Why Initial Jobless Claims Could Blow Up the Stock Market

In this episode of "The Compound and Friends," Josh Brown and Michael Batnick interview Jens Nordvig, founder and CEO of Exante Data, about the complexities of tariffs, global economics, and market trends. The discussion covers the recent court ruling on tariffs, its potential impact on the U.S. economy, and the consumer. Jens shares insights on sustainable tariff levels, the labor market, and the dollar's reserve currency status, as well as the potential impact of international capital flows. The conversation also touches on the role of data in understanding market dynamics, the challenges faced by global macro traders, and Jens's ventures, including Exante Data and Market Reader.