Syz the moment

You can pin most of it on a hit to exports from U.S. tariffs hammering demand. Consumer spending barely moved at 0.1% growth. Business investment held steady at 0.3%, suggesting corporate confidence hasn't completely evaporated yet. Source: StockMarket.news

And it’s coming with a major shift in strategy. New Prime Minister Sanae Takaichi isn’t tiptoeing around slow growth or budget pressure. She’s going all-in with: ✅ Tax cuts ✅ Help with rising utility bills ✅ Direct support to local communities — even food aid But here’s the real story 👇 Japan isn’t just trying to ease short-term pain. It’s placing massive strategic bets on the industries that will define the next decade: 💡 Artificial Intelligence 🔧 Semiconductors 🚢 Shipbuilding 🛡️ Defence & advanced manufacturing This is about future-proofing Japan’s global competitiveness — especially in Asia’s fast-moving tech ecosystem. 💼 What does this mean for investors? This stimulus could be a major tailwind for: 📈 Japanese equities 🛍️ Consumer-focused sectors 💻 Tech, AI, and semiconductor plays But there’s a twist: expect some yen volatility. With the government coordinating closely with the Bank of Japan to keep interest rates low, markets will be watching every move. 🔍 The big question Will this $110B push spark sustained long-term growth — or just a short-lived burst of momentum? The world is watching closely. Because how Japan executes this plan could reshape Asia’s tech supply chains and become a blueprint for how far government spending can go in revitalizing an economy. Source: StockMarket.news

Thiel Macro has cut US equity holdings from about $212m to $74m and is now basically parked in Tesla, Microsoft and Apple. Source: Wall Street Engine

Source: J-C Parets

Here's a potential explanation by Mac10: "As a proxy for OpenAI stock which is private, we have OpenAI vendor Oracle as proof of the failure of the OpenAI economic model. Oracle is down -35% from the high in clear repudiation of the Ponzi financing model. Meanwhile Google is having its best seven months in company history which shows the superiority of the self-financed model. It's clear that market is saying that Google will "win" the AI arms race, meaning survive this endurance contest". Maybe a bit extreme. But can we say at least that Mr Market has his doubts about the belief there are economies of scale to AI which is why the market is rejecting the OpenAI vendor financing approach and goes "all-in" the self-financing model of Alphabet??? Source: Mac10

Can it happen again today? If so, that'll be 11 higher Mondays in a row. Source: Ryan Detrick, Carson

Freight doesn’t care about narratives, headlines, or vibes. If shipments collapse, the real economy is hurting. Period. We’re now 3 years into a freight recession, and the index is still down 7%+ YoY. That means the actual movement of goods — the stuff that reflects real production and real demand — has stalled out. Here’s what’s driving the downturn: Consumer spending shifted from goods → services after the pandemic Retailers are still clearing the bloated inventories from 2021–2022 Manufacturing has been contracting for 8 straight months Tariff uncertainty is freezing new orders Trucking added too much capacity during the pandemic, and now rates are too low for carriers to survive A recovery will come… but only after: - Excess trucking capacity clears - Inventories normalize - Manufacturing turns back up The big takeaway: The freight collapse is telling us the goods recession is real — even if the stock market looks unstoppable. Source: Election wizard on X, StockMarket.news, AUgur Infinity

Copper miners followed with almost the same pattern. Are energy equities next? Source: Tavi Costa