July 01, 2026

Claudia Sahm: "There Are Problems Under the Hood"

36 minutes

She’s the woman behind the famous Sahm Rule — an economic indicator that flags when a recession is ahead — and on a day we saw a slowdown in hiring and just one day prior to the new jobs report, Claudia Sahm, who spent 12 years as an economist at the Fed, sits down with Maggie Lake and gives her expert insights into jobs and “job hugging”, a potential recession, AI and an insider’s view into Kevin Warsh and the new Fed. If you want to know what’s ahead, it’s a must see interview.

💡 Claudia Sahm explains why a recession isn't her base case—but that doesn't mean investors should be complacent. Get a free portfolio review with Wealthion's endorsed financial advisors to prepare for multiple economic scenarios: https://bit.ly/4bmDXOq

💡Attend Rick Rules’ Natural Resource Symposium in Boca Raton this July, click here for in-person and virtual tickets: https://cvent.me/XOqdLa?via=Wealthion

Chapters:

00:00 Claudia Sahm: Why She's Not Predicting a Recession

03:57 Is the Stock Market Propping Up the Economy?

07:34 The Truth About Today's Labor Market

08:25 Will AI Actually Destroy Jobs?

10:44 Why Hiring Has Stalled Despite a Strong Economy

13:40 Should the Fed Overhaul Economic Data?

18:36 Is the Federal Reserve About to Stop Communicating?

23:29 Why Less Fed Transparency Could Backfire

27:20 Is the Fed Turning More Hawkish on Inflation?

31:38 Does the Fed Change Policy Because of Elections?

34:12 Final Thoughts

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#Wealthion #Wealth #Finance #Investing #PortfolioReview #InvestmentAdvice #FinancialPlanning #WealthManagement #Economy #Recession #FederalReserve #Fed #Inflation #InterestRates #LaborMarket #Jobs #AI #StockMarket #USEconomy #EconomicOutlook #Macro #Markets #EconomicData #MonetaryPolicy #Employment

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