Dios, Finanzas, Éxito y Cómo crear abundancia en pareja | Andrés Gutiérrez | #461 SINERGÉTICOS
<p>🐝 ¡Sinergéticos! En este episodio conversamos con Andrés Gutiérrez, experto en finanzas personales y crecimiento económico, creador de programas como Transforma tus finanzas en 30 días y autor del libro Más Amor Más Dinero, diseñados para enseñar a ordenar el dinero, invertir con inteligencia y construir seguridad financiera desde cero. A través de su método práctico y claro, miles de familias han logrado salir de deudas, planear su retiro y tomar control de su economía para crecer de forma sostenible y sin complicaciones.</p><p> </p><p>Learn more about your a...
1 hr 18 min
2025 December 18
Técnicas para potencializar tu mejor versión | Gaby Zermeño | #457 SINERGÉTICOS
<p>DESCRIPCIÓN</p> <p>🐝 ¡Sinergéticos!</p> <p>En este episodio conversamos con Gaby Zermeño, una de las maestras de yoga más reconocidas de América Latina, con más de 25 años de trayectoria en yoga terapéutico, meditación, medicina energética y filosofía del bienestar. Gaby ha dedicado su vida a guiar personas hacia el equilibrio físico, emocional y espiritual integrando técnicas de yoga, respiración, sanación energética y meditación para que el bienestar trascienda más allá del tapete.</p><p> </p><p>Learn more about your ad choices. Visit megap
Minnesota's Dynamic Job Market Navigates Economic Shifts: Emerging Sectors and Evolving Workforce Demands
Minneapolis's job market remains dynamic with 78,394 positions currently available across diverse sectors ranging from delivery and education to specialized instruction roles. The broader economic context shows unemployment at 4.4 percent as of September 2025, representing the highest rate in nearly four years following a period of unusually low joblessness. National job growth added 117,000 positions in September, below the decade-long monthly average of 146,000, indicating a cooling labor market.<br /><br />Minnesota's economy benefits significantly from its Fortune 500 presence, with 17 companies headquartered in the state as of 2025. Major employers including Target, UnitedHealth Group, and General Mills drive regional employment, though these corporations have faced...
Bay Area Job Market: High-Skill Opportunities, Heightened Competition, and Evolving Trends
The San Francisco Bay Area job market remains tight but cooling, with low unemployment alongside slower hiring and elevated layoffs in tech and related industries. Listeners should think of it as a high-skill market with strong long‑term prospects but more competition and selectivity than during the last boom.<br /><br />Regional unemployment is historically low, roughly in the mid‑3 to low‑4 percent range recently, though local rates vary by county and city. Data gaps include the most current month‑by‑month breakdown for 2025 by subregion and occupation, and timely statistics on discouraged workers and underemployment, which means conditions may feel softe...
Podcasts
New York City's Evolving Job Market: Healthcare Booms, Tech Sector Slows Amid Economic Uncertainty
New York City's job market reflects broader national trends of slower hiring amid economic uncertainty. As of late 2025, the city maintains an unemployment rate of 4.5 percent with average yearly income around 86,558 dollars and job growth at 3.5 percent. The National Retail Federation projects that retailers' payrolls will expand by between 265,000 and 365,000 positions nationally between November and year-end, though this represents a notable decline from the 440,000 added during the same period last year, tracking with slower hiring throughout 2025.<br /><br />New York City's employment landscape shows divergent patterns across sectors. Healthcare and education continue adding positions, providing economic stability, while white-collar sectors...
Bay Area Resilience: Crypto Drives Growth Amid National Hiring Challenges in 2025
The San Francisco Bay Area job market in 2025 shows resilience amid national slowdowns, with tech and crypto sectors driving growth despite broader hiring challenges. Coinlaw reports the Bay Area as the top global crypto employment hub, hosting over 20 percent of U.S.-based crypto roles, while CBS News notes a cooling market with job cuts rising 65 percent through October and private employers shedding 32,000 positions last month. Specific unemployment rates for the region are unavailable in recent data, highlighting a gap in localized statistics from sources like the Bureau of Labor Statistics.<br /><br />Major industries include technology, finance, and aviation...
The Dynamic San Francisco Job Market: Tech, Biotech, and the Rise of AI-Driven Disruption
The San Francisco Bay Area job market remains dynamic and highly competitive, with around 125,000 open positions reported by Indeed as of November 2025. The region, often considered the innovation hub of the United States, features a wide array of employment opportunities, from tech startups to established public sector roles. The Federal Reserve reports an unemployment rate of 4.3% in August 2025, aligning closely with national averages and indicating steady labor market conditions. Major industries driving employment include technology, healthcare, biotech, financial services, education, and public administration, with key employers like Google, Meta, Kaiser Permanente, Stanford University, and government agencies such as the City...
Seattle Job Market Shifts: Competition Rises, Flexible Work Sought
The Seattle job market has shifted significantly in 2025, with employment opportunities becoming more competitive and overall hiring activity slowing. According to recent reports, the region is past its peak for tech employment, and the broader labor market is experiencing a notable decline in job creation. The number of job postings has surged in some sectors, but competition for roles remains fierce, with many listeners applying to hundreds of positions and facing limited success. Employment statistics show that new graduate hiring is down about 50 percent from pre-pandemic levels, and entry-level salaries are lower than expected, with recent college graduates earning an...
Navigating the Washington, D.C. Job Market: Insights and Strategies
I appreciate your detailed instructions, but I need to be transparent about a significant limitation: the search results provided do not contain specific information about the job market in Washington, D.C. The available data focuses on national employment trends, including the September 2025 BLS report showing 119,000 jobs added nationwide with an unemployment rate of 4.4%, and information about youth unemployment reaching 10.4%.<br /><br />To provide an accurate, factual report on Washington, D.C.'s specific job market with reliable employment statistics, industry breakdowns, major employers, local trends, and current job openings in the district, I would need search results that contain...
Seattle's Thriving Tech Hub: Robust Job Market, Remote Work, and Affordable Living
Seattle's job market remains robust with the city ranking among the top tech hubs in the United States. The region hosts the highest remote work rate at 36 percent compared to other major tech cities, combining solid salaries with a strong job market and more affordable living costs than competing cities like San Francisco. The city benefits from a thriving technology sector alongside diverse employment opportunities across multiple industries.<br /><br />The employment landscape in Seattle reflects strong demand across various sectors. According to recent economic data, the tech workforce continues to expand, with more than 5.9 million people holding tech jobs...
D.C.'s Cooling Job Market: Federal Cuts, Suburban Resilience, and Emerging Opportunities
Washington, D.C.'s job market in late 2025 faces significant challenges amid federal layoffs and economic uncertainty. The employment landscape reflects a cooling national trend, with local impacts amplified by government workforce reductions under the Trump administration, including civil service protections removed and agencies targeted by DOGE initiatives, as reported by Axios Washington D.C. Bureau of Labor Statistics data for September shows the D.C. metro area's non-seasonally-adjusted unemployment rate at 4.1%, up from 3% a year prior, with unemployed residents spiking 34% to 143,376, led by a 39% rise in the District itself. Arlington saw a 34% year-over-year increase to 3.2%, per Virginia Department of...
"Minneapolis Evolves: Navigating Automation, Restructuring, and Emerging Opportunities in the Twin Cities"
Minneapolis maintains a dynamic job market characterized by significant corporate activity and ongoing restructuring. The region serves as a major employment hub with Target's substantial headquarters presence, though the company has undertaken major workforce adjustments. In October, Target announced the elimination of 1,800 corporate positions, approximately 8 percent of its global office workforce, with notifications occurring in late October affecting roughly 1,000 employees and closing 800 unfilled positions. This reflects broader trends impacting the Twin Cities economy.<br /><br />The Minneapolis labor landscape shows mixed signals regarding employment prospects. Young college graduates ages 23 to 27 face a 4.8 percent unemployment rate as of June 2025, indicating heightened...
