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US private sector hiring rose by just 37,000 jobs in May, the lowest in more than 2 years… Trump had this to say 👇
Source: Stocktwits
Elon keeps pounding the table on the fiscal & debt side...
He probably feels that D.O.G.E didn't go far enough...
China's manufacturing activity plunges to lowest level since September 2022 📉
Source: Barchart, LESG
An intentional leak to give markets further hope?
Source: Adam Taggart @menlobear on X
The Atlanta Fed was forced to adjust its entire tracker to exclude gold imports which were skewing GDP by 1.5%.
How long until the Atlanta Fed also excludes soaring physical gold EXPORTS TO Switzerland to reduce the surge in Q2 GDP??? Source: zerohedge
Are US soft data starting to feed into hard data?
Source: Haver Analytics, Rosenberg Research
Is it time for the West to rethink its economic model?
Chart @econovisuals thru Michel A.Arouet
⚠️US consumers are struggling: More than 50% of US consumers are not able to cover a $2,000 emergency expense using only savings.
Nearly one-third cannot cover $500, according to the Fed survey released Wednesday. Most Americans have no savings. Source: Bloombrg, Global Markets Investor
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