As December 3, 2025, dawns, the financial markets are grappling with a complex confluence of forces: a recent stock market decline and unsettling new job loss figures. This dual blow has injected a palpable sense of caution into investor sentiment, signaling a potential shift in the economic landscape. The immediate
Small businesses registered a net decline of 120,000 employees during the month, while mid-sized and large businesses added 90,000 employees on a net basis.
assett’s comments came in an interview with Fox, where he stated that U.S. equity markets celebrated once it became clear that President Donald Trump was inching closer to a decision.
The economist pointed to Trump appointee to the Fed, Michelle Bowman, advocating for loosening capital requirements, and the passing of the GENIUS Act as threats to financial stability.
Data from popular prediction markets Kalshi and Polymarket show that bets regarding the Fed Chair pick on both platforms are now worth over $9 million.
While November is typically a strong month for equities, a decline in major technology stocks has dragged markets lower, leaving both the Dow Jones Industrial Average and S&P 500 down about 2%.
According to a Bloomberg News report, Treasury Secretary Scott Bessent has been on the selection process since the summer to replace Powell and has been interviewing nearly a dozen candidates.
The economist noted in a post on X that the decline in consumers’ expectations of the future condition was due to a “mix of lingering price worries and growing employment income insecurity.”
The latest report comes weeks before the Federal Reserve is set to decide on its monetary policy direction and take a call on whether a rate cut in December is needed.