Foreign Affairs Editor Daniel Kurtz-Phelan on Shifting Views of China
<p>This week on Sinica, I chat with Daniel Kurtz-Phelan, editor of Foreign Affairs, about how the journal has both shaped and reflected American discourse on China during a period of dramatic shifts in the relationship. We discuss his deliberate editorial choices to include heterodox voices, the changing nature of the supposed "consensus" on China policy, and what I've called the "vibe shift" in how Americans across the political spectrum think about China. Daniel also reflects on his own intellectual formation, including his work on George Marshall's failed mission to mediate China's Civil War and the cautionary lessons that history...
Lizzi Lee on Involution, Overcapacity, and China's Economic Model
<p>This week on Sinica, I chat with Lizzi Lee, a fellow on the Chinese economy at the Asia Society Policy Institute and one of the sharpest China analysts working today. We dig into the 4th Plenary Session of the 20th Party Congress and what it reveals about China's evolving growth model — particularly the much-discussed but often misunderstood push against "involution" in key sectors like EVs and solar. Lizzi walks us through the structural incentives driving overcompetition, from local government finance and VAT collection to the challenges of rebalancing supply and demand. We also discuss her recent Foreign Affairs piece on...
D.C.'s Volatile Job Market: Layoffs, Cooling Demand, and Housing Challenges in 2025
Washington, D.C.’s job market in late 2025 has become notably more volatile, with the employment landscape shifting due to federal workforce reductions, sectoral cooling, and external policy shocks. According to New America, the Trump administration’s layoffs and buyouts of tens of thousands of federal workers in recent months have caused D.C.’s unemployment rate to spike to the highest in the nation, hitting 4.3 percent in August 2025, as also referenced by Federal Reserve Vice Chair Philip Jefferson. This high follows long-term reliance on government employment as an economic anchor for the city.<br /><br />The city’s core employme...
Finbarr Bermingham of the SCMP on Nexperia, Export Controls, and Europe's Impossible Position
<p>This week on Sinica, I welcome back Finbarr Bermingham, the Brussels-based Europe correspondent for the South China Morning Post, about the Nexperia dispute — one of the most revealing episodes in the global contest over semiconductor supply chains. Nexperia, a Dutch-headquartered chipmaker owned by Shanghai-listed Wingtech, became the subject of extraordinary government intervention when the Netherlands invoked a Cold War-era emergency law to seize temporary control of the company and suspend its Chinese CEO. Finbarr's reporting, drawing on Dutch court documents and expert sources, has illuminated the tangled threads of this story: preexisting concerns about governance and technology transfer, mounting U...
The Single Most Important Metric | Matt Reustle on the Patterns That Separate Great Businesses
<p>We are including this episode from our separate show Teach Me Like I'm Five in the Excess Returns feed. If you would like to continue receiving new episodes, subscribe using the links below.</p><p><br></p><p>In the episode, we sit down with Business Breakdowns host Matt Reustle to discuss how he breaks down businesses and the common characteristics that the best businesses he has looked at share. </p><p><br></p><p>Subscribe on Spotify</p><p>https://open.spotify.com/show/7zu6lFpPohoPKhcu0Er9kB</p><p><br></p><p>Subscribe on Apple Podcasts</p><...
The Shifting D.C. Job Market: From Federal Dominance to a Diversified Knowledge Economy
Washington, D.C.’s job market remains relatively strong but is clearly cooling, shaped by its unique mix of federal government, professional services, and education and health employers. According to the Bureau of Labor Statistics, the Washington–Arlington–Alexandria metro typically posts an unemployment rate slightly below the national figure, which was 4.6 percent in November 2025, suggesting a still-functioning but less dynamic labor market. The employment landscape is dominated by the federal government, contractors, law firms, consulting and lobbying firms, universities such as Georgetown and George Washington, hospital systems like MedStar and Johns Hopkins affiliates, and large hospitality and nonprofit employers. BLS an...
Washington DC's Resilient Job Market Defies National Trends
Washington, D.C.'s job market remains robust, anchored by federal government stability amid national economic pressures like slowing wage growth and an affordability crisis. The employment landscape features over 760,000 jobs, with the unemployment rate steady at around 4.4% as of late 2025, per recent Bureau of Labor Statistics data adjusted for a federal shutdown's survey impacts. Key statistics show employment growth in government and professional services, though manufacturing openings rose modestly to 3.1% in durable goods sectors according to the National Association of Manufacturers.<br /><br />Major industries include federal government employing about 300,000, professional and business services at 20% of jobs, and healthcare...
New York City's Evolving Job Landscape: Tech, Health, and Green Sectors Lead the Way
New York City’s job market remains large and diverse but is cooling from the rapid post‑pandemic rebound. According to the New York State Department of Labor and recent Bureau of Labor Statistics metro data, the city’s unemployment rate has hovered around the mid‑4 to low‑5 percent range in late 2025, slightly above the national average, reflecting slower hiring and more people reentering the labor force. The employment landscape is dominated by services: professional and business services, health care and social assistance, finance and insurance, information and media, education, hospitality, and retail. Major employers include the City of New York, NYC...
Seattle's Evolving Job Market: Tech Resilience, AI Upskill Opportunities
Seattle's job market remains robust yet challenged by tech sector volatility, with Washington state's unemployment rate steady at 4.5 percent in September 2025 according to the U.S. Bureau of Labor Statistics. Nonfarm payroll employment hovers around 3.67 million jobs statewide, showing minimal change over the year as the Bureau of Labor Statistics reports. Key industries include technology, aerospace, healthcare, and retail, dominated by employers like Amazon, Microsoft, Boeing, and Starbucks. Growing sectors feature AI-driven tech roles and biotech, though construction openings dropped 18,000 nationally in October per Associated Builders and Contractors, with Seattle mirroring this slowdown.<br /><br />Trends indicate a cooling market...
Philadelphia's Resilient Job Market: Steady Growth, Cautious Outlook, and Emerging Opportunities
Philadelphia's job market remains resilient amid national uncertainties, including the 2025 federal government shutdown that disrupted October data collection according to the Bureau of Labor Statistics. The employment landscape features steady growth in professional services, healthcare, and education, with major employers like Comcast, Cencora, universities, and hospitals driving opportunities. Key statistics show national unemployment hovering around 4.4 to 5.1 percent per Trading Economics forecasts, though Philadelphia-specific figures for late 2025 are unavailable due to BLS data gaps from the shutdown; local manufacturing sentiment dipped to negative 1.7 in the Philadelphia Fed index.<br /><br />Trends indicate softening payrolls with national estimates at 35,000 to 50,000 jobs added...
Strong GDP and Stocks 12/23/25
<p>Scott Wapner and the Investment Committee debate what effect a strong GDP will have on stocks and what it means for your money. Plus, we hit the latest Calls of the Day. And later, Jenny Harrington shares her top dividend plays for 2026. </p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
Murder House: Zhong Na on the Silicon Valley Tragedy That Exposed the Cracks in China's Meritocracy
<p>This week on Sinica, I speak with Zhong Na, a novelist and essayist whose new piece, "Murder House," appears in the inaugural issue of Equator — a striking new magazine devoted to longform writing that crosses borders, disciplines, and cultures. In January 2024, a young couple, both Tsinghua-educated Google engineers living in a $2.5 million Silicon Valley home, became the center of a tragedy that captivated Chinese social media far more than American outlets. Zhong Na explores how the case became a collective Rorschach test — a mirror held up to contemporary Chinese society, exposing cracks in the myths of meritocracy, the prestige of g...
