mentions on S&P 500 earnings calls

83% of mortgage holders have an interest rate below 6%

US Non-Farm Payrolls consecutive positive months

BLS forgot to fill in the monthly change on unemployment report?

Mentioned in this Episode

Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT

Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt

Derek’s book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

Contact Derek derek.moore@zegainvestments.com