Independent thinking for complex markets and current events
🇺🇸 US nonfarm employment annual growth 1.1% YoY. This slowdown predicted the last 12 recessions! The only exception is 1952. Chart: @jimwpaulsen pic.twitter.com/vEooGZQlkT — Alex Joosten (@joosteninvestor) June 7, 2025 The direct link: https://t.co/Y9z3nJKUHh — Tom McClellan (@McClellanOsc) June 6, 2025 The main message from today's employment report is that the US labor market continues …
Authored by Charles Hugh-Smith via oftwominds, As long as there’s a way to borrow more money, there’s no discipline pushing efficiency. There seems to be a large number of people with this job description: my job is to say no, with one exception. And what is the exception, the one circumstance where the answer is invariably …
Honest question: How did we go from tariffs being "refunded" back to April 5th to "there was no tariff exception announced on Friday" within 48 hours? pic.twitter.com/ypkzuVYsWV — The Kobeissi Letter (@KobeissiLetter) April 13, 2025 Let’s just be clear here Nobody is at the helm here They have absolutely no idea what they are doing …