Nothing Has a Right to Exist in Your Portfolio | What the Last 15 Years Has Taught Us
<p>In the latest episode of Click Beta, Matt Zeigler, Dave Nadig and Cameron Dawson take a look back at 2025 and a look forward to 2026. Subscribe to Click Beta via the links below. </p><p>Follow Click Beta:</p><p><br></p><p>Spotify</p><p>https://open.spotify.com/show/0u1fxie4C4vHXIJPUMhvUs</p><p><br></p><p>Apple Podcasts</p><p>https://podcasts.apple.com/ky/podcast/click-beta/id1793929457</p><p><br></p><p>YouTube:</p><p>https://www.youtube.com/excessreturns</p><p></p>
The Precarity Line | Ben Hunt and Adam Butler on the Broken Math of the American Dream
<p>In this special episode, Adam Butler and Ben Hunt join Matt Zeigler to unpack one of the most charged debates in markets and economics today: whether our official statistics still reflect lived reality. Building on Mike Green’s work and Adam Butler’s essay The Bureau of Missing Children, the conversation moves beyond the technical definition of poverty to a deeper idea of economic precarity, the growing gap between what we measure and what people actually experience. Together, they explore debt, housing, childcare, labor mobility, AI, and the erosion of meaning in economic language, while wrestling with what policy, comm...
Minneapolis Job Market Resilient Amid National Softening: Opportunities in Healthcare, Finance, and Tech
The Minneapolis job market remains stable amid national softening, with online job ads ticking up slightly from 94.6 thousand in October to 96.3 thousand in November 2025 according to The Conference Board and Lightcast data. Employment landscape shows resilience in a metro area bolstered by healthcare, finance, and manufacturing, though national trends like AI-driven burnout and career gaps affect 25 percent of job seekers with year-long pauses per BizJournals. Key statistics include a house price index rising to 601.24 in Q3 2025 from 581.66 a year prior per FRED St. Louis Fed, signaling housing pressures amid 6 percent year-over-year active listings growth per The Mortgage Reports. Unemployment rate...
The View from Behind Xi Jinping's Desk, with Jonathan Czin
<p>This week on the Sinica Podcast, I speak with Jonathan Czin, the Michael H. Armacost Chair in Foreign Policy Studies and a fellow at the Brookings Institution’s John L. Thornton China Center. His new essay in Foreign Affairs, “China Against China: Xi Jinping Confronts the Downsides of Success,” challenges the dominant Western narrative of Xi Jinping as either Mao reincarnate or a brittle autocrat presiding over imminent collapse. Instead, Czin argues that Xi’s most illiberal reforms can be understood as attempts to cure the pathologies of China’s own success. We discuss his framing of Xi’s “Counterreforma...
New York City's Shifting Job Landscape: Resilience Amid Corporate Restructuring
New York City's job market remains competitive yet challenged, reflecting broader economic uncertainties facing the nation. As of August 2025, New York State's unemployment rate stood at 4.9 percent, down from 5.5 percent earlier in the year, though Queens specifically maintained a slightly elevated rate of around 5.2 percent. The citywide market continues to be shaped by significant corporate restructuring, with New York firms cutting 81,700 workers, representing a 20 percent increase from the previous year. Major employers like Verizon announced substantial workforce reductions of 13,000 workers in November alone.<br /><br />The employment landscape remains concentrated in key sectors including technology, healthcare, hospitality, manufacturing, and finance...
Washington DC's Shifting Job Landscape: High-Skill Services, Hybrid Work, and Evolving Wage Policies
The Washington, D.C. job market remains relatively strong but cooling, with high labor-force participation and slower hiring than during the post‑pandemic boom. The Bureau of Labor Statistics’ most recent metropolitan data before the federal shutdown showed the District’s unemployment rate hovering near 4 to 4.5 percent, slightly above its recent lows but close to the national average. According to the Bureau of Labor Statistics and the District of Columbia Department of Employment Services, total nonfarm employment in the Washington metro area has been growing modestly, led by professional and business services, education and health services, and government. Federal, D.C. gov...
The Key Questions for 2026 12/22/25
<p>Scott Wapner and the Investment Committee debate the three key questions for stocks in 2026. Plus, the Committee shares their latest portfolio moves. And later, we hit the latest Calls of the Day. Josh Brown also spotlights a sector in his "Best Stocks in the Market." </p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
D.C.'s Challenging Job Market: Efficiency Drives Cuts, Uneven AI Impacts, Shifting Workforce Dynamics
Washington, D.C.'s job market in late 2025 reflects a challenging landscape marked by federal workforce reductions and efficiency-driven private sector cuts. Business Insider reports that the "efficiency" push, fueled by AI adoption and economic pressures like high interest rates, inflation, and tariffs, has led to widespread layoffs and hiring freezes across tech, finance, airlines, retail, and media, with white-collar roles hit hardest. The U.S. unemployment rate reached 4.6% in November 2025, the highest since 2021, per BlackRock strategists, partly due to 265,000 federal job losses from the Department of Government Efficiency (DOGE) initiative under President Trump, as noted by Business Insider. Evrimagaci...
Washington DC's Resilient Job Market Amid National Shifts
Washington, D.C.'s job market remains stable yet challenged by a high unemployment rate of 6.2 percent in September 2025, up 0.9 percentage points from the prior year according to the Bureau of Labor Statistics. Nonfarm payroll employment showed essentially no change over the year, with total jobs around 790,000, while the national rate stood at 4.4 percent. Major industries include government employing 228,700 workers, education and health services at 126,000, and leisure and hospitality at 78,000 as per BLS data. Key employers are federal agencies like the Departments of Defense and Treasury alongside institutions such as George Washington University and major hospitals.<br /><br />Growing sectors...
Seattle's Dynamic Job Market: Tech, Healthcare, and Sustainability Driving Growth
Seattle's job market today remains dynamic, supported by robust technology, logistics, and healthcare sectors, according to Altus Research and UC Berkeley Haas School of Business. Unemployment in the city is historically low, with hiring steady even as broader tech layoffs—Amazon among them—draw headlines. The Bureau of Labor Statistics September 2025 report notes that job growth continues, but slightly softer momentum is evident in office-related sectors, hinting at a cautious labor environment moving into 2026. Seattle stands out as a leading STEM hub, following Austin and ahead of Boston and Denver, thanks to high demand for software, engineering, and biotech talent.<br...
Bay Area's Job Market Cools, AI Roles Surge, Skills Training Key for Resilience
The San Francisco Bay Area job market shows a cooling landscape amid national slowdowns, with overall U.S. job postings down 8 percent year-over-year per Exponential View, though AI roles like machine learning engineers surged nearly 40 percent. Employment has softened, as Conference Board data indicates San Francisco online labor demand rose modestly to 105.7 in November from 99.8 prior, while California's unemployment ticked up in September according to state reports, mirroring a national rate of 4.6 percent from the Labor Department. Key statistics highlight U.S. employers adding just 64,000 jobs in November, with projections for only 62,000 new California jobs next year due to high...
New York City's Dynamic Job Market: High-Skilled Immigration, Shifting Sectors, and Hiring Trends in 2025
The New York City job market in late 2025 remains dynamic, complex, and shaped by global, technological, and political forces. According to the National Foundation for American Policy, New York City led the nation in H-1B visa approvals for new employment in 2025, with 7,811 petitions, reflecting its continued dominance as a hub for high-skilled workers in technology, finance, education, healthcare, and professional services. The metropolitan area's unemployment rate, based on the most recent Bureau of Labor Statistics data, is about 5.6%, higher than the national rate but consistent with other major urban centers. The sectoral distribution is shifting: finance, technology, healthcare, education...
