Stephanie Pomboy: Unemployment Rate To Spike In 2026? artwork

Stephanie Pomboy: Unemployment Rate To Spike In 2026?

Thoughtful Money with Adam Taggart

December 17, 2025

Macro analyst Stephanie Pomboy returned for a livestream this morning.In it, we discussed the gargantuan debt financing needs of the AI sector and how the competition for funds across public & private companies AND the federal government is highly likely to create undesirable trade-offs.
Speakers: Adam Taggart, Stephanie Pomboy
**Adam Taggart** (0:02)
And we should be live. Welcome to Thoughtful Money. I'm Thoughtful Money Founder and your host, Adam Taggart. I'm welcoming you here for another Macro monthly update on a Wednesday with the Macro Maven herself, Stephanie Pomboy. Hi, Steph, how are you?

**Stephanie Pomboy** (0:17)
I'm great. How are you?

**Adam Taggart** (0:19)
I am good. Good to see you. I hope the past month has been good. You hope you had a good Thanksgiving. I hope you're looking forward to Christmas holidays.

**Stephanie Pomboy** (0:25)
Yeah, thank you. Merry Christmas. I am looking forward to it. It's 80 degrees here, though, so it's hard to feel really Christmassy. But Wilhelmina has her Christmas nutcracker out. I had to set that aside so she didn't decide now is the time to play.

**Adam Taggart** (0:44)
That's great. It's much more winter-like conditions here in Reno. Actually, I'll just apologize in advance if folks can hear the wind howling outside the window here.
We moved here about two months ago or so, and there have been a couple bouts of like a hundred mile an hour plus wind gusts. And we missed the past couple of ones. We were away for the weekend or whatever when they were happening. Well, we finally found out last night what everybody was talking about. Crazy. I've been up since like 3.3 with dogs that were in the bed who weren't understanding what was going on out there. And it still is kind of ripping. So let me know if it gets in the way of all of you.

**Stephanie Pomboy** (1:27)
Crazy. That's some severe weather. You probably, I'm sure Ashley feels like Dorothy and Toto with your dogs there.

**Adam Taggart** (1:36)
A little bit. A little bit. Although I think unlike Dorothy, I think she was considering throwing them out into the tornado last night.
But I did wake up. I'll see if I can load it while we're talking here. I did wake up to just a gorgeous rainbow, like a full rainbow going across the horizon. So if I can pull it up here so folks can enjoy, I will. But we've got a lot to talk about here, Steph. Why don't we start with the most important topic, which is your conference, the super terrific Happy Day is coming up faster than I think. Be here before everybody knows it. Can you just give interested folks direction on where they should go to sign up for that if you're interested?

**Stephanie Pomboy** (2:22)
Yeah, absolutely. Well, I can post a link on my Twitter. Actually, I have posted it a few times on my Twitter feed, but I'll do that again after we log off here.

**Adam Taggart** (2:33)
I'm just putting your Twitter handle right up there on the screen at bestpomboy so folks know where to go.

**Stephanie Pomboy** (2:39)
Thank you. Alternatively, if people are trying to find it, they can just go to my website and just hit the info at macromavens.contact and we'll send you the link. I need to get it posted on the website. I haven't done that yet, but if you just email us, we'll get you that link. But the exciting thing is that you have decided to grace us with your presence. I'm super happy about that. It's going to make it even more of a spectacular conference. We did this for the first time last year and had such a great feedback from people. I mean, it was not like any conference I've ever been to because there was such a sense of camaraderie between the speakers and the audience. It was kind of like a big family in a way, having a conversation about the big investment themes of the year. People were just really excited to come back and do that again. You're just such a natural fit with that audience. I'm very excited and we've got some great speakers lined up and whatnot. But you can learn all about that by looking at the link on my Twitter feed or emailing, and I'll send out the agenda. But it's going to be great and it's right after the President's Day weekend in mid-February here in South Florida, sunny, South Florida, St. Pete.
It's going to be great. So plan accordingly.

**Adam Taggart** (4:06)
Well, it was a huge honor to be asked. It's a real privilege to go there. So folks are thinking about going and decide to go. I look forward to meeting y'all there. And that's really one of the things that I don't do too many live events during the years, just because this gig keeps me so busy. But I really appreciate it when I do and you get to actually interact face to face in real time. Truly helpful for me to talk to people that watch this channel and they can get some of my best ideas from those conversations. But as an attendee of these things as well, it's really great when you get the opportunity to not just sit in the audience and hear somebody on the stage, but to actually get to interact with them off the stage. And your conference, from what I understand, is kind of that on steroids where you're all kind of mingling together. It's not necessarily faculty and audience, right?

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