NWT @nwtSwaps4CL
S&P500 is UBi universal basic income. funded via interest rate cuts and tax money allocated to S&P500 earnings & GDP via government contracts. stolen USA 🇺🇸 Joined April 2019-
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Labor market cracks are widening.
That is a stunning stat, but everyone hates bonds right?
Soft jobs report on all counts. Terminal is priced 150bps from spot, just below FOMC's neutral. Might have to wait for softer CPI or another terrible jobs report to move further.
Today's jobs report showed a stagnant labor market, with the unemployment rate rising to the highest since 2021. Traders are now fully pricing in 100bp of cuts by March 2026.
Taxpayer funded tech boom. That’s why Golds leading. Golden Age.
SPOT GOLD HITS FRESH RECORD HIGH OF $3,578.98/OZ
DXY DOLLAR INDEX FALLS TO 5-WEEK LOW OF 97.516 AFTER JOBS DATA
🇺🇸 *US AUG. NONFARM PAYROLLS RISE 22K M/M; EST. +75K - BBG *US AUG. TWO-MONTH PAYROLL NET REVISION SUBTRACTS 21,000 *US AUG. AVG WORKWEEK 34.2 HOURS; EST. 34.3 *US AUG. UNEMPLOYMENT RATE 4.3%; EST. 4.3%
Elon Musk could be the world's first trillionaire if this new pay package goes through. The board: “Retaining and incentivizing Elon is fundamental to Tesla . . . becoming the most valuable company in history.” ft.com/content/9068b0…
Every fiat currency ultimately ends in an hyperinflationary catastrophe. When it happens this time though we will call it Universal Basic Income.
MIRAN: FED DOESN'T CONTROL LONG END OF THE YIELD CURVE
Fed nominee Stephen Miran just said under oath that no one in the administration made him commit, either formally or informally, to lowering rates
🇺🇸 US Job Openings Fell in July to Lowest Level in Nearly a Year - Bloomberg bloomberg.com/news/articles/…
If you're going to be crazy, you have to get paid for it or else you're going to be locked up.
Gold up 100x since the end of Bretton Woods. 8.9% per annum - For a rock

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