Magnet Above. Trap Door Below | Inside the Options Flows Driving Markets with Brent Kochuba
<p>Brent Kochuba takes a look behind the scenes at the options flows driving the market heading into the December options expiration and the end of 2025. </p><p>Subscribe on Spotify</p><p>https://open.spotify.com/show/4KR2YVJqk2lnVETMKDavJf</p><p><br></p><p>Subscribe on Apple Podcasts</p><p>https://podcasts.apple.com/us/podcast/the-opex-effect/id1711880009</p><p><br></p><p>Subscribe on YouTube</p><p>https://www.youtube.com/channel/UCPYvx_y92dvI1PSdiho0ALw</p><p></p>
Philadelphia's Shifting Job Landscape: Steady but Cooling, Driven by Eds, Meds, and Evolving Suburbs
Philadelphia’s job market is steady but cooling, with slowing hiring and slightly higher unemployment than a year ago. According to the U.S. Bureau of Labor Statistics, the Philadelphia metropolitan area’s unemployment rate recently hovered around the mid‑4 percent range, close to the national rate of 4.6 percent reported for November 2025, indicating a labor market that is no longer red‑hot but not in recession either. Philadelphia Fed charts on MSA employment growth show modest job gains concentrated in health care, education, hospitality, and professional services, while manufacturing and some office-based roles are flat or declining. Data gaps include the very...
The State of Stocks 12/16/25
<p>Scott Wapner and the Investment Committee discuss the state of stocks as one firm says investors are more bullish than they've been in years. The experts detail their latest portfolio moves. Calls of the Day include Digital Realty, Coinbase, Costco, Gap, GE Aerospace, and GE Vernova. Sarat Sethi joins with a Trade Alert on his new buy and two sells. </p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
The Minneapolis Job Market: Resilience and Shifts Amid Cooling but Stable Conditions
Minneapolis listeners are seeing a job market that is cooling from the post‑pandemic boom but still characterized by relatively high employment, steady job creation, and rising unemployment as more people re‑enter or remain in the labor force. The U.S. Bureau of Labor Statistics Midwest office reports that the Minneapolis–St. Paul labor market now totals roughly 1.5 million workers, with the metro unemployment rate hovering around the low‑4 percent range in late 2025, up from closer to 3 percent a year earlier, signaling softer but not recessionary conditions. A Minneapolis–St. Paul Economic Summary from BLS in September 2025 shows that total nonf...
Mark Sidel on China's Oversight of Foreign NGOs: Eight Years of the Overseas NGO Law
<p>This week on Sinica, I speak with Mark Sidel, the Doyle Bascom Professor of Law and Public Affairs at the University of Wisconsin-Madison and a senior fellow at the International Center for Not for Profit Law. </p><p>Mark has written extensively on law and philanthropy in China and across Asia, including widely cited analyses of how the Chinese security state came to play a central role in managing foreign civil society organizations. Since the Law on the Management of Domestic Activities of Overseas NGOs took effect on January 1, 2017, China has introduced a remarkably comprehensive, vertically integrated system of...
The Existential Spending Battle | Adrian Helfert on What You’re Missing in the AI Arms Race
<p>In this episode of Excess Returns, we sit down with Adrian Helfert of Westwood to discuss how investors should be thinking about portfolio construction in a market shaped by artificial intelligence, high levels of concentration, shifting interest rate dynamics, and evolving economic signals. The conversation covers how AI-driven capital spending is changing return profiles across markets, why traditional investing rules are breaking down, and how investors can balance growth, income, and risk in an uncertain environment. Adrian shares his framework for understanding return drivers, his views on market concentration and valuation, and how to think about diversification, macro risk...
Halftime Report: 12/26/25
<p>Listen to the Street’s top investors get to the heart of the action as it’s happening and help set the agenda for the rest of the day.</p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
New York City's Evolving Job Market: Cooling but Resilient in the Post-Pandemic Era
New York City’s job market remains large and diverse but is cooling from the post‑pandemic surge. According to the New York State Department of Labor, the New York City unemployment rate in late 2025 is hovering around the mid‑4 percent range, slightly above the U.S. rate reported by the Bureau of Labor Statistics, reflecting a softer but still functioning labor market. Total employment in the city is near or slightly above its pre‑COVID peak, with slower monthly job gains than in 2022–2023. The employment landscape is dominated by services: professional and business services, health care and social assistance, finance an...
New York City's Evolving Job Market: Growth, Shifts, and Equity Initiatives
New York City’s job market remains large and diverse, with employment growing modestly but slowing compared with the immediate post‑pandemic rebound. The New York State Department of Labor reports that New York City has roughly 4.1 to 4.2 million nonfarm jobs, with year‑over‑year gains concentrated in health care, professional and business services, and leisure and hospitality. According to the New York State Department of Labor, the city’s unemployment rate has recently hovered around 5 to 6 percent, above the statewide average of about 4.2 percent reported by the U.S. Bureau of Labor Statistics for New York in September 2025, reflecting ongoing ch...
Bay Area Job Market Shifts Amid Tech Restructuring and Emerging Sectors
The San Francisco Bay Area job market is in a mixed but improving phase, with renewed momentum driven by artificial intelligence, healthcare, and services despite ongoing tech restructuring. According to the U.S. Bureau of Labor Statistics and regional analysts, metro San Francisco–Oakland–Berkeley unemployment is hovering in the mid‑4 percent range, slightly above pre-pandemic lows but below the national peak, reflecting a softer yet far from collapsed labor market. Local observers at the University of San Francisco report that health care, finance, education, and nonprofits are actively hiring, while AI startups and renewed downtown activity are helping San Franci...
TENER TODO EL DÍA OCUPADO ES LA NUEVA POBREZA | Juan Carlos Barrios | #463 SINERGÉTICOS
<p>🐝 ¡Sinergéticos!</p> <p>En este episodio conversamos con Juan Carlos Barrios, empresario, conferencista y autor bestseller con más de 30 años de trayectoria en productividad, liderazgo y crecimiento personal. CEO de Editorial WAS, ha publicado y promovido más de 120 libros de desarrollo humano, ha dictado miles de conferencias en múltiples países y ha sido mentor de cientos de emprendedores para potenciar sus negocios y su impacto. Su historia combina experiencia empresarial, enseñanza práctica y un enfoque humano para inspirar a otros a alcanzar su máximo potencial.</p><p> </p><p>Learn more about yo...
The Bay Area's Dual Economic Pressures: Tech Boom vs. Federal Workforce Cuts and Immigration Impacts
The San Francisco Bay Area job market currently has approximately 84,000 open positions as of November 28, 2025. The region continues to experience significant economic shifts driven by technology sector activity, federal policy changes, and immigration enforcement impacts.<br /><br />Office recovery in San Francisco shows remarkable momentum compared to other major metros. The city led year-over-year office visit growth at 9.6 percent in recent months, outperforming Chicago and other major markets. This recovery has been bolstered by increased AI-sector leasing activity and accumulating return-to-office mandates from tech companies. Despite these gains, San Francisco office attendance remains approximately 44.6 percent below pre-pandemic 2019 levels.<br /><br />...
DC's Shifting Job Market: Trends, Challenges, and Opportunities in 2025
Washington, D.C.’s job market in late 2025 is marked by ongoing change, influenced by both national trends and unique local conditions. According to the Bureau of Labor Statistics, the broader U.S. labor market saw significant downward revisions to job growth from 2024 to 2025, with the total number of jobs added being much lower than initially reported. Unemployment in the D.C. metropolitan area reached around 4.4 percent this fall, up about one percentage point from the previous year, yet still considered low by historical standards. Some groups, such as Black workers and younger adults, are facing higher unemployment rates, with Bl...
Fresh AI Jitters Shake the Market 12/12/25
<p>Scott Wapner and the Investment Committee debate the headline that Oracle is delaying data centers to 2028 from 2027 and what it means to the AI trade and the market. CNBC's Seema Mody joins us with the latest out of Oracle. Plus, the Committee shares there many portfolio moves. And later, we hit the latest Calls of the Day. </p><p> </p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
Seattle's Job Market: Cooling but Still Robust, Uneven Growth, and Housing Affordability Challenges
Seattle’s job market is cooling from its post-pandemic peak but remains relatively strong and diversified. The City of Seattle’s October 2025 economic outlook reports that regional employment growth has slowed and is expected to stay under 1% annually through at least 2026, reflecting a weaker but still expanding labor market. The Washington Economic and Revenue Forecast Council notes statewide unemployment around the mid‑4% range and projects it rising toward about 4.9% by 2027, indicating a gradual softening rather than a sharp downturn. Tech remains central but more volatile: Microsoft, Amazon, and other large employers have implemented layoffs and slower hiring, while cloud computing, AI, an...
