1. Stocks: all-time highs
2. Home Prices: all-time highs
3. Bitcoin: all-time highs
4. National Debt: all-time highs
5. Core CPI Inflation: >3% for 42 straight months, longest run of high inflation since early 1990s
6. Fed: cutting rates again in 2 weekshttps://t.co/rQuXrxVpWs— Charlie Bilello (@charliebilello) December 6, 2024
Let me be clear…
The NFP numbers are BS!
The economy is deteriorating – and fast.
Household survey suggests 1.3M jobs LOST YoY. pic.twitter.com/h7t5RuKz9b— Henrik Zeberg (@HenrikZeberg) December 6, 2024
Payrolls up 227,000 but people employed plunges 355,000.
At some point they're just making numbers up✌️ https://t.co/BsleGxEXzF
— Peter St Onge, Ph.D. (@profstonge) December 6, 2024
Every. Single. Time. 👇🏼
Got recession? pic.twitter.com/qkflHalkCx
— Kalani o Māui (@MauiBoyMacro) December 6, 2024
It will be difficult to avoid a recession if/when the 1-year average of non-farm payrolls falls below 100k.
It was a precise leading indicator in 2008. pic.twitter.com/iorok8JA0R
— Guilherme Tavares (@i3_invest) December 6, 2024
Translation: Inflation has broken out. https://t.co/k9ECf3dcWz
— The Great Martis (@great_martis) December 6, 2024
History rhymes:
From 1929 before the crash: https://t.co/eRwZbjQtH6 pic.twitter.com/k2m5XYgIcH
— QE Infinity (@StealthQE4) December 5, 2024
‼️US ECONOMY LOST 1.34 MILLION FULL-TIME JOBS IN 1 YEAR‼️
US labor market shed a WHOPPING 1.34 million full-time jobs in November versus the previous year.
Full-time jobs have now fallen year-over-year for 10 MONTHS straight.
Month-over-month 111,000 full-time jobs were lost. pic.twitter.com/k27XRvg4g2
— Global Markets Investor (@GlobalMktObserv) December 6, 2024