On "What's Moving Your Money with Spencer Hakimian," Spencer reacts to the dreadful August Jobs Report, what it means for the U.S. economy, and what the Federal Reserve will do next week.br br 0:00 - Introduction: An Awful Jobs Report & The Coming Rate Cutbr 0:38 - The August Jobs Report: The Worst Since the Pandemicbr 1:44 - Why the Rising Unemployment Rate is a Big Problembr 2:48 - The Fed is Cutting Rates, But It Won't Fix the Problembr 4:42 - The Obvious Solution We Won't Takebr 5:21 - Market Reaction: A 'Classic Recession Trade'br 6:40 - Why Gold is Rallying (and Why Diversification Matters)br 7:59 - Q3 Earnings Preview: Expect 'Ugly' Guidance for Q4br 9:02 - The 'K-Shaped' Economy: AI vs. Everyone Elsebr br Subscribe to FORBES: br Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:br br br Stay Connectedbr Forbes newsletters: Forbes on Facebook: Forbes Video on Twitter: Forbes Video on Instagram: More From Forbes: br Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.