US Markets Wrap: Nov private payrolls fall; Fed rate cut expectation elevated

José Torres, Senior Economist, Interactive Brokers, analyses the unexpected fall in private payrolls numbers for November and the consequential impacts for risk assets and Fed rate cuts; the factors driving the divergence between small-business job cuts and hiring at mid-size and large firms; whether there's any weight to Big Short investor Michael Burry's comments about the AI market bubble unwinding within the next two years; and how investors should position themselves in the current environment.     Produced & Presented by Emaad AkhtarSee omnystudio.com/listener for privacy information.