Dave Nicoski on Tech Wedge and Energy Surprise; Smart Macro: State-Level Layoff Surge

March 1, 2024 – After this week's wrap-up with Ryan Puplava, Financial Sense Newshour speaks with Dave Nicoski at Vermilion Research who flags an important shift happening in the market right now with mega cap tech stocks, energy, and the dollar. Then for our Smart Macro segment this week, we cover some surprising data we track here at our firm looking at the number of people facing job losses for every single state in the US. Currently, nearly 70% of states are showing a rise in unemployment. That's the highest since 2009 and the 2020 covid crash so listen in as we delve into this data more in relation to next week's widely watched jobs report coming out.

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Charts mentioned in today's show:

Source: Bloomberg, Financial Sense Wealth Management
Source: Bloomberg, Financial Sense Wealth Management
Source: Financial Sense Wealth Management, Bloomberg. Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly.
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