Philadelphia's Resilience Amid National Challenges: Small Businesses Adapt Amid AI and Economic Shifts
Philadelphia's job market reflects national challenges amid a robust economy growing at 4.3% annualized GDP pace per Moody's Analytics chief economist Mark Zandi, yet with unemployment at 4.6%, the highest since 2021 according to Bureau of Labor Statistics data. The employment landscape shows slow job growth, with the U.S. adding 64,000 jobs in November after losing 105,000 in October as reported by government figures, though Philadelphia-specific stats are limited in recent sources. Key statistics include a tough market where job seekers outnumber openings for the first time in four years, per The Conference Board consumer confidence data.<br /><br />Trends indicate AI disrupting white-collar...
Minneapolis Job Market Sees Mixed Signals Amid MN Economic Headwinds
Minneapolis's job market reflects the broader economic conditions facing Minnesota, with moderate wage growth and mixed employment signals. As of October 2025, the average hourly wage in Minneapolis stands at 22 dollars and 20 cents per hour, translating to an annual salary of approximately 46,183 dollars for standard positions. The regional economy faces headwinds, with Minnesota lagging several other states in key economic indicators including declining labor force participation and shrinking income growth.<br /><br />The unemployment landscape shows concerning trends. The U.S. economy added 119,000 jobs in September, yet the unemployment rate climbed to 4.4 percent, higher than economists anticipated. Minnesota's employment picture appears...
Cómo usar el salario mínimo para alcanzar la libertad financiera | Alejandro Cardona | #456 SINERGÉTICOS
<p>🐝 ¡Sinergéticos! Si deseas aprender a generar riqueza, regístrate aquí: https://seminariocreandoriqueza.com/serratos</p> <p>En este episodio conversamos con Alejandro Cardona, economista, MBA, inversionista y fundador del Seminario Creando Riqueza, un programa de educación financiera que ha ayudado a miles de personas latinoamericanas a invertir, construir patrimonio y desarrollar una mentalidad de abundancia. Con décadas de experiencia en mercados financieros, Alejandro ha demostrado que con disciplina, estrategia y conocimiento, cualquiera puede pasar de la incertidumbre a la libertad financiera.</p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</p>
Bay Area's Slowing Job Market Reflects National Trends of Wage Inequality
The San Francisco Bay Area job market reflects broader national trends of a slowing labor market with persistent wage inequality. California experienced a significant 3.1 percent drop in private sector employment following immigration enforcement actions, marking the second largest employment decline since the COVID-19 pandemic onset. This disruption highlighted the interconnected nature of regional labor markets, where disruptions in one sector create ripple effects across industries.<br /><br />Current employment data shows the job market cooling after pandemic-era gains. The September jobs report indicated employers added 119,000 positions nationally amid a broader hiring slowdown across the United States. Simultaneously, unemployment has ticked...
The Post-Fed Market 12/11/25
<p>Scott Wapner and the Investment Committee debate the state of the market after Fed Chair Powell announced another rate cut yesterday. Plus, the desk shares their latest portfolio moves. And later, a street fight on Uber. Stephanie Link sells out of the name but Josh Brown disagress, they both make their case.</p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
Stocks and AI Anxiety 12/17/25
<p>Scott Wapner and the Investment Committee discuss the state of stocks as investors grapple with more AI anxiety. Rob Sechan details his latest portfolio moves. Pro golfer Rory McIlroy and Will McIntosh, Versant President of Digital Platforms and Ventures, join from Jupiter, Florida ahead of the inaugural Optum Golf Channel Games. </p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
We Were Right: Kaiser and Jeremy Reunite to Riff on the China Vibe Shift
<p>This week on Sinica, I welcome back Jeremy Goldkorn, co-founder of the show and my longtime co-host, to revisit the "vibe shift" we first discussed back in February. Seven months on, what we sensed then has fully borne out — there's been a measurable softening in American attitudes toward China, reflected not just in polling data but in media coverage, podcast discussions, and public discourse. We dig into what's driving this shift: the chaos of American politics making China look competent by comparison, the end of Wolf Warrior diplomacy, the gutting of China hawks in the Trump administration, Trump's own tr...
The Bay Area Job Market in 2025: High Pay, Tight Competition, and Evolving Trends
The San Francisco Bay Area job market in late 2025 is defined by high compensation, strong competition, and rapidly evolving industry trends, with technology remaining at the forefront despite mixed signals across sectors. According to UC Berkeley Haas, starting salaries for 2025 MBA graduates reached historic highs—averaging $164,930, with consulting and technology sectors leading hiring at median base salaries of $190,000 and $159,000 respectively. The majority of these graduates accepted roles in tech, consulting, and financial services, where top employers include Amazon, Google, Nvidia, Morgan Stanley, Microsoft, and major consulting firms. The energy, healthcare/biotech, real estate, and retail sectors contribute less but show st...
The 100 Year Thinkers | Chris Mayer and Robert Hagstrom on the Dangers of Abstraction
<p>In this episode of our new show The 100 Year Thinkers, Robert Hagstrom, Chris Mayer, Bogumil Baranowki and Matt Zeigler explain how investors get trapped by labels, abstractions, and simplistic models, and why breaking free with better mental models, language, and long-term thinking is a real edge in markets.</p><p>Subscribe on Spotify</p><p>https://open.spotify.com/show/5IsVVM27KWP6SUW6KN2ife</p><p><br /></p><p>Subscribe on Apple Podcasts</p><p>https://podcasts.apple.com/us/podcast/the-100-year-thinkers-long-term-compounding-in-a-short-term-world/id1845466003</p><p><br /></p><p>Subscribe on YouTube</p><p>https://youtube.com/@excessreturns</p><p><br /></p><p></p>
New York City's Resilient Job Market Amid National Challenges: Opportunities and Threats in Tech, Healthcare, and the Gig Economy
New York City's job market in late 2025 shows resilience amid national challenges, with a weakening labor landscape marked by 1.2 million U.S. job cuts approaching 2008 crisis levels, though local data reveals mixed signals. According to a YouTube analysis of employment trends, unemployed Americans with four-year degrees now comprise a record 25.3% of total unemployment, double 2008 rates, signaling white-collar strain spilling into NYC. The New York State Department of Labor reports Nassau and Suffolk counties' unemployment at 3.8% in August, with citywide rates likely similar amid slowed wage growth and elevated inflation, per New York Times surveys. Major industries include finance, tech, healthcare...
Seattle's Evolving Job Market: Tech Shifts, Healthcare Gains, and AI's Mixed Impact
Seattle's job market remains robust yet faces evolving pressures from technology and economic shifts. The employment landscape features a mix of tech dominance and service growth, with major industries including technology, aerospace, healthcare, and tourism. Amazon and Expedia stand out as key employers, though Amazon layoffs pose risks to the city's payroll tax revenue, projected at $344.4 million in 2025 per the Office of Economic and Revenues Forecasts, rising to $401.9 million in 2026. Unemployment data is limited in recent reports, but WalletHub's 2025 analysis ranks Seattle 16th among U.S. college towns for academic and economic opportunities, factoring in job growth, graduate earnings, and...
Minneapolis Job Market Holds Steady Amid Nationwide Shifts, Prioritizing Workforce Development in Construction and Tech
Minneapolis boasts a stable job market amid national economic shifts, with persistent workforce shortages in key sectors like construction driving project delays and growth challenges. The employment landscape features steady demand in healthcare, industrial development, and professional services, though early-career tech roles face declines due to AI impacts, as noted by ArcaMax reports on software developer employment dropping nearly 20 percent from late 2022 peaks. According to the Minnesota Department of Economic Development's December 2024 Employment Outlook, the metro area projects about 5,015 new construction jobs through 2032, fueled by population growth, aging infrastructure, and technologies like AI and drones. Unemployment data gaps exist for...
