More regulation and rising trade tensions continue to be felt across the market.

December 22, 2023 6:48 am by CWR

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More regulation and rising trade tensions continue to be felt across the market.

This also comes at a time when China's real estate market is in recession territory.

Expect a bumpy road ahead as this continues.

Follow us @KobeissiLetter for real time analysis as this develops.

— The Kobeissi Letter (@KobeissiLetter) December 22, 2023

Nike $NKE getting absolutely destroyed in after hours trading pic.twitter.com/5DPVArMGLU

— Win Smart, CFA (@WinfieldSmart) December 22, 2023

See also SCE Labor Market Survey: The proportion of individuals who reported searching for a job in the past four weeks rose to 28.4% from 19.4% in July 2023, highest since March 2014. The average expected likelihood of becoming unemployed in the next four months reached a series high.

See also FED Pivots vs Stock market. Is this time different?

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