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The last 10 minutes of trading on Wall Street today...
Source. Markets & Mayhem
Chinese firms are fast turning away from US and Europe for greenfield FDI
• China is de-risking, too, by reducing reliance on western markets for trade and investment • In countries 👇 imports from China of intermediate goods used in manufacturing have tripled since 2013 Source: Agathe Demarais, The Economist
A tectonic shift in Predict Presidential elections odds
Source: Predict It
A very important chart which goes AGAINST hard landing scenario
"The source of the rise in the us unemployment rate is not job cuts but a rise in labor supply because of rising immigration. That is the reason why the Sahm rule doesn’t work. The Sahm rule was designed for a decline in labor demand, not a rise in immigration." - Torsten Slok (Apollo) Source: Mike Z. on X
It seems that many companies are in desperate need for rate cuts...
Source: Bloomberg
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