5 Negocios de IA que puedes empezar ahora | Manuel de León | #462 SINERGÉTICOS
<p>🐝 ¡Sinergéticos!</p> <p>En este episodio conversamos con Manuel de León Jr, empresario, estratega digital y COO de Sinergéticos donde lidera operaciones, crecimiento y creación de contenido con impacto masivo en redes. También es CEO de Synergy Education y fundador de Sinertegia Academy, ayudando a miles de emprendedores a facturar por internet, construir marcas y escalar negocios online con estrategias prácticas de marketing y posicionamiento en la era digital.</p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</p>
Philadelphia's Shifting Job Market: From Manufacturing Woes to Healthcare Opportunities
Philadelphia's job market shows signs of softening amid national trends, with manufacturing activity contracting for the third straight month according to the Philadelphia Fed, while online labor demand rose slightly to 130.3 in November per the Conference Board HWOL Index. The broader employment landscape reflects a late-cycle economy, as Pennsylvania's unemployment rate aligns with the national figure of 4.6 percent in November, the highest in four years according to CBS News and Brushwood Media Network reports. Key statistics indicate U.S. payrolls added just 64,000 jobs last month, with Philadelphia's metro area facing uneven growth concentrated in services over cyclical sectors like manufacturing...
Philadelphia's Resilient Job Market: Stability, Growth, and Workforce Initiatives in 2025
Philadelphia’s job market in late 2025 is marked by steady employment, moderate unemployment, and dynamic shifts across key sectors. According to the Philadelphia Federal Reserve and MIG Market Watch, the city’s September 2025 unemployment rate stood at 4.4 percent, slightly above the prior year but still historically low. Payroll numbers rose by 119,000, and the overall job market is regarded as stable, with layoff rates holding steady and job openings consistent with national trends, as noted by AOL News. The labor force encompasses a wide swath of industries, from healthcare, education, and construction to emerging sectors such as enterprise digital solutions and biom...
Me quede sin dinero a los 30s y así cree una empresa | Alejandro Pérez | #459 SINERGÉTICOS
<p>🐝 ¡Sinergéticos!</p> <p>En este episodio conversamos con Alejandro Pérez, fundador de Vende Como Pro, experto en Amazon FBA y comercio electrónico, con más de 15 años de experiencia en medios y ventas online. A través de su método, Alejandro ha ayudado a cientos de emprendedores latinos a crear tiendas rentables en línea, escalar sus negocios y alcanzar ingresos significativos desde cero.</p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</p>
Philly's Steady Job Market: Resilient Sectors, Cooling Trends, and Shaping the Future
Philadelphia’s job market is cooling but remains comparatively stable. According to the U.S. Bureau of Labor Statistics, the Philadelphia-Camden-Wilmington metro unemployment rate is hovering around the mid‑4 percent range, slightly above the national rate but below peaks seen earlier in the decade. The Conference Board’s Help Wanted Online data show Philadelphia in the middle of major U.S. metros for online labor demand, suggesting moderate hiring activity rather than a boom. Listeners should note that very recent, city-specific data can lag by one to two months, creating short-term gaps in precision.<br /><br />The employment landscape is anchor...
He Was Overweight Tech for 15 Years. He Just Downgraded the Mag Seven | Ed Yardeni Explains Why
<p>Ed Yardeni returns to Excess Returns to break down the evolving market landscape, why he moved the Magnificent 7 to underweight, and how AI, productivity, interest rates, global markets, and sector leadership will shape the next stage of the Roaring 2020s. Ed explains why the economy has remained so resilient, what could finally trigger a true market broadening, and how investors should think about everything from tech competition to inflation, private credit risks, and Fed policy heading into 2026.</p><p>Main topics covered<br />• Why Ed reduced the Magnificent 7 and tech from overweight to market weight<br />• How extreme sector conc...
Cómo poner límites en tu familia y relaciones sin culpa | Stephanie Essenfeld | #460 SINERGÉTICOS
<p>🐝 ¡Sinergéticos! En este episodio conversamos con Stephanie Essenfeld, psicoterapeuta, conferencista internacional y fundadora de Más Paz Mental, una comunidad y programa transformacional dedicado a la salud emocional, comunicación asertiva y establecimiento de límites saludables. Con miles de personas impactadas en decenas de países, Stephanie combina su experiencia clínica y humana para enseñar cómo sanar relaciones, manejar emociones y construir paz interior mediante herramientas prácticas de bienestar y autoconocimiento. Encuentra más sobre ella en: https://www.stephanieessenfeld.com/</p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</
New York City's Resilient Job Market Faces Slow Adjustment, AI Impact, and Federal Data Gaps
New York City’s job market in late 2025 is defined by mixed signals: steady economic growth and high worker productivity coexisting with slower job creation and a modest uptick in unemployment. The Conference Board Employment Trends Index indicates a slight rebound in September but remained nearly at its lowest level since the pandemic, reflecting subdued business and consumer confidence. Before the October government shutdown, the labor market was described as ‘healthy,’ although recent data remains delayed and incomplete due to federal disruptions. The city’s unemployment rate has edged up and is currently estimated near 4.4 percent—higher than last year but still...
Stocks Rally on CPI Print 12/18/25
<p>Scott Wapner and the Investment Committee discuss the rally in stocks after a lighter than expected inflation print. The experts detail their latest portfolio moves and debate the trades in energy, and Joby. Josh Brown adds Nasdaq, Inc. to his list of Best Stocks in the Market. Michael Santoli joins the desk with his Midday Word.</p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
Diverging Fortunes: The Uneven Washington DC Job Market in the Final Months of 2025
The Washington D.C. job market is experiencing significant structural shifts as the nation enters the final months of 2025. The employment landscape in the capital region reflects broader national trends of diverging fortunes across income levels and sectors, even as official unemployment statistics remain relatively stable.<br /><br />The federal government remains the dominant employer in Washington D.C., with the public sector accounting for a substantial portion of the region's workforce. However, recent developments have introduced uncertainty into this traditionally stable employment base. The Trump administration's policy changes, including increased immigration restrictions and potential cuts to public education funding...
New York City Job Market Amid National Slowdown: Public Sector Stability, Private Hiring Woes
New York City's job market in late 2025 reflects a challenging national landscape amid rising U.S. unemployment, which hit 4.6 percent in November with 7.8 million unemployed, up 700,000 from last year, according to the Department of Labor as reported by Cailian Press. Layoffs surged 54 percent year-over-year to 1.17 million positions, driven by cuts at firms like Amazon, UPS, and Verizon, though city-specific data lags, creating gaps in localized statistics. The employment landscape centers on finance, healthcare, tech, media, and government, with major employers including state agencies via StateJobsNY, MTA, and hospitals like those under the Office of Mental Health.<br /><br />Key statistics...
Philadelphia's Evolving Job Market: Healthcare, Energy Efficiency, and Logistics Shine Amidst National Slowdown
Philadelphia's job market in late 2025 reflects a cooling yet balanced landscape amid national slowdowns. Pennsylvania's unemployment rate stood at 4.1 percent in September 2025, up from 3.7 percent a year earlier, while the U.S. rate hit 4.4 percent, according to the Pennsylvania Department of Labor and Industry and Federal Reserve Bank of Philadelphia reports. Total nonfarm jobs reached a record 6,252,900, up 99,900 over the year and marking the 17th consecutive high, driven by gains in 10 of 11 supersectors, with education and health services adding 2,500 jobs monthly.<br /><br />Major industries include healthcare, social services, financial activities, and emerging energy efficiency, which grew 4.63 percent in 2024 to...
