𝗧𝗛𝗘 𝗝𝗢𝗕𝗦 𝗥𝗘𝗣𝗢𝗥𝗧 𝗝𝗨𝗦𝗧 𝗥𝗘𝗠𝗢𝗩𝗘𝗗 𝗢𝗡𝗘 𝗢𝗙 𝗧𝗛𝗘 𝗙𝗘𝗗'𝗦 𝗕𝗜𝗚𝗚𝗘𝗦𝗧 𝗥𝗘𝗔𝗦𝗢𝗡𝗦 𝗡𝗢𝗧 𝗧𝗢 𝗛𝗜𝗞𝗘.
The US just added 162,000 jobs in August.
Consensus was around 53,000.
Unemployment stayed at 4.1%.
But I actually think the most important part of today's report... Mehr anzeigen Übersetzen
𝗧𝗛𝗘 𝗨𝗦 𝗝𝗢𝗕 𝗠𝗔𝗥𝗞𝗘𝗧 𝗜𝗦 𝗗𝗢𝗜𝗡𝗚 𝗦𝗢𝗠𝗘𝗧𝗛𝗜𝗡𝗚 𝗩𝗘𝗥𝗬 𝗦𝗧𝗥𝗔𝗡𝗚𝗘
Everyone will be watching the US jobs report today.
Consensus expects roughly 56,000 new jobs after the US actually lost 23,000 jobs in July.
But I think the headline number is hiding a much more interesting... Mehr anzeigen Übersetzen
𝗧𝗢𝗠𝗢𝗥𝗥𝗢𝗪'𝗦 𝗝𝗢𝗕𝗦 𝗥𝗘𝗣𝗢𝗥𝗧 𝗖𝗢𝗨𝗟𝗗 𝗕𝗘 𝗢𝗡𝗘 𝗢𝗙 𝗧𝗛𝗘 𝗦𝗧𝗥𝗔𝗡𝗚𝗘𝗦𝗧 𝗢𝗙 𝗧𝗛𝗘 𝗬𝗘𝗔𝗥 👀
Normally, investors like strong economic data.
More jobs = healthy economy = good for stocks.
Tomorrow, it may be exactly the opposite.
The reason is simple: the Fed is currently... Mehr anzeigen Übersetzen
𝐔𝐁𝐄𝐑 𝐉𝐔𝐒𝐓 𝐂𝐔𝐓 ~𝟏𝟎% 𝐎𝐅 𝐈𝐓𝐒 𝐖𝐎𝐑𝐊𝐅𝐎𝐑𝐂𝐄.
𝐒𝐇𝐎𝐔𝐋𝐃 𝐓𝐇𝐄 𝐒𝐓𝐎𝐂𝐊 𝐑𝐈𝐏 𝐇𝐈𝐆𝐇𝐄𝐑? 👀
$UBER (Uber Technologies Inc.) is reportedly cutting around 3,300 jobs (close to 10% of its workforce) as part of a major restructuring designed to reduce management layers.
My first... Mehr anzeigen Übersetzen
𝐓𝐡𝐞𝐫𝐞 𝐢𝐬 𝐚 𝐰𝐚𝐫 𝐞𝐬𝐜𝐚𝐥𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭.
𝐎𝐢𝐥 𝐢𝐬 𝐬𝐮𝐫𝐠𝐢𝐧𝐠.
𝐒𝐭𝐨𝐜𝐤𝐬 𝐚𝐫𝐞 𝐮𝐧𝐝𝐞𝐫 𝐩𝐫𝐞𝐬𝐬𝐮𝐫𝐞.
𝐒𝐨 𝐰𝐡𝐲 𝐭𝐡𝐞 𝐡𝐞𝐥𝐥 𝐢𝐬 𝐆𝐎𝐋𝐃 𝐟𝐚𝐥𝐥𝐢𝐧𝐠? 🤔
$GOLD
This is one of the more interesting market moves I've seen this week.
Yesterday,... Mehr anzeigen Übersetzen
𝐈 𝐚𝐦 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐬𝐡𝐨𝐫𝐭 𝐭𝐡𝐞 𝐍𝐚𝐬𝐝𝐚𝐪. 𝐁𝐮𝐭 𝐰𝐡𝐞𝐫𝐞 𝐝𝐨𝐞𝐬 𝐭𝐡𝐞 𝐦𝐨𝐧𝐞𝐲 𝐠𝐨 𝐢𝐟 𝐓𝐞𝐜𝐡 𝐟𝐢𝐧𝐚𝐥𝐥𝐲 𝐜𝐫𝐚𝐜𝐤𝐬? $NSDQ100
This is the question I've been thinking about this last few days.
The US 10-year Treasury yield is now around 4.8%, its highest level... Mehr anzeigen Übersetzen
𝐓𝐡𝐞 𝐧𝐞𝐱𝐭 𝐛𝐢𝐠 𝐀𝐈 𝐰𝐢𝐧𝐧𝐞𝐫 𝐦𝐚𝐲 𝐧𝐨𝐭 𝐦𝐚𝐤𝐞 𝐚 𝐬𝐢𝐧𝐠𝐥𝐞 𝐜𝐡𝐢𝐩
For the last three years, investing in AI has largely meant one thing:
Semiconductors.
And for good reason.
But I think we are reaching an interesting point in the cycle where the question is changing.
It is no... Mehr anzeigen Übersetzen
🇺🇸 A New Trump Trade? The Push to Decentralize U.S. Beef Processing
An interesting policy theme is developing in the U.S. that I think deserves more attention from investors.
President Trump said this week that he is authorizing legal work to allow farmers and ranchers greater ability to process... Mehr anzeigen Übersetzen
𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝐢𝐬𝐧’𝐭 𝐰𝐡𝐚𝐭 𝐰𝐨𝐫𝐫𝐢𝐞𝐬 𝐦𝐞. 𝐓𝐡𝐞 𝐛𝐨𝐧𝐝 𝐦𝐚𝐫𝐤𝐞𝐭 𝐝𝐨𝐞𝐬.
September has a reputation for being a difficult month for equities. But after looking at the daily market paths of 2021, 2023 and 2026, I think the seasonal explanation misses the point.
In 2021, the... Mehr anzeigen Übersetzen
𝐀𝐮𝐠𝐮𝐬𝐭 𝐰𝐚𝐬 𝐚𝐛𝐨𝐮𝐭 𝐦𝐚𝐤𝐢𝐧𝐠 𝐦𝐨𝐧𝐞𝐲. 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝐦𝐚𝐲 𝐛𝐞 𝐚𝐛𝐨𝐮𝐭 𝐩𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐧𝐠 𝐢𝐭.
As we approach the end of August, I’ve started thinking much more about what I actually want to carry into September.
The portfolio is having an excellent month, currently +8%... Mehr anzeigen Übersetzen
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