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Last nights earnings plays on the site. Closed $PARA +126% Closed $DKNG +80% Link in bio
Add up GDP, JOLTS yesterday, and ADP and we are seeing signs of a slowing economy.
Breaking ADP. +177k jobs vs +200k expectations. Last month this number was +371k but this was revised today to +324k Definitely a soft number Jobs market is cooling.
ADP comes in at 177K vs an expectation of 194K Last reading was 371K Quite the drop month-over-month
That's a HUGE drop in JOLTS. The labor market is finally slowing.
U.S JOLTS JOB OPENINGS (JUL) ACTUAL: 8.827M VS 9.582M PREVIOUS; EST 9.500M U.S CB CONSUMER CONFIDENCE (AUG) ACTUAL: 106.1 VS 117.0 PREVIOUS; EST 116.0
BREAKING: JEROME POWELL AND THE FED NOW EXPECT THE FED FUNDS RATE TO BE 50 BASIS POINTS HIGHER THAN CURRENT LEVELS AT THE END OF THE YEAR
The millionaire mindset is different from the rest. They radiate positivity and optimism. Attitude is what helps you to succeed in life.
BREAKING: CPI year-over-year comes in at 4.9% vs 5% forecast
Agreed. We can’t be scared of tech. The word “sabotage” comes from the French word for the “sabot” shows that workers threw into machinery to disrupt their function. They were craftsman who were angered by the Industrial Revolution. But where would we be without it?
Global economic tightening. All nations forced to choose between fighting inflation while maintaining employment. Inflation getting the priority. This is not good for stocks.
Global Central Bank Update: -ECB hikes rates for the 7th time in the last year, 25 bps move to 3.25%. -Norway: 25 bps hike to 3.25% (10th hike). -Hong Kong: 25 bps hike to 5.50% (10th hike). -Saudi Arabia: 25 bps hike to 5.75% (10th hike).
Rate hikes take around 1 year to impact the economy. It's been 14 months since the first hike. We are yet to see the effects on the economy. This is called ... Scary. bloomberg.com/news/articles/…
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