Jobs beat on paper miss in reality, revisions slash 95K from March and April totals. The recession is close, but not there yet. “Don’t expect the market to go anywhere this summer,” JPMorgan has said

Once again markets are celebrating a "strong" May jobs report, with 139K jobs beating estimates by 10K, while ignoring the 95K downward revisions to the prior two months. But beneath the surface, the May jobs report, which showed even slower …

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We are super close to implosion. Two rosy “strong/resilient” months then complete free fall… They declare recession is averted then MORE complacency occurs before the rug is pulled out beneath them

DUDE We are super close to implosion. Two rosy "strong/resilient" months then complete free fall IMO. Same playbook every cycle. They declare recession is averted then MORE complacency occurs before the rug is pulled out beneath themThose $GME swaps👀💥https://t.co/mq52SLvnLB pic.twitter.com/W6Xo0tDEIE …

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S&P 500 Price to book, brings us so close to being the most expensive market of the modern era. The 2000 bubble: Nasdaq lost 78% in 2 years. It will be worse this time.

Any questions?https://t.co/vgMB7gVz3H pic.twitter.com/m94yuqKjV5 — Mac10 (@SuburbanDrone) December 12, 2024 These conditions echo the dot-com bubble, where the Nasdaq rose five-fold from 1995 to 2000, only to crash by 78%. Given the current high valuations and investor optimism, caution is essential. …

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