Bay Area Job Market Evolves: Tech Shifts, AI Rises, Public Sector Stabilizes
The San Francisco Bay Area job market is in a slower, uneven expansion phase, with tech still dominant but no longer the singular growth engine. Axios, citing Indeed data, reports San Francisco job postings are down about 37 percent from early 2020, reflecting sharp pullbacks at major tech employers like Google, Meta, and Salesforce after overexpansion and higher interest rates. Enrico Moretti at UC Berkeley notes that the correction is concentrated in white-collar tech roles, even as artificial intelligence hiring, especially in San Francisco, is creating new high-paying openings and reshaping demand for machine learning, data, and infrastructure talent. Statewide forecasts summarized...
The Minneapolis Job Market: Stability Amid Shifting Trends
The job market in Minneapolis shows a mixed but generally stable picture in late 2025, with some softening in online labor demand but continued strength in key sectors. Employment is concentrated in healthcare, finance, technology, and advanced manufacturing, with major employers including UnitedHealth Group, Target, U.S. Bank, and 3M. The IT sector remains active, with average annual salaries around 114,500 dollars, or about 55 dollars per hour, according to ZipRecruiter data from November 2025. <br /><br />Recent labor market data from The Conference Board shows that advertised online job vacancies in the Minneapolis metropolitan area totaled about 93,400 in September 2025, down slightly from the...
Navigating Seattle's K-Shaped Economy: Opportunities Amid Tech Layoffs and Retail Challenges
Seattle's job market presents a complex picture as of late 2025. The region ranks second nationally in artificial intelligence job postings with 1,472 posted AI positions in early 2025, reflecting the tech sector's dominant influence on regional employment. However, this growth masks broader labor market challenges affecting Washington state and the broader Pacific Northwest.<br /><br />The unemployment rate in Washington state stands at 4.5% for 2025, with forecasts projecting an increase to 4.9% in 2026 and 2027. This uptick coincides with significant tech layoffs, including Microsoft's reduction of 3,200 employees, alongside workforce reductions at Google and Meta. Despite these cuts, the technology sector continues to drive regional economic...
The Final Stretch of 2025 12/19/25
<p>Scott Wapner and the Investment Committee debate the final stretch of 2025 and whether stocks can stage a rally into the new year. Uber and Lyft shares slide this week as the autonomous vehicle wars heat up. The desk talks about the prediction markets mania. CNBC Senior Markets Commentator Michael Santoli joins with his Midday Word.</p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
Seattle's Resilient Tech Hub: Adapting to Hybrid Work and Diversifying Industries
Seattle's job market remains resilient despite broader economic headwinds facing the nation. The region continues to attract relocating workers, ranking seventh nationally for incoming interstate moves in 2025 according to Atlas Van Lines, though growth has slowed compared to previous years. Migration accounted for 78 percent of Washington state's population increase from 2020 to 2025.<br /><br />The employment landscape reflects a tech-dominated economy with approximately 287,000 tech workers comprising 13 percent of the overall workforce. Major employers include Amazon, Microsoft, Meta, and other technology giants that have largely settled on hybrid work arrangements, typically requiring either four or five days in the office per week...
Seattle's Job Market Outlook: Resilience Amid Tech and Logistics Challenges
Seattle's job market in late 2025 shows signs of weakening amid national slowdowns, with logistics and tech sectors pulling back, according to Elliott Krivenko of CoStar. The employment landscape reflects a 0.5% job gain over the past year to about 11,800 new positions, per Bureau of Labor Statistics data cited by Krivenko, though federal shutdowns delayed September figures from the Washington State Employment Security Department. Unemployment stands around 4.6%, influenced by national trends and data gaps from the shutdown, as reported by KOMO News and the Daily Record. Major industries include tech, logistics, construction, and medical office, with key employers like Amazon and Microsoft...
New York City's Troubling Job Market: Layoffs, Stagnant Hiring, and Competitive Challenges
The New York City job market presents a complex picture as of late 2025, characterized by slowing growth and increasing layoffs despite some stabilizing unemployment metrics. The city's employment landscape has become notably challenging for jobseekers, with employers announcing significant cuts throughout the year while simultaneously reducing hiring activity.<br /><br />Recent employment data reveals concerning trends. Private companies cut 32,000 workers in November, significantly underperforming expectations of a 40,000 position gain. Year-to-date, announced job cuts have reached approximately 1.171 million across the nation, representing a 54 percent increase compared to the same period in 2024. These losses have been concentrated among small and medium-sized businesses...
The Symbolism of the Flying Tigers: Peking University's Wang Dong on the American Volunteer Group and its Historical and Diplomatic Usages
<p>This week on Sinica, I chat with Peking University's Professor Wang Dong (王栋), an international relations scholar at the School of International Studies at Peking University, where he also serves as Deputy Director and Executive Director of the Office for Humanities and Social Sciences and the Institute for Global Cooperation and Understanding. Professor Wang’s scholarship and public commentary focus on U.S.–China relations, Cold War history, and the uses of historical memory in diplomacy. He has been an especially thoughtful voice in connecting the Flying Tigers legacy with today’s efforts to stabilize and strengthen the people-to-people ties between ou...
Philadelphia Job Market Shifts: Moderate Growth, Evolving Sectors, and Workforce Adaptations
Philadelphia’s job market in November 2025 is defined by moderate growth, steady but elevated unemployment, and significant sector shifts. According to ALM First, the unemployment rate stands at 4.3 percent with a labor force participation rate of about 62.3 percent, numbers that mirror national averages and underscore a market that remains slightly slack compared to the pre-pandemic era. ZipRecruiter finds the average annual salary in Philadelphia is $142,335, about 0.7 percent above the state average, with wage growth limited and little variation between top-paying cities in the metro area. The Bureau of Labor Statistics notes a nationwide slowdown in annual job growth, which in Ph...
Cómo duplicar tus ahorros invirtiendo en casas de EUA | Luis Mata | #455 SINERGÉTICOS
<p>🐝 ¡Sinergéticos!</p> <p>En este episodio conversamos con Luis Mata, empresario, CEO y fundador de AZ Equity Redes, compañía dedicada a desarrollar proyectos de crecimiento comercial y expansión, creando modelos de negocio que impulsan ingresos, liderazgo y formación empresarial. A través de educación, comunidad y ejecución estratégica, Luis hoy inspira a miles de emprendedores a construir negocios sostenibles, escalables y con propósito.</p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</p>
Philadelphia's Evolving Job Market: Navigating Economic Shifts and Targeted Growth Opportunities
Philadelphia's job market reflects broader national economic challenges while showing targeted strength in specific sectors. The unemployment rate in the region has risen to 4.4 percent, matching the highest level seen in nearly four years nationally. September saw the economy add 117,000 jobs, below the decade-long monthly average of 146,000, indicating a significant slowdown in hiring momentum.<br /><br />The Philadelphia region faces a K-shaped economic pattern where growth appears solid on the surface yet hiring remains sluggish and consumer spending weakens. Job creation has averaged just 35,000 over recent months when accounting for downward revisions, compared to 160,000 to 170,000 per month in the prior...
Philly's Jobs Landscape Mirrors National Trends: Sluggish Growth, Demographic Disparities, and Economic Uncertainty Ahead
Philadelphia's job market reflects broader economic headwinds facing the nation. The city is experiencing modest employment growth with 146,194 jobs currently available on Indeed, though recent data reveals concerning trends beneath the surface. The September jobs report showed only 119,000 new jobs added nationally, with employment actually declining by 6,000 jobs during the first nine months of the year outside of healthcare, food service, and social services sectors.<br /><br />The unemployment landscape in Philadelphia mirrors national patterns, particularly affecting specific demographic groups. Black women in the region face disproportionate unemployment challenges, with the national rate jumping from 5.8 percent to 7.5 percent between June...
