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⚠️The US job markets suggests the economy is in a RECESSION:
The US economy has SHED -142,200 jobs over the last 4 months excluding healthcare sector, the highest reading since the 2020 Crisis.
In the past, such a drop has usually happened at the onset of a recession,.
The number of people who are not in the labor force but still want a job rose by 179K in August. Had these folks been counted as unemployed, the unemployment rate would have increased from 7.6% to 7.8%.
🚨Long-short strategy between corn $CORN 🌽and soybeans $SB, assets that have been correlated and cointegrated for over a decade. Farmers tend to plant the crop that had the higher price
This is not financial advice
#china#farmer
This is interesting:
The US Court of Appeals has ruled President Trump's global tariffs to be illegal 30 minutes AFTER futures closed.
And, the ruling came out ahead of Labor Day weekend, when markets will be closed for the next 3 days.
Is this a coincidence?
Meanwhile:
Miners are enjoying some of their best profit margins ever at these gold price.
Remarkably, many of these companies still trade as if gold were priced around $2,000.
A significant re-rating is likely still ahead of us, in my view.
Container shipping traffic from China to the US is falling again:
The number of container ships departing from China to the US over the last 15 days has dropped to its lowest level since May.
This is also one of the lowest readings in 2 years.
Shipping volumes have declined by…
Most bought stocks by SUPERINVESTORS in the first 6 months of 2025:
🥇 Microsoft $MSFT
🥈 Alphabet $GOOGL
🥉 Meta $META
4️⃣ Amazon $AMZN
5️⃣ UnitedHealth $UNH
6️⃣ Nvidia $NVDA
7️⃣ Taiwan Semiconductor $TSM
8️⃣ Alphabet (Class C) $GOOG
9️⃣ Capital One Financial $COF
🔟 Wesco $WCC
🚨 Germany is heading into DEBT SPIRAL:
Germany is projected to run deficits of over 4% of GDP annually through 2032.
That would mark the largest and longest sustained deficits in post-war history.
Who’s going to absorb all this new debt?
Is QE from the ECB back on the table?
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