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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 9 Oct 2026 - - - #### The 4-week average of initial claims equaled its lowest level ever (57 years). I cut off the peaks so we can better see the troughs. -- For decades, this was THE gauge to measure the labor market. Now it's making a case this is the best US labor market in our lifetime... Source: Jim Bianco [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![The 4-week average of initial claims equaled its lowest level ever (57 years).](https://blog.syzgroup.com/hubfs/1791523725419.jpg) ![The 4-week average of initial claims equaled its lowest level ever (57 years).](https://blog.syzgroup.com/hubfs/1791523725419.jpg) 8 Oct 2026 - - - #### ALL 19 Fed officials BACKED a 25bp RATE HIKE in September. Most officials also said ANOTHER rate increase would likely be appropriate by YEAR-END. Almost all saw inflation risks tilted to the upside, with some warning the AI investment boom could push demand beyond supply and add further price pressure. The Fed also sees the labor market near full employment, while financial conditions remain supportive despite higher Treasury yields. Source: Coinbureau [#Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [#Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) ![ALL 19 Fed officials BACKED a 25bp RATE HIKE in September.](https://blog.syzgroup.com/hubfs/1791402190030.jpg) ![ALL 19 Fed officials BACKED a 25bp RATE HIKE in September.](https://blog.syzgroup.com/hubfs/1791402190030.jpg) 2 Oct 2026 - - - #### SEPTEMBER U.S. JOBS REPORT CAME IN FAR WEAKER THAN EXPECTED • Nonfarm Payrolls +29K vs Est. +90K • Unemployment Rate 4.2% vs Est. 4.1% • Avg. Hourly Earnings 3.0% vs. Est. 3.1% Given the massive undershoot in the NFP, rate hike probabilities have completely flipped. There is now a 71% chance of no hikes in October. One week ago, it was 35%. Nasdaq futures, Gold & Bitcoin spiked on the news. Source: coinbureau, [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![SEPTEMBER U.S. JOBS REPORT CAME IN FAR WEAKER THAN EXPECTED](https://blog.syzgroup.com/hubfs/1790945436283.jpg) ![SEPTEMBER U.S. JOBS REPORT CAME IN FAR WEAKER THAN EXPECTED](https://blog.syzgroup.com/hubfs/1790945436283.jpg) 1 Oct 2026 - - - #### Atlanta Fed GDPNow estimate for Q3 GDP drops to 3.7%, from 5.0% on September 25 Source: zerohedge [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![Atlanta Fed GDPNow estimate for Q3 GDP drops to 3.7%, from 5.0% on September 25](https://blog.syzgroup.com/hubfs/1790801458371.jpg) ![Atlanta Fed GDPNow estimate for Q3 GDP drops to 3.7%, from 5.0% on September 25](https://blog.syzgroup.com/hubfs/1790801458371.jpg) 30 Sep 2026 - - - #### U.S. PCE Inflation data confirm progress on cooling inflation has stalled (not surprisingly). Core PCE YoY: 3.0% (Est. 3.3%, Prior 3.3%) Core PCE MoM: 0.2% (Est. 0.3%, Prior 0.2%) PCE YoY: 3.4% (Est. 3.7%, Prior 3.7%) PCE MoM: 0.3% (Est. 0.3%, Prior 0.2%) Historical YoY figures were revised downward in the 2026 National Economic Accounts annual update, driven by BEA methodology changes to price-versus-quantity splits in portfolio management, legal services, and computer software. The softer inflation picture is easing pressure on the Fed to stay tighter for longer, with October rate hike odds falling again. That is generally SUPPORTIVE for stocks, precious metals and crypto, as lower rate expectations can boost liquidity and risk appetite. Source: Coinbureau, Wall St Engine. Macro [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![U.S. PCE Inflation data confirm progress on cooling inflation has stalled (not surprisingly).](https://blog.syzgroup.com/hubfs/1790777522877.jpg) ![U.S. PCE Inflation data confirm progress on cooling inflation has stalled (not surprisingly).](https://blog.syzgroup.com/hubfs/1790777522877.jpg) 28 Sep 2026 - - - #### The 2020s are an era of fiscal excess, political populism, de-globalization, resource colonization, trade/AI wars and an inflationary boom. In one chart, that’s US nominal GDP up 63% in the past six years while the price of the 30-year US Treasury is down 60%. For comparison, that is roughly what happens to a meme stock... except this one is the world’s “risk-free” asset. Source: BofA [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![The 2020s are an era of fiscal excess, political populism, de-globalization, resource colonization, trade/AI wars and an inflationary boom.](https://blog.syzgroup.com/hubfs/1790492475432.jpg) ![The 2020s are an era of fiscal excess, political populism, de-globalization, resource colonization, trade/AI wars and an inflationary boom.](https://blog.syzgroup.com/hubfs/1790492475432.jpg) 28 Sep 2026 - - - #### Global money supply just hit a new all time high of $103.66 TRILLION. Fed, ECB, Bank of Japan, and PBOC alone added $1 trillion in August, the 10th straight monthly increase. More money printed means more money flowing into assets like stocks and scarce assets. Source: Bull Theory [#Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) ![Global money supply just hit a new all time high of $103.66 TRILLION.](https://blog.syzgroup.com/hubfs/1790532372717.jpg) ![Global money supply just hit a new all time high of $103.66 TRILLION.](https://blog.syzgroup.com/hubfs/1790532372717.jpg) 24 Sep 2026 - - - #### If the US effectively removes the diesel exports from global markets, we will have a new low in global refining capacity available for energy markets Potentially VERY big deal, but I think it is a trial baloon from the administration. Source: Andreas Steno Larsen [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) ![If the US effectively removes the diesel exports from global markets, we will have a new low in global refining capacity available for energy markets](https://blog.syzgroup.com/hubfs/1790228435426.jpg) ![If the US effectively removes the diesel exports from global markets, we will have a new low in global refining capacity available for energy markets](https://blog.syzgroup.com/hubfs/1790228435426.jpg) [❮](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics/page/1) [1](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics/page/1) [2](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics/page/2) [3](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics/page/3) [4](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics/page/4) [5](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics/page/5) [❯](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics/page/3) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics/page/170?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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