The End of the Bond Hedge?
Summary
The world’s largest sovereign wealth fund is slashing US Treasury holdings amid bond market volatility, prompting experts to warn of rising fiscal risks. Meanwhile, diesel prices hit record highs, threatening further inflation, as Volkswagen plans massive job cuts to counter foreign competition and tariffs. The episode also covers Tesla’s launch of its autonomous Cybercab, political shifts in US elections, and insights on hiring adaptable job hoppers in a tight labor market.
Topics discussed
Intro, sponsor, and top headlines overview
Norway's wealth fund cuts bond holdings amid volatility
Rising debt servicing costs and fiscal crisis risks
Diesel prices hit all-time high due to tensions
VW approves 100k job cuts and restructuring plan
Trump admin appeals ballot rules; new Army secretary
Tesla launches steering-wheel-free Cybercab in Austin
Jobs report preview and benefits of job hoppers
Outro and Fisher Investments sponsor message
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