Soft Jobs Report and the Dollar's New Direction: What It Means for Investors

**SPEAKER_1** (0:01)
This is InvestTalk from KPP Financial, helping investors make sense of the markets one day at a time. Here's your host, Justin Klein.

**Justin Klein** (0:15)
Good afternoon, fellow investors, and welcome back to InvestTalk. This is our Friday, August 14th, 2026 edition of InvestTalk. It is, it's hot, it's hot out here. And it's hot here in Lickety Beach. Hopefully, everyone's staying cool. And the market's hot as well. Continues to power ahead despite the headlines, although today was not exactly an amazing day, but we closed the week. Okay, we limped into the weekend, shall we say, but we'll look at those numbers and the headlines much later in the show. But I want to set the table here and invite you, I invite you to give me a call, whatever's on your mind, money-related. We are here to help you navigate these challenging times. By answering your finance and investment questions, bringing you data, bringing you perspective. I've been doing this for over 25 years and I've seen, I've almost seen it all.
So I'm here for whatever question you throw at me. Nothing's too simple, nothing's too complex, so I encourage you to reach out. As always, 888-99-CHART is the number.
Now, in just a bit, we'll talk about today's Mark Performance and run down the show topics throughout the hour, but as usual, we'll tackle this first call question now.

**SPEAKER_3** (1:37)
I'm a listener to your podcast. I'm a very small-time investment type of person. I do have a 401k, it's pretty healthy, but on the side, I try to do a little bit of my own. And I came across Glimpse Group, stock ticker symbol, GGRP.
What are your thoughts on that, especially since it's an AI type of company? Thank you.

**Justin Klein** (2:01)
All right, this is Glimpse Group. It's trading for less than a dollar per share. So the first thing you have to say is, why is it trading for a dollar per share? Why is it a penny stock? It's hard to find penny stock. When I was, in my younger days, there were penny stocks all over, under $5.
But now, you either are lifted up or you're out. And this is a name that has negative $3.6 million in free cash flow. Its market cap is about $19 million. So this is not even a small cap. This is a micro cap. They do have cash in their balance sheet. That's the positive. They don't have a ton of debt. But if you're burning cash, they're about to burn through that cash in about a year from where they're at now. And what are they doing? They're probably issuing shares. Let's see. Yeah, shares continue to go up and to the right. Now, the positive would be earnings expectations for this year and next year are zero. Now, I don't know if that's because there's not an estimate or because it's gonna be break even. My guess is there's not really an estimate for a name this low or name this small, excuse me. But they've always lost money. So, this is all a story stock. This is not an investment and it may be around, it looks like they deal with virtual reality, augmented reality, spatial computing, software services, etc. That all sounds great. But last quarter, revenues are now 54 percent.
So, where's the growth here?
This is not an investment, okay? Do you want to stay far, far away, your new investor or new listener to the show? While the technicals on this, the short-term look okay, actually look pretty good. So, if you want it, it's like a trade maybe? But this is not a long-term investment because they have not shown any ability to sustain growth, profitability, etc. into the future.
Now, yesterday, Luke talked about the US housing market and how homes selling below asking price in 38 major cities. So, homes are selling below asking price in 38 major cities. So, he unpacked that story, 38 of the 50 biggest US cities. And we answered, he answered questions about pulse biosciences and if you happen to miss it, go check it out. That's the way to get every show is to follow InvestTalk wherever you get your podcast. Now, we have a lot of ground to cover over the next 45 minutes or so and time permitting, we'll get to all of it. Our main focus point today concerns this story. Soft jobs report in the dollar's new direction, what it means for investors. A week ago, they expect the US jobs report sent the dollar sliding and pushing and push back market expectations for Federal Reserve rate hikes. So we'll explore this data, what it means for different asset classes and the broader economy.