Fed Rate Cut & AI Shock: How Mortgage Rates & Jobs Are Affected

In this episode, I break down why the latest Fed rate cut actually improved mortgage rates and what made this one different. We dig into market expectations, Treasury purchases, and how these moves felt a lot like quiet quantitative easing.We also examine AI as a real economic force: massive investment is boosting productivity and GDP, but not necessarily jobs, challenging assumptions about growth, employment, and household stability.Plus, I share a real-world AI story that exposed the risks of overconfidence, shallow sourcing, and blindly trusting AI tools. A reminder that logic, verification, and human judgment still matter.🧠 Topics We Cover in This EpisodeWhy this Fed rate cut improved mortgage rates when others didn’tHow market expectations and “priced-in” decisions workTreasury purchases and quiet quantitative easingLabor market weakness and missing economic dataAI infrastructure, productivity gains, and their impact on jobsHow AI challenges traditional economic assumptionsReal-world examples of AI overconfidence and errorsUsing AI smarter with verification, logic, and multiple sources👉 This episode is full of smarter insights on rates, jobs, and the forces shaping the economy.🔔 Don’t miss out! Subscribe and stay ahead of the game with Market Shares.📌 New episodes drop every Friday at 10 AM PT!