The Base Case is Wrong | Paul Eitelman on AI, Reacceleration and the Pause No One Sees
<p>In this episode of Excess Returns, we sit down with Paul Eitelman, Global Chief Investment Strategist at Russell Investments, to unpack their 2026 outlook and the idea of a “Great Inflection Point” for markets and the economy. Paul explains why the U.S. economy may be shifting from resilience to reacceleration, how artificial intelligence is moving from hype to measurable returns, and why market leadership could finally broaden beyond the Magnificent Seven. The conversation blends macroeconomic analysis, behavioral finance, and real-world portfolio implications, offering investors a framework for thinking about growth, risk, and diversification as we head into 2026.</p><p>Main...
Episodio 5 - La magia (o la pesadilla de la Navidad) con Ozz Bala
<p>En este episodio, Ozz Bala y Xanic narran historias de personas que se dejaron llevar por la magia de la navidad, pero todos sus sueños e ilusiones los llevaron a vivir una verdadera pesadilla: el aguinaldo, las rebajas en almacenes, las fiestas familiares, los regalos, las cenas, endeudaron a gente con más de lo que podían pagar. </p> <p>Escucha sus anécdotas, aprende de sus errores, y dar el mejor regalo decembrino que hay: la paz de no tener una deuda que vas a seguir pagando el año que viene</p><p> </p><p>Learn...
The Bay Area Job Market Evolves with AI Driving Tech Hiring Amid National Cooling
The San Francisco Bay Area job market in late 2025 shows resilience amid national cooling, with AI driving tech hiring despite broader California job cuts of 173,022 announced in the first 11 months, up 14 percent from last year according to Challenger data. Employment remains robust in tech and healthcare, though federal payroll reductions nationwide since January have indirectly pressured the region. The U.S. unemployment rate hit 4.6 percent in November per the Bureau of Labor Statistics, with California facing elevated strain and no Bay Area-specific rate available in recent reports, marking a data gap. Major industries include technology, where AI roles comprise 42 percent...
Why Most Investors Won't Buy the Best Diversifier | Andrew Beer on Managed Futures
<p>In this episode of Excess Returns, we sit down with Andrew Beer to break down managed futures, hedge fund replication, diversification, and what investors can realistically expect from these alternative strategies. Andrew explains why managed futures can act like a “cloudy crystal ball,” how trend strategies capture major macro shifts, why complexity isn’t always your friend, and how advisors can communicate these concepts to clients. We also explore fees, model portfolios, allocation decisions, global macro themes, and what smart-money positioning looks like heading into 2025.</p><p>Topics Covered<br />What managed futures actually are and how they work<br />H...
"Minneapolis Job Market Resilience: Adapting to Economic Shifts and Technological Change"
Minneapolis remains one of the Midwest’s most dynamic job markets, blending strong traditional sectors with new areas of growth. The Federal Reserve Board reported the city’s unemployment rate at 4.3% as of August 2025, reflecting continued stability despite national fluctuations around inflation and workforce shifts. According to Indeed, there are currently more than 83,000 job postings in the greater Minneapolis area across all experience and skill levels, indicating a robust demand for labor. The employment landscape is anchored by health care, education, manufacturing, finance, technology, retail, and government. Major employers include Fairview Health Services, Target Corporation, the University of Minnesota, US Bank...
Cómo ver a Dios, milagros y sanción espiritual | Merce Villegas | #458 SINERGÉTICOS
<p>🐝 ¡Sinergéticos! En este episodio conversamos con Merce Villegas, coach de vida, conferencista internacional y guía espiritual reconocida por su enfoque en la sanación emocional, la abundancia y el despertar del alma. Autora del bestseller Las 21 Leyes del Amor, Merce ha inspirado a decenas de miles de personas en más de 30 países mediante sus conferencias, talleres y su programa transformador Conversaciones para el Alma, enseñando a reconectar con el amor interior, sanar heridas profundas y manifestar una vida plena basada en paz, gratitud y propósito.</p><p> </p><p>Learn more about your ad choices...
Seattle's Job Market: Cooling but Resilient Amidst Tech Shifts and Diversification
Seattle’s job market is cooling but remains relatively resilient. The U.S. Bureau of Labor Statistics reports that the Seattle–Tacoma–Bellevue metro unemployment rate is about 4.9%, up from roughly 4.2% a year earlier and well above sub‑3% pre‑pandemic levels, signaling a softer but not collapsed market. Washington’s Employment Security Department recently noted statewide job cuts and described job growth as weakening, with more industries shedding jobs than adding, though education, health care, transportation, warehousing, and leisure and hospitality are still expanding. Zillow data cited by Axios tie a slowing regional job market to rising housing inventory and modest home...
Final Full Trading Week of 12/15/25
<p>Scott Wapner and the Investment Committee debate how to trade the final full trading week of the year. Plus, they share their latest portfolio moves. And later, we hit the latest Calls of the Day. </p><p> </p><p>Investment Committee Disclosures</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.</p>
The Alpha No Human Can Find | David Wright on Machine Learning's Hidden Edge
<p>In this episode of Excess Returns, we sit down with David Wright, Head of Quantitative Investing at Pictet Asset Management, for a deep and practical conversation about how artificial intelligence and machine learning are actually being used in real-world investment strategies. Rather than focusing on hype or black-box promises, David walks through how systematic investors combine human judgment, economic intuition, and machine learning models to forecast stock returns, construct portfolios, and manage risk. The discussion covers what AI can and cannot do in investing today, how machine learning differs from traditional factor models and large language models like ChatGPT...
Paul Triolo on Nvidia H200s, Chinese EUV Breakthroughs, and the Collapse of the Sullivan Doctrine
<p>Happy holidays from Sinica! This week, I speak with Paul Triolo, Senior Vice President for China and Technology Policy Lead at DGA Albright Stonebridge Group and nonresident honorary senior fellow on technology at the Asia Society Policy Institute's Center for China Analysis. </p><p>On December 8th, Donald Trump announced via Truth Social that he would approve Nvidia H200 sales to vetted Chinese customers — a decision that immediately sparked fierce debate. Paul and I unpack why this decision was made, why it's provoked such strong reactions, and what it tells us about the future of technology export controls on Ch...
Guest Host Iza Ding with Deborah Seligsohn: Inside COP30 in Belem, Brazil, and China's Climate Leadership
<p>This week on Sinica, I'm delighted to have Iza Ding as guest host. Iza is a professor of political science at Northwestern University and a good friend whose work on Chinese governance I greatly admire. She's joined by Deborah Seligsohn, who has been a favorite guest on this show many times. Deb is an associate professor of political science at Villanova University and was previously a science and environmental counselor at the U.S. Embassy in Beijing. This episode was recorded in three parts: the first two in Belém, Brazil during COP30 (the 30th UN Climate Change Conference), a...
Minneapolis Job Market 2025: Diversified, Cooling, and Evolving
Minneapolis currently has a relatively tight but cooling job market, with unemployment slightly above recent lows yet still better than many U.S. metros. According to the Minnesota Department of Employment and Economic Development, the Minneapolis–St. Paul metro unemployment rate has been hovering near the low to mid 3 percent range in 2025, up from around 2–3 percent in 2022–2023 but below the roughly 4.4 percent U.S. rate economists expect nationally, reflecting a resilient regional economy. The employment landscape is diversified: major industries include health care and social assistance, professional and technical services, finance and insurance, manufacturing, education, retail, and hospitality, anchored by large...
Minneapolis Job Market Holds Steady: Opportunities in Healthcare, Trades, and Specialized Roles
Minneapolis currently offers a relatively tight but resilient job market, with unemployment slightly below national levels and steady job growth. The Bureau of Labor Statistics reports Minnesota’s September 2025 unemployment rate at about 3.7 percent, up from roughly 3.1 percent a year earlier, while state nonfarm employment grew about 1.4 percent over the year, indicating cooling but still positive momentum. According to the Minnesota Department of Employment and Economic Development and the Minneapolis Regional Chamber, the metro employment landscape is dominated by health care, professional and business services, finance and insurance, education, manufacturing, retail, and hospitality, with major employers including Target, UnitedHealth Group, 3M...
